Exeter Enterprises provides optimum OPM Seminar Loews Coronado Bay Resort San Diego 1-2 August, 2009 real estate investors who want to learn alternative and legal means to finance real estate projects without bank accounts. Featured speaker Jillian Ivey Sidoti attorney who specializes in education and real estate investors how the law adds real estate investment capital. Ms. Sidoti is a recognized expert nationally in preventing legal problems and issues, real estate and investment projects.
Guest speakers included Chief Executive Chris Yates CM Yates Company - a specialist sales, marketing, credit banking, real estate investing, creative financing strategies and investment alternatives. Mr. Yates specializes in real estate transactions are sophisticated. Curtis also spoke of the general partners Gabhart ACI Commercial, Inc. - a leading brokerage house in San Diego. Mr. Gabhart also president of the San Diego Commercial Realtors Association, the policy has been a member of the Advisory Committee, University of San Diego Burnham-Moores Center for Real Estate Board - San Diego CCIM Chapter and has appeared Learning Channel TV show "Flip House" - an expert's advice to owners real estate property. He specializes in property management, multi-family income property issues, partnership, group purchasing Syndication medium and large-scale real estate projects, and much more.
Optimum OPM Seminar addresses:
• Law and effective financing real estate projects, to ensure that no personal property or use the bank.
• How to advertise real estate investors into the public domain.
• Learn how to take a public company without spending a fortune.
• Implementation of various strategies in order to create interest from potential investors.
• a number of benefits from the Real Estate Investment Trust (Reit)
Optimal reception OPM Seminar is $ 1995 per person, $ 1745 pp for two to four people and $ 1495 pp four or more. Private one-one consultation with Ms. Sidoti, Esq. involved in the seminar fee. Loews Coronado Bay Resort, the optimal location of the Department of Education, offers a special low during the first 15 registrants. The seminar participants were invited to spouses and children this family friendly resort.
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Saturday, May 30, 2009
Thursday, May 14, 2009
8 Must Ask Questions For Condominium Buying Success
May I have a copy of the Master Deed, Unit Deed and Bylaws? The Master Deed, unit Deed and Bylaws will let you know exactly what you own and what you are responsible for, what you can and cannot do. Something's to look for are pet restriction, parking and rental restrictions. If something is important to you make sure you can do it. For example, some com-plexes will not allow you to install satellite dishes or let you rent your unit.
May I see two years of the association's meeting minutes? Many associations meet monthly or bi-monthly. The minutes will clue you in to what people are complaining about and if there are any major repairs coming up.
What is this years budget and how much is in the reserve fund? You will get a statement with the prior years budget and a pro-forma budget for the current year. See if the association has been running a deficit or a surplus. There should be at least 10% of the yearly's budget in reserve to help cover unexpected costs and repairs. If something doesn't seem right to you, ask questions.
What is the past 5 years history for special assessments and condo fee increases? This will give you an idea of how well the association is doing financially. If condo fees are low but they are constantly levying special assessments it means you could be looking at future assess-ments of several hundred to several thousand dollars. Make sure condo fees are keeping pace with inflation.
Are there any future special assessments coming up or have been discussed? You certainly don't want to move in and be surprised with a special assessment right away.
How many units are investor owned and how many are owner occupied? Complexes with a higher rate of owner occupancy tend to be more marketable. Also, if the ratio of investor owned becomes to high, it can pose a problem in conventionally financing a unit, possibly ef-fecting resale.
Is the association is currently involved in any litigation?-Nothing can eat up reserves more than a lawsuit. This is never a good sign.
What is the delinquency rate on association fees? This tells you if everyone is pulling there weight financially. Typically you don't want to see more than a 10% delinquency.
What is the turnover rate? This gives you an idea if people are happy or not. Average turn-over should be about 7%.
Read More..
May I see two years of the association's meeting minutes? Many associations meet monthly or bi-monthly. The minutes will clue you in to what people are complaining about and if there are any major repairs coming up.
What is this years budget and how much is in the reserve fund? You will get a statement with the prior years budget and a pro-forma budget for the current year. See if the association has been running a deficit or a surplus. There should be at least 10% of the yearly's budget in reserve to help cover unexpected costs and repairs. If something doesn't seem right to you, ask questions.
What is the past 5 years history for special assessments and condo fee increases? This will give you an idea of how well the association is doing financially. If condo fees are low but they are constantly levying special assessments it means you could be looking at future assess-ments of several hundred to several thousand dollars. Make sure condo fees are keeping pace with inflation.
Are there any future special assessments coming up or have been discussed? You certainly don't want to move in and be surprised with a special assessment right away.
How many units are investor owned and how many are owner occupied? Complexes with a higher rate of owner occupancy tend to be more marketable. Also, if the ratio of investor owned becomes to high, it can pose a problem in conventionally financing a unit, possibly ef-fecting resale.
Is the association is currently involved in any litigation?-Nothing can eat up reserves more than a lawsuit. This is never a good sign.
