COA TeleCenter Real Estate Pro

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Trailer - "H*Commerce: The Business of Hacking You"

The world wide web has become the wild wild west: ruthless, lawless, every man for himself. Each day billions of online scams are targeted at anyone and everyone in cyberspace, and if only a tiny fraction are successful, it's still incredibly lucrative. "H*COMMERCE: The Business of Hacking You" explores the inner workings of this dark trade and exposes how opening just one malicious email can disrupt a life or tear a family apart.

John Vogel Subprime Mess

The sub-prime mortgage mess has many implications: new barriers to getting a mortgage, the tumbling stock market, and yes, maybe trouble getting investment dollars for that cool start-up.

50 Cent Talks About Getting Rich And "The 50th Law" On CNBC (VIDEO)

REALTY EXECUTIVES International

It's Easier to buy a $5,000,000 Apartment Building That A Single Family Investment Property by Joe Florentine

Top 10 Reasons Why It's Easier To Buy A $5,000,000 Apartment Building Than A Single Family Investment Property.

The day my life changed forever. It started with a phone from my good friend and banker of 15 plus years “Joe, I can’t believe that I’m going to say this, but your mortgage application has been denied”. (I had done hundreds of residential deals, had an 800 credit score and 25 on their projects.

Here is why I, and you probably should too, move from residential to large multi family projects (commercial)

1. Funds are available for large multi family properties, but not for residential investment homes.

President Obama said during his Economic Recovery Act Speech, "there is no money available for you speculators" and he meant it. Try to get a loan for a residential (1-4 family) non-owner occupied property and see the results for yourself. The days of stated income loans for residential investors are over. If you have been in the residential investment game for a while, you already know it, if you are just starting out; you will experience this problem on your first residential investment deal. Its cash, hard money at 12 LTV or you’re done.

The good news is that government backed funds are plentiful for larger, multi-family properties. This presents tremendous opportunities for those who know how to access the funding sources.

Click here: http://www.usapartmentfinancing.com/moreinfo for an Insiders Look at High Leverage Financing, by Durante Parks

2. You don't have to personally qualify for the loan, the properties qualify.

Imagine that! Anyone who has ever attempted to purchase a residential investment property (1-4 family) has encountered the issue of personally qualifying. Sure the rents may cover part or the entire mortgage, but the lender only considers a percentage of that income toward your ability to pay the new mortgage. You need, tax returns, financial statements, proof of funds for down payment, etc. Not only that, but of course your FICO score becomes a big factor. Get through all of this and every time you buy another residential property your FICO score drops and you are viewed as more of a risk to the lenders. The more successful you become in this arena, the harder it gets......

With commercial financing, the properties qualify for the loan, not you. It's not on your credit report, etc. The more successful you become, the easier it gets.....

Click here: http://www.usapartmentfinancing.com/moreinfo for an Insiders Look at High Leverage Financing, by Durante Parks

3. Loans on large multi family properties are fully assumable.

Ever try to assume a residential loan without having to qualify for it? Not happening, at least not since the early 80's when FHA and VA loans went from "fully assumable" to "qualifying assumable". It's the same as having to secure a new purchase money mortgage, so unless the interest rate is very attractive, it's never done.

The first home I ever purchased was a little bungalow for $25,000. It was 1980, I was 20 years old and didn't qualify for a $200 limit MasterCard, but I assumed a $23,000 VA loan, no questions asked.

The same criteria hold true to this date for large multi family projects, but very few know about it.

With the financing on large multi family buildings, the loans are fully assumable. Remember, the properties qualify not the buyer. You can buy 100 + unit apartment complexes without qualifying, no verification of funds, no credit report, no tax returns, just knowledge on how to properly structure the deal.

Click here for an Insiders Look at High Leverage Financing, by Durante Parks

4. You ARE NOT personally obligated to repay the loan.

Try getting a residential mortgage and tell the lender that you don't want to personally guarantee the loan. Not happening! We have been conditioned that all loans have to carry a personal guarantee. It's incorporated into every residential mortgage, by every lender in the country. Of course they want recourse if you default, they get the property and then have the right to a default judgment for any balance that may be due after they liquidate the property. Residential loans carry "FULL RECOURSE" to the mortgagee.

Larger commercial loans are "NON RECOURSE" to the borrower. The property and its ability to generate cash flow is the lenders security, not you personally.

