Preconstruction at the Palazzo del Lago in Orlando, Fl

Writen by Mark Goldberg

Well the buzz at the Blue Rose Resort hasn’t even had a chance to calm down before another luxury real estate development got the Orlando investment community swarming. This new development is called the Palazzo del Lago and is located on International Drive just four miles from the Orange County Convention Center. The Palazzo del Lago has been anticipated for the last several years and on Wednesday the developer started releasing information about development unfold including 3 d renderings and drawing, concept sketches, and most importantly preconstruction pricing. Being a master brokerage I was in attendance at the release and had a chance to speak with developer and I have to say I am very impressed with the level of quality the Palazzo del Lago is putting forth even at such an early stage of the game.

I can tell you details about this Orlando development all day but I will just go over the basics and if you need to know anything specific feel free to visit my website or email me with any questions.

Basic information about the Palazzo del Lago in Orlando, Fl :

* The Palazzo Hotel will have 1,260 rooms and be 14 stories

* Hospitality Development Group is the developer and they plan to begin construction this fall

* The development is expected to open early 2009 at a cost of $800 million

* The resort also would contain 994 units in five 18 story towers called the Villas at Palazzo del Lago (starting around $300,000 for preconstruction)

* This luxury condo hotel is located on International Drive and will would join a growing number of luxury hotels in that area that cater to business travelers as well as vacationing families and tourists.

* Hospitality Development (the developer) plans to sell 585 rooms in the hotel to investors, with unit prices starting around $400,000. Selling rooms as condominiums is an increasingly popular financing method and many investors prefer this method to old fashioned flipping.

In my opinion the Palazzo del Lago is going to be one of those investment opportunities that every serious investor will want in on. With the success of the area and the increasing need from investors for preconstruction investments in hot areas it wouldn’t surprise me if all the preconstruction units for the Palazzo del Lago as well as the Villas at Palazzo del Lago sell out in a few weeks.

For the most up to date information on the Palazzo del Lago in Orlando feel free to check out my free informational site that contains all latest pictures, information, and prices.

http://www.yaerd.org/palazzodellago_resort_orlando.htm

Mark Goldberg
http://www.InvestRealEstate101.com
Phone: 1 866 247 2259
E mail: info@GoldbergRealtyUSA.com

South Florida Investment Real Estate Properties Opening Up

Writen by Mark Goldberg

Many of you have been emailing me the following question:

“… Mark, You keep mentioning about the Orlando and Las Vegas investment real estate market but you haven’t mentioned much about the South Florida investment market. What are your thoughts on the South Florida investment and preconstruction real estate markets?”

I wish there was a short answer but the following will have to do. South Florida real estate properties have been rising over the last few years but I feel there are better and safer markets to invest in right now. Although investing in Miami (as long as it’s preconstruction) is always a great idea because of the overwhelming demand for it. When investing in south Florida the fact is that finding preconstruction investment real estate in Miami is much more difficult then let’s say Orlando, Ft. Lauderdale, or even Las Vegas. There are several preconstruction developments opening up but many investors like choice and when you tell them that you have 8 nice preconstruction properties in Orlando and 6 in Las Vegas and only one in south Florida, people tend to think that south Florida isn’t growing like the rest of the market. Many investors like to pick a home that reflects their personal style and when there is no selection of inventory this usually turns the investor off or even worse causes the investor to buy a very risky investment from a new developer. Imagine you walked into a car dealership and asked to see their luxury cars and they pulled out one car and said this is our entire inventory. Chances are you are not going to buy the car no matter how perfect is because you didn’t have any selection and you felt like you had no choice in the matter. That is what the South Florida investment market is like, there are some good preconstruction investment properties but because the selection is limited only the educated experienced investors will purchase them.

I’m not saying that investing in south florida real estate properties is a bad idea it’s just not at the top of the list for the serious real estate investors. Many people choose to invest in south Florida hot spots like Miami or South Beach but that is because they want to visit the condo or home for vacation. I never discourage investors from investing in south Florida but then again I seldom bring it up unless that is the specific area they want.

The key thing to remember is that south Florida was a great investment market a few years ago but has defiantly cooled down over the last year or two. While if you buy in preconstruction you can still make a strong ROI you may want to look into other markets where there is more of a selection of choice developments.

