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  22. <title>SBA 504 Refinancing Program Update</title>
  23. <link>https://qnqunyiln.info/sba-504-refinancing-program-update</link>
  24. <comments>https://qnqunyiln.info/sba-504-refinancing-program-update#comments</comments>
  25. <pubDate>Wed, 19 Apr 2023 16:22:15 +0000</pubDate>
  26. <dc:creator>admin</dc:creator>
  27. <category><![CDATA[Uncategorized]]></category>
  28. <category><![CDATA[ai photography]]></category>
  29. <category><![CDATA[digital photography]]></category>
  30. <category><![CDATA[ed sheeran photograph]]></category>
  31. <category><![CDATA[film photography]]></category>
  32. <category><![CDATA[landscape photography]]></category>
  33. <category><![CDATA[landscape photography tips]]></category>
  34. <category><![CDATA[landscape photography tutorial]]></category>
  35. <category><![CDATA[learn photography]]></category>
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  38. <category><![CDATA[photograph]]></category>
  39. <category><![CDATA[photograph lyrics]]></category>
  40. <category><![CDATA[photography]]></category>
  41. <category><![CDATA[photography for beginners]]></category>
  42. <category><![CDATA[photography ideas]]></category>
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  44. <category><![CDATA[photography tips]]></category>
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  51. <guid isPermaLink="false">http://qnqunyiln.info/?p=93</guid>
  52. <description><![CDATA[The Small Business Administration made a major announcement about the SBA 504 Refinancing Program. After waiting almost a year for the SBA finally introduced some new rules to add very significant benefits to this financing program. It is very exciting news for small businesses because it has the potential of stimulating the economy and to [...]]]></description>
  53. <content:encoded><![CDATA[<p> The Small Business Administration made a major announcement about the SBA 504 Refinancing Program. After waiting almost a year for the SBA finally introduced some new rules to add very significant benefits to this financing program. It is very exciting news for small businesses because it has the potential of stimulating the economy and to aid small businesses in refinancing their debt.The SBA 504 Financing Program provides $7.5 billion to use over the next eleven months for small businesses to refinance their debt. You may recall that back in 2010 the Small Business Jobs Act was passed into law and it had provisions that the SBA 504 Loan Program was to be used by small businesses to refinance existing debt. Up to that time the program was used exclusively for the purchase of assets like commercial real estate or new equipment. The legislation then allowed funds to be use only to refinance existing debt on commercial real estate and major equipment. The big change is that the SBA is now allowing small businesses to refinance other depth as well. Now as long as 85% of the loan amount was used for refinancing of assets like commercial real estate and equipment, the other 15% could be used for other purposes.The business owner can now use the remaining 15% to access working capital for eligible business expenses. This &#8220;cash-out&#8221; can be used for refinancing of eligible business expenses such as salaries, rents utilities, inventory and other obligations that the business had incurred up to the point of application or that may be coming due within 18 months.The key features of this loan program include allowing funding for up to 90% of the appraised value of the assets used as collateral where previously cash-out was typically limited to only 60 or 65%. That&#8217;s an additional 25%, and in some cases 35%, more equity you can use pay off existing debt and cash-out for working capital. Other benefits are long-term financing typically 20 to 25 year amortization, no balloon payments and the lowest interest rates in the markets. These rates are fixed so there is no worry about when interest rates finally start go up.There are a few qualifications you must meet in order obtain this financing. This is for owner-occupied properties only so the business must occupy at least 51% of the building. This is not for investment properties like multi-family or other investment type properties Another criteria is that you must be current on your payments. The SBA&#8217;s definition of current is no more than 30 days late for the past 12 months. </p>
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  56. <slash:comments>0</slash:comments>
  57. </item>
  58. <item>
  59. <title>Learning With Landscape Photography Tips</title>
  60. <link>https://qnqunyiln.info/learning-with-landscape-photography-tips</link>
  61. <comments>https://qnqunyiln.info/learning-with-landscape-photography-tips#comments</comments>
  62. <pubDate>Wed, 19 Apr 2023 12:30:47 +0000</pubDate>
  63. <dc:creator>admin</dc:creator>
  64. <category><![CDATA[Uncategorized]]></category>
  65. <category><![CDATA[ai photography]]></category>
  66. <category><![CDATA[digital photography]]></category>
  67. <category><![CDATA[ed sheeran photograph]]></category>
  68. <category><![CDATA[film photography]]></category>
  69. <category><![CDATA[landscape photography]]></category>
  70. <category><![CDATA[landscape photography tips]]></category>
  71. <category><![CDATA[landscape photography tutorial]]></category>
  72. <category><![CDATA[learn photography]]></category>
  73. <category><![CDATA[lyrics photograph]]></category>
  74. <category><![CDATA[outdoor photography]]></category>
  75. <category><![CDATA[photograph]]></category>
  76. <category><![CDATA[photograph lyrics]]></category>
  77. <category><![CDATA[photography]]></category>
  78. <category><![CDATA[photography for beginners]]></category>
  79. <category><![CDATA[photography ideas]]></category>
  80. <category><![CDATA[photography lessons]]></category>
  81. <category><![CDATA[photography tips]]></category>
  82. <category><![CDATA[photography tutorial]]></category>
  83. <category><![CDATA[street photography]]></category>
  84. <category><![CDATA[street photography basics]]></category>
  85. <category><![CDATA[street photography tips]]></category>
  86. <category><![CDATA[travel photography]]></category>
  87.  