Click here: http://www.usapartmentfinancing.com/moreinfo for an Insiders Look at High Leverage Financing, by Durante Parks

5. Multi Family Properties are built to CASH FLOW, single family homes are not.

Single family homes are designed, built and priced for owner occupants, not for cash flow. Study the numbers on almost any single family home and you will discover that after you pay the mortgage, taxes. Insurance, utilities, maintenance, etc, you will lose money every month. Single family homes are terrible for cash flow despite what the residential guru's on TV tell you.

Multi family properties are designed, built and priced to do one thing and one thing only, "make money". Lenders lend based on the fact that there are sufficient funds to cover the debt obligations, not on what your credit score is, or what the house down the block sold for or what your personal income was last year, etc......

Click here: http://www.usapartmentfinancing.com/moreinfo for an Insiders Look at High Leverage Financing, by Durante Parks

6. The value of the property is magnified by a slight increase in rents.

The value of residential property is determined strictly by recent comparable sales in the immediate area. There are really only 2 ways for residential homes to increase in value; a) you add value by physically improving the property or b) you own it long enough for the area to appreciate. So you either spend some time and a considerable amount of money to make the improvements, or wait, lose money every month and justify it by saying that "I have a good tax write off".

Large multi family properties are valued by the capitalization rate (cap rate). This is easily determined by multiplying the net operating income (NOI) by the standard cap rate in the area. Without getting into too much detail, if you had a 100 unit complex with rents at $700 per month and expenses at 35 per year for 2 years, the property would now be worth $5,300,000. That’s an increase in value of $700,000 in just 2 years. No rehab, no improvements, no headaches, etc. Easy to refi or cash out if you choose.

Click here: http://www.usapartmentfinancing.com/moreinfo for an Insiders Look at High Leverage Financing, by Durante Parks

7. No tenants and toilets to deal with - Professionals manage the property.

With residential investment property YOU generally have to manage it. The property can't cash flow to begin with; there probably is no budget to hire a management company to run it. You go from watching the guru on TV sitting by the pool telling you how great your new lifestyle is going to be once you buy a couple of homes, to fielding leaking roof calls and clogged drain problems on Saturday nights.

With the larger properties a professional management company handles all of that for you. It's budgeted in just like taxes and maintenance. The lenders require a professional management contract be in place at closing. They handle all the problems; they are staffed for it and deal with repairs, collecting rents, renting vacant units, etc. They send the funds to you. You never have to deal with a single tenant, yet you reap the rewards. Now you have a lifestyle.

Click here: http://www.usapartmentfinancing.com/moreinfo for an Insiders Look at High Leverage Financing, by Durante Parks

8. Distressed residential properties will distress you while larger multi family properties will provide a lifestyle.

Anyone who has invests in residential Real Estate is taught to go after the distressed properties, foreclosures, pre foreclosures, sheriff sales, etc. The problem with this process is that those type properties breed lots of distress for the buyer. If you have ever purchased one of these properties, you know exactly what I mean. If you have not, be prepared for many issues including getting utilities on and doing bank and/or municipal required improvements before you own the property, etc. You don’t own the property, so you can’t repair it, don’t have the right to turn on utilities, yet you need these items to secure a lender’s commitment. Get through this, then buy, renovate and find a buyer at a profit, then you will probably run into a “seasoning” issue. Seasoning has come into play due to all the fraudulent house flips over the past few years. Government backed funds; FHA, etc will not allow a new buyer to purchase your property for more than the purchase price that YOU paid for a minimum of 6 months. Up to a year, you need to provide all kinds of documentation regarding the amount you spent to renovate and improve the property. Your carrying cost, closing costs, etc do not count, and oh did I mention, there is no line item for your profit. Essentially you can do everything right, but still be stuck with the property for a year unless you can find a cash or non conventional buyer.

The hardest thing that I had to overcome when graduating to the commercial arena was putting the distressed mindset behind me. In residential you have to have a distressed situation to create a profit, in multi family, remember, the properties were designed to make a profit; you do not need distress to be profitable, the cash flow is already there by design.

Click here: http://www.usapartmentfinancing.com/moreinfo for an Insiders Look at High Leverage Financing, by Durante Parks

9. With a little knowledge you can own apartment buildings with little or no money.

Again, residential investment property requires down payments, qualifying, front end and back end ratios, good credit, proof of ability to pay, etc. This amounts to a considerable amount of time, aggravation and work for a relatively small upside. You can participate in this arena for many years and never achieve the cash flow and lifestyle that you seek.

With commercial projects, remember it’s the properties that qualify, not you personally. There are several techniques used to acquire large multi family properties with little or no money. You can replace the $1,000,000 deposits with the knowledge on how to structure the deal and the right financing contacts in place. The knowledge that you need is not Real Estate, it’s actually financing. It’s easier than you think to understand the commercial financing game.

