2012年9月15日 星期六
2012年9月12日 星期三
2012年9月11日 星期二
2012年5月19日 星期六
2012年5月4日 星期五
2012年1月11日 星期三
Opportunity in China Real Estate Stocks, UBS Says
2011年12月30日 星期五
2011年12月5日 星期一
Real Estate Investing Marketing Systems
90 Commission. Help Real Estate Investors With Ready Made Marketing Systems That Solve Their Greatest Challenge. How To Find Real Estate Deals Before The Competition!
Check it out!
2011年5月29日 星期日
The Man Behind Egypt's Real Estate Rebellion
Hamdy El Fakhrany didn't set out to strike a blow against Egyptian government corruption when he traveled to a state land auction in 2007. All he wanted was a quarter of an acre to build a house. The auction was canceled, as were the others he tried to attend over the next six months, the 53-year-old engineer says.
Finally, an employee at the Housing Ministry took him aside and told him how things worked in then-President Hosni Mubarak's Egypt. "'You are not Hisham Talaat Moustafa,' he told me," referring to the billionaire whose family founded the country's biggest property developer, Talaat Moustafa Group Holding. "'If you were, you would have been given 33 million square meters [355 million square feet] of land without an auction, and for nearly nothing.'"
El Fakhrany left the meeting determined to learn as much as he could about the Talaat Moustafa purchase, which occurred in 2005. He was initially barred from reading the contract. Even so, by relying on handwritten notes slipped to him by someone else at the ministry, El Fakhrany was able to build a case that persuaded a court in September to annul the land sale underpinning the 120,000-home Madinaty project on Cairo's outskirts. An appeals court is set to review the ruling on June 21.
The size of the Madinaty deal and the government's attempts to override the September court ruling fed into broader public criticism directed at Mubarak, his family, and corruption in Egypt. A popular uprising forced Mubarak to resign in February after 30 years in power.
The publicity surrounding Madinaty, Egypt's biggest property development, prompted people to provide El Fakhrany with evidence of other suspicious land deals. He says he's now the plaintiff in more than a dozen lawsuits targeting state officials and developers. "I'm not against private companies working, but why can't they pay fair prices?" he says. "Those companies should not be an excuse to loot Egypt."
El Fakhrany has already scored another legal victory. On Apr. 26 a court reversed a 966,000-square-meter land sale to Palm Hills Developments, Egypt's fourth-biggest publicly traded developer, based on a suit brought by El Fakhrany that claimed the price was significantly less than the market value.
The panel of judges that annulled the transaction said that former Housing Minister Ahmed El Maghraby signed the Palm Hills sale document. El Maghraby owned a 4.6 percent stake in Mansour & Maghraby Investment & Development, which in turn holds 55 percent of Palm Hills, according to a company filing. El Maghraby has been arrested on charges of squandering public funds and profiteering in connection with the case. He could not be reached for comment.
El Fakhrany is preparing additional lawsuits, saying he has received enough documents to file 76 cases that challenge 126 projects. The contracting business owner says he is working with his daughter, Yasmin, a dermatologist, and using his own income to cover legal costs.
El Fakhrany's campaign, along with the uncertainty stemming from the toppling of the Mubarak regime, has thrown Egypt's real estate industry into turmoil. Stocks of publicly traded developers have tumbled as sales plummet and customers cancel deals. Shares of Talaat Moustafa are down 50 percent this year. In December, El Fakhrany was named "Egypt's First Fighter of Corruption" for 2010 in an event organized in part by the syndicate of journalists in Egypt. He received a prize of 5,000 Egyptian pounds ($840).
As for the Madinaty project that started El Fakhrany on his quest, a court order finally made the development's land contract available for review. While El Fakhrany knew some of the details, he was shocked when he read the document closely. Under the 2005 deal, which was completed without a public auction, El Fakhrany says, the state was entitled to 7 percent of the residential properties built, while Talaat Moustafa would get 93 percent. The government also agreed to exempt the developer from all taxes and fees incurred during construction, including import duties on construction materials, and relinquished rights to any commercial or retail space. "The deal couldn't have been any more slanted on the side of the developer and against Egypt," El Fakhrany says. "It was like it was drafted by an enemy of the state." While investigating the Madinaty case, El Fakhrany discovered that a Cayman Islands-based fund called Horus Private Equity Fund III was a shareholder in Talaat Moustafa Group and lists Mubarak's son Gamal as one of its owners.
Jihad Alsawaftah, chief financial officer at Talaat Moustafa, didn't respond to calls and e-mails seeking comment. Construction on the site continues while the case is in court. Hisham Talaat Moustafa, the former chairman of Talaat Moustafa, was convicted in May 2010 of paying a former police officer to kill his former girlfriend, Lebanese pop singer Suzanne Tamim. His sentence was reduced from death to 15 years in prison after a retrial that ended in September.
During an interview in a Cairo cafe, a woman approached El Fakhrany and asked if she could contact him and provide some documents to review. She thanked him for his work. "All the land, which was acquired through corruption, must be returned to the country, or those companies must pay the fair value for it," El Fakhrany says. "Only then we will settle and let the projects go on."
The bottom line: El Fakhrany's challenges to land deals in Egypt are uncovering corruption and upending the real estate market.
Fattah is a reporter for Bloomberg News. Kassem is North Africa bureau chief for Bloomberg News.Investing in Real Estate
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2011年5月22日 星期日
7 Top Real Estate Investing Jobs
Real Estate investing has long been proven to make tons of
CA$H for the active investor and many of the real estate
investing methods and techniques used to make some of
the biggest (and quickest) CA$H only require a little time
and a bit of knowledge (i.e., NO MONEY and NO CREDIT!) to
rapidly bring home a really big check!
