Seattle Vertigo Condominiums

With mid-century style that is modern, the condominium homes at Vertigo Seattle are clean, economically designed and fitted and also very cool and urban chic. Standing the test of time and style, the Seattle Vertigo Condominiums are a great place to live and work. Check it out.

The condominium homes at Vertigo real estate development in Seattle Washington offers residences from the high one hundred thousand dollars to the four hundred thousand dollar range. The marketing web site for Vertigo is http://vertigocondos.com/index.html, so check it out for a full list of amenities, interiors, floorplans, location description and of course contact details. For more details about other new construction Seattle real estate condo developments including Everett, Renton, Edmonds, Queen Anne and On Capitol Hill, click here.

Broadway Style – Cool and Urban

The Vertigo Seattle Condominium homes are designed and built with the best materials possible and with a few era-original finishes and accents, these residences will be truly unique in the ever bland state of the presales Seattle real estate market. Not in pre-construction and actually not in presales either, the Seattle Vertigo condo residence homes and apartments are now available for you, the home buyer, to snatch up, live and enjoy. Up on the roof top deck is an urban oasis called a garden where you can enjoy views of Seattle’s incredible skyline in addition to Puget Sound too. Home buyers will also note that the Vertigo Condominium homes in Seattle will provide reserved parking for select units and also, the real estate development community is part of the wireless hot zone so that you can get online at any time and any place within your home… how good is that? For those who prefer to be more active and want to either burn calories or bulk up for sports, the Seattle presales Vertigo condo residences will also offer a fitness center.

The Location

For some reason, many property developers now say that their real estate communities are ‘urban’ and within driving distance of the ‘city center’. Well, to be honest, many of these new properties are actually hours away from the center of Seattle and clearly not urban once you step a block away. With Vertigo Condominium homes, you will be just 0.1 miles away from Broadway, Seattle Washington, making most of the cultural, urban and entertainment districts in addition to the business and commercial centers easily accessible to all home owners here. Your new address at the Vertigo Condos will be 705 East Republican Street, which is just two blocks away from Broadway within the Capitol Hill district of Seattle. With urban adventures galore in addition to restaurants, events, shopping, and more, the Capitol Hill Vertigo Condominium residences will also be close to downtown, Belltown and Lake Union in addition to the U-District and all the hiking and biking trails you have always wished for. Centrally located and urban, the Vertigo Condominiums are definitely within the city core of Seattle.

The Interiors

According to the real estate marketing of Vertigo Seattle, the interiors of the homes will have contemporary materials and color palettes that will include Uptown, Conventional Wisdom and The Sophisticate. All condominium homes at Vertigo will have granite counters, tile floors, stainless steel appliances and washer/dryers in suite. You can view an image gallery at the Seattle Vertigo web site at http://vertigocondos.com/interiors.html and clicking on ‘Image Gallery’ near the bottom right of the page. There is also a downloadable PDF that has all the floor plans featured at Vertigo condo suites: http://vertigocondos.com/pdfs/floorplans.pdf. The interior packages for The Sophisticate include honey, white, pewter, crimson, copper and sand while Conventional Wisdom includes caramel, white, bark, terra, turquoise and lime. The Seattle Vertigo condominium homes will also feature Uptown color palette that includes teal, chocolate, cherry, ebony, steel and stone.

The contact the Vertigo Condos in Seattle, please visit http://vertigocondos.com/contact.html to submit a form. The presentation center of the Vertigo Seattle real estate development is on site at 705 E. Republican Street 98102. To schedule your home tour, please call 206.829.9850 and please click on the ‘house calendar’ to see time availability. The real estate sales and marketing for the Vertigo properties is by The Home Group and the web site was designed and built by Rusty George Design. There is also a disclaimer online. Again, the Seattle Vertigo condominium homes will range in price between the high $100,000s to $400,000s.

Finding the perfect property

A good buyers agent can take the pressure off time-poor real estate investors, but is it true they can also save you bundles of money? Bronwyn Davis examines these issues in the API Magazine April 2007 edition.

Most of us wouldn’t buy a used car without having a qualified mechanic check it out first to ensure it’s not a lemon, so should the same rule apply when you’re purchasing an investment real estate property that costs hundreds of thousands of dollars?

Buyers agent are an evolving breed in this country, whereas in the United States they’re commonly employed. Patrick Bright, buyers agent for EPS Property Search in Sydney, observes, “The real estate industry only really started there in the 1980s. So in only 25 years it went from where Australia is today to almost two out of three transactions involving a buyers agent acting for the purchaser.”

Although the residential property market is only really now being introduced to the concept of buyers agent, Angus Raine, CEO of Raine and Horne, suggests, “I’m originally from a commercial background and the phenomena of using a buyers agent consultant in commercial property was quite common about 15 years ago.”

Buyers agents in real estate investments are partaking in more real estate transactions every day, particularly for investments. In fact, there’ snow a governing body for buyers agents to regulate the industry. The Real Estate Buyers Agent Association of Australia (REBAA) was founded in 2000 to raise the profile of the industry and establish guidelines for the professional conduct of agents.

What is a buyers agent?
Queensland based buyers agent Scott McGeever fro Property Searchers says, “A buyers agent works wholly and soley on behalf of the buyer. They’re engaged to find specific properties for buyers and negotiate the best price and terms for them.”

A good buyers agent in real estate will listen to their clients’ needs before scouring the market for the perfect property. David Devenish, secretary of REBAA and Perth-based buyers agent, explains, “A buyers agent can provide a potential purchaser with advice about tips and traps, what to look out for and possible areas that might suit their requirements for either property investments or owner-occupation.”

Devenish says the primary benefit of employing a real estate buyers agent is that there’s no conflict of interest, “which is rampant in the real estate industry.” He says, “Purchasers seek advice from people who really don’t have their interests at heart because they’re receiving commissions from vendors or developers.”

Buyers agents in real estate property investing not only research the market an investor is interested in, they can also arrange inspections, deal with the selling agent on the buyers’ behalf, organise necessary building and pest inspections, bid at auction or negotiate a private treaty sale and generally attempt to secure their client a deal that will be profitable in the long term.

Because you’re relying on them to find and obtain the best possible deal on your behalf, buyers agents need to have a thorough knowledge of not only the local property market, but also how sales agents work, how vendors think and how to negotiate effectively.

At present, obtaining the qualifications to become a real estate buyers agent is simply a matter of undertaking a sub agents or full licence course, depending on the state. McGeever claims this is worrying because real estate property investors, whose financial commitment to the property they buy can make or break their portfolio, are making decisions based on information from their buyers agents.

He says, “It’s different to a real estate agent who relies ont eh market to determine the best price for a property they’re selling. A buyers agent has to have a really good idea about the market real estate and if you get it wrong you can cost someone thousands.”

Bright recommends you look for someone with at least two years’ experience as a successful selling agent and proven negotiation skills. He explains,`if you want to outsmart a selling agent you need to have walked in their shoes to know what really presses their buttons.`

The Cost
Fees for employing the services of a property buyers agent vary depending on the exact nature of the assistance you require. If you`re simply seeking advice you`ll often pay a small upfront fee, however if you want the buyers agent to research the real estate market, find your ideal property and negotiate the contract price and terms (including bidding at auction where necessary), you will generally pay a buyers agent commission fee.

This can be anywhere between 1.5 to 2.5 per cent of the final purchase price for the property, plus GST. Some buyers agents prefer calculating their fees and charges in this manner, while some prefer an upfront fee. Bright breaks down the costs for a buyers agent a little more specifically: If you want to find the property yourself and have a buyers agent research and negotiate the purchase for ou, you`ll be up around 1 per cent of the estimated purchase price. For bidding at auction you`re likely to pay anything from a flat fee of $500 up to 1 per centof the purchase price upon success. Essentially, as with any industry, you get what you pay for.

And if you`re still not convinced that a buyers agent might just make good investment, McGeever notes: The fee for a buyers agent can be used to reduce capital gains tax on the asset as it is considered a capital cost in the acquisition of the property.

The Little Tokyo Lofts in Los Angeles

The ideal situation for a modern loft residence community in downtown LA, the Little Tokyo Lofts and condominium suites are now the most popular boutique and unique real estate presales development Los Angeles has ever seen.