  88. <guid isPermaLink="false">http://qnqunyiln.info/?p=87</guid>
  89. <description><![CDATA[Photography interest is wide, but having the ability to capitalize on the photos you take by finding financial gain is rare. The photographer&#8217;s inability to market photos to clients or quite often their inexperience are the leading causes for this rare occurrence. A great way to capitalize on the photographer&#8217;s life is to seek the [...]]]></description>
  90. <content:encoded><![CDATA[<p> Photography interest is wide, but having the ability to capitalize on the photos you take by finding financial gain is rare. The photographer&#8217;s inability to market photos to clients or quite often their inexperience are the leading causes for this rare occurrence. A great way to capitalize on the photographer&#8217;s life is to seek the advice of experience and search for landscape photography tips online. Landscape photography is one of the most sought after types of photography currently affecting the photo market and finding landscape photography tips can help turn your mediocre skills into the skills of an expert.When researching landscape photography tips to pursue the photographer&#8217;s life one of the top tips is to find a new perspective to an old photo. Photographs often in high demand include images of national treasures and monuments where companies are seeking a new angle or perspective of the aged image.Visiting these popular hot spots can help you capitalize financially as you discover the new angles or perspectives that purchasing companies are seeking. In many cases a new angle can capture shadowing or a background that is relevant to the original image, strengthening the imagery of the photograph. When pursuing the photographer&#8217;s life remember to take a great deal of photographs at a variety of angles since you never know which photo will appeal directly to your potential client.It is important to identify the various patterns of tip familiarity when searching for landscape photography tips due to their great abundance on the internet. Remember when trying to find the character of a photo that a great deal of importance should be placed upon the play of light and shadow. The time of day plays a tremendous role in the imagery that can be found in a photo. Never find satisfaction with the first photo you take when deciding on a area to photograph. Photographing various shadows, play of clouds and revealed location images can on occasion take the length of a day and play a large role in the photographer&#8217;s life. Patience in photography can help in capitalizing on discovered landscape photography tips to maximize your photography earnings.Nature is unpredictable in regards to the conditions that are available to the photographer. One of the top landscape photography tips is to find new perspectives when nature thwarts your original effort. Close a single eye to assist in finding the new scene you hope to capture. This method will help you see how the flat image of the photo will develop as closing an eye reduce the depth that dual vision provides. If you hope to take a photo of majestic mountains but the shadowing is wrong then use that background to capture the beauty of a new feature. On many occasions the beauty of a single flower stands out the most with bleak surroundings. Maximize your experiences in the photographer&#8217;s life by seeking new perspectives and never to accept photographic failure. </p>
  91. ]]></content:encoded>
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  93. <slash:comments>0</slash:comments>
  94. </item>
  95. <item>
  96. <title>Benefits of Email Marketing For Small Businesses</title>
  97. <link>https://qnqunyiln.info/benefits-of-email-marketing-for-small-businesses</link>
  98. <comments>https://qnqunyiln.info/benefits-of-email-marketing-for-small-businesses#comments</comments>
  99. <pubDate>Sun, 02 Apr 2023 03:54:11 +0000</pubDate>
  100. <dc:creator>admin</dc:creator>
  101. <category><![CDATA[Uncategorized]]></category>
  102. <category><![CDATA[Marketing Software]]></category>
  103.  
  104. <guid isPermaLink="false">http://qnqunyiln.info/?p=85</guid>
  105. <description><![CDATA[Email marketing is an effective form of promotion of online business. Many marketers not only tap the print as well as broadcast media for the marketing of the products or services of an organization. They have started utilizing Internet medium as well for the purpose of effective and efficient advertising of their enterprises. Email campaigning [...]]]></description>
  106. <content:encoded><![CDATA[<p> Email marketing is an effective form of promotion of online business. Many marketers not only tap the print as well as broadcast media for the marketing of the products or services of an organization. They have started utilizing Internet medium as well for the purpose of effective and efficient advertising of their enterprises. Email campaigning is one of the forms used in the Internet marketing. This is cost-effective and easy to manage technique used by an entrepreneur. A businessperson can conduct several types of email programs ranging from e-newsletters, Press Releases to advertisement campaigns. It is mainly used by small or medium sized businesses as mail marketing is affordable as well as easy to use. This technique produces a good result that is why it is used widespread by small and medium scale businesses.There are innumerable advantages of email programming. A marketer can use this form of promotion in order to get in direct touch with a prospective customer of an enterprise. Through mails it is easy to respond to the queries of the customers. A customer can instantly send a response to a marketer after receiving the mail. You just need to answer back to your client with a single click of a button. Many clients ask similar questions for which purpose you can get email marketing software. This tool automatically sends response to a customer when he sends a recurrent question which other clients send. These are computer programs that equip a user with many different features.These features help a user to collect a list of mail addresses of the potential clients, manage the list and then send newsletters or advertisements to the recipients without any one being bounced back. You can also search on the Internet and look for different templates to customize your newsletters. A marketer can select a template that matches well with the industry or an organization. Make your message professionally designed and visually striking in appearance. It is a cost-effective as well as convenient way to build customer loyalty. For small enterprises this type of advertising is more useful as well as beneficial. </p>
  107. ]]></content:encoded>
  108. <wfw:commentRss>https://qnqunyiln.info/benefits-of-email-marketing-for-small-businesses/feed</wfw:commentRss>
  109. <slash:comments>0</slash:comments>
  110. </item>
  111. <item>
  112. <title>Top Automotive Locksmith Services You&#8217;ll Wish You Knew</title>
  113. <link>https://qnqunyiln.info/top-automotive-locksmith-services-youll-wish-you-knew</link>
  114. <comments>https://qnqunyiln.info/top-automotive-locksmith-services-youll-wish-you-knew#comments</comments>
  115. <pubDate>Sun, 02 Apr 2023 00:04:10 +0000</pubDate>
  116. <dc:creator>admin</dc:creator>
  117. <category><![CDATA[Uncategorized]]></category>
  118. <category><![CDATA[Automotive]]></category>
  119.  
