Construction Loans

February 1, 2012

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Excerpt: Before you sell yourself short, talk to a mortgage company. Many lenders are more than happy to lend you money for a lucrative project, because it means profitable business for them too. Construction loans are the backbone of many mortgage company portfolios, and if you own a vacant lot that has market value, lenders will normally lend you money based on the collateral of the vacant lot. You get cash to build a new house, and after you sell the completed project you can pay back the loan and pocket the profits. Other construction loans allow you to borrow money…

Condotels Meet Investors’ Business and Leisure Objectives

February 1, 2012

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Excerpt: What could be better than owning a vacation home and earning rentals when you aren’t using it? Until recently, John Thomas with his Filipina wife from London, UK, owned a traditional vacation home, in Metro Manila, Philippines. But after a year away from the country they arrived during the summer holidays to find the tenants that were renting the property had run away leaving the property abandoned and his caretaker, whom was no longer to be found, had pocketed the rent he sold the house and bought two condo hotel units instead. Now, Mr. Thomas and his family own Condotel Suites…

Commercial real estate investment is reaping benefits for investors

January 31, 2012

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Excerpt: ‘Commercial real estate investment’ refers to the class of real estate that is primarily meant for investing money for profits later on. Examples of such properties include: • Restaurants (including franchises) • Retail • Office buildings • Self-storage (Mini-storage) / industrial • Strip malls • Hotels (also called “hospitality”) • Multi-family / apartment buildings Why invest in commercial property? Unlike residential real estate, Commercial real estate investment is evaluated, bought, and sold based purely on numbers – on a set of factors that describe what kind of return on investment you can expect with the property. Most Commercial real estate investment is expected to make a return for you on an on-going (monthly) basis. With the…

Colorado real estate Colorado real estate: does it rock?

January 31, 2012

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Excerpt: We know that Colorado is known for Rocky Mountains. But does the Colorado real estate rock as well? Though Colorado real estate doesn’t rock that much, as per the statistics (and when we compare Colorado real estate to others like Florida real estate or California real estate). However, there are people with contrarian views as well. And believe me, contrarian views do sometimes get huge profits for you, because in such circumstances you will generally face lesser competition from other real estate investors and you can probably get a Colorado real estate piece for much lesser than it actually is…

Condo-Hotels – New Hotel phenomenon set to sweep the Philippines

January 31, 2012

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Excerpt: Interest in the Philippines condominium hotels sector has increased significantly in the past two years following many years of intermittent development and association with other shared ownership vehicles, says Beth Collingz in her recent report: ‘Condominium Hotels-The Philippines Latest Hotel Phenomenon’ Beth Collingz, Overseas Marketing Director, Investment Sales for PLC International Marketing the lead marketing partners for Pacific Concord Properties Inc’s Lancaster Brand of Condotels in the Philippines explained: A condominium hotel is a hotel operating unit which is sold to individual equity investors, where each owner acquires a room, suite or studio whilst the whole enterprise is managed as a…