That is the appeal of Real Estate investing courses to most
people ¨C to do deals that require little/no money or credit
yet pay back huge rewards for the time and knowledge you
get from following their systems.
Yet, the "investing" gets a bit lost in most of the world of
"Real Estate Investing" - there is no "investing" other than
a bit of time - there is no ROI (Return On Investment) other
than the time-for-money factor.
That is why I call these activities Real Estate Investing Jobs -
they stop bringing income as soon as you stop working
them.
Real Estate Investing through these jobs, while they make
you CA$H, will never give you financial freedom as they only
generate quick money and not long-term, passive income.
This article will look at some of the more popular methods of
Real Estate Investing jobs.
One of the biggest challenges to overcome is the fact that,
when discussing the money made through Real Estate
Investing, the numbers of dollars are much more than your
common corporate job, and many people simply are not
ready to handle such discussions.
You see, when you were very young, you were
programmed to think that $X was a large amount and often
this amount was only a few hundred, or perhaps, a few
thousand, dollars.
Yet, when discussing Real estate investing deals, there are
often multiple thousands of dollars at stake.
Most people simply are not used to discussing such
numbers, and wind up not making the money they could.
They simply have not learned the language of Real Estate
Investing.
One of the first lessons I teach my students is how to get
past the fear of discussing hundreds of thousands of dollars
and changing the programming you were given as a child to
form open ideas about money and investing to make even
more money.
One quick step you can do to begin this journey is to look
deep inside yourself and ask yourself how you feel about
money. Can you comfortably discuss figures in the hundreds
of thousands of dollars?
Most people learn quite quickly - with just a little bit of
practice.
With that in mind, it is time to look at these Real Estate
Investing Jobs more closely.
These 'jobs' bring you various levels of income, depending
on your area, so instead of discussing them in dollar values,
we will look at them from a percentage standpoint.
Of course, with these examples, the amount of work, time
and knowledge you put into it will certainly pay off more (or
less);
1. Property Profiling (birddogging) - this popular way to get
started in real estate investing provides a real estate
investing job with a decent income - something along the
lines of what a factory worker would make in the area.
2. Lease Purchase - this powerful tool can be utilized to buy
and sell property with no money out of your pocket (a Real
Estate Investing sandwich), while keeping a nice pocketful
of money for your time (can you tell this is one of my
favorites?) An active person can make about 1.5 - 3 times
more than the Property Profiler, on average.
3. Subject To - with a bit of training, you can make this
method of real estate investing really pay off big. Once you
know how to negotiate these deals, your real estate
investing income will reach that of corporate executives -
with much less of a time requirement.
4. Foreclosures - while highly lucrative and one of the top
income producing methods of real estate investing, the time
and knowledge required to actively pursue such deals is
becoming more difficult all the time.
The payoff to those that can perform these deals is huge -
about 10 times that of the Property Profilers, however,
finding deals is much more difficult due to the number of
people looking for them.
5. Tax Lien certificates - this is a true form of Real Estate
Investing - actually putting your money into something that
produces a return - one of the safest investments around
with returns that beat any other form of passive investing.
If you have money to invest, this is a great area to get into
with 15%+ return with almost no down side.
This is still a real estate investing 'job' as tax lien
certificates are short term, quick turn profit generators, not
sustained over time, plus they take skill and talent to make
the maximum profits.
6. Short Sales - this form of Real Estate Investing is another
job, as your knowledge level and timing are extremely
important. A lot of money can be made with this type of
Real Estate Investing job - as much or more than any other
form - once you know how.
7. Secondary notes/Purchasing Equity positions - a 'higher
level' of real estate investing, where more knowledge is
needed to limit the risk, however, the returns on equity
position purchases can be extremely high - from 6%-10%
for fully passive results and 'sky's the limit' for purchasing
equity positions.
Yes, once you get past the internal false programming - the
LIES you have been taught all your life about money, you
can begin a successful career in Real Estate Investing -
through a variety of Real Estate Investing Jobs and then
onto true, full, watch-your-money-grow Real Estate
Investing.
Steve Majors - The Lazy Investor Profit from Real Estate Investment articles, real estate investing information and news from one of the most creative investors on the planet ~FREE MEMBERSHIP & real estate training course~ [http://TheLazyInvestor.com]
2011年5月20日 星期五
Real Estate Investing LIES Unveiled
Let's get REAL about something - and quelch the LIES you have been told about Real Estate Investing!
What I am going to reveal to you are some basic
truths about Real Estate investing - truths that may
totally affect the Real Estate investments you have
now - and certainly I intend to modify the way you
do Real Estate investing in the future.
Let's get right to it - and into the heart of the real
estate investing issue.
You have been programmed all your life to become
what you are today - from school, friends, relatives
and, yes, your parents.
Recent studies show that you are who you are now,
more from what you learned prior to age 8 than in
anything else you have learned since.
Now, that may surprise you, but it is true that what
you learned at the earliest ages affects the way you
make Real Estate investments today, and the type
of Real Estate investing success you will have going
forward!
Yes, that's a bit shocking.
You see, if you grew up in an environment where
you heard things like
"We can't afford it", "Be sure
you have saved enough and have the cash to buy it"
(i.e., never use credit), or numerous other phrases
that you now hear yourself saying (you know what
I'm talking about - those times you catch yourself
"becoming your parents"), it is because of your
early programming (from 0-8 years) and what you
were told about money, success, and life in general.