If you are looking for more information on the south florida investment real estate market please call or visit our website. I have over 19 years experience in the Florida investment real estate industry and have a great knowledge of almost all projects around the state.

Goldberg Executive Realty Group
Mark Goldberg
Phone: 1 866 247 2259
E mail: GoldbergRealtyGroup@cfl.rr.com http://www.investrealestate101.com

Uncle Sam Wants You! (To Buy A Home From Him)

Writen by Chris Yarbrough

VA Homes and Home Loans

VA stands for U.S. Department of Veterans Affairs. To get a home loan through the VA, you must have served in one of the branches of the Armed Forces.

How does this concern the non veteran? Simple: When a veteran defaults on a VA backed loan, the VA pays off the mortgage, assumes title to the property and then liquidates it. Anyone can buy a VA owned home.

The Differences Between HUD Homes and VA homes

Homes owned by the VA are almost always in better shape than those owned by HUD. It is a simple matter of demographics; HUD through the FHA will loan to almost anyone, while the VA is very exclusive. There tend to be far fewer VA homes available in relation to HUD homes as a result of the limited applicants, but VA homes can still be found for sale in almost every market in the U.S.

Dealing with the VA is completely different than dealing with HUD. The VA does not have an auction process. They have an offer process, much like that of a private owner. The difference is, the VA is a motivated seller. They are not looking to cash in on equity like a private owner is.

Chris Yarbrough writes for the eBay Guides.com His home buying guides can be viewed here.

Choosing a Realtor to Sell Your Property

Writen by Michaela Scherr

So how did we do it? Well my husband, who is a very busy man, happened to be away with work therefore it was up to me to interview three realtors. I did some research and chose high profile real estate agencies that had consistent and high sales averages. (You’ll probably notice that I only interviewed males this wasn’t intentional they were the names given to me and available at the time).

I staggered the three interviews over two days and with each one, an appraisal was done of the property taking into account renovations and special features.

Realtor One when asked how much he thought the property was worth couldn’t give me a figure, not even a wild guestimate! Not only that, he sounded unsure and unmotivated about anything to do with our property or anything else for that matter). I showed him around our house and pointed out special features, and all our renovations still no response. When I mentioned what our asking price was the response was head nodding and not much else. I uttered a silent “You’re firednext!”

Realtor Two said all the right words. He was a real go getter, smartly dressed, clean shaven, innovative and energetic. He assured me that if I wanted the house sold and we had a firm asking and reserve price, then he would be the man to do it. Then he continued to talk a lot for a long time, using the latest buzzwords. It was difficult getting a word in. However, once the asking price was mentioned there was a pregnant pause. He slowly replied that my asking price was at the very top end of the market, and implied we’d be very lucky to reach it. Still, he’d sounded convincingsort of

Realtor Three listened attentively and nodded every now and again and paraphrased me, ensuring we were singing to the same hymn sheet. As before he asked what our asking and reserve price were. Just as before the asking price appeared to be surprising. I watched his face and could see he was mentally calculating and assessing the property’s worth. I showed him around the property as I did with the others, and he was genuinely impressed what we were offering. He became very motivated and made suggestions that made sense.

For several months we did nothing, still unsure of when we were actually going to put our home on the market.

The first and second realtors never made contact again. They’d left it up to us to contact them when we were ready. Realtor No 3 kept in regular contact with generic updates of the area and never pushed us to do anything. He simply signed off on each letter that when we’re ready, he’d be ready.

The first realtor was totally disinterested in anything from the property to us as people, and the other, although innovative and motivated didn’t exhibit empathy and curiosity about us the owner’s, and no follow up. Connection is so important and although the first two were very nice individuals, it was something that was sadly lacking.

No 3 definitely got the job.

So why did he get the contract? Simply put, apart from keeping in regular contact, his knowledge and experience, and never aggressively trying to get our contract:

* He treated me (by this stage he was dealing directly with me) respectfully.

* He was always available to speak via telephone.

* He listened and understood what I wanted – nothing was ever a problem.

* He showed genuine interest in us as people. Conversations often turned to unrelated matters and we spoke of family and our travels.

* The one that clinched the deal was that he totally connected with us in the nicest way. We knew he had our best interests at heart.