Click here: http://www.usapartmentfinancing.com/moreinfo for an Insiders Look at High Leverage Financing, by Durante Parks

10. What all the Real Estate Guru’s don’t teach you. Understanding financing is the key to wealth in Real Estate.

“Buy low, sell high, buy homes with no money down and rent for cash flow, option homes and flip the contract, flip assignable contracts ……” We’ve heard it all for years and years on end by the Guru’s on TV making it all sound so easy and glamorous. The problem with these strategies is that it’s always about the Real Estate itself, but never about the real key to wealth in Real Estate, understanding and structuring the financing.

If you had an unlimited supply of your own funds, do you think you would be successful in Real Estate Investing? I’m sure that you would. The thing that holds most of us back from achieving our dreams is the lack of capital and/or access to it. Understanding how to secure favorable financing for your projects is by far the most important element in the transaction. When you move to the commercial arena, the Real Estate part is simple. In less than 5 minutes, you can determine the value of a property anywhere in the United States.

Click here: http://www.usapartmentfinancing.com/moreinfo for an Insiders Look at High Leverage Financing, by Durante Parks

Conclusion: It's easier to buy a $5,000,000 apartment building than a single family home.

“When the student is ready, the teacher appears”. It’s no accident that you have stumbled upon this article. It’s your prepared mind meeting with opportunity. Just like my chance encounter with an old friend that I had not seen in over 10 years who wrote down Durante Parks' website address on a napkin and told me that Durante could teach me how to buy apartment buildings easier than houses; you happen to be at the right place at the right time. Just a couple of months after this chance encounter, under Durante’s training, I am purchasing 2 large multi family projects, with no money out of my pocket, plus I'm developing a solid income by providing financing to investors looking to do the same. A day that started out as a disaster, turned into the best opportunity of my life.

If you would like more information on how you can go from residential to large multi family projects, I encourage you to start by simply reading a report containing an actual case study where 102% financing was obtained on a $10,000,000 multi family transaction. The report is written by my mentor and brilliant commercial financier, Durante Parks. The report is posted for free with Durante's permission at this link: http://www.usaprtmentfinancing.com/moreinfo Insiders look at High Leverage Financing

This is a "Shareware" Article

This article is shareware. Give this article away for free on your site, or include it as part of any paid package as long as the entire article is left intact including this notice. Copyright © 2009 .


About The Author
Joe Florentine is Managing Member of US Apartment Financing. Joe is an award wining builder/developer, a licensed Realtor, and has 25 years experience in buying, selling, building, developing and investing. He has been featured in Financial Freedom Magazine, Channel 12 news, The Star Ledger, Asbury Park Press and Coast Star newspapers. Under the guidance of Durante Parks, Joe has recently moved from residential to large multi family projects.

The author invites you to visit:
http://www.usapartmentfinancing.com

How the Stimulus Bill will Hurt the Housing Market by Justin Tibble

How the Stimulus Bill will Hurt the Housing Market

The idea that government can some how prop up housing prices that where grossly inflated, largely due in part to the government’s involvement in the housing market in the first place, boggles my mind and leaves a lot of unanswered questions. First being is how are we going to pay for all this new spending and what happens when all this printing of money causes run away inflation, which will have a direct negative impact on the housing market, by the Fed having to raise interest rates in order to control inflation. Higher interest rates will lead to higher unemployment due to the fact that employers can’t obtain affordable lines of credit in order to meet payroll and other short term debt obligations. This is a very real threat that this administration as failed to address and for good reason. Because reality is this; it doesn’t matter what action they take to “fix” the housing market, all attempts of trying to reverse the market is going to do more harm than good and many politicians from both sides of the aisle know this. But they feel the overwhelming need to act, even if it’s going to do more harm than good, for nothing else then to give the impression they “care”, but in reality the only thing they really care about is getting re-elected.

The wisest action of our politician’s is inaction, stop trying to be the hero’s you’re not, you’re making things much worse then need be. All of this bad debt has to flush out of the system, so the markets can correct themselves. If correcting of the market’s means some businesses fail and people lose their homes, which it will, so be it. It is a hell of a lot better than the alternative. Failure is not the end all; instead it’s a fresh start to a new beginning.

But oh no, can’t sit by and do nothing, that would be politically unacceptable. So what they do; they pump massive amounts of our money into pet projects along with giving billions more to the banks, all in the name of saving the economy. But as we have seen with the first 350 billion it didn’t go as planned, which was predictable considering the situation. Instead banks took the money and hoarded it to shore up their own finances and acquire other banks. It did nothing to increase the demand for housing as sales numbers point out. If I as an individual am hemorrhaging money to the point where I am on the verge of being insolvent, you think that I am going to do the same thing that got me into that dire situation in the first place. Hence the reason the banks decided to play it safe by keeping the money instead of lending it out. Keep in mind this is all being orchestrated by the very same people that help us get into this mess in the first place.