That is controlling your current income - and your
success - or lack of it...
The things you were told at that early, most
influential age, are now creeping out and affecting
how successful you are in business, in life and yes,
in your Real Estate investing.
THERE IS GOOD NEWS
The greatest thing about this fact - as horrible as it
seems - is that you can change the 'programming' -
you have the power to do it!
You can reprogram yourself in any way you want -
have anything you want - do anything you want.
All it takes is simply to 'reinstall' the right kind of
thinking.
And, it is easier than you might think!
One of the best ways to do that is to get a CD audio
set from someone you like to listen to - someone
that thinks positively and speaks of the life you want
to live. Many home study courses are available (yes,
including mine) that are designed to inspire and
motivate you, while they teach you the methods and
secrets of real estate investing.
Purchase one - listen to it, over and over - until you
hear yourself speaking that way, too.
You see, we are all simply creatures of habit and
environment - if we allow junk to get into our heads,
all we will ever say is junk coming out.
If all you listen to is the bad stuff in life (like the TV
news, most 'talk radio' shows, those TV 'real life'
shows that end up in fights - you know the ones.,
and even violent movies where the language is
nothing you'd ever expect to hear from your own
lips.), that is exactly what you will wind up sounding
like!
It is true - 'you are what you eat' - and that counts
just as much for what you put in your ears as it does
for what you put in your mouth!
If you spend your time around 'bar people', you'll
speak and act like them. Not that there's anything
wrong with that, as long as you made a conscious
thought that it is what you want, but I think you'd
be much more successful at Real Estate investing if
you were listening to a successful person teaching
you about Real Estate Investing!
Now, let's get right to the point about the various
methods and concepts you have learned about Real
Estate Investing.
You may call yourself a 'real estate investing expert',
but if you have to get up every morning and wonder
where your next check is coming from, you aren't
making real estate investments, you are being
employed in a Real Estate Investing JOB!
Yes, that's a hard-hitting statement.
You see, I want you to 'get real' with yourself and
simply admit it - Real Estate investing is when you
put money into a Real Estate investment and then
get some money out - 'real estate investing'
defined.
Yet, it seems that most people I meet want to
attend my real estate training or purchase my real
estate courses that have to do with 'No Money
Down' (NMD) real estate investing.
Now, that kind of talk just proves the point - you can
reprogram yourself to speak a different language -
even if it doesn't make sense!
A bunch of 'gurus' have told you over and over again
that 'No Money Down' is real estate investing - even
though you learned at an early age that 'invest'
means to put money into something and get money
out (see http://dictionary.reference.com/search?q=invest for other definitions - none of them say 'No
Money Down'...)
Now, it's not that 'NMD Real Estate investing' is all
bad - heck, my students and I make several
thousand dollars from these types of 'Real Estate
investing' transactions every year, too.
Just don't lie to yourself and say they are 'real
estate investments', we know very clearly that these
are simply 'earned income' from one portion of your
real estate investing business - the real estate 'job'
portion - earned while in transition from your
'corporate job' to your 'real estate investing job' and
on the road to true Real Estate Investing.
In other real estate investing articles, I cover some
of the methods and techniques you, too, can explore
while moving from your 'corporate job' to your 'real
estate investing job' and you'll learn some insider
secrets for taking that leap quickly.
Steve Majors - The Lazy Investor Profit from Real Estate Investment articles, real estate investing information and news from one of the most creative investors on the planet ~FREE MEMBERSHIP & real estate training course~ [http://SteveMajors.com]
Real Estate Investing Financing Truths - Part 2
No Money Down and other 'Creative' Real Estate
Investment Methods
For many years, investors have seen the traditional
real estate investment methods described in Part 1
of this article as a lot less than desirable!
They began looking at the prices of houses and
finding methods of bringing the price more in line
with making more money in a faster way.
These savvy investors developed ways to get loans
on properties that allowed them to pull money out
whenever they buy a real estate investment (cash
back at closing) and lower their payments to build up
their cash flow ('creative' investing).
They even developed methods of determining a
Sellers motivation for selling - and bought the
property at a discount price.
These creative investors also saw that some Sellers
were not able (for whatever reason) to sell the
property at a discount price, however, they still
needed to get rid of the property, as they didnt
know how to manage it as a landlord, or make
money from it - not that it couldnt be done, they
simply lacked the knowledge of how to do it.
The Seller just never learned how to profit from a
real estate investment.
These investors understood how to make money
from such properties, and did.
They bought the property on discount terms, and
made money from the spread by selling it at retail
price and/or terms (certainly one of my favorite
methods of real estate investing).
Buy Every Real Estate Investment via Discount Price
or Discount Terms.
Several years ago (actually, it really took off in the
1980s), Real Estate Investment Experts began
seeing the potential for making money in bringing
this treasured knowledge to the public in the form of
home-study courses, seminars and Boot Camps.
They found that it wouldn't create competition for
themselves, as many people, even though they
purchase real estate courses and attend seminars
and Boot Camps, will not actually take the
information and utilize it to make the hundreds and
even thousands of dollars possible for anyone
serious about Real Estate Investing.
These Real Estate Investment Experts (being
dubbed 'guru') found that this side of the business
was lucrative often making more income from
teaching about real estate investing than the actual
real estate investments themselves.
It is important to understand that these real estate
investment gurus learned early that they can only
teach others what to do, not be responsible for the
other persons success.
Providing the information to those that choose not
to use it is very similar to the old adage "You can
lead a horse to water, but you cant make it drink".
Yes, these real estate investment gurus got wealthy
from selling this information, but their theories,
principles and techniques taught thousands of
others (those that take action on what they learn)
how to realize their dreams utilizing their tried and
true methods of real estate investing.