There are many factors involved when selling property and choosing the right realtor. The main points I’d pass on are:

* Do your research – get to know your suburb if you don’t already, start reading the latest real estate material; speak to people in the industry – particularly the realtor’s you’re interviewing – you’ll get a feel of their knowledge and level of interest.

* Keep interviewing until you come up with someone that has strong people skills – not only are you looking for a connection, you’re also looking for someone who’ll connect strongly with prospective buyers.

Last but not least:

* Love the home you’re selling and others will love it also.

* Intuition is a great tool to have so when the time comes, use it.

Michaela is a Transformational Coach, certified practitioner of Neuro Linguistic Programming (NLP), writer, and Metaphysician who is totally committed to helping others create positive and action oriented changes to their lives. Michaela is also the author of several e books including Book of 10 Colour Meditation Scripts and Basic House Clearing 101 the Energy Way, and publisher of a monthly newsletter called From My Desk (see http://www.michaelascherr.com/Newsletters.htm).

Married to David, Michaela has two children and a grandchild and currently lives in Brisbane Australia.

How to Create Cash Flow Out of Thin Air!

Writen by Thomas Kish

Want to see a trick every real estate investor will love?

From the Desk of Thomas Kish

Crazy as it may sound…

…there really is something that can create cash flow out of thin air. And it has nothing to do with a magic wand or pulling rabbits out of a hat.

It has to do with the use of credit – but not in the way you are probably thinking.

The fact is that the proper use of your credit is often the most misunderstood concept in real estate investing.

What you need to know – and what I can teach you – is how to use a newly created business name to go out and get business credit cards and lines of credit for your real estate investing activities.

Your personal credit profile will NOT be affected when you use these UNSECURED business credit cards!

All the debt on this special kind of credit card is, in effect, invisible. So, unlike your personal credit cards, your credit score never goes down if you are using business lines of credit instead of personal credit.

One of my favorite ways to maximize cash flow in every piece of real estate I own is by using business credit cards to pay operating expenses.

Want to know why I love this?

1. No matter how much I charge on these business cards, this debt has no impact on my credit score.

2. Low cost to access cash from business lines of credit, unlike your typical home refinance charges.

3. I want to defer cash expenses until the property is sold, even if that is not for 5 years.

4. Everyone gets a much better cash on cash return when you defer expenses with business credit cards and unsecured lines of credit.

5. In many cases, my mortgage forces me to make a principal payment every month. So now I can return that cash flow back into my pocket without costly refinance charges every 2 years.

6. And finally, because I can triple my cash flow every month. Which lets me purchase more great real estate 3 times faster, and retire in luxury 20 years sooner than the average American.

How could you not love it!

Real estate can provide people with great net worth on paper, but no liquidity. That means your profits are a fantasy unless you sell.

By understanding how to use business credit cards, you can make yourself rich in REAL DOLLARS right NOW.

And see why my “HOW TO BEAT THE SYSTEM” in real estate investing is the ultimate NO MONEY DOWN system that will make you rich quickly.

When you buy real estate with cash from a unsecured business line of credit, you are a CASH BUYER. But you have not used any of your own money for the down payment.

Don’t limit your real estate investing to gimmicks like “creative financing.”

Buy anything you want with REAL CASH. Just go out and get it using “HOW TO BEAT THE SYSTEM” in real estate investing.

I did it, my clients did it and you can, too!

Thomas Kish
President of CashFlowExperts.Biz

About Thomas Kish…

Now a full time real estate investor, Tom has bought and sold over 5 Million Dollars worth of real estate in less than 2 years.

Tom is a bona fide expert in using new business lines of credit instead of cash to buy real estate. There is no one else teaching anything like this SYSTEM!

http://cashflowexperts.biz/cmd.asp?ad=137545

Downtown Orlando Real Estate

Writen by Peter Emerson

To get correct information about the real estate in downtown Orlando, homebuyers must consult a reputable real estate agent. Downtown is a buzzing place, and several people get confused by how quickly it changes. However, once you find real estate in downtown Orlando, you’ll love its convenience, area services, and all around quality of this bustling metropolis.

Its major attractions, such as shopping plazas and entertainment venues, have transformed the area into a very popular place. Those interested in getting a foothold in the area must consult real estate agents, who have the latest details of new homes and old home sales. Being familiar with the local market, the real estate agents will be in a position to help the new homebuyers clinch a deal at attractive rates.

