tagged w/ realestate
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New NYC hotel offers up-close views of ground zero
NEW YORK
--- At rates from $199 a night, guests at the new World Center Hotel can get as close to the hive of activity that is ground zero as it's possible to get without a hard hat.
The 169-room hotel just south of the World Trade Center site celebrated its grand opening Wednesday and Mayor Michael Bloomberg proclaimed World Center Hotel Day. But in what hotel executives call a soft opening, guests have been staying there for months as construction was completed floor by floor.
Deena Mendlowitz, an improv performer from Cleveland, said after checking out that it was "phenomenal" to see the rebuilding firsthand.
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http://news.yahoo.com/s/ap/20100609/ap_on_re_us/us_ground_zero_hotelNew NYC hotel offers up-close views of ground zero
NEW YORK
--- At rates from... more
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Farmer fires home-made cannon to defend land
BEIJING (Reuters) – A Chinese farmer has declared war on property developers who want his land, building a cannon out of a wheelbarrow and pipes and firing rockets at would-be eviction teams, state media said on Tuesday.
Yang Youde, who lives on the outskirts of bustling Wuhan city, in central Hubei province, says he has fended off two eviction attempts with his improvised weapon, which uses ammunition made from locally sold fireworks.
"I shot only over their heads to frighten them," the China Daily quoted him saying of his attacks on demolition workers sent to move him off his land. "I didn't want to cause any injuries."
The rockets can travel over 100 meters, and exploded with a deafening bang, the official paper added. It did not say if anyone had been injured.
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http://news.yahoo.com/s/nm/20100608/od_nm/us_china_cannonFarmer fires home-made cannon to defend land
BEIJING (Reuters) – A Chinese... more
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Convert your rentals to land contracts.Your obvious options are to sell or be the bank.
There are a number of positive things to be gained by converting your rentals into land contracts. A land contract is considered as an installment sale by the IRS. Instead of rent, in an installment sale you receive a land contract (PITI)
payment, which consists of principle, interest, taxes, and insurance. The interest is taxable, and the taxes and insurance are usually a wash because the money is a pass through, leaving the principle portion which is taxable only in proportion
to the difference between the purchase price and the land contract sale price.
Just as an example, you buy a house for $80,000 and sell it on a land contract for $100,000 a 20% gain. Thus, only 20% of the principle paid to you in any given year, including the down payment, is taxable. At the same time, if you have a
mortgage on the property, you have interest expenses which are still deductible.
The nice thing from the resident's standpoint is that they now respect you as the banker and enjoy the mortgage interest deduction and pride of ownership. In addition, their having made a down payment gives them a bigger stake in the property, and helps assure they'll look after your investment.
If they do not have adequate down payment you have the month and a half to take advantage of the 10% tax credit up to $8,000.
For more information on how the tax credit works visit NoBanksNoMoneyDown.com Go get 'em.Convert your rentals to land contracts.Your obvious options are to sell or be the... more
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Obagam
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added this
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2 years ago
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Native American tribes tired of waiting for the U.S. government to honor centuries-old treaties are buying back land where their ancestors lived and putting it in federal trust.
Native Americans say the purchases will help protect their culture and way of life by preserving burial grounds and areas where sacred rituals are held. They also provide land for farming, timber and other efforts to make the tribes self-sustaining.
Tribes put more than 840,000 acres — or roughly the equivalent of the state of Rhode Island — into trust from 1998 to 2007, according to information The Associated Press obtained from the federal Bureau of Indian Affairs under the Freedom of Information Act.
Those buying back land include the Winnebago, who have put more than 700 acres in eastern Nebraska in federal trust in the past five years, and the Pawnee, who have 1,600 acres of trust land in Oklahoma. Land held in federal trust is exempt from local and state laws and taxes, but subject to most federal laws.
Three tribes have bought land around Bear Butte in South Dakota's Black Hills to keep it from developers eager to cater to the bikers who roar into Sturgis every year for a raucous road rally. About 17 tribes from the Dakotas, Nebraska, Wyoming, Montana and Oklahoma still use the mountain for religious ceremonies.
Emily White Hat, a member of South Dakota's Rosebud Sioux, said the struggle to protect the land is about "preservation of our culture, our way of life and our traditions."
"All of it is connected," White Hat said. "With your land, you have that relationship to the culture."
Other members of the Rosebud Sioux, such as president Rodney Bordeaux, believe the tribes shouldn't have to buy the land back because it was illegally taken. But they also recognize that without such purchases, the land won't be protected.
No one knows how much land the federal government promised Native American tribes in treaties dating to the late 1700s, said Gary Garrison, a spokesman for the federal Bureau of Indian Affairs. The government changed the terms of the treaties over the centuries to make property available to settlers and give rights-of-way to railroads and telegraph companies.
President Barack Obama's administration has proposed spending $2 billion to buy back and consolidate tribal land broken up in previous generations. The program would pay individual members for land interests divided among their relatives and return the land to tribal control. But it would not buy land from people outside the tribes.
