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Jets.Com Launches Luxury Brand Partnerships Luxury Jet Charter Company JETS.com Launches Strategic Brand Partnerships on Board Select Flights
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New Sales Executive Joins Desert Mountain Real Estate, Represents Private Luxury Community in Scottsdale Featuring Arizona Golf Course Homes
Wendy Drost has joined Desert Mountain Real Estate as a sales executive.
ViSalus Sciences Rewards Top Distributors With Vi-Cruise Voyage to Cabo San Lucas
ViSalus Sciences, a wellness company leading in the developing of nutritional solutions, rewarded its top distributors with a five-day cruise to Cabo San Lucas in the company's third-annual Vi-Cruise. The Vi-Cruise was a way to thank distributors for sharing the innovative ViSalus nutritional supplements with others.
Executive Jet Management Expands Midway Airport Charter Office to Address Increasing Demand for Charter Services
Executive Jet® Management (EJM), a leading provider of worldwide private jet charter and aircraft management services, has expanded their Chicago Midway Airport office.
Diva Limousine and Halcyon Jets Form a Strategic Alliance to Provide Seamless Luxury Jet Charter and Ground Transportation Services to their Elite Cli
This strategic alliance will give both companies a clear leading-edge in the marketplace as well redefine luxury jet charter and chauffeured ground transportation service.
Casa Dorada, Los Cabos, Resort & Spa, Opening January, Ups the Ante in Cabo San Lucas
Highlights of the new, deluxe beach resort include a Saltwater Spa, Global Cuisine inspired by the Bible's 12 Tribes and 13 Stunning Penthouse Suites.
Fishing in Cabo San Lucas, Mexico
Fishing in Cabo San Lucas If you are interested in the finest Marlin fishing year round; Cabo San Lucas, Mexico is the place to go. With an abundance of Marlin populations, Cabo San Lucas is known as the ?Marlin capital of the world?. The beautiful blue waters of the Baja Peninsula bubble with bountiful Striped, Black, and Blue Marlin.
New Flight Charters Announces New Regional Jet Available for Private Charter
New aircraft expand company's private jet charter availability -- New Flight Charters, a leading aviation charter company, announced today the new availability of a private 30-passenger Regional Jet, the Fairchild Dornier 328 Jet, to it's nationwide private charter service.
80 Foot Luxury Schooner Sets Sail at Cabo Resort
Marquis Los Cabos Beach, Golf, Spa and Casitas Resort in Mexico offers guests romance and adventure on the high seas with its new 80-foot Turkish schooner, sailing the Sea of Cortez. The latest addition to Marquis' arsenal of luxury experiences, the Novia Mia (aptly called My Girlfriend) debuted this month at the Marina of San Lucas. The air-conditioned Novia Mia, managed by local company Barcos que Cantan and operated by Marquis Los Cabos, houses six comfortable cabins with bathroom; one kitchen; two dining rooms for indoor and outdoor dining; sun deck and TV with DVD player.
Real Estate Foreclosure Services - Arizona Short Sale Office Offers Foreclosure Help To Home Owners
Arizona Short Sale Offices Offers Home Owners Real Estate Solutions For Alternatives To Foreclosure. Behind on Payments, auction date has been set, owners of real estate has options to stay in your home. Phoenix Foreclosure Assistance is Available through the Arizona Short Sale Office which offers government assistance through FHA secure programs.
Adare Manor Hotel & Golf Resort: The Melting Pot Of Luxury, Service And Of Course, Golf
In 2002, the prominent Conde Nast Traveler Magazine's People's Choice Awards named the Adare Manor Hotel & Golf Resort as the number one European resort. Just looking at the pictures of this luxurious place would make anyone agree and have the urge to pack up their bags and go straight to the airport, even though you're not even a golfer.
The Villa Group's Desert Spa Makes a Splash with Grand Opening in Cabo San Lucas
Baja's largest spa facility complements trio of properties on El Medano Beach.
Luxury Home Magazine Opens Two New Publications & Hosts Lavish Seattle Luxury Real Estate Event
Luxury Home Magazine expands with new publications in Westchester County, New York and Silicon Valley, California. In Seattle, Washington a $6M+ Queen Anne estate serves as a dramatic stage for an all out "Luxury Event."