So what can you say about the Little Tokyo LA lofts and presales residences? These are downtown situated loft residence condominiums in the historic Westinghouse Building and features artists lofts for sale and incredible amenities so that you can enjoy living in the city core every day. Work, live, play … whatever you choose, the Los Angeles Little Tokyo Lofts and downtown condos are about homogenization, culture, vibrancy, urban chic living spaces, urban experiences and being part of the history of the downtown LA district. The Little Tokyo Lofts in Los Angeles are extraordinary to say the least, and the old Westinghouse building has a lot to do with it. Close to freeways, downtown and full of surprises. The LA Little Tokyo condo loft residences are now avialalbe. If you expect light filled steel casement windows, real hardwood flooring, high ceilings, great amenities like a heated swimming pool, spa center, interior courtyard with lush gardens and a gated garage parking lot with twenty four hour patrol for security, then the Los Angeles condo conversion at the Little Tokyo Lofts LA are definitely your type of presales real estate property, for either investment or to live in as your primary residence. Converted from the old industrial Westinghouse Building, the downtown Little Tokyo real estate properties are even cooler when you refer a friend to purchase a loft residence here as you will get an easy six thousand five hundred dollars off your home purchase. No other presales LA real estate development has this incentive.

Contact Them

For more information about the Little Tokyo area and the recent loft development there, please contact their Sales Gallery here: Little Tokyo Lofts at 420 S. San Pedro Street #103 in Los Angeles, California 90013. The email address to enquire about the downtown Westinghouse Building conversion property is live@littletokyolofts.com and you can also call them at this number: 212.626.6400 or fax them at 213.626.6405. The Sales Gallery for the downtown LA Little Tokyo Lofts is open every day including weekends between the hours of 10 am to 5 pm. It is advised that home buyers and investors make an appointment first before heading to the Sales Gallery. There are driving directions from north and south to the Little Tokyo Los Angeles lofts and condominiums online at their website here: http://www.littletokyolofts.com/contact.html. The Little Tokyo Lofts news and updates can be downloaded from here: http://www.littletokyolofts.com/news.html. If you are looking to prequalify to purchase a property condo at the downtown LA Little Tokyo residences, you can call 213.626.6400 for more information about the preferred lenders. Right now, that includes the Countrywide Home Loans and they will be able to get you pre-approved within a few business days for this awesome downtown LA presales real estate investment opportunity. You may also register your interest online by submitting their registration form. The web site for the Little Tokyo LA lofts and condominiums also has the privacy and terms & conditions from the Hammer Ventures real estate property.

Floorplan Sizes

There are six floors to the Tokyo Lofts in Los Angeles downtown that includes five units on the first floor, thirty loft condominiums on the second floor, thirty more on the third floor, thirty two condos on the fourth and fifth and also 32 penthouse Little Tokyo LA loft residences. On the ground floor, Unit 101 at the Little Tokyo condominium residences has one thousand eight hundred and ninety four square footage to Unit 105 with twenty two hundred and seven square feet. On the second & third floors, prospective home buyers at this presales Los Angeles pre-construction development can choose from internal units including 325 at eight hundred and seventy five sq ft to Unit 329 at 781 sqft. External facing condominium units at Little Tokyo Lofts in downtown LA include Unit 307 at six hundred and one square footage and the very spacious Unit 212 at twelve hundred and ninety six sq ft. The luxurious penthouse suites on the sixth floor of the Little Tokyo condominium homes and loft residences in Los Angeles will also feature units both facing the internal courtyard as well as condos facing the street. For an interactive siteplan with click throughs to all the floor plan layouts, please visit the Little Tokyo Lofts web site at: http://www.littletokyolofts.com/floorplans.html.

The Residences

Urban living spaces are what this presales LA development can provide an other community amenities include the swimming pool and spa, open garden courtyard, secured covered parking, key card access for security, twenty four hour security with video and also a dog run. On the interior side of things the downtown Los Angeles Little Tokyo Loft residences will include central heating and A/C in addition to twelve foot ceilings, maple harwood, balconies and patios on select units, wood burning fireplaces in some condominium suites, granite counters, new sinks and stainless steel appliances in the kitchen.

8 Top Tips for New Real Estate Investors

As a relatively stable interest rates outlook and tight rental markets begin to tempt more real estate investors into the market, broker Mortgage Choice has released the following tips for would-be investors in the Australian Property Investor magazine April 2007 edition.

1. Create a long-term property portfolio plan
Understand that property investing is a long-term strategy and that property cycles generally involve highs, lows, and steady patches over seven to ten years. Consider your real estate investing goals and all possible outcomes.

2. Consider all costs and tax implications
The interest and related expenses you incur on your property investment (such as repairs and maintenance) are tax deductible. Some properties may be negatively geared (where your loan repayments, fees and other costs exceed your rental income), meaning the net loss can be offset against your other income. Others may be positively geared, meaning the rental income is higher than the costs. Also think about the capital gains tax you’ll have to pay if you decide to sell the property.

3. Research, research, research
Read articles, use reputable property research companies, and the Real Estate Institute of Australia, search the internet and talk to people to research the areas you’re interested in buying in. Invest the time to fully understand the real estate market – it could save you thousands.

4. Consider using your equity
You can tap into your home equity or equity in another investment property as a launching pad into more property, so long as you can afford the extra repayments.

5. Think about buying with others
More and more Australians grappling with affordability issues are pooling their resources with friends, family or work colleagues to break into the property market or increase their property ‘wealth’. There are a myriad of home loan options now available for such situations, though you’ll also need to get legal advice to set up a contract with your co-buyers.

6. Choose a loan to meet your current needs
Apply for a loan that suits your current needs and lifestyle, as you can refinance down the track.

7. Use a buyers agent
A buyers agent or property finder can provide advice about the best property real estate for you. Buyer agents know the real estate market better than most and can help you choose and buy your property.

8. Visit a financial adviser or accountant
You need to discuss your full monetary situation with an experienced adviser to be sure an investment property is right for your situation.

Case Study: When in Buffalo New York, do as the locals do

A case study following New York City real estate trends and developments, this case study was published in the API Magazine in April 2007.

The way to make property investing work in Buffalo is to do it the way the locals are doing it, says Melbourne-based investor Chad Simmons. He buys distressed properties, `rehabs`(renovates) them and rents them out or sells them at market value, in conjunction with a trustworthy local joint venture partner whom he counts himself lucky to have found.

Chad bought his first Buffalo property in November 2005, after hearing about the western New York market in a radio ad. He ended up buying a Buffalo property with a friend who took a real estate property tour there.

"We knew very little about the real estate market at that point but thought that US $39,000 was cheap and on paper it was showing 20 per cent gross return on investment, " he says. Chad soon started to research the real estate market in New York and Buffalo himself, and one day on eBay found a property in Buffalo that caught his interest.

"It was in a street that I knew so I rang the contact point," Chad says. "I didn`t buy it but the seller was extremely helpful and was intrigued when he found out how much interest there was from Australia. "One thing lead to antoehr and in January 2006 I was sending money over to him to do a renovation on a real estate property that he had purchased. It was the best risk I had ever taken because he is now a very good friend of mine and business partner."

One of these houses, in Downing Street, Buffalo, was a distressed property they bought for US $16,000. It was a two-bedroom, two bathroom duplex. The renovation was US $30,000 – so in all they spend US $46,000. After the renovation, the real estate market value was $US $69,000. It now returns $1300 per month. The taxes are $2300 per year.

"It is in a really good neighbourhood as well and very easy to rent out. We still have this property and Terrell (Terrell Mack, his joint venture partner) manages them" he says.

Another joint venture was a duplex just 20 minutes north of Buffalo, comprising two two-bedroom, and one-bathroom units. It cost US $22,000 to buy, US $10,000 to renovate, and that brought it to a real estate property market value of $60,000. When they sold it – for US $57,000 – each unit had an expected rent of $500 to $550 a month, giving a minimum return on investment of 21 per cent. The bottom unit was already tenanted at $500 per month. Estimated taxes and expenses for this Buffalo unit were $2200 per year.

Chad says, "The relationships was the beginning of my real journey in that Buffalo market because I could now learn what it`s really all about from a local who buys and sells houses in this market for a living." Chad has found the tax side of things very simple. "If you have got a good accountant, they just let you know when it is time to lodge your tax return," he says. "You get an ITIN (Individual Tax Identification Number). It costs $150." That gets lodged with the Internal Revenue Services (IRS).

"Then it is a very similar process to here – your expenses, repairs, insurance, are tax deductible," he says. "This all up costs around US $400."