  120. <guid isPermaLink="false">http://qnqunyiln.info/?p=83</guid>
  121. <description><![CDATA[For some individuals, they find the need to get hold of automotive locksmiths only in times they want to obtain access into their vehicles. While, you are likely to popularly identify them for their expertise in designing keys and opening automobiles&#8217; entrance doors or trunks, you might like to read further so you&#8217;ll know a [...]]]></description>
  122. <content:encoded><![CDATA[<p> For some individuals, they find the need to get hold of automotive locksmiths only in times they want to obtain access into their vehicles. While, you are likely to popularly identify them for their expertise in designing keys and opening automobiles&#8217; entrance doors or trunks, you might like to read further so you&#8217;ll know a few other essential services that might be helpful to your current or long term decisions.There are folks who have bought autos with advanced safety systems. As an example, a few of these cars can operate by utilizing transponder chip or inserting a transponder key. By just pushing the button on the transponder chip, the automobile automatically starts. Once this chip or key is lost, it can lead to some complications. Some individuals who happen to be in this sort of situation decide to phone the car&#8217;s developer to get another chip or key, which can in fact be pretty costly. You can keep away from such an expenditure by getting in touch with automotive locksmiths as they can easily install a fresh system to substitute your mislaid key-less entry system at a more reasonable amount.Here Are Some Additional Services You Can Receive From An Automotive Locksmith:1. Tattered Key Repair service &#8211; they can mend or improve vehicle keys that are worn-out or broken.2. Deal with Compromised Locks &#8211; your automobile&#8217;s locks can be damaged due to distinct reasons. Whatever be the cause, locksmiths possess skill-sets that can restore the locks in your auto.3. Sticking Keys Repair service &#8211; in case you have broken-off your key while striving to open your vehicle, allowing the key pieces to be stored inside, locksmiths can dispose of key components inside the key hole and present you with a replacement key to regain entry.4. Forfeited Key Replacement &#8211; At any time you lost or damaged your key yet determined not to upgrade your locks, you can always request a locksmith professional to make a similar key.5. Car Alarms Installation And Repair &#8211; if ever you like to have a warning system placed in your automotive or have your present alarm serviced, then locksmiths can present you with the most cost effective services.6. Motor bikes, Motor boats, Commercial Automobiles Re-key services &#8211; In addition to cars, they can present re-key services on different kinds of transporting machines.7. Round The Clock Emergency Vehicle Service &#8211; This is a service each and every locksmith corporation ought to have, notably that locked-out and repair service are usually erratic.8. Roadside Re-Key Support &#8211; in the event you lose or inflict damage on your key and you require to be on the highway without delay, locksmith professionals can grant on the spot re-key service.To effectively deal with emergency cases, locksmith professional organizations are open Twenty-four hrs a day and 7 days a week. It is less expensive to obtain the services of locksmiths in contrast to receiving help from your insurance corporation.A certified automotive locksmith features distinct experience that separate them with other seasoned locksmiths. As progress in vehicles and security technology is nonstop, so as the skill-updates automobile locksmiths have to go through. </p>
  123. ]]></content:encoded>
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  125. <slash:comments>0</slash:comments>
  126. </item>
  127. <item>
  128. <title>Arts and Crafts</title>
  129. <link>https://qnqunyiln.info/arts-and-crafts</link>
  130. <comments>https://qnqunyiln.info/arts-and-crafts#comments</comments>
  131. <pubDate>Sat, 01 Apr 2023 13:28:51 +0000</pubDate>
  132. <dc:creator>admin</dc:creator>
  133. <category><![CDATA[Uncategorized]]></category>
  134. <category><![CDATA[Crafts Supplies]]></category>
  135.  
  136. <guid isPermaLink="false">http://qnqunyiln.info/?p=81</guid>
  137. <description><![CDATA[Kids love arts and crafts and so can parents, with endless hours of fun, concentration and family bonding.There are so many arts and crafts to choose from, there is bound to be something that you can find that will excite all the family, a focus that will bring you all together on a regular basis.One [...]]]></description>
  138. <content:encoded><![CDATA[<p> Kids love arts and crafts and so can parents, with endless hours of fun, concentration and family bonding.There are so many arts and crafts to choose from, there is bound to be something that you can find that will excite all the family, a focus that will bring you all together on a regular basis.One great family arts and crafts project is scrapbooking, as people (even kids) tend to keep ticket stubs, photos and flyers that have happy memories associated with them. You could create one giant family scrapbook, with pages on &#8216;What is my favorite place?&#8217;, &#8216;What is my favorite memory?&#8217; or &#8216;Reasons why I love my pet&#8217;, to name a few.The arts and crafts projects don&#8217;t have to be expensive &#8211; some paper, scissors and glue would be a good start. How about a matchstick craft kit, so you can all contribute to building a masterpiece?The best option would be, to do some research on arts and crafts and find a project that gets the thumbs up from all. Remember that kid&#8217;s votes are worth double the parents&#8217; votes!Choosing the Best Craft Kits for your KidsSo how do you pick out the best craft kits for your kids? Here are some tips you should bear in mind.The first thing you should check is the age guidelines of craft kits. Some kits will have small pieces; need use of tweezers or other sharp objects, which will need adult supervision if your child is young. Your child&#8217;s safety should always be at the forefront of your mind.If the craft kits are associated with a favorite program or television character, then you stand a really high chance that your child will absolutely love the craft kit.Always check what it contained within the craft kits, as if everything is not included, you will run the risk of a very disappointed child. Usually it is something like glue that is not included, so make sure that some appropriate glue on hand for the craft kits in question.Lastly, getting craft kits are a good taster to see if a particular arts and crafts project is enjoyed and appreciated by your children, before wasting money on encouraging a new hobby that is not enjoyed. </p>
  139. ]]></content:encoded>
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  141. <slash:comments>0</slash:comments>
  142. </item>
  143. <item>
  144. <title>United Kingdom Property Law</title>
  145. <link>https://qnqunyiln.info/united-kingdom-property-law</link>
  146. <comments>https://qnqunyiln.info/united-kingdom-property-law#comments</comments>
  147. <pubDate>Sat, 01 Apr 2023 02:05:10 +0000</pubDate>
  148. <dc:creator>admin</dc:creator>
  149. <category><![CDATA[Uncategorized]]></category>
  150. <category><![CDATA[accounting]]></category>
  151. <category><![CDATA[business]]></category>
  152. <category><![CDATA[companies]]></category>
  153. <category><![CDATA[google]]></category>
  154. <category><![CDATA[near me]]></category>
  155. <category><![CDATA[offices]]></category>
  156. <category><![CDATA[restaurant]]></category>
  157. <category><![CDATA[sale]]></category>
  158. <category><![CDATA[services]]></category>
  159.  
  160. <guid isPermaLink="false">http://qnqunyiln.info/?p=78</guid>
  161. <description><![CDATA[Most students who have taken a course in modern political science would appreciate that the United Kingdom is unlike most other nation-states because it itself made of three countries, commonly referred as sub-national administrative entities. Since each of these sub-national entities viz. &#8211; Scotland, England and Wales, and Northern Ireland has its own Parliament; they [...]]]></description>
  162. <content:encoded><![CDATA[<p> Most students who have taken a course in modern political science would appreciate that the United Kingdom is unlike most other nation-states because it itself made of three countries, commonly referred as sub-national administrative entities. Since each of these sub-national entities viz. &#8211; Scotland, England and Wales, and Northern Ireland has its own Parliament; they have drafted property laws that apply within the boundaries of their jurisdiction.There are commonalities between the property laws of Scotland, England and Wales, and Northern Ireland. For example all three jurisdictions follow the Common Law System, however the commonalities are trumped by the differences between the laws of England and Scotland specifically.Scottish property laws have been derived from the Feudal Legal System of middle ages, in sharp contrast to English and Welsh that have been derived from Roman Legal System. Northern Irish have more in common with English property laws, than they have with Scottish.The Queen is still the head of state of United Kingdom. However, her office is merely ceremonial. The decline in powers of the monarch&#8217;s office over the past two centuries ensured that important changes were made to the title of property in the United Kingdom. Now, the Queen is not considered the owner of all properties in the United Kingdom. Instead, the citizens of United Kingdom can hold the title of properties in their individual capacities. This may appear a banal change for young readers; however students of history will appreciate the major departure it meant from centuries-old property laws.As per the UK legal system, property is typically classified as either real property or individual property under the aegis of Common Law System. Countries that follow the Civil Law System typically make the distinction between movable and immovable property. In the United Kingdom, a person or legal entity can have absolute ownership of an individual property. However, a person or legal entity cannot have claim absolute ownership of a real property. Owner of an individual property cannot lease his property, and therefore cannot charge rent. A person owning a real property can shift the ownership to another person or legal entity by signing a legally binding deed document. However, there is no need for an elaborate deed to be signed for transferring the ownership rights of an individual property. Only civil lawyers can represent appellants in property lawsuits. There are special civil courts that preside upon matters pertaining to property laws. </p>
  163. ]]></content:encoded>
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  165. <slash:comments>0</slash:comments>
  166. </item>
  167. <item>
  168. <title>Should You Use a Property Management Company or Manage Your Real Estate Investment in Florida?</title>
  169. <link>https://qnqunyiln.info/should-you-use-a-property-management-company-or-manage-your-real-estate-investment-in-florida</link>
  170. <comments>https://qnqunyiln.info/should-you-use-a-property-management-company-or-manage-your-real-estate-investment-in-florida#comments</comments>
  171. <pubDate>Tue, 21 Mar 2023 14:45:19 +0000</pubDate>
  172. <dc:creator>admin</dc:creator>
  173. <category><![CDATA[Uncategorized]]></category>
  174. <category><![CDATA[Entertainment]]></category>
  175.  