What is the delinquency rate on association fees? This tells you if everyone is pulling there weight financially. Typically you don't want to see more than a 10% delinquency.
What is the turnover rate? This gives you an idea if people are happy or not. Average turn-over should be about 7%.
Read More..
Tuesday, May 5, 2009
Build Your Own House
Why Build Your Own House?
When most people think of buying their own home, they look at purchasing homes that are already built. The biggest problem with this approach is that you're paying full price for a house that you'll have to either renovate to increase the value or you'll have to work harder to reduce your mortgage payments.
When you build your own house, you're cutting tens of thousands of dollars off the cost of buying an already-established home. This means you're paying a wholesale price for a brand new house that will still be appraised at a completed value. That's an instant equity gain that you get to keep.
What's even better is that when you choose to build a house, your mortgage repayments are based only on what you borrowed to buy the home. This means that you'll be saving thousands of dollars in mortgage repayments each year because you'll owe so much less.
How Hard Is It To Build Your Own House?
When I told people I was going to build my house myself they were shocked and couldn't get their heads around how much work would be involved. Most friends and family members shook their head and said "It's easier to just buy one."
Sure, it might be easier, but that doesn't mean I'll get a better result by buying an old home that someone else didn't maintain or repair properly. After all, what if they've only patched the electricals or the plumbing only to break down the moment I move in?
I'd rather know that by building my own house I've bought a brand new house, which means less maintenance and repairs for me, but it also means I know what's gone into it.
Another great reason to build your house is that you get to design a plan that suits your lifestyle. You get to choose how many rooms you have and how big they'll be. What the flow of the floor plan will be like.
Who Does the Construction?
Even if you've never built anything before, learning the basic construction principles you need to know isn't difficult. When you buy your building materials, many of the hardware suppliers will happily offer pointers and tips.
You can also research anything you need on the internet. You don't need to be a Master Builder or anything like that. You just need to know a little about wielding a hammer and using a spirit level and measuring tape to keep things straight.
Read More..
When most people think of buying their own home, they look at purchasing homes that are already built. The biggest problem with this approach is that you're paying full price for a house that you'll have to either renovate to increase the value or you'll have to work harder to reduce your mortgage payments.
When you build your own house, you're cutting tens of thousands of dollars off the cost of buying an already-established home. This means you're paying a wholesale price for a brand new house that will still be appraised at a completed value. That's an instant equity gain that you get to keep.
What's even better is that when you choose to build a house, your mortgage repayments are based only on what you borrowed to buy the home. This means that you'll be saving thousands of dollars in mortgage repayments each year because you'll owe so much less.
How Hard Is It To Build Your Own House?
When I told people I was going to build my house myself they were shocked and couldn't get their heads around how much work would be involved. Most friends and family members shook their head and said "It's easier to just buy one."
Sure, it might be easier, but that doesn't mean I'll get a better result by buying an old home that someone else didn't maintain or repair properly. After all, what if they've only patched the electricals or the plumbing only to break down the moment I move in?
I'd rather know that by building my own house I've bought a brand new house, which means less maintenance and repairs for me, but it also means I know what's gone into it.
Another great reason to build your house is that you get to design a plan that suits your lifestyle. You get to choose how many rooms you have and how big they'll be. What the flow of the floor plan will be like.
Who Does the Construction?
Even if you've never built anything before, learning the basic construction principles you need to know isn't difficult. When you buy your building materials, many of the hardware suppliers will happily offer pointers and tips.
You can also research anything you need on the internet. You don't need to be a Master Builder or anything like that. You just need to know a little about wielding a hammer and using a spirit level and measuring tape to keep things straight.
Read More..
Saturday, May 2, 2009
Custom Log Home Design Ideas
Custom log home design ideas can be used to help create the dream log home you've always wanted. Perhaps you have some custom log home design ideas on paper as you've been collecting design ideas. That's a great way to plan and organize your ideas, by making a scrapbook of the things you may want in your log home design. Here are some tips for custom designing your log home:
1. Explore and Select Your Log Home Style - select the log home style that you really want and like, a style that excites you. Will you prefer the manufactured or handcrafted log home style? Manufactured log homes are made with logs that are milled into a desired shape, producing uniform logs without taper. The logs used generally range in length from 10 to 18 feet. A custom log home design using manufactured logs can vary considerably in shape and appearance because the logs have different shapes and there are different corner styles. You can obtain kits ranging from just the logs and fasteners to more complete systems that include the roofing materials, doors, windows and even more.
A handcrafted custom log home design means handcrafters will strip the bark off of whole logs. Using special skills and tools, the handcrafter will fit each log into place. Handcrafted custom log home design and construction is labor intensive, and the construction process takes longer and usually costs more since so much work is done manually. This method attempts to preserve the natural shape of the tree, and each log is carefully trimmed and shaped for a specific location in the log shell. The logs may be assembled at the company's yard, the pieces are numbered, taken apart and shipped to the homesite to be reassembled.