Like most Australians investing in Buffalo New York, Chad encountered problems finding a reliable property manager. He stopped recommending the real estate market in Buffalo until he found himself a good one – Sandra. Now he, Terrell, and Sandra have set up a local property management operation.

Chad has also set up a venture to sell those real estate properties bought by Australians to US investors. He also plans to begin vendor financing in Buffalo in 2007, something he already does in Texas – another of his US investment markets. "There has been renewed interest in the Buffalo real estate market," he says.

St. Paul Farmers Market Flats

With the grand opening just happening in March, now is the time to make your purchase decision on the Farmers’ Market Flats and apartment style condominiums in St. Paul Minnesota.

The Grand Opening of the sales center and presentation suites for the St. Paul Farmers Market Flats and Apartment Condos took place on Thursday March 15th through to Sunday March 18th. With limited flats still available, you can now visit the Presentation Center for the Farmers’ Market real estate offerings today to put down a deposit on a luxury and unique condominium property in the heart of St. Paul in Minnesota. The physical location of the Farmers Market Flats are within the Lowertown district of St. Paul and it is now one of only a few new real estate developments in the area, as the district undergoes a new transformation into more residential properties. You can view other pre-sales Minneapolis condo residences and pre-construction Denver Colorado properties here. The Sales Center for the St. Paul Farmers’ Market Apartment condos is located at 289 East Fifth Street in Suite 101 in Saint Paul, Minnesota. If you would like to book an appointment, you can phone 651.442.8415 to leave a message with your questions or to make a preview appointment with a St. Paul Farmer’s Market Apartment flats sales manager. Located just across the street to the north of the current St. Paul Farmers Market, you can visit the presentation center without an appointment as well, and their sales office is open on Thurs and Fri between 12 and 6pm as well as on weekends between 12 and 4pm. For more information, the sales team at the Farmers Market Flats and apartment condominiums include Kyle, Leslie, Bud and John and if you are looking for a media contact for this Saint Pauls real estate development of flats and condominium apartments, please contact Mike at 651.292.8062.

A Fresh Space

The Saint Pauls Farmers Market Loft condominiums is a new property development that will feature a boutique and exclusive community of forty eight beautiful condominiums that are found in the most historic area of Saint Paul’s Lowertown district community. The real estate development team includes Sweeney Development, and the St. Paul’s Farmers Market Flats and loft condos will be part of a truly urban neighbourhood that will be located on the corner of Wall Street and East 5th Streets across from the famous Saint Paul Farmers Market. Right now, you can purchase your loft apartment suite in presales phase and they are reserving right now with a small pre-construction based deposit structure. The condominiums at the Farmers Market Flats in St. Paul’s will be ready for occupancy in the year 2008, so they are coming up quickly. The community at the Farmers Market is well known for the wide array of restaurants, shops, parks and art galleries that are within walking distance from your brand new loft condominiums that are located within the Lowertown historic district of Saint Paul’s Minnesota. In addition, the Farmers Market Flats and loft style condominiums will have heating and cooling by District Energy, rooftop garden and patio for resident parties and entertainment as well as very affordable pricing starting from just one hundred and forty five thousand US dollars. There is nothing quite like this Saint Paul real estate development on the horizon, so get into the pre-sales of the Farmers Market Flats today to reserve your home.

The Floorplans and Flats

For a clear siteplan of the apartment flats levels as well as the Farmers Market and garage parking, please visit this URL: http://farmersmarketflats.com/fmffloor.html. In addition, the St. Paul’s Farmer’s Market loft condominiums will feature many floor plans that include Model A1 which is two bedrooms, 1055 square feet and starting from two hundred and nine thousand nine hundred dollars. Model Suite A2 at the Farmers Market loft condos is also a two bed unit with twelve hundred and fifty square feet and starts from $264,900. A3 floorplan at the Saint Paul’s Farmers’ Market Flats is a 1250 sqft residence also starnting from the same price point. The one bedroom suite at Model B1 is seven hundred and eighty sq ft and starts from one hundred and forty four thousand nine hundred US dollars while B2 starts from 149,900. Lastly, floorplan B3 at the Farmers Market loft apartment flats in Saint Paul’s Minnesota will feature 780 sqft and starts from $169,900 USD. As one of the Twin Cities most remarkable real estate developments, the Farmers Market loft condominiums will be concrete and will have the traditional craftsman influence that people seek when living in the historical area of Lowertown. With cork flooring that is also environmentally friendly, in addition to gas stoves, district energy and cooling features in addition to the rooftop terraces, the St. Paul’s Market Flats are one of the most exclusive residential developments in recent memory. Choose your home today by visiting the presentation center for more information.

Advertising Feature | European Vacation Homes and Real Estate

Published in the Real Estate Edge magazine in February 2007, this advertising section for recreational property investments in Europe provides information on accessible and affordable real estate investments for retirement or recreation.

European vacation home dreams can come true with Seekers Canada – take a trip and discover great investment real estate opportunities.

Don’t think of it as retirement. Think of it as the next phase of the best years of your life. Then formulate a comprehensive plan that will enable you to squeeze every drop of enjoyment, fulfillment and adventure from the years to come.

Many healthy and active Western Canadians past the age of 50 are doing exactly that. They’re including Spain’s warm, hospitable Costa Blanca in their plans, purchasing surprisingly affordable and valuable retirement/vacation homes and real estate on the shores of the Mediterranean.

It’s easier than you think. And there’s no need to go it alone. Seekers Canada, the marketing arm of an International network of Real Estate professionals with associates in the UK, Italy, and Spain, is here to assist you every step of the way as you decide and purchase your recreational and retirement real estate across the world.

Based in Edmonton, Seekers Canada, offers access to an enormous range of European vacation real estate properties to suit property investors who wish to combine rental return with capital growth or to purchase a home to occupy for a portion of the year, then to rent out during the summer months. Numerous syndicate corporate-purchase packages are also available for these European real estate recreation and retirement homes and properties.

And Seekers Canada will stick by your side, helping you to answer every legal, regulatory, or tax-realted question that may arise along the way. “Many Canadians have begun to consider the Mediterranean an attractive alternative to more traditional retirement destinations such as B.C. or the U.S.,” explains Vernon Samaroo of Seekers Canada. “Many are often disappointed by the length, gloom, and dampness of B.C. winters,” says Samaroo, adding: “Besides, B.C. real estate will virtually be out of reach of a large number of baby boomers seeking a warmer climate in the winter months. Others have found that gated communities in Florida and Arizona have lost much of their appeal in recent years.”

So consider the new real estate investment options. Consider Europe property investing. Aft first, it sounds like an impossible dream. But Seekers Canada is making that dream a reality for dozens of shrewd Canadians who wish to combine a desireable lifestyle with a readily workable real estae property investment strategy.

Seekers Canada can help you find suitable property and real estate recreational and retirement homes in France or Portugal, Turkey or Hungary. But at the moment, the Mediterranean coast of Spain is the area of choice for some very good reasons.

“The British and Germans have been buying real estate recreational and retirement properties there since the mid-60s. As a result, the financial and social infrastructure in these regions are very strong. These areas are not over-run by tourists. In fact, they are extremely quiet during the winter months (average temperature of 19 0C), when most Canadians would be more likely to visit their Spanish property investments.”

Second, offshore landlords who have purchased real estate along the coast have rapidly found that the income from summer-only rental arrangements can be more than enough to cover their annual mortgage payments.

These are not timeshares or timeshared recreational property real estate, but full title ownership accompanied by bank guarantees and 10 year new home warranty. And how do clients feel about Spain, which boasts the best health-care system in Europe?

Read this testimonial authored by Seekers Canada client Jim Guthrie, Edmonton-based general manager for Frontier Drilling, USA. Although they were somewhat sceptical going in, Jim and his wife purchased a Spanish apartment real estate within a week of their first visit. “Many different facts and experiences influenced our decision,” Jim subsequently wrote. “The entire area is well planned, well built, and with a local populations that is fairly prosperous, friendly and courteous.” The real estate property investments developments all had lots of green spaces, good views, great walkways with flowers, palm trees, water courses and swimming pools … I think one of the great selling points of the country are, the beaches are groomed every day, and the county authorities have developed these wonderful walking, bike-riding paths all along the Mediterranean, and just adjacent to the beach.”

