In the past few years, Sacramento’s commercial real estate has suffered from plunging rents and soaring vacancies. This 2013, it is a good news for California because the worst is over. There are indicators that the commercial real estate there is starting to stir up and that the vacancy rate started to drop as well.
The Philippines has been getting a lot of attention lately. Mainly, the Philippines Department of Tourism has been promoting, “It’s More Fun in the Philippines!” And to some of us who know, it is!
Filipinos always look forward to Christmas and it’s one of the happiest times in the Filipino culture. This is the time when families get together especially those who are overseas. Another Filipino tradition is when one comes home for Christmas and become “Balikbayan” or homecoming. Filipinos who do come home usually bring lots of gifts for their families and close friends back home which is called “pasalubong”. These gifts may seem ordinary to a lot, but to Filipinos, they’re the very thought of love. Items such as canned goods, dvd players, clothing, perfume, cosmetics are some of the usual items brought home in pasalubongs.
A lot of people who are closer to retirement are looking for places to retire that could stretch their life savings. As a lot of Americans, Europeans, Canadians and Australians have discovered in the past, and the Philippines has been one of their first choice.
Boracay is Travel + Leisure’s 2012 best island. By air, 35 minutes from Manila, Philippines capital to Caticlans Airport, it’s just a short 5 minute boat ride to Boracay Island. Caticlan Airport will soon open as an International airport which will gather flights directly from Songapore, Hong Kong and China.
You just negotiated a killer deal with built in 25% equity, great cap rate and excellent cash flowing multi-family building. To put icing on the cake, you manage to make the acquisition with no money down and you've accomplished this because you have good credit. But wait, you have one hurdle and that is the seller wants to get cashed out and will only do short term financing for one year. What do you do?
Mortgage Insurance protects lenders against losses that results from defaults on home mortgages. The lender lessens its risks because FHA will pay a claim to the lender in the event of homeowner defaults. Loans must meet FHA requirements to qualify for insurance. FHA requires mortgage insurance premium (MIP). An upfront premium of 1.50% of the loan amount is paid at closing and can be financed into the mortgage amount. The insurance premium paid on an FHA loan is always significantly higher than on a conventional program.
There are different providers for Roth IRA, it all depends on you on which provider best suits you. If you are starting small with your Roth IRA, the best choice would be banks. You may also opt to mutual fund companies, you may be able to invest parts of your IRA in different type of funds. Many investors find mutual fund companies as their best choice when choosing a provider. If you are more on designing your own portfolio, a brokerage firm would be the best choice for when choosing a Roth IRA provider. Many forms offers their client to own mutual fund shares as well as individual stocks.
You’ve adhered to the basic fundamental that real estate is cyclical. Over the years, you’ve heard all the negative news about owning and investing in real estate; you’re waiting so that you don’t “catch a falling knife,” as it’s called in real estate lingo. With the recession, commercial properties have been impacted negatively and have had a 30 to 50 percent decline in value of residential homes have affected our economy from the mid part of the last decade in many parts of the U.S. These news would make most people think twice yet alone consider investing in the real estate.
Just getting started in commercial real estate? What exactly is commercial real estate? What kind of commercial real estate investing opportunities are out there? For starters, commercial real estate consists of properties that are intended to be used for workspace rather than living space, given a few exceptions. This includes apartment complexes (five or more units), office buildings, retail and shopping centers, self-storage facilities, hotels and motels, mobile home parks, special-purpose properties, and commercial short sales, to name a few.
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