  176. <guid isPermaLink="false">http://qnqunyiln.info/?p=75</guid>
  177. <description><![CDATA[When considering investment properties, first of all, it must be determined that it is profitable and a good idea to purchase rental properties. Let&#8217;s talk about this aspect. Owning rental property produces rental income which, if after expenses are deducted produces a profit, would be viewed as a good investment. Add to this the possibility [...]]]></description>
  178. <content:encoded><![CDATA[<p> When considering investment properties, first of all, it must be determined that it is profitable and a good idea to purchase rental properties.  Let&#8217;s talk about this aspect.   Owning rental property produces rental income which, if after expenses are deducted produces a profit, would be viewed as a good investment.  Add to this the possibility that property has the potential to increase in value over time and you have some solid reasons to purchase investment properties.If the rental income is paying more than the monthly mortgage amount leaving some excess for home repairs, it is possible the home could be paid off entirely by renters.  At some point in the future, this same home can be sold with the seller receiving the full value of the property.  Sounds like you can&#8217;t go wrong in owning rental properties.  But is this true?  It all depends on whether the investor has thoroughly completed their homework.If you are presently considering an investment in rental properties, be sure you do some thorough research. It&#8217;s important for the property investor to gather adequate information before committing to rental property ownership.  Searching the internet, reading real estate publications, attending seminars, and speaking personally with property investors is a great beginning that will place you on the road to making a wise, informed decision.  Starting up a business is a little like real estate investment.  Knowing the facts and putting time into the purchase gives you a much greater chance of success. Doing your homework can prevent disastrous property investment decisions.<br />
  179. Why a Real Estate Investment in Florida?<br />
  180. There are many issues that need careful consideration before making a final decision on property investment. These include the location of the property, Are you interested in an urban or rural location?  What is the condition of the property, how much maintenance will be required to keep it in good working order?  What are your financing options?  What do taxes run on that particular piece of property in that location?  How will you select tenants?These are all vital questions that could determine the success or failure of your venture.  Let&#8217;s refer to the first and probably most important of questions to ask regarding property investment.  What location will you choose?  In searching for the best possible location, it is important to look at trends among renters.  The American population continues to grow with a gain of about one person every 14 seconds.  Where are all these new people coming from?  An increase in our own population and immigration account for this strong growth.  With this in mind, it is safe to say there will be a continued need for housing in the future.  Concerning the immigration population, California, New York and Florida lead the list, in that order, in new residents.  What a potential pool of people to pull from!  Looking at the cost of real estate purchase in these three states, a real estate investment in Florida ranks among the most reasonably priced. Along with the strong immigration growth, Florida is a hot tourist destination, making it an ideal location for the purchase of rental property.Real Estate Investment in Florida &#8211; Where is a Good Choice?Along with having the 3rd highest rate of population growth, the high tourism rate is definitely a great reason for a real estate investment in Florida.  With its year-round temperate climate and vast array of attractions, both natural and created, it is the ideal location for family holiday vacations.  Families and singles return again and again to enjoy the delightful holidays Florida offers.  Deciding where to purchase your real estate investment in Florida may be a difficult decision.  Tourists in Florida are searching for sun and fun.  A real estate investment near the beach, from Key West in the south to Jacksonville in the north and east from Daytona Beach to Fort Myers would offer good returns on your investment.  Beach lovers will pay top dollar for rentals near the ocean. Let&#8217;s consider Central Florida as a wise real estate investment.  Walt Disney World has made Orlando the 3rd favorite tourist destination for overseas travelers.  Only Los Angeles and New York City rank higher.  With its resplendent and numerous lakes, tropical landscaping and modern, clean skyline, Orlando, the largest city in Central Florida, has aptly earned its title of &#8220;The City Beautiful&#8221;.  Along with the biggest drawing card of all, Walt Disney World, theme parks such as Universal Studios and Sea World, have made Orlando one of the largest markets in the world for tourism.  2.6million international travelers flocked to Orlando in 2004, according to the Orlando/Orange County Convention &#038; Visitors Bureau, a 12 percent increase from 2003.Real Estate Investment in Florida &#8211; Where in Central Florida?Having established the fact that Central Florida is a hot tourist market, it would stand to reason that a real estate investment in Florida, particularly the Central Florida area, would make good business sense.  But how would one go about locating a desirable area and property for this investment?  A beginning search would lead you to researching properties listed with the major real estate companies or visit craigslist.org in your area.  Deciding which type of property is important.  Do you prefer a single family residence, a townhouse or condo?  Keep in mind that townhouse and condo purchases may offer onsite property management services.  Will your real estate investment in Florida purchase be in a new development, or in an established, older area?  Purchasing rental property in a new development often offers pre-construction prices which can be substantially lower than prices post construction.   Are you available to manage the property, or do you wish to employ a property management company to take care of the details of property upkeep, record keeping and renter booking?  Doing it yourself can save you 6 percent and more of the cost of rent, but can end up costing you if you don&#8217;t know what you are doing.  If you do not plan on living in close proximity to your rental property, it would be wise to consider spending some extra dollars to employ a property management company. This will save you headaches and time, your own time for property maintenance and the time it takes to locate renters.Real Estate Investment in Florida &#8211; Consider Davenport, Fl<br />
  181. Considering a real estate investment in Florida, just 5 miles southwest of Disney you will discover the quiet, quaint town of Davenport, Fl.  Its central location yet off the beaten track give it an appeal all its own.  Davenport, Fl is only 2 square miles in size.  With its small town appeal, it is an attractive rental option for tourists.  Davenport, FL is under 30 minutes from Universal Studios, Sea World, Disney World and other Orlando attractions.  It is just one and ¼ hours from Kennedy Space Center and within an hour&#8217;s drive to Tampa (home of Busch Gardens) and Cocoa Beach. After a hectic day at the major tourist attractions, what a welcome respite it would be for renters to lodge in this quiet location which is surrounded by orange groves.  Convenience is another drawing card with a Super Wal-Mart, open 24 hours a day, just nine miles away.  Kissimmee is just a short drive with its spectacular nightlife entertainment options such as Arabian Nights and Medieval Times.  Family oriented Kissimmee attractions, Green Meadows Farm and the Silver Spurs Rodeo are also nearby. The small town environment of Davenport, Fl offers a quiet stay that is near all the most popular attractions, including theme parks, family spots and great shopping and dining, located not far from the Florida Mall, outlet malls and the Orlando Mall.Bimini Bay, Davenport, FlLocated in Davenport, Fl in close proximity to Walt Disney World, is a brand new development, Bimini Bay.  