From home-study courses and seminars, to boot
camps and one-on-one training, these methods
have been proven to be not only interesting to
millions of people, but capable of bringing massive
wealth to those that take action on what is taught -
those that go on and actually make real estate
investments themselves.
Knowledge changes things...
This knowledge of no money down real estate
investing techniques being known by thousands of
Sellers has made changes in the industry.
By bringing the Seller into the knowledgeable realm
of Real Estate investing, Sellers now know many of
the methods that the gurus teach.
This is both a blessing and a curse.
To the talented investor, these knowledgeable
people are more likely to work to create a WIN-WIN
situation.
Investors that avoid the tricks and stick to the basic
real estate investment techniques and terms that
have been proven to work over and over again,
have proven these powerful real estate investment
strategies work even with these informed Sellers.
Oh, yes, many of these real estate investment
techniques work today, as they have for many
years. So much so that it is almost possible to say
they have become principles; things that work, over
and over, the same way no matter what happens -
like gravity.
However, sadly, they are not really principles, as
several of the real estate investment methods and
techniques that worked in the 1980s and even
through the 1990s are today not as powerful, nor do
they work as often as they did before (although
some 'gurus' are still teaching the same methods -
even after 20 years...).
Some of this decline is due to a more educated
society (due to the flood of real estate investment
information available via books, tapes, home-study
courses and the Internet), while some of it is due to
simple changes in policies and laws.
It seems like a wave started late in 2003, the FHA
announced that flips (transactions where investors
buy houses cheaply and sell them at or near market
rates) are "illegal". (Note that illegal in this context is
not a legal term, but one that has been adopted
from "you are not allowed to do that and do
business with us".)
The FHAs announcement started a wave of concern
(if not panic) throughout the Real Estate investing
community.
Title and Mortgage companies began to tighten up
their reigns. Many of these companies, in lieu of
direct information, began simply not completing any
transactions that did not follow the traditional real
estate investment system. This made it hard for
investors to complete transactions that involved
simple buy-then-resell agreements (as they are not
really real estate investments, but a rather nice way
to make some fast CA$H!).
In rapid appreciation areas (California and Nevada,
for example), the ability to flip a property all but
stopped (became 'illegal'). All the 'traditional'
creative real estate investing methods were virtually
put on hold.
Ingenuity to the rescue, other methods of real
estate investing always seem to pop up. After all,
"Necessity is the Mother of Invention", and "Where
there is a Will, there is a Way" are absolute
principles.
Investors have to make a way to get things done - a
way to keep their real estate investments profitable,
and even more creative real estate investing
methods were developed - to keep real estate
investors, and the love of real estate investment,
alive forever.
Steve Majors - The Lazy Investor Profit from Real Estate Investment articles, real estate investing information and news from one of the most creative investors on the planet ~FREE MEMBERSHIP & real estate training course~ [http://SteveMajors.com]
2011年5月19日 星期四
Florida Investment Real Estate and What Are Considerations Before Buying
Investment Real Estate, First Things First
Considering investing in property? What are some pertinent things to consider before taking this leap? Of all the investment possibilities, investment in land generally produces the most positive results. It is vital, however, to carefully investigate the pros and cons, benefits and deficits of real estate investment. Most people look at investment real estate as risky and feel woefully inadequate to tackle this form of investing. They feel lost, not knowing where to even begin!
A multitude of information is available and knowing how to search can seem daunting. A web site search will produce boatloads of information, some valuable and some not. Some key words to search are real estate investment, investment property, and investing in real estate. This will begin the process for you. Not all available information is worth your time, however. Beware when the site promises high return for little down. Also beware of sites whose main goal is to solicit your money. Web searching is one form of research. Another is talking to a reputable real estate broker or real estate lawyer. One of the best sources of information is a friend you trust who has done real estate investing. A trustworthy friend who started as a novice and progressed to real investing is probably your best source of reliable information. Their voice of experience rings the loudest since they are a layman like you who had to discover for themselves each step of the way how to make successful investments.
Investment Real Estate, Rental Units
Let's look at some sound reasons for investing in real estate. Real estate generally appreciates at a greater rate than the rate of inflation and offers great tax benefits. Selecting real estate in a desirable location will prove to be profitable especially in burgeoning areas, usually in suburbs which are a reasonable commute to city jobs. Of course the old adage, location, location, location is a very pertinent piece of advice to take to heart. Think of the most expensive housing markets today. If you have lived in an expensive housing market, or have visited there, you will notice that along with exquisite homes offered for sale at exorbitant rates, small, older homes you would never consider buying in another market are being offered for huge dollars. Why? Location, of course. When a housing area becomes desirable, even those small dumpy homes will sell for a considerable amount of money. Let's stop for a moment and look at the advantages of investing in rental units as opposed to purchasing property for resale. One of the largest factors to consider in purchasing property for resale is finding properties that will resell at a higher rate than purchase, of course. Finding these properties is not as easy today as it may have been in the past. It used to be that fixer-uppers and foreclosures were avoided by homeowners and investors alike. Not so today, those same homes are being feverishly snatched up in the current booming housing markets.