By buying such property, the homeowners will have a good investment for the future. Though other forms of investment are also available, the real estate investments have made premium gains. Those who do not live in their home can rent it to others with the help of qualified real estate agents. The agent helps the owners handle the necessary paperwork while purchasing the property, and also helps them to find suitable tenants. Agents can also give advice on reducing tax burdens. Downtown is becoming one of the hot destinations for those seeking to relocate to Orlando, and this is leading to increase in prices of condos and other properties. Taking this into account, the real estate developers are including several amenities like separate pools, entertainment venues, parking lots and others, to attract more homebuyers.

Orlando Real Estate provides detailed information on Orlando real estate, downtown Orlando real estate, greater Orlando real estate, Orlando commercial real estate and more. Orlando Real Estate is affiliated with Seattle Real Estate Listings.

Clearwater Beach to St. Petersburg Beach Homes and Condos for Sale

Writen by Robert Lipply

Just west of Tampa in Pinellas County you will find Florida’s West Coast Barrier Islands. These islands have some of the most electric communities to be found among beach communities world wide. They include Clearwater Beach, Island Estates, Sand Key, Belleair Beach, Belleair Shores, Indian Rocks Beach, Indian Shores, Redington Shores, North Redington Beach, Madeira Beach, Treasure Island and St. Pete Beach.

These areas are blessed with sandy beaches and natural unspoiled landscapes with clear, sparkling Gulf waters, a subtropical climate, and an abundance of glorious Florida sunshine 365 days a year!

Pinellas County’s barrier islands are accessed via causeways and bridges and each community has its own unique flavor. Because of the mix of many different cultures, foods, music, and entertainment, life on these islands varies from one island to the next. You can find everything from a relaxed escape from the usual rat race of everyday life, to the exhilarating hip grinding beats of the live music being played at the clubs.

The island of Sand Key is just one of the many different communities you will find here. Sand Key is mostly a residential location of townhouses, homes, and luxury high rise condominiums. This island community does offer shopping and restaurants as well, housing two major hotels on its north end. This is a place to slow down and take the time to truly enjoy the simpler things in life. For the more adventurous, there is the Sand Key County Park, and nearby Clearwater Sailing center that provides for various recreational activities.

Clearwater Beach is another of Florida’s Barrier Islands. Clearwater Beach is 4 miles of pristine sandy beach, and supplies visitors and residents with plenty of water and beach activities including parasailing, fishing, swimming, jet skiing and volleyball to name just a few. Clearwater’s infamous “Pier 60″ has music, arts and crafts, and a daily celebration of the spectacular sunsets viewed from the pier. This community is alive with activity. They have hotels, shopping, and fine dining. Waterfront homes and condominiums are what residents can find for quality housing. A trolley is used to transport people between Clearwater beach and the mainland and also for trips to nearby Sand Key. You will find plenty of venues providing live music and you are only a short trolley trip away from the city of Clearwater’s many music and dance nightclubs.

Madeira Beach is yet another island community just off Florida’s western coast. As a direct entry point to the Gulf, you will find daily fishing, and cruising charters. This community has plenty of waterfront shops and fine dining restaurants. Residents are found living in various dwellings such as condos, apartments, and luxurious waterfront single family homes.

Belleair Shores is a private community island with million dollar waterfront homes. Access to this areas beach is restricted to use by residents only. There are no public access beaches in Belleair Shores. This is a community for those who desire to live in an area removed from the common everyday life found in other communities.

So if you’re looking to relocate to the sunny Pinellas West Coast of Florida, and would like to move away from ordinary living, consider contacting a Tampa Bay area real estate agent to discuss the different island communities. Your real estate agent can arrange for you to tour the different Barrier Islands that populate Pinellas County Florida’s West Coast, so that you can discover the community that offers the lifestyle and housing options that are right for you. Your real estate representative can assist you in finding the financing to buy your new property as well. These friendly, knowledgeable real estate agents are also a good resource for all of the information that you will need in order to make your transition to becoming a Florida resident a smooth as possible.

Bob Lipply and his team of full time, full service Tampa Bay Realtors, work hard to find the perfect home for their customers. If your desire is to live on the beach or own waterfront property in Pinellas County, contact them thru their website or search for available properties at Pinellas County Real Estate, you can also call toll free at 1 888 423 5775. We answer all calls promptly.

