Monday, December 10, 2012

No money down apartment buildings.

A lot of new investors have tried to first invest in other types of commercial properties such as office buildings or shopping centers; only to realize that the transition is just too drastic and it ends up costing them the property, all their money leaving them deep in debt, destroying their credit and it takes years for them to recover.

Apartment buildings are tremendously easier to purchase, maintain & put on auto-pilot simply because most of us already understand how to rent an apartment and tenants are almost always readily available.

The buying process for other commercial properties (like shopping centers or office buildings) is not much different however the financing is much more difficult to obtain and leasing usually requires a team of very experienced individuals to negotiate contracts with business tenants.

If you're a new investor with little or no cash to invest, you MUST first start out with apartment buildings. Once you own at least 2 properties with at least 50 units in each property (which should be more then enough to pay you over ,000 a month in net passive income cash flow) you can then branch out to other areas of commercial real estate.

After you own a few apartment buildings and have those properties generating you enough monthly cash flow; THEN you can absorb any vacancies that might come from not being able to rent out space in your office building, warehouse or shopping center.

Apartments are where just about all successful commercial real estate investors started out, so why try and fight the odds. Apartments are the fastest, easiest and safest way to create monthly income and massive profits.

While it is technically possible to have your first deal be a warehouse, shopping center or office building... the statistics show that it almost never happens.

Most investors who first try to jump to other commercial properties before they own a couple of apartment buildings, inevitably fail and quit this business never to return...

That's why I teach boot camps training seminars on how to buy apartment buildings with no money at all and create a steady stream of monthly Passive Income each and every month for the Rest of your Life!

Sunday, December 9, 2012

Where To Buy Used Japan Cars

Buying used Japan cars are proven to be profitable. That is the reason why used Japan cars are sold like hot cakes even in this slowed down economic conditions. As importing used Japan cars directly from Japan includes no import tax, it will be the best option to own a dream car today. Though Japan cars could be imported from various sources like used car auctions, direct used Japan car exporters and online used car traders; not all the sources are the best for all kinds of buyers. You should choose where to buy used Japan cars based on some key factors. Just keep reading on the article to know what the best source is for you to buy used Japan cars.

Auto Auctions for savvy buyers

If you have great knowledge about the Japanese auto industry, the Japanese auto auctions are the best places to look for. You should also have very good bargaining skills to make great profits out of used Japan car purchase through the auto auctions. If you are a rookie in the field of buying used cars from action spots you should better seek the assistance of some Japanese car exporter. Moreover, you should be well aware of the places in Japan so that you can spot the Japanese auto auctions sites with ease. If you are capable of judging the cars condition and fix the right price for the used Japan car, then the Japanese auto auctions are made for you.

Direct Import through Used Japan car exporters

Second option is to plan a trip to Japan and find the best Japanese used car exporters. Used car exporters will be available in all the nooks and crannies of Japan. Hence finding a car exporter in Japan is no big deal at all. Though there are lots of used Japan car exporters, finding the best genuine exporters will be tiresome. You will have to roam all around the city and enquire many people before you could spot a genuine used car exporter. Once you find the best used car exporter you can ship it to your home country with ease. Not considering the time spent in finding the genuine used car exporter, this is another great option to import cars from Japan.

Importing used cars online

With anything and everything available in the Internet, Japanese used cars are no exemption. Compared to the other sources, the risks associated with buying used cars online is limited. Though there are lots of scams, finding the genuine used Japan car supplier online is not a big deal. You can also opt for the renowned online used Japan car exporters like The main advantage o importing used Japan cars online is that you can just relax in your home while the used Japan car gets delivered to your home. The used Japan car could be selected and purchased with just a few mouse clicks.

Considering all the pros and cons of the sources to buy used Japan cars, the online method has proven to be more profitable and safe.

Monday, December 3, 2012

Ownership Helps Home Loan Approval!

Those who are homeowners have special benefits when applying for a home loan. Lenders tend to like homeowners as clients since they believe them to be low risk borrowers that have other assets from which they can recover their money in case problems arise and they have to resort to legal actions.

Since home loans are secured the requirements for approval are less strict in terms of credit. If the applicant is already a homeowner, the lender knows that he has been able to save enough money to purchase a property, or maintain it if he inherited or pay mortgage monthly payments if he financed the purchase.

What Ownership Implies

Ownership implies that you are a low risk for lenders when it comes to loan approval. It means that you probably have been able to meet mortgage monthly payments before and that you have committed to maintaining a property throughout the years. Homeownership tells the lender that you have a sense of responsibility and that he can trust that you'll honor your obligations.

Summing up, homeownership implies for the lender that chances are that you will repay the loan on time and that there are less possibilities that you will default on the loan. And moreover, if for some reason the property value doesn't cover the whole amount of money owed, there are other assets from which the lender can recover his money.

Secured Loan's Requirements

Secured loans have less requirements because the loan is protected by the collateral and the lender can take legal action of repossession against the owner of the property to recover the amount owed by the borrower. The main consequence of this loan characteristic is that credit score and credit history are not such a deal when it comes to secure loan approval.