On 80 acres, 360 three bedroom two bath townhouses are ready for purchase.  The Davenport, Fl townhouses are turnkey ready with fully equipped kitchens, appliances and all that is needed to set up house including linens.  There will also be 360 fully equipped one bedroom apartments.  The planned amenities include a resort pool, two movie theatres with stadium seating, a major chain restaurant, a large Club House, a pool, lazy river, water slides, exercise room, tennis and volleyball courts along with many other features.  The best part about an investment in a townhouse at Bimini Bay, Davenport, Fl is that the property maintenance aspect is taken care of for you.  The investor reaps the benefits of ownership such as property appreciation and the ability to stay in the purchased property for a minimal fee without the headaches of property management.  The onsite management team takes care of maintenance, markets the property and secures renters.  The investor receives the same rental income each month, making this a low stress investment.  At the beginning of this article, there was discussion on managing rental property yourself or obtaining a management company for this purpose. Purchasing property at Bimini Bay ensures the on-site management will handle all the issues of property management, while allowing the investor the advantage of a steady income along with the benefit of using the property. </p>
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  186. <item>
  187. <title>Property Investor Strategy Series &#8211; Part 2</title>
  188. <link>https://qnqunyiln.info/property-investor-strategy-series-part-2</link>
  189. <comments>https://qnqunyiln.info/property-investor-strategy-series-part-2#comments</comments>
  190. <pubDate>Tue, 21 Mar 2023 13:56:43 +0000</pubDate>
  191. <dc:creator>admin</dc:creator>
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  195. <guid isPermaLink="false">http://qnqunyiln.info/?p=73</guid>
  196. <description><![CDATA[This is our second article in our 4 part series that will show you how to use the current property market conditions to make immediate profits, create positive cash flow and also how you can reduce your overall risks by using sensible strategies.OK in this article, we explain why you should be focusing on rental [...]]]></description>
  197. <content:encoded><![CDATA[<p> This is our second article in our 4 part series that will show you how to use the current property market conditions to make immediate profits, create positive cash flow and also how you can reduce your overall risks by using sensible strategies.OK in this article, we explain why you should be focusing on rental income to generate you positive cash flow month on month so you can still make a profit even if property prices are falling.There can be no doubting that the UK property market is going through a tough time and that property prices are slowly falling in many areas. If truth be known, no one can really tell what will exactly happen in the future but even though you cannot control what happens to the property market, you can make sure that you make a profit from your property investments and here is how.With buyers becoming very nervous about buying and mortgage lenders being very strict on who they will lend to, this means that many people  (especially first time buyers) will not beable to afford to get onto the property ladder. However, if people are not buying they will rent instead until conditions improve. And with this in mind, we fully expect rental demand to increase over the coming months as many choose to rent and wait until property prices fall or until the credit crunch eases.This extra demand, along with falling house prices means that rents should slowly increase and rental yields(rental returns) will be more favourable. This will create a great opportunity for property investors to focus on buying properties and targeting certain tenants where their investments will generate good positive cash flows month on month. This is a very powerful strategy to focus on in a falling market because no matter what property prices do, you are still making money from your investments and you know that in time, conditions will improve and property prices will rise once again.But this is only half the story! If you are going to focus on this strategy, you must have a good understanding of the tenant market and understand the main tenant types that dominate the market. There are 5 main types of tenants and each one will have their own requirements for a property and preferred locations within a town or city. The 5 main tenant types are as follows;Key Workers; Such as Teachers, nurses or doctorsStudentsYoung ProfessionalsYoung FamiliesProfessional SharersNow this is the important bit; In order to make sure that you let your property out quickly, maximise rents and minimise void periods, it is important that you buy the right property in the right location for the right tenant. It is also important to analyse where the highest rental demand is for a location and then satisfy that demand with what the market is craving. For example, if you want to target key workers, you should buy properties close to local schools or hospitals and buy a 2 bed flat or small terrace house that could accommodate possibly 2 tenants as these tenants like to share to save on costs.If you are targeting the student market, it is important that you buy a property that is located close to the university campus and focus on buying a 3 or 4 bed terrace property or converting a property to accommodate 5 or more students.So before you buy any properties, make sure you understand the local tenant market fully, and buy the right property in the right location for the right tenant.Another way that you can increase rents for each of your properties is to offer properties fully furnished. A fully furnished property will always command a premium in rent because a tenant can literally move into the flat and not have to worry about buying furniture etc as it is all there.This concludes our second article in our special 4 part property investment strategy series. One of the key elements of successful property investment is to focus on rental income and focus on generating good positive cash flows from your property portfolio. So no matter what happens to property prices, you can be sure that month on month, your property investments are making you money. </p>
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  202. <item>
  203. <title>Should Australians Still Invest Properties in the United States?</title>
  204. <link>https://qnqunyiln.info/should-australians-still-invest-properties-in-the-united-states</link>
  205. <comments>https://qnqunyiln.info/should-australians-still-invest-properties-in-the-united-states#comments</comments>
  206. <pubDate>Tue, 21 Mar 2023 12:41:26 +0000</pubDate>
  207. <dc:creator>admin</dc:creator>
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  212. <description><![CDATA[For several years now, people have been trying to call me to ask if it is still a good idea to invest in property in the United States? I have been buying properties in the United States for more than 20 years already.Buying a real estate in the United States started in the late 80s, [...]]]></description>