Guthrie also praised Seekers Canada and its associates for their expert advice on “banking, legal, government and real estate regulations we would encounter, and generally speaking none of them were onerous.”

They also provide rental and property-management services for the recreational and retirement property real estate which complete a fully hands-on program.

By the way, Spanish real estate values and property capital gains have steadily risen in recent years and insiders expect the trend to continue through the coming decade and beyond. You can get acquainted with Seekers Canada by attending an introductory teleconference presentation, or perhaps a friendly dinner presentation, ideal for families and groups no larger than 12. Then accept Seekers Canada’s invitation to travel to Spain for a personal inspection or the retirement real estate and recreational properties.

“We do ask you to pay for your airfare. We take care of all your other expenses. And if you decide to purchase, airfares will be refunded, says Samaroo.

A personal guide will show real estate properties, answer questions and help you get acquainted with one of the most exquisiste vacation destinations on earth. First get all the facts. Then make the shrewdest investment real estate call of your life. For contact information, as well as further details, please visit the informative website: www.seekerscanada.com.

The Onyx Capitol Hill Condominiums

Cutting edge presales Seattle condo properties are the hot topic in this Pacific Northwest city that has fallen in love with the urban condominium mid-rise and high-rise residential towers. The Seattle Onyx Condominiums are a colourful and exciting new development in Capitol Hill.

With Chaihuly inspired chandeliers and imported marble and from the world’s most exquisite and high-end finishes and fixtures, the Seattle Onyx Condominium homes and residences are a new breed of condo real estate property projects in the Pacific Northwest that stresses low maintenance urban living spaces that are conveniently located within the central business and entertainment districts of Seattle Washington. With art collections inside and with great views and cutting edge features, the Onyx Seattle Capitol Hill condo residences are for sure one of the most hyped and best real estate property projects that this city has ever seen. Marketed as a higher level of luxury living, the condos at Onyx Seattle are located in the every revitalized and urban chic district of Capitol Hill that will get you to everywhere else you want to go in Seattle. Contemporary and well built, the Onyx Condominiums are now available on the real estate market for purchase.

The Onyx Location

Featured in Seattle Washington and just one block from Broadways most popular urban shopping arcades and restaurants (both fine dining and casual bistros), the Seattle Onyx Condominium residences are also close to many parks, recreational facilities as well as professional and business districts. Located within the Capitol Hill district, the Onyx condos in seattle provide active living that is urban chic and always fun and exciting or if you prefer a more relaxing and quiet environment, Capitol Hill will certainly allow for that as well. For some local community information around the Onyx Seattle Capitol Hill condos, please visit http://onyxseattle.com/location.htm where it lists all the urban amenities and things that you will be able to find around your neighbourhood including groceries, theatres, government buildings, post offices, schools, universities, public transportation routes and more.

For presales Pacific Northwest properties and Vancouver real estate, click here.

The Individual Unit Features

The Capitol Hill Onyx Condos and luxury residences feature a wealth of urban and luxury features that are not found in other presales Seattle condominium properties at this moment. Sit down and enjoy this list of exciting features that come standard with every home at Onyx. Luxurious appointments are coupled with expansive floor plans with great views of the city skyline and beyond. With various floor plans and layout sizes available, you can choose between many great condominium suites, but availability is getting low as the Seattle Onyx condos are selling out quickly. High ceilings, halogen lighting, granite bar tops, gE stainless steel appliances, framless glass shower doors, plush carpeting and more are all standard in each and every Seattle Onyx residence condominium in Capitol Hill. Some of the amenities at the Onyx community are listed below with hallways that have black granite, white onyx marble, two elevators to residential floors, mahogany tables, mirrors and more.

The Local Amenities

The building at Onyx Seattle luxury residences will feature a great number of on site amenities that all residents can enjoy at no extra costs other than the monthly strata fees (or HOA fees). The Seattle Capitol Hill Onyx condos will have a rooftop deck that will have tropical landscaping and there, there will be club lounges, sun tanning bads and of course the incredible views of Cal Anderson Park, and other community arcades. There will also be a card room at the Onyx Capitol Hill condominiums in Seattle WA that is perfect for social gatherings and entertaining in addition to a full fitness center with four flat screen tvs and the latest in equipment. The Seattle Onyx residence condos will also feature a courtyard for coffee, lunch and relaxing in addition to a coffee shop and beauty salon and gourmet wine and cheese shop too. Convenience and urban local living features are what the Capitol Hill condos at Onyx will provide each and every resident here. The floor plans at the Onyx Condominiums feature large residences with open and urban functional spaces. The presales Seattle real estate properties here have distinct open floor plans that only feature a handful of residences per floor, making this community small and quiet. Click on this following link for a siteplan with all the units at Onyx: http://onyxseattle.com/pdf/floorplan_allfloors.pdf.

Make Contact

The address of the Onyx Condominiums in Capitol Hill is 1125 East Olive Street in Seattle, Washington 98122. The phone number for the Onyx presentation center is 206.568.6100 and the email address is info@onyxseattle.com. There are directions online at http://onyxseattle.com/contact_us.htm. In addition, for further floor plan information, you can visit the Capitol Hill Onyx Condos web site at http://onyxseattle.com/. You may also register online at http://onyxseattle.com/registration.aspx. The real estate developer for the presales Onyx Capitol Hill Seattle condominium development is Michael R. Mastro Properties and the managing partner is Subsidiary Onyx Associates LLC.

Phoenix Copper Pointe Condominiums

Forty one stories into the skyline of Phoenix will rise a condominium high-rise tower called the Copper Pointe Condo Residences, in the heart of Copper Square in downtown Phoenix.

Marketed as one of the exclusive high-end Phoenix presales real estate developments in the city, the Copper Pointe Condominium homes will be part of a large urban community at Copper Square that will also include the Market Place, a large urban bistro and fresh food market in addition to the Grotto, Copper Pointe’s own wine bar and lounge. An impressive master planned district in the heart of downtown Phoenix, Copper Pointe Condominiums and residences are in the pre-sales and preconstruction stage at the moment but are available at great prices if you get in early. The real estate developer for the Copper Pointe Phoenix Condos include Pointe of View Developments, one of Western Canada’s most impressive and largest established condominium developers in addition to the Belleview Communities. The sales and marketing is exclusively hanlded by Pillar Communities LLC. You can read all the Copper Pointe Condominiums privacy policy, terms and conditions online at their website and the website is designed by Mouth Media in Phoenix.

The Floorplans at Copper Pointe in Copper Square Phoenix

There are six possible layouts at the Phoenix condominium towers at Copper Pointe Square that include the Napa Plan which is a one bedroom plus den and one bathroom unit with seven hundred and twenty six square feet living space and a balcony of one hundred and sixty two (total square footage is 888). The Porto Plan at the Copper Pointe Condominiums in Phoenix is a two bed and two bath residence with nine hundred and ninety four square feet in indoor space and one hundred and seventy six sq ft of open balcony that is great for entertaining friends and family for parties. The presales Copper Pointe Condos Phoenix also features the Sonoma floorplan which has two bedrooms plus a den and 2 baths totalling an indoor square footage of one thousand and twenty two sq ft and one hundred and eighty three sq ft balcony (total of 1205 sqft). The Tuscany Floorplan at Phoenix Copper Pointe presales condos is two bed and two bath and approximately similar size and layout to the Sonoma. The presales condominiums at Copper Square in Phoenix will also have the Mendoza layout which is 1065 sq ft with a smaller balcony. Last but not least at the Phoenix presales real estate properties here is the large Andalucia residence plan with two bedrooms and a den with two bathrooms that total one thousand two hundred and forty four sq ft and a 96 sqft balcony too. All the floorplans are online.

Contact the Copper Pointe Phoenix Condos today

If you are looking for a truly urban living experience, the masterplanned community at Copper Square in downtown Phoenix is the way to go. The Copper Pointe Condominiums presentation center is now located at 377 N. 3rd Avenue in Phoenix Arizona. The Director of Sales for the presales Copper Pointe Condominiums is Steve Koehler and his telephone number is 602.279.2990 and email address is sales@copperpointeaz.com. For more background information about this presales Phoenix property development, please visit the Copper Pointe web site at http://www.copperpointeaz.com/. In addition, you can also find more details about mortgage calculators including calculating monthly principal and interest payments in addition to interest only monthly payments. The Phoenix condominiums at Copper Pointe Square also has three great articles about the development including: “Copper Pointe Unprecedented Amenities” by Bruno Howard, “Arizona Now Fastest Growing State” by Lew Sichelman and “Condos For Cans” press release. The preferred lenders for the Copper Pointe Phoenix condominium tower residences include Wells Fargo The Solutions Team, in addition to National City Mortgage and Countrywide Home Loans. The partners for the Phoenix Copper Pointe Square condos includes Pillar Communities LLC and The Talon Group. Philanthropy is an important aspect of this presales Phoenix real estate property sales and with developers will be donating $1,000 per residence sale to the following charities: Smile Train, Doctors without Borders and Amnesty International. Very impressive!