(more @ link)Native American tribes tired of waiting for the U.S. government to honor centuries-old... more
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As the eighth anniversary of the September 11 terrorist attacks approaches, the slow pace of construction at Ground Zero in New York is puzzling many people.
A poll found more than half of New Yorkers believe the rebuilding is going badly and more than 60 per cent do not think key parts of the project will be finished on time.
On the ravaged World Trade Centre site, signs of the massive rebuilding effort are finally edging above street level.
The work is hot and hard, but eight years after September 11, workers like carpenter Estelle St Clair are proud of the project.
"Even though I was so devastated then, I felt I didn't participate then when it happened, I feel like I'm participating now to bring us back to where we need to be here in New York and as a country," she said.
Years of cost blowouts and squabbling between the site's owner and developer have slowed down construction.
Work on the main tower, once called the Freedom Tower, is due to be finished in 2013.As the eighth anniversary of the September 11 terrorist attacks approaches, the slow... more
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Realestat.TV - Event Profile:
Cityscape Dubai 2008, The International Property Investment & Development Event - is an annual networking exhibition and conference focusing on all aspects of the property development cycle.
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Visitor's Profile:
Investors, Banks and Financial Institutions, Commercial & Residential Property Developers, High Net Worth Individuals, Property Advisors, Architects, Designers, Real Estate Portfolio Managers & Solution Providers, Project Managers and Directors, Municipal & Regional Gov. Authorities, Construction Companies, Senior Executives of key organisations involved in the design and construction.
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Exhibitor's Profile:
Exhibitors include Property Developers, Residential, Office, Commercial, Hotel & Leisure, Retail, Cities & Regional Authorities, Property Financiers, Investors, Financial Institutions & Consultants, Fund Management, Property Owners, Property Development Consultants, Architects, Designers, Urban Planners, Consulting Engineers, Contractors, Project Management Companies.
Bactamtam's interactive real estate search engine advices: Professionals should attend as cityscape Dubai is the backdoor to set successfull meetings at the Cityscape Asia 2009 show in Singapore.
Meet Vietnan professionals : http://www.bactamtam.vn
Realestat.TV - Event Profile:
Cityscape Dubai 2008, The International Property... more
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Despite the current woes in the US housing market, there are still thriving sectors that are showing positive strong growth for the future.
In this piece, we take a glimpse at the inside of the US apartment industry. We examine the evolving culture of an industry that is at the threshold of a new digital and generational revolution
The Multifamily housing or apartment industry is big business, valued at over 2 trillion dollars and employing approximately 700,000 people nation wide, including but not limited to; property managers, maintenance, cleaning and leasing professionals.
The Apartment Association of Metro Denver (AAMD) annual trade show is one example of what is taking place around the country in the apartment industry today.
Industry leaders come together to educate, collaborate and plan the path of tomorrow. Thousands of attendees and hundreds of suppliers meet 1 day a year to highlight the latest and greatest trends in the apartment industry.
What we found especially interesting is the increased focus on the approximately 76 million "Eco Boomers" or "Generation Yer's" now entering a new phase of their lives by exercising their independence in living on their own. With numbers eclipsing their parent's generation, the "Baby Boomers", the industry is eager to provide and adapt to their new clientèle's wants and needs.
Due to their enormous group size and seamless integration of digital media usage, the industry is not only looking to this new generation as customers but also, as employees and future leaders. Strategic partnerships with Colleges and Universities are being sought to help establish the apartment industry as a viable and rewarding career path of tomorrow.
This new generation has grown up in a digital world and will increasingly expect to have the convenience, speed and accessibility of that in which they have grown accustom. The apartment industry as a whole is starting to recognize that to attract and maintain relationships with this generation; the use of digital social media is an absolute necessity to prosper in the 21st century.
This tech savvy group of Gen Yer's is not knocking on the front door, but rather, they are kicking it down 76 million strong and the US apartment industry is taking notice.
Despite the current woes in the US housing market, there are still thriving sectors... more
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Kongco
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added this
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3 years ago
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So… what exactly is SOCIAL NETWORKING?…
Lets break it down!... According to Wikipedia, NETWORKING is the interconnectivity of a group or system. More specifically, a network is any method of sharing information between two systems. And what SOCIAL, refers to is, human society or its organization.
Simply put!... social networking, is a SHARED CONNECTION… between… PEOPLE!!
I think we all can agree that technology is BLAZING ahead, MUCH faster then the average Internet user can POSSIBLY keep up with!
Fortunately, TODAY… RentKong is establishing itself as a PIONEER in the real estate community; We make complicated technology…EASY TO USE!… and… we develop LEAD GENERATING systems…by utilizing the POWER of social networking!So… what exactly is SOCIAL NETWORKING?…
Lets break it down!...... more
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Kongco
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added this
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4 years ago
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Aruba anyone? This looks at 27 locations across the board and compares prices to cities in the US, like Boise, Idaho for instance. Aruba anyone? This looks at 27 locations across the board and compares prices to... more
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