  213. <content:encoded><![CDATA[<p> For several years now, people have been trying to call me to ask if it is still a good idea to invest in property in the United States? I have been buying properties in the United States for more than 20 years already.Buying a real estate in the United States started in the late 80s, when I got myself involved in the loan debacle and savings. This was when the banking system in the southern states was failing and we even had to make transactions of the property buying and selling without any banking system, since there were virtually no banks around.Now it&#8217;s as if there are bank crisis every 20 years in America. Prices significantly dropped, sometimes 95 cents on the dollar, when I was buying properties. We can even buy properties 5 cents on the dollar! There were even home units that we could buy for as low as $600 and a couple of thousand dollars per house.The fact that the Americans are currently going through a major bank crisis, a lot of Australians are apprehensive to take advantage of the US market. Perhaps you don&#8217;t have to worry about this issue if you are not going to live in the United States.In the late 80s, I did spend a lot of time with some Australians who were trying to save what&#8217;s left from their capital, the capital that they have invested in the U.S. And after 20 years, I&#8217;m doing it again &#8211; helping Australians who lost a lot of money, to get out of the United States and will still be able to keep the remaining capital that they have invested.The American and Australian Culture DifferencesWhy do you think this happened? Why do some Australians invest in the United States and end up being disappointed? Even if we read about 15% returns &#8211; 25% returns. I will examine that fact for you in a little while. But before that, I&#8217;d like to go back to analyzing the differences between the way Australians do business from the way the Americans do business. Most of this is outlined in the book, written in the 1970&#8242;s called, &#8220;American and Australian Cultural Differences&#8221;.In the book that Donald Trump wrote, &#8220;The Art of the Deal&#8221;, he simply mentioned there is no such thing as a win-win in business. It has always been &#8216;I win and you lose&#8217;. Here&#8217;s the first major difference, in Australia, people come first, then the money comes second. While in the United States, it is the other way around, big business and the big bucks comes first before the people. This doesn&#8217;t mean that Americans are bad and we are good, we simply have a different culture. Also, our governing laws lean that way.Our Australian culture and mentality is reflected in our legal system, a system that is shared with both legal and equitable law. Once a judge sees a contract that he doesn&#8217;t like, he can overturn the contract since under the equitable law, which means fair play law. Unfortunately, this is not how it works in the American playing field. The real deal is always on the piece of paper.On the lighter side of playing in the US market is, we both can sit down and talk work out a contract. I can even trade a portion of a property in the US for only $7. As long as we both sign a one page General Warranty Deed or Warranty Deed, that property is bought for $7. And it costs that much because that is what cost me to record this at the local court house and make the purchase. That is the deal whether we had a creative lease option or an installment contract. Unfortunately, if you get into some bad terms, you have no government body to come in and looks after you. The deal is, the dollar comes first.So, if ever you are in a country where the real estate has an &#8220;I win and you lose&#8221; kind of rule, be careful. They do have different set of rules.Here are some interesting stories of what actually happened over the years. Perhaps by the end of this article, some people can instill in their heads that the US may not be the best place to invest, unless, you already live there.US Property ManagementA lot of Australians assume that the US Property Management is handled the same way as it is in Australia. Here, when you buy or sell a piece of real estate, it is managed by the real estate agent. In the US, the people who sold the property to you have nothing to do with the management. Here, it is difficult to find someone who shares the same moral code as in Australia. And if ever you find one, it is expensive, and it can drain you financially.Here&#8217;s an example. Strangely, the American management companies can never bring your money to you in Australia. They seem to have a poor mail service since they lose a lot of cheques. What they do know is, your cheque sinks because Australia could be Atlantis. Bottom line is, it is about taking your money and not let you make a profit.If you choose to go for a good management company, a light bulb may only cost 25 cents, but if you get it installed, it may cost you $88. This is because good management company in the US, only use licensed people, and licensed people are expensive. Since everybody is afraid of being sued in the US, the property manager doesn&#8217;t use anybody who doesn&#8217;t have a license, whether it is a plumbing license, or electrical license.Although a light bulb in the US may last for 15 months, and it is indeed cheap to buy. However, since I have been an absent landlord, I have been charged several $88 to have my light bulb put in the house. And sadly, no Americans can change their own light bulbs.In Australia, we do a lot of stuff using our hands. Americans have been used to being gifted to for so long that they do nothing. When I rent my propertiesI noticed that my rented property in the US becomes un-rentable when: • the carpet is more than 2 years old, and• your property has been painted less than a year ago.In Australia, even if my place has a 10, 20 or even 30 year old carpet, I can still have it rented, even if it hasn&#8217;t been painted in the last 5 years. This is the reason why vacancy in the US is much higher than in Australia.How does this affect the management? We now know that a rented unit, apartment or a house in the US can&#8217;t be rented out unless it is in perfect condition, practically a new condition. This fact costs money. My apartment buildings in Dallas, Texas used to be vacant. I also had a building very close to SMU campus and the students had to move out at midnight. So, I had a crew go in to re-carpet and repaint. The next morning, I had new people coming in, at around 10 a.m. This is clearly an expense that you have, as a landlord.You also have management companies who make sure that they take money out of your pocket. Being constantly charged for various systems like, hot water, heating, and air conditioning which was never in your property.The Systems That Drains Your PocketHow about air conditioning? Most (if not all) of the properties in the US have air-conditioning. And air-conditioning is simply expensive. It would be great if the US tenants clean the filters. Unfortunately, they don&#8217;t. If that happens, your air conditioning systems get burn out. It would take another $300-$400 to have your air conditioning coils cleaned and have new compressors put in. This obviously drives you nuts! Another situation is the ice maker. American houses have an ice maker and every time you replace it, it costs $130 plus another $150 for the service call. That&#8217;s almost $300. Ice makers will last for 24 months.If you have 2 to 3 tenants who constantly change the temperature of the air conditioned properties, this can fry your air conditioning unit. You adjust the air conditioning system since you have tenants and unfortunately, they don&#8217;t respect your equipment. You will end up spending a fortune just for your air conditioning and heating systems. What may be standard in the US is not the standard in Australia.The management normally gets 10% of the gross income. A lot of American management companies get their kickbacks from the service tradesmen who are constantly sent out to the properties. Obviously, the landlord is not the priority of the US property management company, the tenants are. Whatever these tenants want, they get. No matter how careless these tenants are when using your equipments, no matter how constantly they burn up your cash flow or profits. These are just some of the things that never happens in Australia. Here in Australia, we serve people to live in is bottom of the range, Americans can&#8217;t be served this way.Most Americans don&#8217;t pay their rent. Those tenants who do pay rents in the US have a lower percentage compared to the Australians who do pay their rent. They even have a book that&#8217;s called &#8220;500 Ways to Rip Off Your Landlord and Never Pay Rent&#8221;. This book costs $19.95. You are simply in the area of big business, I make money and you don&#8217;t. A lot of these Americans don&#8217;t pay their rent. That&#8217;s how the business is &#8211; Americans do