Florida Investment Real Estate - Why Florida Is a Good Choice
Finding homes to purchase and turn over quickly for cash is becoming more and more difficult, leading many to consider purchasing property for the purpose of renting. What are some advantages to renting and what locations would be most desirable for purchase with a rental goal in mind? Owning rental property provides some unique advantages. If you have the time as well as the finances to invest, rental property could end up paying for itself in the long term. In order for this to be true, the most important thing to search for is property in a great location for renters. You don't want to be searching for renters for months on end while you are being drained of capital. Those mortgage payments never stop, even when the list of renters has been exhausted. Buying rental investment property in a college town is a good bet for the possibility of continual renters and also buying in transient areas and tourist areas. Of all the above, tourist areas tend to be your surest source of consistent renters. Numerous high density tourist areas exist across the nation, but one of your best bets for purchase and consistent renters would be a sun-drenched spot with a year-round temperate climate. California and Texas would fit the bill, but as we all know, the most desirable locations in California may be out of reach due to the high cost. Texas may be considered a good choice, but only one state ranks as the premier tourist destination in the world and that would be Florida, the sunshine state.
Florida Investment Real Estate - The Orlando Area
With Florida's burgeoning population, Florida investment real estate is a great option. Florida ranks 4th in population behind California, Texas and New York. Florida has one of the fastest rates of growth in the nation, making Florida investment real estate a very attractive option for investors. In the 1990's, Florida grew by 23.5 percent with five counties increasing by more than 60 percent. Projected state growth would bring the population to over 19 million by 2010. An increasingly higher population obviously increases the need for housing. The increasing resident population being a great reason to pursue Florida investment real estate; let's not neglect another face of increasing housing need. Florida has a tourism rate of almost 77 million visitors in 2004, making it the top travel destination in the world and producing $57 billion of income. Tourists flock to all parts of Florida, the beaches being one of the most attractive destinations. However, Orlando pulls in the most visitors, with 2.6 million international travelers, not including the steady stream of domestic tourists. This alone would offer sufficient reason to purchase rental property. But considering that the grand total of tourists visiting Orlando in 2004 was 48 million people, what great housing investment potential for investors! The biggest drawing card in the Orlando area is, of course, Walt Disney World. The area surrounding Disney has a hotel rate occupancy of about 80 percent. It's obvious why the Orlando area is considered one of the most desirable tourist destinations in the world.
Florida Investment Real Estate - What are Reasons Tourists Come to the Orlando Area
Owning Florida investment real estate will give vacationers who visit the Orlando area a place to stay while you collect the rent. Theme park attractions are one of the biggest reasons Orlando has become a #1 tourist destination. The three most popular are Disney, which includes Disney World, Epcot, Animal Kingdom and MGM Studios, Sea World and Universal. Each attraction holds an appeal for people of all ages with families and singles alike enjoying each. Kissimmee is the town closest to Disney where families especially enjoy a few of the more laid back sights including Green Meadows Farm. Green Meadows is in an idyllic country setting with tours of the farm and more than 300 farm animals to touch and see. Also in the Kissimmee area is Horse World Riding Stables. The 750 acres of open pasture beckons horse lovers to enjoy a ride beneath the open sky. The Orlando Science Center beckons science buffs both young and old. Learning happens as a by-product here through the realistic, interactive and just plain fun exhibits. Fabulous night life is to be found both in Kissimmee which boasts two very popular dinner attractions, Medieval Times and Arabian Nights. Both serve delectable large portions of food with fabulous jousting and medieval type entertainment. For the shopper, Shopping and dining abound in the Orlando area also as do all sorts of natural environmental experiences.
Real Estate Investment in Florida - Bimini Bay Resort Florida
A well-kept secret but one located just 5 miles from Disney, in the center of Florida is Davenport, a treasure of a town close to the major attractions, yet a world away. On 80 acres of land in the Davenport area, you will find Bimini Bay Resort, Florida. A grand investment opportunity awaits you at Bimini Bay Resort, Florida where the investor participates in property appreciation but is not affected by negative cash flow during the off season. At Bimini Bay Resort, Florida you will find a planned community of luxurious town homes, offering 3 bedroom two baths that are fully furnished and equipped. Bimini Bay Resort, Florida is unique in that the investor can stay in the purchased unit while on vacation for a minimum fee while renting the unit the rest of the year. Management staff at Bimini Bay Resort finds the renters while you enjoy a guaranteed rental income each month. Planned amenities at Bimini Bay Resort include two major restaurants, a grocery, deli and food court and a sports bar restaurant. Bimini Bay Resort will also include a spa and exercise facility. A large business conference center and twin theaters are also planned at Bimini Bay Resort. Peace of mind will be yours at Bimini Bay Resort with its gated access with security cards. A fantastic real estate investment in Florida at Bimini Bay Resort awaits the investor who desires a consistent income without the headaches of day-to-day management. Bimini Bay Resort is worth investigating.
Our Featured Orlando Properties: You have an opportunity to join one of the fastest growing trends in the United States and the world. Orlando is one of the most explosive markets in the country and the Disney resort area has an average hotel occupancy of around 80%. Orlando is known as the vacation capital of the world and the top rated short term rental market, one that shows tremendous potential for real investors.
Tourism - with 76.8 million visitors in 2004 (a record number), Florida is the top travel destination in the world. The tourism industry has an economic impact of $57 billion on Florida's economy. Click here for additional tourism facts and statistics.