Here are the facts as we know them. President Obama wants to cut the deficit in half by 2013. Sixty-eight percent of small business owners under Obamas’ tax plan are going to end up paying higher taxes. Seventy percent of all workers in this country are employed by small businesses. Even if you where to confiscate all the money earned from people making $75,000 and above, it still isn’t enough to cover the cost of the new spending that has been proposed thus far by this administration.

As the numbers show it’s mathematically impossible to cut the deficit in half as the President stated he intends to do without significantly increasing taxes on small business and the middle class. As most people are already aware of; increased taxation deprives the private sector of needed capital it takes for expansion and job creation, assuming the economy is healthy. But as we all know this isn’t the case at all, so now it becomes more of an issue of being able to keep more capital in the private sector as a means to stop the bleeding, rather than looking to expand and increase the number of employees. If any one has doubt’s that higher unemployment will lead to a further decrease in home values, just take a look at the State of Michigan.

Regardless of where you might stand on the political spectrum, one thing we can all agree on is the new administrations numbers don’t add up. The bottom line is that the federal government has proposed so much new spending through this latest “stimulus” bill that it’s nearly impossible for hyper-inflation not to occur within the next ten years, as history has shown us. The Federal Reserve will have no choice but to raise interest rates putting further down ward pressure on housing prices causing decreased demand due to higher monthly payments. The federal government will be forced to cut spending which will lead to decreased amounts of money going back to the states to pay for “essential” services, forcing state governments to raise property taxes (at least until people rebel), even though property values will continue to drop. Increased taxes on small businesses will cause higher unemployment causing the demand for housing to fall. As employment becomes ever harder to come by, people will be forced to opt for lower paying employment decreasing their ability to buy higher priced homes. The people that are employed will have essentially lost their ability to collectively bargain for any real wage or benefit increases (yes, even the big Unions, look at the UAW). Real wages will continue to decrease as the buying power of the dollar continues to be eroded away as hyper inflation sets in, having a major negative impact on the standard of living in this country. The stock market will continue to drop as corporate earnings fall and corporate tax rates rise, just another factor that will contribute to the lowering of property values, as people have less money to put towards a down payment, a practice that has remerged in recent months as the banks try to protect against future losses.

Americans will no doubt see a major decrease in their standard of living within the next ten years, falling housing prices are just the tip of the iceberg. Don’t get me wrong there will be some good to come out of this latest stimulus bill in the form of much needed infrastructure improvement and construction jobs, but the long term negative implications will far out weigh any short term benefits.

Capitalism without failure is like life without risk; impossible. Imagine life without risk, we would all be driving around going 110 mph without regards to our own safety or anybody else’s for that matter because we would all be immortals without a care in the world. In essence this is exactly what happened in the secondary mortgage markets. These banks went around acting like immortals, by passing the risk off to the Federal government via Freddie Mac and Fannie Mae. Our governments’ policy of “too big to fail” has created banking immortals propped up by us the American taxpayers, we are going to ultimately be the ones that are going to be killed via hyperinflation, as a direct result of our governments irresponsible and reckless actions. Good bye capitalism, you’ll be dearly missed by many, thanks for the memories.

How to Maintain Your Income Stream If You Are Laid Off? by Nicole Reebi

How to Maintain Your Income Stream If You Are Laid Off?

The world has entered into a recession, many corporations and companies had announced their job cutting news. If you are an employee for any of the companies that have plan to reduce their company's headcounts; then, your job will not be guaranteed. The question is how you are going to maintain your income stream just in case you are being laid off and unable to find a new job due to the job opportunities have been cutting down tremendously by most companies. It's time for you to think of setting up a second income source.

If you are thinking of getting a part-time job from other company, and go to work after your day job, then you probably will have a hard time find one in today's recession situation. Then, what other ways to source for income if you can't find a part-time job?

What if you create one for yourself? There are a few ways to make your own business without the need to investment a lot of money. By using the advantages of internet and online business features that allow you to work from home, here are the 2 common ways of earning money online:

1. Affiliate marketing

Affiliate marketing is a business model that enables you to make money online without the need to have your own product. There are many online merchants looking for marketing outsourcing. They make their products available for online freelance agents, called affiliates who will be given commission based on their sales. You can set up a website to sell a few selected affiliate products. Your role as an affiliate is to drive web traffic to your website or directly to merchant's website through a unique link that will identify you as the affiliate who makes the sale.