The Amenities

The Copper Pointe properties will have unprecedented amenities that include outdoor oasis of cabanas, misters across the outdoor Pebble Tec lap pool area as well as an outdoor martini bar. The residents at the Phoenix condominium towers Copper Pointe Square will also enjoy a lava rock fireplace, soothing therapeutic spas in addition to an observation. Inside, the Copper Pointe Condominiums in Phoenix Arizona will house a fully equipped fitness center that includes a yoga and pilates studio in addition to a tanning room, surround sound private theater, a pool table, state of the art business center and concierge services that can service one or more of the following for Copper Pointe residents: VIP reservations, restaurants, mobile dry cleaning, free wake up calls, limo services, housecleaning, romantic getaway bookings, airport transfers, pet services, golf tee times, spa reservations, relocation services, concert tickets and floral arrangements.

For pre-sales Scottsdale condominium properties.

10 Presales Open Houses in Washington DC and Virginia this weekend!

10 OPEN HOUSES THIS WEEKEND in 5 Different Virginia and Washington DC Neighborhoods - Saturday 4/14 & Sunday 4/15

SATURDAY

BROOKLAND HOUSE in Washington DC

4/14 1-4 PM
2615 4th Street, NE -
26 Studio condominiums & 1BRs suites Ready for Immediate Occupancy. Beautiful Large Open Units w/Great Detailing. Oak Hardwoods Throughout, Travertine Marble Baths, Granite & Stainless Steel Appliances, Washer/Dryer In-Unit ... Great Values.
Studios from $179K
1BRs from $224K

-AND-

THE WINTHROP presales Washington DC Condos

4/14 1-4 PM
1956 3RD Street, NE -
5 New Condos On an Eckington Hill. 1BR, 1BR+Den & 2BRs w/Parking Included.
FEATURES: Bamboo Hardwoods Throughout, Big Kitchens w/Granite Islands & Stainless Steel Appliances, Marble Baths w/Separate Glass Shower, Washer/Dryer In-Unit. PARKING INCLUDED 1BR from $199K
1BR+Den condos from $299K
2BRs condominiums from $329K

-AND-

CAPITOL OVERLOOK II

4/14 1-4 PM
223-227 R Street, NE
6 2-Level Townhouse Lofts - 2BR+Den or Lofts
FEATURES: 10'-20' Ceils, Floor-to-Ceiling Windows, Contemporary Glass/Stone/Steel Kitchens, Luxe Tile Baths w/Vessel Sinks, Walk-In & Built-In Closet Sys, Speakers/Intercom Systems Throughout, Full Size W/D, Private Balconies/Decks & Patios, Garaged Parking Included.
Washington DC and Virginia presales condo residences from $514,250

-AND-

THE FLORIDIAN Washington Condos

4/14 1-4 PM
913 Florida Ave, NW
118 Lofts @ U Street METRO -
FEATURES: 10' Floor-to-Ceiling Windows, Exposed Conc Ceilings & Spiral Ducts, Hardwood Floors, Floating Quartz-Topped Bath Vanities & Overmount Vessel Sinks, Maple Kitchens w/Conc or Stainless Steel Counters, Gas Cooking, W/D in Unit, Incredible Roof Deck & Garage Parking Available.
Homes from $249,900 - $1.1M

For more details and Virginia condo pre-construction overviews and presales Washington DC property real estate and condominium developments, click here.

SUNDAY

GEORGIAN HEIGHTS Condominiums

4/15 1-5 PM
950 Longfellow St, NW in PETWORTH
UNBEATABLE REAL ESTATE PRESALES INCENTIVES - DESIGNER FURNISHED!
12 2BR/2BA Units in a New Construction Condo in a Rapidly Growing Area FEATURES: 11'-13' Ceils, Maple HW Floors, 42" Maple Cabs, Stone Counters & GE Profile Appl, Tumbled Marble Baths w/Sep Showers, W/D in Unit, Patios & Plenty of Storage.
2BRs from 299K

-AND-

JEFFERSON HOUSE Condos

4/15 1-5 PM
610 Jefferson Street, NW in PETWORTH
CLOSING COSTS PAID - FURNISHED UNITS!
Chic Modern Renovation of a 7 Unit Building.
FEATURES: Neat Layouts, Cherry Hardwood Floors, Kitchens w/Granite Islands & SS Appliances, Recessed & Pendant Lighting, Mosaic Tile Baths, Glass Block & Skylight Lit, W/D in Unit, Patio (per plan) & Available Parking.
1BR priced 259K
2BRs from 299K
3BRs from 399K

-AND-

SAINT JOHN'S WOOD Washington

4/15 1-5 PM
1610 11th Street, NW
3 ENORMOUS Duplex Lofts - 2BR Lofts
Super Wide Spaces Ideal for Entertaining.
FEATURES: 20' Ceilings, Lofts Overlook Living Areas, Exposed Ducts, Maple Plank Floors, Fine Wood Cabs & SS Appliances in Spacious Kitchens, Contemporary Horizontal Tile In Baths, Private Patios & Parking Available.
REsidences from $699,900

-AND-

LOFTS @ BRIGHTWOOD Washington DC

4/15 1-5 PM
5832 Georgia Ave, NW
32 Lofts & Duplexes in Old Furniture Store - 2BR + Lofts
FEATURES: 20' Ceilings, Floor-to-Ceiling Windows, Bamboo Hardwoods Throughout, Travertine Marble Baths, Maple & Granite Kitchens, Stainless Steel Appliances, Spectacular Roof Deck & Garage Parking Available.
Condominium pre-construction from $362K

-AND-

NEW PLAZA Washington

4/15 1-5 PM
1115 12th Street -
37 Chic Condos w/HUGE 2BRs
FEATURES: Wide Open Layouts, High Ceilings, Bamboo Hardwoods Throughout, Travertine Marble Baths, Maple & Granite Kitchens, 2BRs w/Stainless Steel Appliances, Great Bay Windows & Round Rooms.
Studios from $221K
1BRs from $317K
2BRS from $474K

-AND-

THE FLORIDIAN

4/15 1-5 PM
913 Florida Ave, NW
118 Lofts @ U Street METRO -
FEATURES: 10' Floor-to-Ceiling Windows, Exposed Conc Ceilings & Spiral Ducts, Hardwood Floors, Floating Quartz-Topped Bath Vanities & Overmount Vessel Sinks, Maple Kitchens w/Conc or Stainless Steel Counters, Gas Cooking, W/D in Unit, Incredible Roof Deck & Garage Parking Available.
from $249,900 - $1.1M

---

See you there!

UrbanLand Company
Real Estate Brokerage
202.299.9223

Seattle Carbon 56 Condos

Chemistry is the key to living life and when there is an emotional and physical reaction, you feel better than ever. The Carbon56 condominiums in Seattle provide just that chemistry in life that you seek: a place to relax, unwind and let you be you. Balance is Carbon 56.

Why wait and purchase presales Seattle real estate properties when you can buy something that is already complete and ready for you? At the Seattle Carbon56 condominiums, there is no waiting time, no presales line-ups and no pre-construction headaches as these homes are already finished and waiting for the urban couples and singles seeking an affordable apartment style condo residential building in the heart of the Emerald City. Located at 2015 Terry Avenue in Seattle WA 98121, the Carbon 56 condo apartment suites have just had their grand opening for their sales and marketing and they are now open every day (except Fridays) between the hours of 12 noon and 6pm for people who want a preview or purchase appointment. Chemistry in life, relaxation and work is what the Seattle Carbon56 condominium suites can provide you, your loved ones and your pets.