Buying Foreclosed Properties: Important Pitfalls

Writen by Teve Torbes

Many people have started looking at foreclosed properties as a new, cheap real estate investment. Properties at foreclosure sales often sell at a substantial discount, so you can get a very good deal in many cases. There are several problems you have to watch out for, however, so be careful.

First, you need to know the status of the liens on the property. You can’t just go in bidding and expect that you’ll come out owning the property you need to know who has initiated the sale and what your state law is regarding junior and senior liens. Many houses don’t just have a single mortgage they will have been used as security for multiple debts. A lot of would be investors get burned this way they buy a house for what they think is a good price, only to find out that there is still a large debt outstanding which they either have to pay or lose the house to yet another foreclosure sale. You’ll need to do a title search to find out whether there are any other loans, and you need to be familiar with state law on this subject.

Second, you should watch out for houses which you know nothing about. Don’t just rush in bidding based on the listed information that’s the biggest newcomer mistake. You need to know something about the property and it’s condition remember, the current person living there has just lost their house. They often don’t think twice about damaging it, and their anger at the bank can result in financial losses for you.

Teve Torbes is the developer of a great flea control site, who has taken the time to know lots of things about flea medicine. Torbes gets rave reviews for his wonderful inflatable air mattress site.

Real Estate Where you Should be Buying Today

Writen by Kamau Austin

Today, when one is thinking about purchasing real estate, not only the price range, the condition and the investment are important, but so is the location. The location of your real estate property is very important since this is where you will live with you family or where you will rent to another family.

Many people have a hard time trying to decide where to buy a home. Should it be in a big city such as New York City or Los Angeles, in the country like Holmes County, Ohio (home of the Amish), or in a smaller town such as Charleston, South Carolina? Rather you want to live in a big city where there is plenty of nightlife, or you want to live in a small town where everyone knows everyone or something in between, find the right location to purchase real estate can be difficult.

When you begin to think about a location where you want to purchase your real estate property, you must first think about a general location. This will be a personal preference. Do you want to live in the big city where there is a lot of hustle and bustle, noise, and a faster pace of living or would you like to live in a quiet corner of the country where there is little noise and people live at a slower pace. Maybe you want something in between. Which ever area is your preference, it must be the first step you take in deciding where to buy real estate.

Once you have decided on the general area, you can then compare a list of cities that are located with in that area. During this step, you want to look at the cities closely. What types of schools, libraries and churches are available in this town? Is there a hospital or doctor close by? How far is it from neighboring towns and cities? What is the population? You may even want to go visit your chosen town for a few days to actually see what is available and if it would be a place where you would want to live. Once you have decided on a city, you are then ready to begin seeking your property.

Today, many people are leaving the bigger cities and seeking homes in the cities suburbs. A lot of people work in the big cities, but when it comes to living, they prefer to live the big city for the quiet life of a smaller town or country. In the larger cities today, the crime rate is rising, the noise and pollution levels are exceeding reasonable limits and the cost of living in the city is rising. Therefore, the idea of a quite life without the threat of crime, noise, pollution or higher cost of living is attracting people from all walks of life all over the country.

According to Money Magazine, the best places to live in the United States are smaller towns that are suburbs of large cities. These include; Moorestown, New Jersey, Bainbridge Island, Washington, Harperville, Illinois, Vienna, Virginia, and Louisville, Colorado. (www.cnnmoney.com). Out of the top 100 best places to live in the United States, no larger cities were mentioned. Most were smaller cities or country areas.

Buying a house is difficult. However, by defining and analyzing the location where you would like to purchase real estate, some of the difficulty can be eliminated. Finding the right location is just as important as the cost, the maintenance, the investment and the closing. Be sure you choose a location that best fits your needs.

Resources http://homebuying.about.com/gi/dynamic/offsite.htm?zi=1/XJ&sdn=homebuying&zu=http%3A%2F%2Fmoney.cnn.com%2Fbest%2Fbplive%2F CNN Money Online. Retrieved April 1, 2006.

Kamau Austin is publisher of Montclair 411. Visit his site to get the latest news on the Hot Montclair New Jersey Real Estate scene. Also, get great info on New Jersey Mortgages at http://www.mortgagesbylarrystokes.com.