Visionary developers are being courted aggressively by city leaders throughout the country. They are also in high demand by other public officials, including university planners, transit authorities, county officials, school administrators and public hospital leaders. There’s a reason for this new popularity – mixed-use development has become one of the hottest new tools for generating revenue that public officials badly need.
Urban developments are the perfect vehicle for blending together retail, housing, entertainment, parks, health care and cultural facilities to create “communities” that attract people and businesses. This type of project is every municipal leader’s dream because of the benefits that are possible.
New development projects increase property tax and sales tax revenues. They result in economic stimulus that lasts for decades. And, if these projects are collaborative in nature, they also produce new revenue streams for cities. Falls Church, Virginia, analyzed eight mixed-use developments recently and reported that the projects generated $3.8 million in net revenue annually. Gross revenue of $10.6 million per year was generated by the projects when all city tax sources were included.
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Real estate has always been a wise investment. When you want to see your cash grow beyond anything a standard bank account can ever bring, wise investments in rental properties can prove well-worth their weight in gold. The trick is knowing how to find the right property in which to invest—and understanding what’s actually involved with being a landlord—before you find yourself falling down a money pit.
Before you go shopping for your next piece of real estate, here are three things you need to consider:
1. The Condition of the Property
You want to find a property that won’t devour your wallet when it’s time to get it up to code.
Plenty of people find fixer-uppers they can’t live without, and make a lot of profit by flipping these properties into desirable rentals. Before you endeavor in this route, you need to know what exactly is involved with putting it back into livable conditions. If you are new to the business, you need to be getting contractors out to the house once you are under agreement to make sure the roof, siding, foundation, electric, plumbing, etc.. are in good condition. You will also want estimates if anything needs to be replaced or fixed. One of the biggest mistakes novice investors make when purchasing a rental property that is a fixer upper is they do not allocate enough money for the renovations/repair costs.
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Finding that perfect spot, where you come back and unwind after a hard day at work can be a difficult job, especially if you’re not the type of person that can be easily pleased, by any random location.
You have to look through various listings, see if they fit your budget and eventually go check out the place by yourself, just to be sure that everything is ok.
All these things take a lot of time and nerves and we strongly believe that you want to avoid being put in such a situation. In this case, we’re pretty sure that you’re wondering if there is not an easier solution, like doing it online. Well, you said the magic word: “online”.
After doing a bit of research, we’ve come across a few of the best sites and apps (yes, there are dedicated apps for this!) which you can use to find your dream apartment sooner than expected.
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If you’re among those looking forward to buying a condo using an FHA loan, there’s one crucial aspect you should be aware of: the location must meet a few requirements and be included on the FHA Condominium Approval List. Basically, condo associations must apply to have their project added on the list, first thing first.
What’s an FHA approved condo?
Such locations are basically residential condominiums that meet all the property eligibility requirements and are, of course, available for purchasing the above-mentioned loan. The Federal Housing Administration insures one unit condos in which you can get either a 15 year or a 30 years fixed-rate mortgage.
Generally speaking, any condo can be bought using many different types of home loans, even conventional loans. However, if you want to get one through an FHA loan, the property must be approved by the Administration.
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Becoming a non-habitual resident of Portugal is in your best interest and one of the best kept secrets among the European elite. For the modern investor, Portugal provides a number of unique and promising opportunities. With a long standing reputation for historically steeped culture, wine production, one of the world’s top seafood industries, and ideal weather, Portugal sees millions of tourists arrive on it’s shores each year. Maybe you’ve even been one yourself, if so now is the time to exchange your tourist status for an entirely different title: Non habitual resident. If Portugal has you coming back year after year to enjoy all the things this beautiful country has to offer, or if you’ve never been and are looking broadly at possible investment opportunity, Portugal houses a tax regime and quality of living that appeals to anyone. Let me just break it down for you.
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Best Real Estate Companies in Miami
Miami is one of the busiest cities in the USA and not just because of its residents but also because it stands as one of the most attractive destinations for the tourists. Every resident and even tourist always wants to stay at a location which is amazing and attractive such as one on the beach side. However, to get the best option within reach and at the best price, it is necessary to get a real estate company that not just simply attends to the needs of its clients but also has one of the most fluent and connected network in the whole of Miami. In the case of Miami, getting the best location for permanent or even temporary residential purposes is hard to get as there are many real estate companies prying on every location. It is a competition which requires extra efficiency otherwise you could end up making a bad deal. Thus, to make things a bit easier for you we have sorted some of the top real estate companies in all of Miami.
Beachfront Realty – Well, when it is about getting hands on the best location in any corner of Miami, Beachfront Realty could possibly be the answer to all your concerns. There is no doubt that getting the best spot in Miami is often a challenging task but Beachfront Realty gets things done easily. This is because it has a huge and interconnected network which works excessively to get the best options served to its customers.
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Best Real Estate Companies in Germany
With the evolving times, there has been an increasing need and interest in the sector of real estate as it has become one of the safest and fastest growing sector all over the world. However, when investing into a real estate, it becomes really very important to get the services of one of the best real estate company. Although, getting the right real estate company at your side could often be challenging task as every individual requires different sets of skills to handle their investment into a real estate. Moreover, even if it is not in regards to investing into a company, a simple purchase of a house or getting one on a rent could be affected a lot with the right real estate at your side. In order to make things easy for you here we have listed some of the top and most trusted real estate companies in the whole of Germany.
Berlin Office Rentals – Berlin office rentals may prove to be the perfect choice for you if you are looking for a real estate company that would get you the best deals when it comes to the office spaces purchasing or renting. If you are thinking to initiate a new office or move to one in Berlin, Germany then this company would be the response to all your questions. Get the best deals and save your capital investment!
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