Find Your Next Piece of Land In A Desert Oasis

Imagine a beautiful desert oasis, where you’re completely surrounded by sand, palm trees and cacti. If this sounds like your dream home then why not look into obtaining Arizona ranch land for sale? There are a lot of people that are completely oblivious to all of the features that Arizona has to offer.

Not only can you obtain Prescott Arizona land for sale at an extremely reasonable rate, the land is unlike anything that you have ever feasted your eyes upon. In fact, statistics have shown that there are more people that are opting to move from their present place of residence to Arizona in order to take advantage of the 300 days of sunlight and the rich land that is available for the taking.

Northern Arizona land for sale will actually put you right in the middle of all four seasons. Contrary to belief, northern Arizona does receive snow and it does experience all four seasons. Inadvertently, the amount of snow that you can expect to receive in northern Arizona will still be progressively less than the amount of snow that you can expect to obtain in Northern states.

Arizona is quickly becoming one of the most sought after places to reside. The dry climate is exceptional for adverse medical conditions such as excessive allergies, as well as arthritis. The land itself is vast and wide full of mountain ranges, cacti and palm trees throughout the entire state. When you purchase land in Arizona, you will definitely not regret your decision to do so.

Buy to Let Rental Property

Buy to Let Rental Property

Condotel Investments in the Philippines, Buy to Let rental properties are now being preferred to failing Pension Plans as more and more Filipinos and Overseas Property Investors look to the future and retirement.

20 Dollars a day for 6 years will buy you a Studio Condotel unit in the Philippines with a projected ROI through rentals of some 500 dollars per month after 3 years. With preconstruction property appreciating at some 20-30%PRCTG% per annum not only does the Real Estate Appreciation look good but the rental income is in excess of what many Pension Plans offer for the same or similar investment.

With many Overseas Filipinos and Offshore Property Investors looking to start saving for retirement, the Philippines with its comparative low cost of real estate yet high rates of Hotel Accommodations, make the Condotel investment an extremely attractive investment proposition.

Beth Collingz, International Marketing Director for PLC Global, a company specializing in Condo Hotel Sales and Investments in the Philippines for the Lancaster Brand of Condotels, said that many new investors are looking to replace failed pension plans and other future saving schemes with a solid investment in Real Estate.

?Many of my clients are looking for investments that will give them an income for retirement as an alternative to traditional private pension plans that have failed. Personally, I have always regarded Pension Plans as a glorified ?Pyramid Scheme?. Most company pension plans are insufficient as are Government Pensions. Bank rates for Savings accounts are at record lows. Savvy investors are now looking for a more solid investment with potential for monthly income. Condotels in the Philippines fit the bill?

This potential, high rates of rental returns from Condotel Investments, currently from 8%PRCTG% up to 16%PRCTG% per annum, opens up a huge market not traditionally looked at by Real Estate Agents and Brokers whom all so often run around like headless chickens looking for normal residential profile ?buyers? without looking at the by far bigger picture of investments, investing and retirement.

?We look at Condotels as pure investments. Not primarily as Real Estate. If you look at the Condo Hotel market as investing for future income, and think outside of the box, it is plain to see that Condotels are not only real estate investments but more importantly income generating property. Think of Condotels as a Managed Pension Plan. After all, Condotel units are fully managed property. The owner of the property does not have the hassle of renting out the unit and contend with all the normal pit falls of being an amateur land lord. This is taken care of by the Condo Hotel Management? said Collingz.

?One of my clients from Chicago, just purchased 4 Studio Condotel Suites at Lancaster ? The Atrium Manila which is currently in preconstruction sales. His plan is to retire in the Philippines in 2012, live in one of the Suites and receive the Condotel rental income on the other three. His outlay for the purchase is only around 85 Dollars a day for 6 years by opting to purchase on a 6 year no prequalification, no down payment, no interest payment plan. Even before completing payment for the units, he will be receiving some %1,500 a month in rental income in additional to any Government or Private Company Pension Plan. Better yet, the rental income is in tune with inflation and buying on preconstruction terms gives real estate appreciation of some 60-80%PRCTG% over 3 years. As Hotel Rates increase yearly, so does the rental income?

Foreign Nationals are legally allowed to purchase as much as 40%PRCTG% of the total number of condominium units on the market at any given time. Overseas Filipinos and more and more foreigners are now emerging as a market for condotel units. Many or our clients are coming from different countries like South Korea, Australia, United Kingdom, Saudi Arabia and other parts of the Middle East,? Collingz said.

Lancaster – The Atrium Tower II [which is the second Tower adjacent to the existing ?Sold Out? Tower I] is now accepting Reservations for Studio, One, Two & Three Bedroom Suites adopting International Standard Escrow Trust Account ?Buyer Safe? Easy Secure Payment Plans? with 6 year interest free payment terms or up to 12 year ?In-House? financing available, full condo ownership, no management costs for Condotel Suites and minimum monthly maintenance fees ? ?You really should take a moment to look at this Philippine Condotel Investment Opportunity? enthused Collingz.