Affiliate marketing has been a good income source for many people either as the part-time job or a full-time income. You may consider to set up a second income source through affiliate marketing while you still with your day job. Invest some time and efforts to make it successful; it can become your main income source just in case you are being laid off.

2. Set up an online store

Unlike traditional business, you don't need to invest a lot of money to have your own business on internet. You can choose to become your own boss by opening an online store to sell physical or downloadable products. In addition, you don't need to own a product for an online business. There is a business called dropshipping where you can easily find the products you are interested in selling at your online store; buy it at wholesale price and sell it at retail price at your online store. Under the dropshipping business model, dropshippers will sell you their product at wholesale price for individual item and they will deliver the ordered items to your customers on your behalf.

You don't need to quit your day job to start an online business. In fact, you can do it in parallel and work it out for a success. The income from online store can replace your main income just in case you have lost your job due to being laid off.

Summary

Under the bad economy situation where companies are looking for potential cost cutting and headcounts reduction, no job is guaranteed. As a working individual, you need to start to think of how to maintain your income stream if you are hit by the recession wave. Internet can be the best source to set up an income online and be the back up income stream while you are still with your day job.

Corporate Real Estate Outlook 2009 - Economic Stimulus

Site selection consultant experts discuss some of the key trends in corporate site selection during the 2009 recession and how it is impacting economic development organizations and economic developers.

Arts: The Passing of a Pop Icon - NYTimes.com/Video

Michael Jackson, the legendary singer, songwriter and dancer, died in Los Angeles on Thursday.

Michael jackson live superbowl 1

The greatest performer ever

Interview with Michael Cheney from AdSense Videos

Interview
with Michael Cheney from AdSense Videos

Q. So what made
you get started with AdSense?

A. I
was looking for a way to monetize some of my websites. AdSense
is such an easy thing to get started with the eye for it would
be a great way to start earning more money without actually putting
into much more effort. I think as soon as you see the first earnings
coming into your account you get addicted to AdSense. I know is
what happened to me and since then I've just spent time working
out how to earn more and more each day.

Q. How much do
you make with AdSense?

A. Some days I can earn
close to $1000 and others it's less than that. But it all comes
down to how much time and effort you devote to creating a quality
site that people like visiting. AdSense is not what my business
is based on by any means - but it is a great way to earn revenue
almost on autopilot.

Q. What is the
biggest mistake people making with AdSense?

A. Probably
the biggest mistake people make is thinking the AdSense earnings
are easy to achieve. It is very easy to get started but as I learned
it takes a lot of effort to increase your earnings. I got really
downhearted whenever I would log in to my account to see that
I had only made a few dollars. And that's when I decided to spend
months and months of my time learning everything I could about
AdSense.

I basically buried myself
away and devoured every single piece of AdSense information I
could find. I ran thousands of AdSense tests and started to see
a dramatic effect on my click through ratio and therefore on my
earnings.

This is why I'd decided
to record the videos - because I knew that it would help people
who were in my position to also increase their earnings. I've
read an absolute ton of AdSense e-book's but they take so long
to go through and always seem to keep information back.

With AdSense Videos I
knew that I had to tell the story exactly as it is and actually
show people and lead them by the hand through the exact techniques
that I use to generate large earnings from AdSense.

Q. In your videos
you show people how to increase their AdSense earnings - can you
give us a taster of this advice?

A. I
don't want to give away my biggest secrets as you can understand!
But some of the more basic things that you can do to increase
your revenues include using ads that blend in rather than stand
out from your content. Flat out the worst thing you can do with
an AdSense ad is make it look like the standard Google ad. What
you need to realise is that you will get more clicks if your ad
actually appears part of your site rather than something that's
just been dropped into the page.

Q. What would
you recommend that someone do right now to increase their AdSense
earnings?

A. I've
created a totally free AdSense minicourse that people can go through
to learn some of my techniques. It takes you through the four
cornerstone principles that I've used to build up my AdSense empire.
You can check it out, as well as all the AdSense Videos, here:


CLICK HERE FOR THE VIDEOS

Michael Jackson - Thriller

Michael Jackson - Thriller

Michael Jackson Thriller
© 1982 MJJ Productions Inc.

Michael Jackson Dead At 50: "R.I.P."

One Word... "Legend" "Which Michael Jackson song is Your ALL TIME FAV?"

Real Estate Collapse - Land of the Dispossessed Part 2

Real Estate Collapse - Land of the Dispossessed Part 1