The main requirement for loan approval when referring to secured loans is the income of the loan applicant. Being able to afford the monthly payments is not good enough. Moreover, the loan installments cannot be higher than 40% of your income because the lender wants to make sure that the applicant won't sacrifice expenses in order to repay the loan because the loan installments are an additional expense that could be cut if the proper situation rises.

Multiple Collateral

Home owners can guarantee approval and greatly reduce the risk involved in a home loan transaction by offering another property as collateral too. Two assets guaranteeing a loan significantly lowers the risk involved for the lender and gives the applicant an opportunity to get a lower interest rate for the same amount of money.

Being able to offer two or more properties as collateral shows the lender your cooperation towards making things easier for him and will probably get you better terms on your home loans. These are the main reasons why it is said that homeownership has plenty of benefits for those who apply for a home loan. And even for those who are just planning to buy a second home or an apartment but don't want to use their other properties as collateral.

Wednesday, November 28, 2012

Benefits of Business Cash Advance from Rapid Capital Funding

Whether it is a small or medium sized business, excess funds are always required for maintaining its operation. Now you can get this excess cash supply through business cash advance from Rapid Capital Funding. The cash is not only easily accessible but also uncomplicated. This cash advance requires fewer documents and takes shorter time for approval.

What is Business Cash Advance?

Business cash advance from this alternative funding institution gives small business owners an unsecured cash advance up to 0000 within 7 days. These alternative financing solutions, unlike traditional business loans, has a direct link to your transactions as it is solely based on future credit card sales. As a repayment norm, this cash advance purchases only a small proportion of your upcoming credit card sales. Unlike traditional small business loans, this cash advance is much faster and is effortlessly achievable

How Is Cash Advance Responsible For Your Business Growth?

Business cash advance does not ask you for a security collateral or personal guarantee which is a relief for small time business owners. Apart from that, the small business owner does not need to have excellent monetary back up or an extended business history. You are assigned for it without bearing any additional cost like closing fees, hidden charges or startup cost. This cash advance program causes less botheration to you in terms of paperwork.

Take a quick look at the benefits of the cash advance:

Requires no security collateral
Approval is quite quick
You require no personal guarantee
You have flexible payment schedule
You receive your funds within 7 days
Approval rate close is to 95%
No Applications required

Transactions Should Roll Through Credit Cards for Cash Advance

If you are applying for a cash advance program then your monthly transactions should roll in through either debit or credit cards. At the same time the transactions should be a minimum of 00 per month.

Make A Single Page Application for Cash Advance

As this cash advance program is based on future credit card sales so you need to make a single page application comprising of 3 months bank statement and 4 months credit card processing statement.

Basic Requirements of Business Cash Advance Eligibility

The first and foremost thing that you need to do for this merchant cash advance program is make a registration with the United States. In addition to that, your business transactions should be a minimum of 00 through credit or debit card. Lastly, the small business owners should also be current with their lease.

Use Cash Advance for Your Own Business Needs

The alternative funds that you receive can be used for any business purpose like renovation, business expansion, inventory stock building and for that you do not need to give an explanation mentioning the specific use or purpose.

Enjoy a Flexible Pay Back Norm

With business cash advance you don't have the added tension of paying a fixed monthly sum. This cash advance program is directly linked with your business and so you have the liberty to repay as per your business conditions. This means that you pay less when your business does not do well and vice versa. Unlike traditional bank loans, you do not have to undertake any burden of late fees.

Whatsoever is your intention for additional business financing, small business owners can easily avail it and fulfill their credit need.

Tuesday, November 27, 2012

Cheap personal loans

The main purpose of personal loans is to help those who are in dire need of money. Generally, people borrow money when they run out of it or find themselves in financial paucity. In such a situation, expensive personal loans will very much defeat the purpose of personal loans. Borrowers with latest market information know that cheap personal loans are available in the market and they only need to explore the available opportunities.

A market research on the consumers' borrowing patterns reveals that one in every three consumers shop around before taking out a personal loan. Also, those shopping for cheap personal loans turn to smaller lenders. Some lenders offer cheap personal loans against a security to be given by the borrower. The security works as a guarantee for the loan amount and, thus, minimises the lender's risk. The lender with lower risk in the transaction can easily afford to give cheap personal loans to the borrowers.

The general reasons for taking out cheap personal loans include financing a car, consolidating your debts, making your home beautiful, going on holidays, etc. With the changing lifestyle and buy now, pay later' concept in place, many borrowers have started taking out personal loans even for their day to day requirements, like filling gasoline, purchasing store items, paying tax liability, etc.

By 2011, the personal loan market in UK is expected to grow further by 19 per cent. The role of lenders including banks and online private lenders will be significant. The online market in UK is already well developed with a lot of lenders offering cheap loan deals. Different loan plans are there in place for differently situated people. Cheap personal loans take up a considerable size of the financial market. So, whatever your need is, you can rely on cheap personal loans. These loans will help you in almost any condition.