All units at the Lancaster Suites have kitchen facilities. The standard unit price provides for the suite to be finished but not fully furnished. Included in the current price are the interior finishing?s such as tiled & fitted bathrooms, bedrooms with simulated wood plank flooring, living and dining area tiled floorings and lower kitchen cabinets/work tops installed. A complete optional extra interior fit-out package including appliances will be available towards the time the units are closer to being completed towards the latter part of 2009. Monthly condo dues are currently around 80 pesos/square meter of the unit floor area/month..

The Lancaster Atrium Suites are now available on the very affordable and competitive New Payment Plan that provides for Suites to be purchased on a No Interest No Down Payment basis with 67%PRCTG% of the payment payable over 60 equal consecutive monthly installments without interest and the 33%PRCTG% balance payable upon turnover of the unit or to be paid over an additional 5 years from turnover through our hassle free no prequalification ?In-House? Finance Plans?

The current selling price [effective March 1, 2007] for the Lancaster Manila Atrium Tower A Tax Exempt Studio Units is Pesos 75,888 or %1,615.00 per sqm. The One Bedroom, Two and Three Bedroom Suites are priced at Pesos 84,994.56 or %1,808.80 per sqm including Government Taxes [R-Vat 12%PRCTG%]. Units may be purchased on a Six Year No Interest Charge Term of payment or longer term ?In-House? financing plans. Turnover of units for Tower A will be from December 2009/2010

All payments will be made to the Lancaster Suites Manila Atrium Tower A Equitable PCI Bank Escrow Trust Account. It is anticipated, given the track record on sales of Tower I Units that property appreciation for initial buyers of Tower A Atrium Units will be at least 60-70%PRCTG% on turnover of units.

Beth Collingz

PLC International Marketing Networks

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Renting ? Making Other People Rich

Renting ? Making Other People Rich

Many renters say they prefer to rent because it is simple and doesn?t carry the stress of home ownership. In truth, they are simply making other people rich.

Equity

What if I told you that if you purchased a home, you wouldn?t have to make any monthly payments on it? On top of this, I?d promise you that when the house was sold, you would get to keep all of the equity gain in the home. Sound like a pipe dream? This is exactly what renters are doing for their landlords.

Regardless of how you break down a renting versus homeownership argument, there is one universal fact. If you rent, you are building equity for your landlord. Let?s take a look at a simple example.

Assume you rent a unit in a duplex and pay %1,000 a month for it. Assume further that you live in the unit for three years. During this period, you will have paid your landlord a total of %36,000. You can further assume that your landlord?s mortgage payment was less than %36,000 or he would raise your month payment. The end all effect of this situation is you have paid his mortgage for three years. Think about that for a minute.

Over the three years, you have made every single mortgage payment for your landlord. In doing so, you have helped him build equity in the home through the part of the mortgage payments applied to the principal of the loan. On top of that, the equity growth in the property is entirely his. If you?ve paid off %10,000 in principal and the home has appreciated by 100,000, you?ve just put %110,000 into his pocket. Yep, you?ve been making other people rich.

If you?re renting, you will undoubtedly find the above scenario very depressing. Unfortunately, it gets worse. Go ahead and make a list of your assets and debts. List every single thing you can think of and then subtract the total debts from the total assets. Whatever the number is, would it look better if you had added %110,000 to your balance sheet instead of your landlords?

Renting is a necessity, not an option. You should only rent if you cannot get into a home for some reason. With millions of loan options out there, home ownership should be at the top of your priority list.

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Apartment for Rent ? When Is It Better to Rent Instead of Buy?

Apartment for Rent ? When Is It Better to Rent Instead of Buy?

It was 5:00 PM and time for Susan to call it quits for the day. While signing off the computer, a last-minute check of the traffic reports revealed that the roads were backed up again. Susan drove home against the commute feeling her daily rush of sympathy for all those on the other side of the road stopped in traffic.

Ten minutes later, she drove past a golf course and pulled into home. The flowers were especially lovely this month and the fountain sparkled as it reflected the brilliant colors of the foliage. She drove past the landscaped grounds, pool and through the security gates that swung open with her security access.

What would it be tonight, a cardio work-out? No, she?d invited Steve over for some tennis. After a pleasant game, they?d head back to her place, fix dinner in her gourmet kitchen and eat on the balcony at tree level while the evening breeze rustled the nearby leaves. To wind down, they?d take a dip in one of the pools and relax in the Jacuzzi in the evening air. Maybe tomorrow night they could hit a few balls at the nearby course or check out one of the nearby art galleries.