Contact Info

From the north side of Seattle, you can get to the Carbon 56 condo property development using the following directions: I-5 toward Seattle, take Stewart Street 166 exit onto Denny Way, right turn at Stewart Street and the turn right at Terry Avenue. If you are coming from the south to the Carbon 56 Seattle condominiums, drive north I-5, merge onto Olive Way via exit 166, turn right at Melrose Avenue then at Pine Street, then Boren Ave and then turn left on Olive Way and turn right on Terry Avenue. The physical address of the Carbon56 Seattle condos is 2105 Terry Avenue in Washington State and their presentation center phone number is 206.624.1681 and fax number is 206.260.3482. Visit their presentation sales office today to find out the availability and pricing of select units at Carbon 56 properties. You may also visit the Carbon 56 Seattle condominium web site located online at http://carbon56.com/ where you can find a twenty photo image gallery of the residential building, interiors, exteriors and renderings as well as a location map of the community. For the informative Carbon 56 condo overview, you can visit http://carbon56.com/_pdf/Carbon56_brochure.pdf for a downloadable brochure of the real estate development.

Floorplans at Carbon56

Here are some of the featured floor plans at this Seattle real estate property that features the Mercer layout that is between seven hundred and fifty nine to seven hundred and seventy seven square feet, the Olive between 667 and 774 sq ft, and the Virginia Carbon 56 floorplan that is between 777 to one thousand one hundred and forty two sqft. Next floor plan at the Seattle Carbon 56 condominium apartment suites is the Union layout with eight hundred and sixty seven to one thousand and sixty seven square footage and the Denny plan with 742 to 759 sqft. The Carbon56 condominiums in Seattle Washington will have some of the most modern and luxurious finishes that include some or all of the following depending on your selected unit: maple hardwood flooring, maple cabinets, luxurious stainless steel appliances, slab stone counters in the bathroom and kitchens, tile bath flooring and backsplashes as well as air conditioning and radiant heating in each Carbon 56 Seattle home residence. The Carbon56 Seattle condos will also have thirteen foot high ceilings as well as floor to ceiling window walls and underground secure garage parking for all residents. Also, there is a view terrace with great neighbourhood and community view vantage points as well as storage available for select units and residents at the Seattle Carbon 56 apartment style residences. Low maintenance, high tech and modern spaces are what the Carbon56 Seattle condos can provide you in terms of living, working and relaxing in this community.

Click here for more information regarding pre-construction Seattle real estate, presales Seattle Washington condo properties

The residences and building

The Carbon Seattle 56 condominiums suites will be open spaces with some residential ceiling heights reaching fifteen feet high. High tech kitchens as well as spa inspired bathrooms are other features that you can expect at the Seattle Carbon 56 condo suites and apartments which make for urban living that is perfectly situated in the ehart of the city as well. Other features not listed above include in floor radiant heating as well as large terraces off of each residential unit at Carbon56 in addition to being close to Seattle’s best parks, transportation routes, shopping, and neighbourhood cafes and bistros. Whether you are looking for a long term home or a short term real estate investment, the Carbon 56 Seattle condos provide many opportunities for you to get into the real estate market without having to wait for presales or pre-construction buildings to come. The Carbon56 condominiums are a unique breed of residences that will remain unmatched form years to come.

Prestigious Real Estate Properties makes Real Estate Investment a Snap

Published in the Real Estate Business Edge newspaper Advertising Feature in February 2007. Generate cash flow while you watch property value increase.

Every would-be real estate investor is seeking the fiscal equivalent of the Holy Grail: a fully secured, no-risk deal with guaranteed and robust rates of return.

Unfortunately, the Holy Grail remains elusive. And experience home buyers and sellers realize it’s a rare investment that doesn’t entail at least a minor element of risk. But that’s the key to wise investment in real estate: you’ve got to tap into the highest possible returns while keeping risk as far out of the picture as possible.

At Prestigious Properties, President Thomas Beyer and the Chief Operating Officer Doug Thiessen have shown that the syndicated purchase of carefully selected rental properties can bring real estate investors reliable quarterly cash flow and significant equity appreciation, with moderate risk.

Beyer and Thiessen have developed a highly successful formula that has made money for hundreds of their associates, most of them “ordinary” real estate investors who have never regretted their decision to enter into a syndicated purchase agreement.

“Investors generally want three things: zero risk, regular income on a monthly basis and a 100-per-cent guaranteed chance to watch their equity grow at a substantial rate,” says Beyer, an MBA from the University of Alberta as well as a Gold member of the Alberta Real Estate Investment Network.

“While nobody in the real estate investment community is able to offer absolutely iron-clad guarantees, Prestigious Proeprties CAN enable you to share in the ownership of a revenue-producing apartment building that’s as close to bulletproof as it’s possible to be,” he adds.

Much of the beauty of the plan lies in its simplicity. Beyer urges you to become a landlord while leaving all the hassles to him and his team. His program works this way: real estate investors with a minimum of $25,000 come aboard as partners in a syndicate to purchase an under-managed, under-valued property in a well-regarded area of a promising city such as Edmonton, Powell River, B.C. or certain medium-sized towns in Saskatchewan, B.C. or Alberta.

Beyer likes to refer to his ideal target properties as Class C buildings situated in Class B urban neighbourhoods. These are choice if underrated districts, where property values seem destined to appreciate.

When a purchase syndicate is formed, such properties will be acquired, skilfully managed, appropriately renovated, and eventually re-financed after a lapse of time ranging from nine to 24 months. By that time, rents will have increased, with a commensurate rise in the value of the building in question.

Under the terms of a pre-arranged exit strategy, the syndicate will eventually sell the real estate asset for as much as 30 to 90 per cent more than the original purchase price.

“There will always be demand for residential tenants in dynamic provincial economies such as B.C.,, Alberta and Saskatchewan. Time and again, we have proven the rental market is a good growth area, whether the economy is strong or soft,” says Bayer.

Prestigious Properties expends enormous effort on due diligence, carefully and methodically identifying potential real estate asset able to combine positive cash flow with equity growth. Apartment or townhouse complexes full of renters tend to match this profile beautifully. Because, as Beyer points out, the more rental units in the building, the greater the cash flow – even after taking care of upfront expenses such as taxes, mortgage payments and rental management.

As an example, the president cites the company’s most recent investment opportuniy. It’s a 104-unit townhouse style complex in Wetaskiwin, not far southeast of Alberta’s capital city. Prestigious Properties is currently projecting combined cash flow (generally distributed on a quarterly basis) and equity growth of as much as 15 to 20 per cent a year on this complex. Beyer believes the value of this residential property could easily double within four to five years.

“And don’t forget, there are numerous tax advantages to our program, including flow-through of expenses via our LP. These real estate assets enjoy tax deferred status until such time as they are sold,” Beyer hastens to add.

In short, it’s the perfect way for a man or woman in the street to take advantage of Western Canada’s booming real estate market. Beyer believes mature real estate investors may be kidding themselves if they believe they can retire off a stock-market based investment, such as a mutual fund. They’d be wiser to put their money into a safe, inflation proof REAL estate investment that makes money as you sit back an watch its value appreciate.

Beyer has learned the real estate business from the ground up. An award winning Christian businessman with a glowing track record, he urges you to get smart and go with a winner.

That’s Prestigious Properties. It may not be the Holy Grail, but it’s as close as most investors in real estate are likely to come.

Check out the Prestigious Properties website: www.prestprop.com. Then contact the company at 403.678.3330 or email investor@prestprop.com.

For other joint venture Edmonton real estate property deals and investment opportunities, click here.

Should you sell or rent? The ongoing debate of selling property for capital gains versus keeping them for positive cashflow

Part 2 of this article published in the Australia Property Investor Magazine.

You don’t need to sell to access your gains in real estate

Lomas says people think they have to sell real estate to release the capital gains they’ve made. “But your unrealised gains are worth just as much- probably more, because you don’t have to pay CGT (capital gains tax),” she says. “The gains are there for you to leverage against. You don’t have to realise the gains to leverage into more real estate property or another kind of investment. If people are thinking of selling because they want to cash for seomthing, they would be better to get that cash by borrowing against their equity – although it depends on many variables.”

A comparison of two hypothetical scenarios shows how home equity is more powerful in creating wealth if good property is retained rather than traded. Take two real estate investors who buy similar investment properties for $300,000, one who plans to use the equity build-up to buy more properties, the other seeking to trade the property. For the purposes of the exercise, let’s assume values rise 10 per cent a year andignore buying costs (identical for both real estate investors).