City Population Rank (2000):
(Rounded to the Nearest Thousand)
1. Jacksonville - 736,000
2. Miami - 362,000
3. Tampa - 303,000
4. St. Petersburg - 248,000
5. Hialeah - 226,000
6. Orlando - 186,000
7. Ft. Lauderdale - 152,000
8. Tallahassee - 151,000
9. Hollywood - 139,000
10. Pembroke Pines - 137,000
11. Coral Springs - 118,000
12. Clearwater - 109,000
13. Cape Coral - 102,000
14. Gainesville - 95,000
15. Port St. Lucie - 89,000
16. Miami Beach - 88,000
17. Sunrise - 86,000
18. Plantation - 83,000
19. West Palm Beach - 82,000
20. Palm Bay - 79,000
21. Lakeland - 78,000
22. Pompano Beach - 78,000
23. Davie - 76,000
24. Boca Raton - 75,000
25. Miramar - 73,000
Most Populous Metro Areas (2000):
(Rounded to the Nearest Thousand)
1. Tampa/St. Petersburg/Clearwater - 2,396,000
2. Miami - 2,253,000
3. Orlando - 1,645,000
4. Ft. Lauderdale - 1,623,000
5. Jacksonville - 1,100,000
6. West Palm Beach/Boca Raton - 1,131,000
7. Sarasota/Bradenton - 590,000
8. Daytona Beach - 493,000
9. Lakeland/Winter Haven - 484,000
10. Melbourne/Titusville/Palm Bay - 476,000
11. Fort Myers/Cape Coral - 441,000
12. Pensacola - 412,000
13. Fort Pierce/Port St. Lucie - 319,000
14. Tallahassee - 285,000
15. Ocala - 259,000
16. Naples - 251,000
17. Gainesville - 218,000
18. Fort Walton Beach - 170,000
19. Panama City - 148,000
Home to 11 of the country's 100 fastest-growing counties, a Florida investment property has high potential as a profit-maker, unlike most other areas. Port St. Lucie, Miramar and Cape Coral are the fastest growing cities in Florida. It's unlikely you will make a mistake investing in Florida real estate considering the vast number of tourists and new residents flocking to the land of sun and surf. The most difficult decision to make will be which location in Florida to purchase. Good investments abound in each area of the state, from Miami in the south to Clearwater on the gulf coast, going east to Daytona Beach and north to the panhandle. Selecting a location depends on your goals for purchasing Florida investment property. Carefully consider what you intend to do with your Florida investment property. Will your purchase be used mainly as a rental property for vacationers? Do you intend to have access to the property during certain seasons? Or is your goal rental of the property to local tenants? Some of these questions will help you in narrowing down your search. Once you have determined whether your Florida investment property will be used primarily for vacationers or for local renters, and whether you intend on using it as a vacation resort yourself, it is easier to choose the location.
"Each year is better than the previous one," said Abe Pizam, dean of the University of Central Florida's hospitality management college. "But it's not yet where it should be, or where it was."
Pizam said that, while a weak dollar has helped renew interest in Orlando among some foreign visitors, many are continuing to stay away because of heightened security measures in the United States and the hassles that accompany them, as well as increased opposition to the war in Iraq.
"It's a miracle that, despite that, we have improved our visitor counts," Pizam said. "We cannot deny there is still animosity toward the United States in many parts of the world."
Struggling economies in South America also put the brakes on many potential tourists' travel plans in what historically has been a strong market for Orlando.
According to the bureau's figures, the number of South American visitors have dropped substantially in recent years, from 659,000 in 2000 to fewer than 300,000 last year.
Other signs point to a recent upswing in international traffic, however. Orlando International Airport officials said in June that the airport recorded a 20 percent increase in international passengers compared with the same month last year.
On International Drive, a tourism corridor that benefits heavily from overseas travelers, merchants are noticing the difference.
"It's maybe picked up," said Zach Marino, manager of Texas de Brazil restaurant on International Drive. "In this area it's hard to tell because this is the spot to be. We have a strong international clientele."
Asian visitors increased by nearly 40,000 in 2004, and about 100,000 more Canadians traveled to Orlando last year than in 2003.
The visitors bureau noted that it has stepped up its national and international marketing of Orlando, having pulled back on such advertisements after 9-11.
"Our plan is more back-to-normal in terms of marketing thrust," Peeper said.
New York remained the No. 1 source of domestic out-of-state vacationers to Orlando last year. The Tampa Bay area held on as the top source of in-state visitors.
Experts are predicting that 2005 will exceed last year in terms of both international and domestic visitors.
Earlier this month, Walt Disney World reported percentage growth in the low double digits among international tourists, while the number of domestic customers remained relatively flat during one of the rainiest Junes on record.
"If everything stays stable, we should come out on the international side real well" in 2005, Peeper said.
Sharona Murvin
Florida Investment Real Estate Expert
http://www.biminibayresortinvestment.com
2011年5月18日 星期三
6 REASONS for Investing in Florida Real Estate Investment Property NOW
I invite you to take the next few minutes to learn the truth about the real estate market, how it compares to other methods of building assets and why it is such a lucrative form of investing. Many potential investors will say, 'I need to get into the Florida Investment Property market', especially taking into account current stock market fluctuations and the HOT market for investment properties, but simply don't know the facts about Orlando property investing and how to use sale and leaseback method of property management.
When is the last time your financial advisor or stockbroker tried to convince you that moving a portion of your assets into the Florida Investment Property market might be a good idea? Never Right? The 'why' is simple. They don't earn commissions when you buy Florida Investment Property. It is also likely that you have probably never had an 'apples to apples' comparison of stocks versus Florida Investment Property quite like the one you will see here.
Reason 1:
Leverage: Banks will not typically loan money to buy stocks. Banks will however, compete fiercely to loan money to buy Florida Investment Property. Your first question should be, 'why is that'? It has to do with risk management, which we will discuss later. The fact that banks want to loan you money to buy Florida Investment Property creates a situation which we will call LEVERAGE.