Friday, November 23, 2012

The Texas Governor's Mansion

The Texas Governor's Mansion, which is located a block southwest of the Texas State Capitol Building in downtown Austin, is the most historic home in the Austin real estate market and the longest continuously inhabited executive residence west of the Mississippi River. Built in 1856, the Governor's Mansion underwent construction after the Texas Legislature appropriated ,500 in order for a suitable home to be built for the 5th governor of Texas, Elisha Pease, and his wife, Lucadia.

The mansion is a Texas historical landmark, and the Greek Revival style home was built by master architect and builder Abner Cook, who used buff colored bricks and lumber from Bastrop to build the home, adapting it to frontier life. The mansion, which has floor to ceiling windows and a deep veranda, is cooled in part by wide hallways which provide ventilation in the summer.

The home is basically square with four main rooms separated by a wide hallway down the middle, and there are servant's quarters and a kitchen in the rear wing. The home has two stories encircled by 29 foot Ionic columns which span the building from top to bottom, with the downstairs floor being sixteen feet high and the upstairs floor being 13 feet high.

The home was completed on June 14th, 1856, and the home was six months overdue at the time, causing the builder to pay rent for the Pease family in a boardinghouse until its completion. At that time, the Legislature appropriated ,500 for furnishings, and since the amount was not enough to fully furnish the home, the Pease family used their own furnishings, which was a habit that persisted for the next few first families, since the home was large and quite expensive to provide with ample furnishings.

The next governor, Sam Houston, felt the house was too sparsely furnished, and ordered a massive four poster mahogany bed, which is still situated in the southeast bedroom to this day. Temple Houston, Sam and Margaret Houston's eighth child, was the first child born in the mansion, and at one point, their son, Andrew Jackson Houston, locked members of the Legislature in their chambers and refused to give his father the key. The child was five years old when this occurred, and the child reported only relinquished the key when his father, Governor Sam Houston, threatened to have him arrested.

In 1901, the home was redecorated in the late Victorian style by First Lady Orline Sayers, who brought in plush, overstuffed parlor chairs and numerous potted plants to receive the home's first presidential visitor, William McKinley, and his cabinet. Her husband, confederate veteran Joseph Sayers, met with President McKinley and his cabinet at an elegant state dinner in the dining room of the mansion.

By 1914, the home had fallen into disrepair, and was renovated by Governor Oscar Colquitt, and later, in 1960, the home was landscaped with formal gardens by First Lady Nellie Connally, and the formal gardens are still in use today. Later, in 1979, the home was completely restored by Governor William P. Clements and First Lady Rita Clements, after the Legislature appropriated ,000,000 for the project, and at the time, the mansion had been in use for over 120 years.

Today, there are important art collections and heirloom furniture on display, including a collection of portraits and Stephen F. Austin's writing desk, and the public may tour the mansion with a tour guide provided by the state. The Governor's Mansion in Austin is something for all residents of Austin as well as Texas to be proud of, so be sure and visit the mansion while in Austin!

Saturday, November 17, 2012

Real Estate Bubble Talk for Real Estate Investors

Are you afraid to invest in real estate because of a pending real estate bubble? The news has been filled with real estate troubles including too many houses on the market in some areas, a slow down in sales, and dropping prices.

What's behind all this bubble talk?

Before you give any substance to warnings about a "real estate bubble," look closely at the source. Many stock brokers jump on the bandwagon of real estate doom to get investors back into the stock market. Also, many negative reports originate from mortgage lenders who want to keep the mortgage insurance rates high and keep the insurance premiums coming in for loans on houses that have appreciated.

Early in 2005, I was invited to go to Philadelphia and participate in a "real estate bubble" discussion on Ch 8's "Money Matters Today." Television reporters, newspapers, and media hype love scaring you to grab your attention. On the TV show, I defended the real estate market.

So, what happened to the real estate bubble in 2005

I can't speak for all investors. If my family had been scared into discounting our investments, selling out, and not buying more property in 2005, we would have lost a million dollars. We bought and held houses. All of our property increased by 20% - 35% and the ones we fixed increased in value even more. In particular, for one home we paid 0,000 and spent ,000 in repairs - within the year it appraised for 5,000.

Who profits from the real estate bubble?

Besides media scaremongers, mortgage insurance providers, and stock brokers, real estate investors make even more money. What's that? How do real estate investors make money from the real estate bubble? They take advantage of desperate home sellers scared by the media.

In January 2006, we bought an investment property that the home seller, in the midst of a divorce, discounted for a quick sale. The 0,000 property appraised for fifty thousand more than the purchase price. Now, we could quick sale the property for fast cash, but we're in for the long haul. The property has great development potential. So, we'll let the tenants pay for the mortgage and maybe tear the small house down in a few years. A half acre, one lot away from a future marina near new condos, has many possibilities.

Keep the bubble talk. People always need housing. The more you hear about the pending burst, the more money real estate investors CAN make.