After two years both investors in real estate buy again. Investor A ha $63,000 equity and uses that as leverage to buy a second property for $400,000. Investor B realises his $63,000 equity build-up by selling (and paying around $25,000 in fees and taxes) before buying a better property for $400,000.

After another two years, both real estate investors buy again using their respective strategies. Compare their situations after another two years (i.e. six years after each made the initial purchase):

Investor A owns three investment properties worth around $1.72 million, with total equity of $521,000. Investor A is well-positioned to buy more property.

Investor B has one property worth $605,000 with equity of $105,000. Along the way, Investor B paid out $60,000 in fees and taxes by selling and is about to lose more, because the strategy in real estate property investments calls for Investor B to sell and buy again.

Plan and be patient with real estate

Perth real estate agent Bernie Kroczek says building wealth through property investment requires a long-term goal, developing a real estate strategy and being disciplined enough to follow the plan without over-extending.

“Assuming that you’ve done your homework and purchased wisely within your financial capabilities, holding a real estate property over the long-term (minimum of 10 years) virtually guarantees success – without taking unnecessary risks or trying to pick the real estate market,” Kroczek says. “It’s really quite simple and doesn’t require tricks, elaborate schemes or superior knowledge – which many people pay thousands of dollars for, attending one seminar after another looking for the magic bullet.”

Bright tells all his real estate investor clients they should look at a five-year buy-and-hold as a minimum – but preferably they should never sell. “They should be happy to own the property real estate if the market shut tomorrow and never reopened,” he says. Balanda says he helps many wealthy people with lots of property assets prepare their wills; invariably they’re people who’ve bought and held shares and property. “Very few people create wealth through trading, but I see a lot who create wealth through buying and holding good assets,” he says.

Wakelin advises investors in property to hang on to their tax-free profits and use them to leverage into other assets. “Hold on to good quality assets in real estate and use the equity build-up ad your notional deposit to buy the next property. It’s incredibly simple. The real take home advantage message is that there’s no need to line anybody else’s pocket. Hang on to your profits.”

Wakelin says real estate investors should base property-buying decisions on the potential to double in value every seven to ten years. “You only need to build up $50,000 to $60,000 in equity. You can unlock a good proportion of that and use it to springboard into the next asset.”

Hegney buys with a long-term view and never sells (these days) because he want to avoid the capital gains tax. “I’ve bought and sold 10 or 12 properties and the wealth I’ve created out of that hasn’t been as high as buying and holding five good properties – because a lot of my growth has gone in fees and taxes. “By the time you sell, pay fees an dpay capital gains tax, the next real estate investment you buy has to work that much harder to make up for that.”

Lomas owns more than 30 properties and has only once sold a property. “You might get good growth in the first year or it might be the ninth or tenth year, but you need to hold for ten years to make it work for you. If you’re buying to trade, you probably won’t give it that much time.”

Of course, there are real estate expectations…

Mortgage broker Tricia Green of Home Loans Now is an experienced real estate investor who sometimes sells assets in property. She says it depends on her initial objective in buying a particular property. “Sometimes I buy with the intention of making improvements to achieve capital gains and then on-selling,” she says. “But if it’s negatively geared for tax benefits I wouldn’t want to sell. It depends on what you’re buying it for.”

Green bought a block of apartment units with friends who planned to renovate and sell the improved product. “Our objective is to hold the property investment for a year to reduce the capital gains tax impact – and as the units become vacant we’ll renovate them and sell.”

Green says people who retain properties and build their equity so they can borrow against it to buy more need to be aware of the commitments they are taking on. “That’s fine providing it’s not going to create hardship in meeting repayments,” she says. “You have to service the loans and if the repayments are much higher than the income, it might work against you.

“But I agree, why sell if you’re comfortable with the commitment, because the real estate capital gains will still be there for you to use. If you’re investing for your retirement, just keep them and build up a property portfolio.”

Wakelin says there’s a danger in the buy-and-hold strategy in real estate property investing for people who over-commit and become too gung-ho. “There have been lots of so-called gurus urging people to be highly speculative,” she says. “It’s better to buy a good tenantable property, be patient and let it do its work to allow the home equity to build.”

Hegney says many home buyers in the recent boom market in Perth have made the mistake of buying with short term vision. “People have bought assets in real estate that have been fantastic performers over one or three years, but they’re not long-term performers,” he says. “if the property real estate market goes into reverse, they’re the assets you’d want to get rid of. “I would say to people – all those properties you bought in the cheaper areas that aren’t long-term high growth areas, I would sell them now. They’ve had their run.”

Lomas says trying to trade away your way to wealth is a mistake but it’s also a mistake to hang on to property real estate that doesn’t perform.

“In those circumstances, you have to cut your losses and get out when you can,” she says. “I always say you should never sell but sometimes you need to. I discourage people from hanging onto something that’s a bad real estate investment which is soaking up money and preventing them form buying more property real estate. You might need to get rid of it to allow you to do something else.”

A client of McGeever’s provides a striking example. The real estate investor paid $120,000 for a small suburban unit in 1992 and found it was only worth $95,000 10 years later. He had to decide whether to persevere or cut his losses. He decided to sell and used the proceeds to buy a small retail property investment for $365,000, yielding 9.5 per cent.

McGeever says with rental increases and firming yields, that real estate property is now worth $645,000.

Terry Ryder is the creator of hotspotting.com.au and author of four real estate books.

The Ocean Four Sunny Isle Beach Residences

The same presales real estate development team that brought you Ocean One, Two, Three, now launches the 04 Condos or Ocean Four Luxury Residences in Sunny Isle Beach in Florida.

For a limited time and with limited availability left, home buyers and real estate investors in presales properties in Florida, can get a chance to purchase one of a few Ocean Four luxury residence condominiums left at 04 condo towers. Located in Sunny Isle Beach in Florida, Ocean Four condominium suites will start from the price point of six hundred thousand US dollar range and reaching several million. The 04 condominiums are all luxurious beachfront residences and right now, both previews and pricing including floor plans available through the O4 presentation center. The Sunny Isle Beachfront Ocean Four luxury condos will not last long as there is a long waiting list for purchase today already.

Next Steps to Own at O4 Condominiums

The beachfront residences at the Ocean Four tower in Sunny Isle Beach FL is now accepting priority presales real estate registrations as well as booking preview appointments for prospective home purchasers and investors in presales Florida property. The sales center for the O4 beachfront Ocean Four luxury residences is located at 17070 Collins Avenue in Suite 263 on Sunny Isle Beach, Florida with a zip code of 33160. If you would like to book an appointment, you need to do it sooner rather than later and the telephone number for the 04 beachfront luxury residence presentation center is 305.682.2222. There is no toll free number for international investors and prospective buyers at this time. For more information or to browse more details about the real estate developer, select presales Ocean four luxury residence pricing and floorplans, contact pages and the lastest beachfront O4 newsletter, please visit the Ocean Four Sunny Isle Beach web site online at http://www.oceanfour.com/. You can click on the following link for the sales manager email address at 04 beachfront condominiums too: http://www.oceanfour.com/contact.html.

The Real Estate Developer

The development team for the O4 beachfront condominiums at the Ocean Four residential tower in Sunny Isle Beach includes The Related Group of Florida which was launched back in 1979 and has been the nation’s leading builder of luxury real estate properties, beachfront and oceanfront property as well as the premier real estate development firms for multi-family housing. With more than 55,000 residential units under their belt, the Related Group of Florida is now launching the fourth phase of the Ocean luxury residence project at Ocean Four condominiums which is also known as O4. Currently, these presales Sunny Isle Beach properties are going to be sold out very soon. For the latest Ocean Four beachfront luxury residence condominium newsletters by O4, please visit http://www.oceanfour.com/newsletter.html. The latest Ocean Four newsletter is the Summer of 2006 one which is located here (as a PDF downloadable file): http://www.oceanfour.com/images/summer06.pdf.