She placed her mail on the granite countertop and padded across the ceramic tile to the sink at the breakfast bar to take her daily vitamins. A quick check with her concierge service confirmed the tickets for the weekend show, and she filed the maintenance report for the fix to her marble bathroom sink ? the repairs had been quietly made while she was away. She took a deep breath, turned on the surround sound and walked over to the private balcony off the main bedroom.

How does Susan afford this life? She doesn?t have a trust fund, and her income is about the same as colleagues that commute long distances to go home to maintenance, chores, yard work and television. Susan goes home to a beautiful home with a gourmet kitchen, elegant baths, vaulted ceilings, sun rooms, surround sound, sound reduction features, plush carpeting, ceramic tile, and custom oak cabinets. She goes home to tennis, golf, swimming, fountains and lovely grounds because she lives in conveniently located, luxury apartments. She enjoys an easy commute, concierge services, laundry services, professional landscaping, exercise facilities, recreational services, community parties, easy care, and maintenance services ? all for less than her friends are paying in mortgage costs.

When does it make sense to live in apartments?

According to Evelyn Barfield of GreystoneProperties.net there are many situations when renting is a much better financial choice than purchasing a home. Home ownership often means commuting long distances, constant maintenance and upkeep, mortgage payments, and yard maintenance. The term ?bedroom community? is a term for people who own homes long distances from their daily lives. The owners don?t actually live in their home, they simply return to it late at night to sleep. The home remains empty most of the time.

Renting luxury apartments offers an alternative to long commutes, constant maintenance and a fixed residence. It is a great choice for those who want flexibility, mobility, easy care and a freer life. Luxury apartments offer all the amenities that one would wish in a home with none of the maintenance or hassle. The vaulted ceilings, clubhouses, movie theatres, pools, tennis courts, Jacuzzi, cardio fitness equipment, fountains, gardens and landscaping are maintenance free and always available for use. Luxury apartments can often be found in great locations with easy access to work, golf or downtown. The cost of purchasing in such areas is often prohibitive, but luxury apartment living enables one to enjoy the location, amenities and lifestyle at a fraction of the cost.

For those in fluid situations, renting is usually a much better financial choice. Purchasing a home becomes financially wise only if housing prices in that particular neighborhood rise, if the homebuyer stays in the home long enough to justify the up-front costs, and if the maintenance or repairs to a home are kept to a minimum. Purchasing a home almost never makes financial sense for those who stay in a location less than 2 years. Unexpected expenses, taxes, repair costs or upgrades crop up often and can wreak havoc with a budget. Luxury apartments offer a fixed cost per month, which includes professional management, upkeep and maintenance. Renting a luxury apartment can enable people to enjoy a freer, more relaxed, fun-filled life.

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Real Estate Rentals – Selling For More

Real Estate Rentals – Selling For More

Selling real estate rentals isn’t like selling houses. You can paint a house, and get a little more because it looks nice. Rental properties, especially larger ones, are different, because they’re bought by investors, who look at income more than new paint. Raise the income, and you increase value to investors.

Time to learn about capitalization rates. If investors in your area expect a capitalization rate of .08 it means they want a net return (before loan payments and taxes) of 8%PRCTG% on the purchase price. So if your three-plex generates %12,000 net income annually, they’ll value it around %150,000 (%12,000 divided by .08). If you can make it generate %16,000, you make it worth %200,000.

More Income From Real Estate Rentals

Raising rents is the obvious way to boost income, if you can justify it. See what similar units are renting for. If your units are %60 below the going rate, you can raise the rents and not lose your renters. Increasing the rent %60 for three apartments means %2160 more net income annually. With a .08 cap rate, you just added %27,000 to the value of your property.

There are other ways to raise rents. Maybe your tenants will agree to %30 more per month if you have a carport built. That’s %1080 more net income annually, meaning roughly %13,500 more value added to your property. (%30 x 3 units x 12 months = %1080 divided by a .08 cap rate = %13,500) If you can build that carport for %4,000, that’s a good return on investment right? What else do they want?

Higher rent isn’t the only way to get more income. Storage sheds can be rented to tenants or you could put in a coin-operated washer and dryer. With a larger income property, you could install pop machines.

Reduce Expenses Of Real Estate Rentals

Could you add insulation to reduce the heating costs? If you’re paying %80/month for lawn care, will one of the tenants do it for %40? Could you buy cheaper insurance? Any way you can reduce expenses raises net income (unless it scares away tenants). A new %4,000 furnace that saves %800/year on heating costs means you just turned %4,000 into a %10,000 higher sales price.

This isn’t an exact science, and of course appearance and other factors matter. Increasing that net, though, is the surest way to get more for your rental properties. Make the changes at least several months before you try to sell the property (a year before, if possible). Also, learn how do the math – it really does matter with real estate rentals.

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