not pay their rent!A lot of Australians ran into these US properties with cash intending to refinance later and only to get their cash returned by creating more debt. The properties were cheap when bought because you can&#8217;t get financed. You will need to put all your cash in there and eventually bring out your cash out.If ever the management has left you any money, they will get it back from you by charging you all sorts of jobs that were never even done, like a house that has never been painted. That&#8217;s how landlords are eaten alive.Also, here&#8217;s something worth knowing, the American roof only lasts for 12 years. Ever wonder why the suburbs blow over in the storm? That&#8217;s because American houses do not have any steel nor cement in them, which are important. American houses are made of wood and bricks on the outside. The bricks aren&#8217;t even thick enough to hold up the house. They are only slate style brick which is an inch wide. Unlike Australian household brick, around 3-4 inches wide. This can actually hold up the house.For the American houses, the wood behind the brick face holds up the house. So the brick is just a fascia plate. What happens when a big hurricane comes? It wipes out the entire suburbs of this American house, simply because there are no bricks and no cement.What about the bathrooms? Here&#8217;s a revelation. They do not have any water nor sink hole for the water to go all the way down. The American bathroom floors are just made of plywood, standard of five ply. I change the bathroom floors every 4 years since it only costs $ 300 &#8211; $400&#8230;if you do it yourself. Yes, it is necessary to change the bathroom floors every four years, in case you didn&#8217;t know. As mentioned earlier, the American bathrooms do not have any drainage hole. So the water sits on the floor which is often carpeted. Eventually, it rots, that&#8217;s why it is a must to change your bathroom floors every four years.Another thing you should know is that American sewer pipes are 2 inches, not 4 inches. Expect to be fixing blocked toilets every so often. In order to have it fixed, you would need to call the Rotor Router guy and pay $90. It is the standard way of fixing blocked toilets.Your tenants will be blacks, whites or Hispanics. A lot of Australians do not realize that when they buy a cheap property, they do not understand where they are buying these properties. What kind of neighborhood it has and such. The Hispanics are great. They actually pay their rent even before they feed their children. But did you know that there is this expression called, &#8216;they&#8217;re hard on the machinery&#8217;, the Hispanics are really hard on a property. Perfect example is, they use lard when cooking. Lard is fat. They pour this lard down your sink, which causes the sink to get clogged. Which means, that you will need to call a Rotor Router guy every three to four months. Or perhaps, your managing agent will be the one to do this work for you. Making you spend more because they had to unplug all your pipes.I knew this one gentlemen who lived in the Sydney suburb of Roseville. He bought 52 cheap units. What he didn&#8217;t understand was that it was 52 units of Hispanic residents. This man ended up financially crippled because of the operating expenses of the Hispanics.The Hispanics, like to sit in the back of their pick up trucks and shoot their guns on a Friday or Saturday night, which is fine. They like to drink a lot, and in many of the States, there is no drunk driving laws. So I would often dig a pick up truck out of my swimming pool full of these drunk Hispanics who drove their pick up through my fence and straight into the swimming pool. What makes it harder is, majority of these Hispanics don&#8217;t speak English at all. And it is expensive to get tow trucks at 3 in the morning.The sad thing is, when Australians buy a property in America, they think that it has the same system and set of standards as it is in Australia. You have to remember that America is a totally different market. They think, do and act things differently. The carpets do not last long, the paint does not last long either. Although it is cheap to paint and you only need to spray the paint using spray gun. Nobody uses brush anymore because spray gun is a lot easier to use and you need to repaint after 2 years.Currently, I am assisting a lady who has a property in New York. Her agent put the property for $1.3 million on the market. Even to this day, I do not think that her property is worth anywhere more than $900,000 in the present market condition of the US. This agent has produced a back pocket buyer who don&#8217;t really exist. He would actually report someone trying to buy the property, and then not buying the property. There would be reports that this house does not have tenants when in fact there has been tenants in there for 9 months already. The agent collects the money and puts it in their back pockets telling the owner, &#8220;I&#8217;m sorry, we can&#8217;t get any tenants&#8221;.When you do find out that you actually have tenants in your properties, your management people will keep telling you there isn&#8217;t and they&#8217;ll just draw off the money and you&#8217;ll keep paying the cost.The main idea here, intentionally or unintentionally, is to make you financially bleed. Until such time that you decide to sell the property back. Surprisingly the management company has a back seat buyer who will take pennies on the dollar. I have witnessed this incident so many times.What about your lawns? What happens if they don&#8217;t get mowed? Your the management company does not take care of this. They do not organize anybody to mow lawns since the city is going to come in and mow the lawns for you. Simply because they have city codes and ordinances that you need to make your house look clean and tidy. If you do not make your house look clean, the city will come in and make it look clean and tidy, then you get charged for $400 for having them do that for you.You are not allowed to park your car on the street, that&#8217;s the rule for most parts of America, because if you do, you will be charged any towing costs. And you now have a lien to the city. If you are in Australia, you may not find out about this because the notice is probably sent to your American mailbox or even to your American property manager, which is the usual case. Your American property manager does not pay it. He goes out of business or simply destroys it. Since you don&#8217;t know what&#8217;s going on, the city sells your property from under you. The city wants its money back for its $400 lien, and will take your property to foreclosure and even sell you out.This is what you hear or watch on late night television, the city tax lien sales. This is where the city owed money on properties. Next thing you know, they will just sell your property up and you will just find out that they either sold your property or they have condemned it.Your property has a burst pipe flooding problem which is why the city will condemn it. We had the same issue in Dallas, Texas. That is a hot State and it simply means that you will have to constantly run those taps. So during the winter, if I don&#8217;t get all my piping blown out, there&#8217;s a huge risk that my pipes will burst during the winter months. Then I have major flood damage. Another term used for having the pipes blown out is winterizing. This leaves me two options, to have it winterized and cost me, or make sure that my taps are dripping and make sure that the house is above 68 degrees- which will also cost me on air conditioning and heating system running 24/7.Oftentimes, you get it wrong. Your pipes will burst while you are not around to fix and sort things out. So the city comes by, and condemns your property. They will condemn it by putting a huge tape across the front door. Worse is, the homeless people will move in and will destroy whatever&#8217;s left of it. They can even sue the city if they hurt themselves in a city condemned property which may lead to having to remove your house from the lot. They will leave you with what is called a PAD. This has happened a lot in the United States in the early 90&#8242;s. You will have nothing there but a