2. Visualize Home Traffic Flow - a good way to create a custom log home design is to take floorplans you like and pretend you're coming home, entering and moving around in the home. Come in the front door -- where will you place your coat? What do you see in front of you as you enter? Which way to the kitchen and pantry if you are carrying groceries? Visualize sitting in the living room or family room. Will you be entertaining guests? Is having a fireplace high on your list of priorities? Try to note where the bathroom or bathrooms are located. As you finish your shower, where are the towels hanging?
Another helpful exercise when visualizing custom log home design is to examine the things that you like about where you live now. What things would you like to keep and what are things you'd like to change and have in your new home? For example, perhaps you'll want a much larger kitchen. Pay special attention to the kitchen work triangle -- the distance between the sink, refrigerator and range or cooktop. Each one of these areas becomes a focal point in the kitchen and forms the three points of a triangle with different distances between them. Done correctly, proper custom log home design in the kitchen gives you the most efficient food preparation area layout. Walk through each room of the floorplan and see how the room feels and functions and how its location seems in relation to other rooms.
3. Plan Your Home Orientation and Layout - when creating a custom log home design, pay attention to your site and how the orientation of individual rooms will be done. Locate the bedrooms towards the cooler, nighttime north. Place your kitchen facing the east to catch the early morning sun. The living room and recreational room can have a kind of transitional orientation, facing the warm noon south sun. And the dining area can be oriented towards the late afternoon western sun. Natural light, window placement, orientation and views are powerful positive factors in human health and the comfort of your new home.
A great way to learn custom log home design ideas is to view log home plans that have been successfully built already. Use the speed of the internet to view plans, plans that you enjoy. Every plan that you review can give you custom log home design ideas that you had not thought of. Instead of trying to create brand new plans from scratch, you can save considerable time and money if you can find great plans that have already been built successfully somewhere. This means the plans will work. Just be sure the plans service can make the changes to the plans so they become exactly what you want. That way, you really can create the custom log home design that will provide you many years of enjoyment.
Read More..
1. Explore and Select Your Log Home Style - select the log home style that you really want and like, a style that excites you. Will you prefer the manufactured or handcrafted log home style? Manufactured log homes are made with logs that are milled into a desired shape, producing uniform logs without taper. The logs used generally range in length from 10 to 18 feet. A custom log home design using manufactured logs can vary considerably in shape and appearance because the logs have different shapes and there are different corner styles. You can obtain kits ranging from just the logs and fasteners to more complete systems that include the roofing materials, doors, windows and even more.
A handcrafted custom log home design means handcrafters will strip the bark off of whole logs. Using special skills and tools, the handcrafter will fit each log into place. Handcrafted custom log home design and construction is labor intensive, and the construction process takes longer and usually costs more since so much work is done manually. This method attempts to preserve the natural shape of the tree, and each log is carefully trimmed and shaped for a specific location in the log shell. The logs may be assembled at the company's yard, the pieces are numbered, taken apart and shipped to the homesite to be reassembled.
2. Visualize Home Traffic Flow - a good way to create a custom log home design is to take floorplans you like and pretend you're coming home, entering and moving around in the home. Come in the front door -- where will you place your coat? What do you see in front of you as you enter? Which way to the kitchen and pantry if you are carrying groceries? Visualize sitting in the living room or family room. Will you be entertaining guests? Is having a fireplace high on your list of priorities? Try to note where the bathroom or bathrooms are located. As you finish your shower, where are the towels hanging?
Another helpful exercise when visualizing custom log home design is to examine the things that you like about where you live now. What things would you like to keep and what are things you'd like to change and have in your new home? For example, perhaps you'll want a much larger kitchen. Pay special attention to the kitchen work triangle -- the distance between the sink, refrigerator and range or cooktop. Each one of these areas becomes a focal point in the kitchen and forms the three points of a triangle with different distances between them. Done correctly, proper custom log home design in the kitchen gives you the most efficient food preparation area layout. Walk through each room of the floorplan and see how the room feels and functions and how its location seems in relation to other rooms.
3. Plan Your Home Orientation and Layout - when creating a custom log home design, pay attention to your site and how the orientation of individual rooms will be done. Locate the bedrooms towards the cooler, nighttime north. Place your kitchen facing the east to catch the early morning sun. The living room and recreational room can have a kind of transitional orientation, facing the warm noon south sun. And the dining area can be oriented towards the late afternoon western sun. Natural light, window placement, orientation and views are powerful positive factors in human health and the comfort of your new home.
A great way to learn custom log home design ideas is to view log home plans that have been successfully built already. Use the speed of the internet to view plans, plans that you enjoy. Every plan that you review can give you custom log home design ideas that you had not thought of. Instead of trying to create brand new plans from scratch, you can save considerable time and money if you can find great plans that have already been built successfully somewhere. This means the plans will work. Just be sure the plans service can make the changes to the plans so they become exactly what you want. That way, you really can create the custom log home design that will provide you many years of enjoyment.
Read More..
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