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Hi
Nice to have you here . You seems to be a very busy man . This work is very interesting its always ask some thing different to make your site no one .______________________________
Miami Real Estate | Miami Beach Condos* Borrowing can only be used to fund the purchase and redevelopment of commercial property
* Following the changes in Regulations on 6th April 2006, the maximum that can be borrowed is restricted 50% of existing SIPP funds. In calculating the maximum loan “Protected Rights?? funds may be taken into account, but these funds can not be used towards the actual purchase/development. They can however be used for the associated costs, e.g. professional fees and stamp duty
* The loan can only be secured using the assets of the Member's SIPP
* The rental income produced by the property must exceed the mortgage repayments (including capital and interest)
* Where a number of Members are buying property together, each Member may borrow a maximum of 50% of the value of their respective funds. Each Member may have different levels of borrowing if necessary, but each Member’s share of the rent received must still exceed their individual loan repayments.
* The loan is made to Trustees of the Member’s SIPP, not the Member
* The Lender is given First Legal Charge on the property as security. All documentation must include a Limitation of Liability clause, which limits the liability of the SIPP’s Trustees to the value of the assets held by the Member's SIPP.
* Any loan must be repaid when the property is sold
* No new borrowing is permitted once the Member has begun drawing retirement benefits using all available funds i.e. a “full?? drawdown.
* If the Member elects to take phased retirement benefits, he/she may still be able to borrow to purchase commercial property, based on the assets not yet “drawn down??
* Loans should in general be taken out on an interest and capital repayment basis, though some may have an initial interest only period
* Members may take out a bridging loan to cover any VAT payable on the purchase. This can be in addition to the 50% of fund maximum. However, the term of the bridging loan must be no more than 12 weeks from the completion date of the property purchase.__________________________________________________
Miami Real Estate | Miami Beach CondosWith the roof falling in on the housing market, there is obvious merit in avoiding any company that relies on residential property for much of its income. Consequently, investors are giving little PSG Solutions, involved in property searches and the hated housing information packs (HIPs), a wide berth.
In the short term, they are probably right to do so. After all, house buyers and sellers could experience a long period of acute discomfort. But for any investor prepared to countenance a long-term lockaway, PSG has clear attractions.
Although many shares are historically cheap, offering some pretty safe dividend yields that put high-street savings accounts to shame, share buyers must be selective. There are bargains around – but the trouble is that they may represent an even more tantalising proposition tomorrow. Still, for the patient and careful stock-picker buying for the longer term, these nervous days offer a unique opportunity to enhance their portfolio. The No Pain, No Gain portfolio intends to remain active. It recently alighted on two shares and I am contemplating further additions.
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Miami Real Estate | Miami Beach CondosTo start up a real estate investing business, there are many important things that you should consider. True, it's one of the more lucrative businesses today but planning ahead and being prepared for the challenges ahead will help you understand real estate investing as a money-making venture.
Steps to Start Up a Real Estate Investing Business
You need to think of the best way to start up your real estate investing business. It may take a while before you can finally say that your plans have materialized. But it is essential to know some important steps and understanding real estate investing before you delve completely in this business.
Here are some steps that could help you with your start up:
1. Choose a broker to take charge of the business side. It could be you or you can hire a broker to do the job for you. Either way, you should get a broker who has the expertise and enough experience to back him up.
2. Franchise or privately owned real estate investing business. You may want your own real estate investing business at once, but some investors started off as franchisers before owning a private company. If you have enough assets to cover operation and all expenses, you may choose to own one at the start up.
3. Make sure to find a location with high traffic and visibility. This is important for a start up real estate investing business (and all other types of businesses, in general) to get exposure and clients.
4. Get a business permit. Make sure you submit all requirements and you should have the business permit ready upon your start up.
5. Engage and be visible to the community. You can do this by joining realtor boards and by sponsoring or being a part of the community's real estate tours.
6. Scour applications and employees. You need to do this once you are hiring for employees. You need to do back ground checks and make sure that your people are competent and backed-up with enough knowledge and experience.
7. Acquire listings of properties that are for sale. You can check the locale by scouting or check the city's online data base.
8. You should market your company and listings. Make sure to strategize when it comes to marketing your listings. Plan ahead and think of all possible techniques to help you._______________________________________