Let's assume that you have $10,000 to put into some type of investment. If you choose to buy $10,000 worth of stocks, you will own exactly $10,000 worth of stocks. Pretty straight-forward. However, suppose you choose to invest that $10,000 into Florida Investment Property using a 90% mortgage (which in many cases can go up to 95-100% mortgages in today's market), you will own $100,000 worth of Florida Investment Property. If both of your investments were to appreciate by 10%, your actual gain with your stocks would be $1000 where your actual gain with Florida Investment Property would be $10,000. That equates to an actual 10% return on investment vs. a 100% return on investment. That's what we call leverage.
Leverage: Florida Real Estate vs. Stocks
The traditional argument against Florida Investment Property Investing (mainly from Stock Brokers) has always been 'I can get an average of 10% from stocks with little effort so why would I invest in Orlando Investment Property that only appreciates 6-7% per year'? This point-of-view is not taking leverage into account.
If you take the above statement to be true and compare the REAL numbers, the stock investment gained 10% of the initial $10,000 value (or $1000) and the Orlando Investment Property investment gained 6% of the initial $100,000 value (or $6000). That is still an actual return of 10% versus 60%. It is not hard to see which investment provides a greater immediate return on investment. Additionally. these numbers do not take into account any income from your property during the course of the year, or the substantial tax advantages to owning property, which we will discuss later.
Reason 2:
Value: As we mentioned previously, if you invest $10,000 into purchasing stocks, you own $10,000 worth of stocks (a fairly obvious point). If you invest $10,000 into purchasing Orlando Investment Property using the leverage of a 90% mortgage, you own $100,000 worth of Orlando Investment Property right? Well, only if you paid retail for your property. Any savvy investor will tell you that there are excellent deals to be had in Orlando Investment Property, you just have to find them.
What if you purchased a $100,000 property that happened to be worth $110,000 the day you bought it? Does it happen? The answer is yes, all the time. If you have your eyes open and are willing to 'go through the numbers' to find good deals, they are all around you. You may be asking yourself, why would anybody sell a $110,000 property for $100,000?
Value: Making money when you buy.
The reasons are endless as to why a quick sale is desired, but just to name a few: job relocation, divorce, an estate is being settled or maybe a current appraisal on the property simply wasn't done prior to selling. By 'finding this deal' you have accomplished two things.
You have added $10,000 to your asset column in the form of equity.
You have created additional LEVERAGE for yourself as the value of your property increases (a 6-10% gain on $110,000 is better than a 6-10% gain on $100,000!) Remember, you make money in Orlando Investment Property when you buy, not when you sell.
Reason 3:
Control: Let's take our assumption one step further. When you buy your $10,000 worth of stocks, what can you do to increase its value? If we follow the previous assumption, you have invested $10,000 using a 90% mortgage to purchase a $100,000 property that has an actual value of $110,000 because you 'found a good deal'. So what can you do to further increase the value of your new $110,000 property?
It is amazing what a cleanup, a little landscaping and a paint job can do to increase the value of a property. Only a few hundred dollars well spent can result in huge value gains in Orlando Investment Property. Your $110,000 property with a little effort could easily be worth $115,000, $120,000 or more virtually overnight! Do you have to do any of this work yourself? Absolutely not! If you like to do that sort of thing then have at it, but if not, simply hire it done and accept a little lower net gain.
Reason 4:
Superior Tax Position: The tax code in the United States is geared to reward Investors who make housing and other property available to the population. When you invest in stocks, you are taxed at some of the highest rates in the tax code. When you invest in Orlando Investment Property, you put yourself in one of the best tax positions in the business world. Remember the wealthy that hold substantial portions of their assets in Orlando Investment Property? Tax advantages are one of the main reasons this is true.
Continuing with the above example, let's say that you have completed your 'deal' with the $10,000 invested with a 90% mortgage to purchase the $100,000 property that appraised for $110,000 (because you 'found a good deal'), which you improved to say, $115,000 by spending another $1000 on cleanup etc. Assume that one year passes and the Orlando Investment Property market grew by 6%, your property would now be worth $122,000. So far, so good right? If you are like most people, you may want to spend some of your hard earned money.
Let's do the numbers. You have a mortgage at current rates that started at $90,000 and after a year worth of payments (the majority of which are tax deductible) you still owe approximately $89,000. However, your property is now worth approximately $122,000. If you were to refinance at 90% once again, you would take out a new mortgage of approximately $110,000. This will leave you with approximately $21,000 in cash in your pocket. Now, the BIG question; do you have to pay tax on that money? Absolutely Not! You have not sold the property or realized a 'capital gain'. You have simply borrowed money from yourself. You are able to do what you wish with that money, free from any tax whatsoever. Obviously, a good strategy might be to purchase two more properties just like your first deal!
Also, we have not taken into account the fact that ALL of your interest payments on this property are tax deductible. In addition, you are also able to depreciate the property itself and all of its contents for additional tax advantages if you choose to do so.
Let's be fair and compare the Orlando Investment Property tax position with the stock scenario. Assume that the $10,000 initial stock investment grew by 10% in the first year, creating a gain of $1000 and you wish to access it. If you draw it out, you will pay from 20-28% (or higher) in capital gains tax in order to have access to this money. This reduces your net gain to $800 (actual 8%) or less, depending on your tax situation. Compare that to Orlando Investment Property and you are beginning to get the picture.
Reason 5:
Limit Your Exposure To Risk
Risk Management: Do you remember at the top when we said that banks would compete fiercely to loan you money on Orlando Investment Property? The answer to the 'why' is very simple. Low Risk. Banks incur little if any risk when loaning money on Orlando Investment Property due to the steady, solid growth rate of the property market, as well as the fact that if you default on your payments they will simply sell the property to somebody else. This is in direct contrast to the volatile stock market, which can vary daily with sharp increases and decreases in value. Furthermore, banks realize that a property isn't going anywhere, whereas many investors know all too well about .com and other types of companies that were there yesterday and gone today.