cement pad. If you look at the bright side, the cement pad is clean and smooth for you to rebuild another house.These are just some of the things we don&#8217;t do in Australia. Many Australians get lost and confused by this. They sell their properties for $19,000 without understanding that they have black tenants who sometimes do guns and drugs and don&#8217;t pay the rent. So, if I was an American and I wanted to sell you some properties in Australia, I will put phantom tenants in the properties, create a bunch of leases that will show how much they&#8217;re supposed to pay and for 2 or 3 months. I will also make sure that the money goes through the books to encourage some Aussie sucker to buy properties.Aussies come in and their tenants don&#8217;t pay rent. All of these guys carry guns, unless you want to start learning how to use a.44 hand gun in order to collect rent, then you&#8217;ve to start getting these guys, who are doing drugs, out of your house. American properties can be bought for as low as $8,000 simply because nobody goes there. This neighborhood is the gang areas, the drug houses and the house of prostitutes. Australians are not used to this. There are a number of gun carrying States in America. People either strung out on drugs or get shot and these are the cheap properties that Aussies start buying.The issue here is not because the Aussies are buying cheap properties. The point is, they do not understand why it is cheap. They need to know that the Americans won&#8217;t touch it for many reasons. Most of the US mortgage companies do not lend money less than $50,000 and because of this, you cannot get your cash out. So even if there&#8217;s a buyer for your $40,000 or $45,000 property, an American cannot get this because of the loan size. Although it used to be $35,000, now they&#8217;ve increased it to $50,000-which is the minimum loan size.If that&#8217;s the case, most of these Hispanics, blacks and the people who live in this neighborhood cannot buy it since they do not have the 50 grand to spend for this property. They cannot borrow it because the loans don&#8217;t exist. Only thing left for them to do is to cash out.The investor will cash out the money, not the black person, nor the Hispanic person. This investor will take you out at $20,000 initially. Then he will walk in and string you out. He will do this because he&#8217;s the only one with the cash and you will find out that you are going to get about $20,000.Whenever people talk about these gross yields in America, what they say is, this property is gross yielding 26%. But it is important to remember that is before an amount of your money is taken out from repairs, maintenance, vacancy and other unforeseen expenses. My property, where I used to live, is 17.4 % of every dollar in up keep. It is indeed cheap to get parts for US houses. If you are in the US doing everything yourself, it would have been great. But if you actually live abroad, and you have properties in the US, that&#8217;s when it&#8217;s a killer. What will drain you financially is the cost labor of having someone to do the job while you are not around.Another burden foreign landlords need to keep in mind is the airfares, of flying back and forth to the US, not to mention the overseas phone calls and the time difference, when you have to get up at 5:00 am in Australia just to speak to somebody in the management office. Unfortunately, you don&#8217;t get to speak to anyone, because everybody has voice mail. The fact that you cannot speak to a live person drives you nuts. You will also notice that your cheques won&#8217;t arrive. That American banks won&#8217;t wire money to Australian banks unless you have filled out different legal documents.You have a whole bunch of extra paperwork from the new Patriots Act that Bush brought in. This whole stack of paperwork will stress you out to the point that you would simply want to pull your money out of the US back to Australia.Up to now, I do not know any Australian who made a profit from buying and holding a property in the US. But people still call me, people who bought properties in the US looking forward to getting a big profit. Fact is, that day may or may never come.Here is another story for you. I bought a 22 home units property from the US government and I owned it for 2 years. Well, it took me 2 years to fix things in order to buy it from the government. My cash flow should have been $11,000 after all my expenses. I have hanged on for 2 years and I never got a check above $1,500. Like their system, it goes, and disappears.You need to understand their structures, the LLCs, S Corps, companies, everything. You will need to do all these tax treaties and corporations with the US government. An average Aussie accountant will not be able to do your taxes any more. You&#8217;ll end up going to Coopers and Lybrand, the biggest companies in Australia to do your taxations, and because they understand the structure in the US. The LLCs, S Corps, C Corps, all these things that you have set up in the US.For Starters, these guys will charge $300 per hour. Here, you will discover that your tax bill will come from $1,000 up to $15,000 a year just to acquire an Australian and US tax return done. That would surely kill you. This is what you call, the on cost of doing business.However, if you do live in the United States, you will absolutely profit from it. You will earn a lot from buying and trading properties in the US, simply because Americans forget about equity. For them, real estate is not an investment vehicle but a consumer item, that as soon as they are finished with it, they can leave and move on. If you are in the US, you&#8217;ll witness this yourself. The Americans will know that Aussies have not left for Atlantis to live there, they will realize that you can show up the next day with a double barrel shotgun, demanding to get back your money, so you can make profits &#8211; BUT, that is only if you are physically there.We can take advantage of a lot of situations when we are there in the US. I made a lot of money when I was buying, selling, trading properties. But we have to understand how real estate trading works in the US. My objective of writing about this today is to recognize two essential things. We may speak the same language as the American, but our philosophy about business is totally different-which is, &#8216;they win and I lose&#8217;. Majority of Australians who invested in properties in the US do not go through this without legal battles.In the US, people sue each other. This isn&#8217;t about just winning, it&#8217;s about making the other guy bleed and dry. Whoever gives up first will comply to what the opposite party wants. This is the painful reality of real estate business in the US. I&#8217;ve seen a lot of Australians go into that industry in the US market, and will eventually come back broke, drained and stressed. They do not get anything near their returns at all. And yes, your cheques will mysteriously get lost in the mail.My ultimate message is, spare yourself from this painful experience. If you want to earn money, you can earn it here, in your own backyard, without having to buy any airline ticket, dealing with US corporations, learning and understanding a different country&#8217;s system and way of doing business-the hard way. Yes, we do speak the same language as them, but they do not do business the way we do. It may sound appealing and sexy to say that I&#8217;m off to see my house in Florida, but there are more negatives than positives in this experience. Find the same opportunities here in Australia.When you see US figures for yield returns, find out what the net yields and figures of the net return. Consider the repairs, maintenance, vacancy and other surprising expenses that will come your way. Brace yourself from disappointments. Don&#8217;t say I didn&#8217;t warn you. This is probably your way of knowing and seeing what properties in the US can do to the investor.I also came across an e-book about an author who shares his similar experience when buying a property in the US. In case you want to read about this as well, you can find it on http://www.seekingfortuneinnewyorkstate.com. </p>
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