Floor Plans at O4 Sunny Isle Beach

With ocean views and lots of amenities in addition to the great location within sensational Sunny Isle Beach, Ocean Four condominiums are O4 luxury residences that will have custom finishes of marble and granite, custom designed Italian kitchens and spacious floor to ceiling windows with unparalleled views of beauty. The floorplans at the Sunny Isle Beach Ocean Four beachfront residences includes the following: Unit A plan which has three bedrooms, and 3 ½ bathrooms with an indoor space of two thousand seven hundred and fifty five square feet and two hundred and fifty six sqft balcony, Unit floorplan B at O4 condos is a two bedroom and two bathroom condominium with 1396 interior and 186 balcony and condo plan C which has 2 beds and 2.5 baths and an indoor urban space of 1886 sq ft and a spacious three hundred and ninety one square foot balcony. The beachfront presales Ocean Four luxury residences on Sunny Isle Beach also offers Floorplan D, with 2 beds and two baths for a total square footage of one thousand eight hundred and seveny square feet (both interior and exterior), Plan E at O4 condos is a 2/2 and with fifteen hundred and sixty five sq ft and lastly, Ocean Four Plan F is a three bedroom and 3.5 bath unit with three thousand and eighteen sqft interior and five hundred and sixty nine sqft balcony. The Sieger Suarez Architectural Partnership provded all the floorplan layout designs for the beachfront O4 presales Ocean Four condominiums. If you would like to download all the Ocean Four floorplans from the O4 Sunny Isle Beach presales real estate development, please visit this online link for all the PDF versions: http://www.oceanfour.com/floorplans.html. Again, the beachfront luxury Ocean Four presentation center is located at 17201 Collins Avenue in Sunny Isle Beach Florida. If you are looking for other presales Miami and Orlando condominiums.

Ivy Condos at 249 East 118th Street and 345 West 14th Street condominiums in New York City, NY

The New York Ivy Condos at 249 East 118th Street

The real estate property sales have started for The Ivy New York condo development in the presales and pre-construction phase, a ten level residential condominium development at 249 East 118th Street. The presales New York property project, which is nearing completion has twenty eight apartments. New 118th LLC is the real estate sponsor and Issac and Stern is the real estate architect for the NYC Ivy Condominium residences.

The Ivy New York City condominium presales property development will have a seven hundred and eighty five-square foot fitness and recreation center in the basement, and prices for a one-bedroom apartment condominium at Ivy New York with five hundred and sixty five sq ft started at about three hundred and fifty one thousand dollars and for a 2 bed and 2 bath residence apartment with nine hundred and sixty sq footage and a twenty four sq ft terrace started at just over seven hundred thousand US dollars, which is very affordable. The Ivy New York condominium presales properties are still available, so contact your closest realtor for the latest availability, floor plans and condominium prices at the Ivy New York residences.

The IVY Condominium building’s offering plan as submitted to the Attorney General in late 2006 has a purchase price total for all the units of almost seventeen million US dollars. In addition, the New York City Ivy condo properties has a frontage of ninety feet on 118th St. and forty feet on 2nd Avenue. The residential building is on the northwest corner of 2nd Avenue and its real estate marketing claims in and around New York City is that the Ivy NYC Condos will be the first luxury door-man residential condominium property in the East Harlem district.

345 West 14th Street Condominiums in New York City

Morris Adjmi is the real estate development team for this New York residential condominium that will feature eleven stories containing fifty apartment condominiums that is located on site at 345 West 14th St. (between 8th and 9th Avenues). Considered to be a multi-family presales New York property, the 345 West 14th Street condos will feature glass and metal construction that will have panel shutters that are moveable and includes nine feet high external window shutters that are operable by residents automatically from the comforts of their own home. This will allow residents at the 345 West 14th Street Condos the ability to reduce sun exposure, lighting and to provide more privacy. The actual physical location of the presales 345 West 14th St. Condominiums in New York City is at that street address which is on the north east corner of the Meat Packing District in Manhattan, or more clearly in the Greenwich Village district.

Back to the modern and functional window shutters at the pre-construction New York 345 West 14th Street condominium suites that are made of Prodema slats that are mounted professionally on steel angles and the rails are then concealed within the spandrel panels. The residents at the condominiums on 345 West 14th Street in NYC will have to ability to keep the shutters open or closed depending on how they feel that day and time, and basically changing the exterior façade and architectural details everyday at the unique pre-sales West 14th 345 condominium suites in Manhattan.

If you would like more information about the Morris Adjmi 345 West 14 Street Manhattan presales condos, please visit the architects web site that is located online at www.ma.com. In addition, the design of this real estate development at 345 West 14th Street is complimentary to the Porter House Condominiums in New York City that presents vertical slit windows. The NY Porter House Condos are located on the southwest corner of 15Th Street and 9th Avenue in Manhattan, again in the Meat Packing District. The 345 West 14th Street Manhattan condominium are located two doors east of Ninth Ave.

This real estate development in the Greenwich Village district of NYC is expected to be completed by the spring of 2008. The 345 West 14th Street New York condominiums are actually just a few doors down from another new presales condo development that is called the New York Prime Condos at 333 West 14th Street. This is a distinguished property project that has unique brise soleils and fenestration patterns that make it very modern yet different looking. The New York City Prime Condominium properties will only feature nine luxury apartment condos and is the design work of Francois de Marignac and Bice C. Wilson of the Meridian Design Associates Architects for the Jim Riggs of 333 West 14th Street Partnership.

Both of these presales New York condominium developments are within the Meat Packing District of Manhattan and close to Lower Chelsea and High Line where you will find a great number of casual and fine dining restaurants in addition to clubs, nightlife, and plenty of shopping.

For other pre-construction Baltimore real estate property and NYC condominium tower residences, click here.

House Not For Sale – Should You Sell your Real Estate Property? - Part 1

API Magazine of Australia examines why some real estate investors try to trade their way to real estate riches… but is buying and selling property really the best investment strategy? This is what Terry Ryder explains in this article. Part 1 of 2.

Ever driven past a house you owned 15 years ago, knowing you sold for $150,000 and it’s now worth $500,000? If you have, you’ve experienced one of the reasons why most property analysts agree that if you own good real estate, you should never sell. There are other strong reasons to reject the trading method of wealth creation. The high cost of selling and buying real estate is one of them. So too is the power of equity in creating a real estate portfolio.

Sydney property buyers agent Patrick Bright applies the philosophy of American share market legend Warren Buffet to real estate investing. “Buffet’s approach is to buy something he would be happy to won forever. His fundamental question is, ‘if you could never sell it, would you be happy forever?’ “That’s become my focus with real estate. If you follow that approach, you’ll make sure you do proper research and look at areas with future prospects.”

Many real estate property analysts agree. Monique Wakelin of Wakelin Property Advisory in Melbourne says: “Trading is absolutely not the way to go.” And Perth analyst Gavin Hegney of Hegney Property Group says: “If you’ve done your research and bought the right property, you should never sell.”

Impatience and Imprudent Decisions in Real Estate Investing

Gold Coast solicitor Rob Balanda of MBA Lawyers sees many real estate investors make mistakes with their assets because they get bored with them. They sell property assets they should keep because they lack long-term vision. “Patience isn’t a virtue many investors have,” he says. “But it’s a virtue real estate investors need to have to be successful and create wealth.”

Balanda says some residential property investors get too caught up in problems with tenants. They make the mistake of trying to manage the property themselves. Hegney says too many investors in property apply a ‘get rich quick’ mentality and lack a long-term outlook.

He says, “People buy a property, it goes up in value by $50,000 or $100,000 and they think: that’s my vision. I’ll sell and take my profit. And typically they spend it on a car or an overseas trip. “People don’t see real estate investments as businesses. They see them with a terminal life: making a certain amount and then spending it. A good investment is like a business. If it’s a good business and continues to create wealth, why would you sell it?”

Hegney says some sell real estate and properties too soon because they don’t understand the impact of compound interest. “If you have a million dollar asset and it grows 10 per cent, its value is $1.1 million after one year. When it rises another 10 per cent, that’s 10 per cent on $1.1 million, not on the original rela estate property price. By the time you get to year 10, it’s $2.6 million. It’s that compounding effect of property investing that creates the wealth.

“The same thing happens with rental return. With the current rental rates and growth, within five to ten years your rents are well and truly servicing your repayments for a high-growth asset. “In 90 per cent of cases, the most an investment property will cost you is in the first couple of years. After that, your costs should decrease as your rents increase.”

Hegney says in an ideal real estate investment world the only asset people should trade is their principal place of residence. As they create wealth, they can buy a bigger and better home and not be liable for capital gains tax. “But all other real estate property assets you hold forever – unless some drastic change comes to your life.”

Brisbane buyers agent Scott McGeever agrees that the only time you should trade in real estate is to upgrade the family home. “You do that to give yourself a better standard of living and it’s a tax-free ride,” he says.