This is all not to say that Orlando Investment Property markets don't go down from time to time, however the dips are much less dramatic than that which can take place in the stock market, proven out by the banks' willingness to loan money on property.
Reason 6:
Protecting your peace of mind.
Finally, Now that we understand the value of leverage and risk management we realize that a 6% Orlando Investment Property gain 'beats the pants off' a 10% stock gain in actual return on investment by a wide margin (approximately 50%, not taking into account several factors that can increase this number such as tax advantages, income on property etc.) Owning good, solid Orlando Investment Property allows you to sleep at night, or go on an extended vacation without worrying about your asset column. This is directly opposed to holding a substantial percentage of your assets in stocks.
Lisa Carson
http://www.biminibayresortinvestment.com
lcarson@biminibayresortinvestment.com
European Stocks Advance as Real Estate, Mining Companies Rally
May 18 (Bloomberg) -- European stocks climbed, snapping the longest losing streak in two months, as Land Securities Group Plc led gains in property companies and basic-resource producers rallied with commodities.
Land Securities surged the most in almost two years after the U.K.’s largest real-estate investment trust reported earnings that topped estimates. Antofagasta Plc climbed as copper jumped the most in two months in London. Ageas led declining shares as benchmark gauges in the euro region’s peripheral countries fell.The Stoxx Europe 600 Index rose 0.3 percent to 278.17 at the 4:30 p.m. close in London. The measure, which fell for the previous four days, is still down 4.5 percent from this year’s high on Feb. 17 as a selloff in commodities and concern the debt crisis will derail the economic recovery overshadowed company profits and government stimulus measures.“Equities will continue to grind higher, but there will be pockets of volatility with geopolitical news flow,” said Kevin Lilley, a London-based fund manager who helps oversee about $2 billion at Royal London Asset Management. “Companies have got strong balance sheets and policy stimulus will only get removed when it’s clear that there is sufficient growth.”National benchmark indexes gained in 12 of the 18 western European markets today. The U.K.’s FTSE 100 rallied 1.1 percent and Germany’s DAX advanced 0.7 percent. Portugal’s PSI-20 fell 0.4 percent and Greece’s ASE dropped 1.4 percent as Alpha Bank SA slid 3.6 percent to 3.52 euros.Greek DebtEuropean Central Bank officials today ruled out a Greek debt restructuring, clashing with political leaders over a solution to the sovereign financial crisis. Ministers earlier in the week floated the idea of extending Greece’s debt-repayment schedule as it struggles to meet the terms of its 110 billion- euro ($156 billion) bailout.Bank of England policy makers voted 6-3 to keep interest rates on hold this month as the majority warned that tightening policy now could damp consumer spending and harm the recovery. The U.S. Federal Reserve was due to release minutes from last month’s policy meeting after the close of European trading.Fed Bank of St. Louis President James Bullard said in a Bloomberg Television interview that the central bank is in a “fairly good position” to pause in its stimulus and that “it is reasonable” to expect policy tightening by the end of 2011.Land Securities SoarsLand Securities surged 6.4 percent to 795.5 pence, its biggest gain since August 2009, after reporting a 14 percent increase in annual net income to 1.24 billion pounds ($2 billion) as the value of its properties increased. That beat analysts’ projected profit of about 979 million pounds, according to a Bloomberg survey.British Land Co., the U.K.’s second-biggest REIT, advanced 4.6 percent to 604.5 pence and Hammerson Plc, the third-largest, rallied 3.2 percent to 479.2 pence. A gauge of real-estate companies in the Stoxx 600 had the biggest gain in two months.Antofagasta, the copper producer controlled by Chile’s Luksic family, rose 2.9 percent to 1,208 pence as base metals advanced on the London Metal Exchange. Copper had the biggest increase since March 17.Kazakhmys, Kazakhstan’s biggest copper company, gained 3.2 percent to 1,256 pence and Vedanta Resources Plc increased 1.8 percent to 2,135 pence.Eurasian Natural Resources Corp. rallied 4.3 percent to 841 pence after Citigroup Inc. upgraded the producer of metals in Kazakhstan to “buy” from “hold.”Yara, SGLYara International ASA rose 2 percent to 305.4 kroner after the price of corn rose for a fifth day in Chicago, the longest winning streak since December. The world’s biggest publicly traded nitrogen-fertilizer maker also announced new season nitrate prices in Europe.SGL Carbon SE jumped 6 percent to 35.77 euros after the company’s biggest shareholder, Susanne Klatten, increased her voting rights in the world’s biggest maker of carbon and graphite products to 26.98 percent last week. The German billionaire is the owner of investment company Skion GmBH.Ageas dropped 3.6 percent to 1.95 euros after the majority owner of Belgium’s biggest life insurer said rising bond yields depleted the value of the cushion available to absorb losses in its insurance business. The market value of government and corporate bonds held by Ageas subsidiaries fell about 1.2 billion euros in the quarter, reducing shareholders’ equity by 0.7 percent.Storebrand ASA, Norway’s largest publicly traded insurer, lost 2.8 percent to 49.42 kroner.--Editors: Andrew Rummer, Will Hadfield
To contact the reporter on this story: Sarah Jones in London at sjones35@bloomberg.net
To contact the editor responsible for this story: Andrew Rummer at arummer@bloomberg.net