Private Luxury Community Desert Mountain Debuts New Luxury Golf Course Real Estate Home Series: The Haciendas
Premier private community in North Scottsdale features courtyard style homes.
Cabo Riviera Marina and Golf Resort to Begin Construction on the East Cape of Baja
The East Cape of the Sea of Cortez has long been know for world class bill fishing but without a Marina to harbor larger sport fishing boats. Cabo Riviera will solve this problem with a new Marina and Golf resort located in La Ribera, BCS, Mexico. Over 400 channel lots will provide waterfront moorings for home buyers along with two five star resorts as anchor tenants.
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Real Estate Investing with Bad Credit!
By being creative, you can play the game of real estate investing by using what is called Option's investing. This is just one technique of the Option's strategy of investing but can be a power tool in your investors toolbox to help you control more real estate and build wealth. An option is an agreement to you from the seller that gives you the exclusive right to buy a property during a specified time and at a predetermined price but does not obligate you to make the purchase - This is why it's called the Option agreement. You option to buy - You option not to buy. Option investing works when you want to control more real estate with limited out of pocket cash or credit and works if you: Have no credit!
Can't pay cash!
Can't get a loan! I call this the "SWEAT OPTION". The sweat option works well if you have the ability to do the repairs yourself. Your key's in making a deal like this are: You need to know the basics of real estate investing
You need the forms to make this happen
You need to know the market area
You need to know the laws in your state
You need to know how to determine the value of the subject property
You need to know how to do a title search Most importantly you need to know how to find sellers that are motivated enough to work with you on this strategy of investing. I recommend that you farm out your market area looking for properties that are what we call in the industry FSBO's (For Sale by Owner). Go to your local library and start your research by looking at old newspapers starting with newspapers that are 90 days old and work your way through the FSBO's section making a list of possible deals. Working on a list of 30 or so. Call and see if the property is still on the market, if so make an appointment to see the property! You will find that none owner occupied properties work the best and you are looking for properties that can not compete well with other homes do to repairs that need to be done. Let's say the seller has a property that is worth $100,000 after the repairs. I like using a 5% rule for repairs - If the value of the property is $100,000 after repairs, I do not want to spend more than $5,000 or 5% in repairs. I would negotiate say an option purchase price of $80,000 for a period of 6 months or more and in the option agreement to perform the repairs at my cost to be my consideration for the option of purchase or should I say the $5,000 in repairs, materials cost and labor to be considered as credit towards the purchase of the property (My down payment) and what ever monthly payment we agree to and credit amount of that monthly payment. So let's say we agree to pay $600 a month with $100 a month credit towards the purchase. You start you're repairs and complete them in 30 days or less and let's say you purchased $1,500 in materials. Now you place the property on the market because you have the option to purchase "You have taken control of the property with your option". Let's say this deal has taken you 90 days from the beginning to the end. You find your buyer let's say at a great deal of $95,000 - $5,000 below market value at this point you would simply exercise your right to the purchase option and do a simultaneous close. Now let's run the numbers Your option purchase was $80,000
Your option credit of $5,300 (Repairs, materials cost, labor & monthly credit)
Your purchase price after credits $74,700
Your buyer purchase price of $95,000 Leaving you a gross profit of $20,300 You had out of pocket material cost of $1,500
You had 3 payments of $600 each with $100 for the credit purchase with an out of pocket of $1,500 Carrying cost of $600, (Real estate taxes $300 &$300 Utilities)
Advertising cost $300
Closing cost $1,300 Your net profit $15,100 You simply took control of a $100,000 property for $3,900 (payments, materials, utilities, and advertising) and turned a profit of $15,100 in 90 days! Look at it this way you can make it a cash purchase at $80,000 and take control of one property or be a little creative and take control of the same property for less than $4,000. Both conservative and creative deals work in the world of real estate investing. Good luck and I hope this will help some of you! Copyright 2005 JMichael Investments You have permission to publish this article electronically or in print, free of charge, as long as the bylines are included. A courtesy copy of your publication would be appreciated - send to John@jmichaelrei.com "Join me in the Bahamas or Marietta Georgia"
John Michael - Investor/REI Teacher Join me on a Bahamas Cruise: http://www.realesmartplanner.com Join me in Marietta Georgia: http://jmichaelrei.com/html/rei_seminars.html My site: http://www.jmichaelrei.com/ Email: John@jmichaelrei.com
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