Sandra Bridewell

Homes For Rent In Huntsville Al - Sandra Bridewell

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Biography

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Homes For Rent In Huntsville Al

Sandra Camille (Powers) Bridewell, was born, April 4, 1944. She was adopted as a child by Arthur and Camille Powers of Sedalia, Missouri. She was known primarily as a destructive con-artist, as, over the policy of more than 3 decades, the woman who became known as the "Black Widow", deceived both lovers and friends for hundreds of thousands of dollars. She is also suspected of being a part of, atleast one of her husbands and also a close friend death.

It all started in a disconcerting and traumatic childhood. Reports indicate, that at the age of 3, her adoptive mother, Camille, was killed in a car-accident. Bridewell's father, Arthur, who both managed and commanded a Dr.Pepper bottling factory, finally re-married, and the family were re-located to Oak Cliff, Texas, a suburb of Dallas. He resigned from his previous position and found new employment, becoming a cemetery plot salesman.

Bridewell discovered that adjusting to her new surroundings was not the problem, the problem was adjusting to her new stepmother Doris. The two of them were continuosly fighting, whilst Bridewell would protest that her stepmother regulary locked her inside a closet, refused to send out birthday party invitations and enjoy telling her that nobody wanted her.

Bridewell graduated high school in the year of 1962. As a high school student, she would rarely date, any way after graduation, she soon began dating a series of distinct men. She was extreamly seductive, many of the men became totally smitten with, what a later friend would report as, "her, 'lady-like', 'poor-helpless-me' routine". Bridewell attended junior college for a single year, it seems Bridewell had already decided her intentions, she wanted to marry into money.

Crime

For Sandra to perform her intentions, she began living a life, littered with deception and deceit. She would tell some friends, that both of her adoptive parents were killed. She would tell some others she was daughter to Irish aristocrats. The most coarse deceit that she used with regularity, was the "West Point Boyfriend", this entailed the story of a boyfriend who shot himself while she sat next to him in a car.

Despite Sandra's continuous deceptive nature, she was able to convince many citizen to believe her lies, especially men. Many stories from these men, were very similar and followed a normal theme, recalling, "She had a way" and, "Men, just sort of... Were fascinated with her". Sandra straight through the policy of her life, would intensify the deception and lived with many distinct aliases.

There were many victims, from her guiltless deceit. One such victim, was the up-shot dentist, David Stegall, who was schooled in Los Angeles and was a quarterly dentist for high-status Hollywood stars. Stegall had a enforcement towards, Cadillacs, large homes and pretty women. Sandra noticed something she liked about Stegall, and by the year 1967 she had married him. Within the first few years after the marriage, the combine began to raise a family, and soon had 3 daughters, Britt, Kathryn and Emily. The family enjoyed a high-class lifestyle and lived in a most desirable Dallas neighbourhood.

Sandra's taste and passion for the finer things were even more profound than her husbands, and desite the gigantic wage and prestige of Stegall, Sandra's tastes were beginning to strain and taking the family to the brink. Sandra was a glutton of many things, she loved gorgeous artwork and high-priced furnishings. By the year 1974, the couple's marriage was in turmoil and the family was in severe debt, forcing Stegall to loan a tremendous sum of money from his father to pay off a whole of the hefty bills.

By February 1975, the situation had over-come Stegall, and he tried to commit suicide. Reports indicate that Sandra discovered a distressed Stegall complete in a closet with a gun pointed at his head. Sandra was then able to persuade Stegall to re-consider. any way this did not turn Stegall for the long-term, and a few weeks later he was discovered dead. Lying on in his bed with both wrists open and a.22 caliber gunshot wound straight through his head.

Sandra quickly took performance towards straightening her financial situation. This started with the collection of her husband's life insurance policy, sold the lat Stegall's practice and began dating other wealthy men. After a mere 3 years of her husband's death, Sandra was married again, this time to customary Dallas based developer, Bobby Bridewell.

Soon after the wedding Bridewell took the decision to adopt Sandra's 3 daughters and the family made their' home in the fancy Dallas neighbourhood of Highland Park. any way in 1980, life changed and in dramatic and tragic twist Bridwell was diagnosed with cancer. Sandra found the pathology very painful, as she continued her life in her usual way, with an elemental grieving. During her husbands battle with the illness, Sandra decided to have the family's whole household remodelled, forcing the weakening Bridewell to move into a friend's house. Bridewell after a 2 year struggle, finally succumbed to his diagnoses and died.

The impact of Bridewell's death was hard-felt by Sandra. At least for the short-term, she was able to gain sustain and hope, in the friendship of Bridewell's oncologist, Dr' John Bradwell and his wife Betsy. In the beginning the combine were more than happy and open to offer sustain to their friend. Sandra over-time, began visiting the Bagwell household with more frequent persistence. Whilst the physician and his wife were enjoying a vacation in New Mexico, Sandra went as far as to show up unannounced. Her ever increasing requests were frequented with pleads of childcare and harassment straight through phone calls.

The Bagwell's soon decided upon action, and attempted to extricate themselves from the relationship with Sandra. Sandra any way would not allow it. In June 1982, she made a phone call to Betsy, and requested she take her to the hospital, so she could rent a car as her's wouldn't start. Betsy supplicated and would take Sandra to the hospital, and then back to the Church were Sandra was previously parked so she could retrieve her license, which she claimed on arrival, had been forgotten.

The exact details of the encounter remain shrouded in mystery. What is understood, is that on June 16, 1982, authorities discovered the 40-year old Mrs. Bagwell, dead in her Mercedes i the airport parking lot. There was a large gunshot wound in her head, and a stolen.22 caliber pistol held in her right hand. When the verdict was given, it was complete as a suicide.

Despite the verdict, there was still many questions unanswered. The police were aware that Sandra was the last someone to have seen Betsy alive. Questions emerged about the death, these included the absence of a suicide note. The police any way refused to re-examine the case and it remained closed.

As was so accustomed to Sandra, she non-chalantly continued with her life. As of June 1984, another man had fallen into her clutches. The victim, a good-looking 29 year-old, Alan Rehrig, had just moved to Dallas to begin work for a mortgage company. Sandra was conversing colse to her yard, when Rehrig, searching for a place he could call home, happened to pass by in his car. Pulling his Ford Bronco over to the side of the road, he asked Sandra if she knew of any apartments to move into. She admitted she did not, instead, agreeing to help him out.

Within just a few short weeks the pair became inseparable. Rehrig was very fond of Sandra's 3 daughters, who, at their' mother's calling would announce themselves upon an unsuspecting Rehrig, whilst he was busy working at his office. Sandra, by the fall of 1984, had some unexpected news for Rehrig and delivered the news that she was pregnant with twins. This situation was even more inspiring for one prominent reason, 7 years previous Sandra underwent a prosperous hysterectomy. This was yet more deceit from Sandra, feeling that as she gained some weight colse to her stomach, that she could lie effectively. There were of policy more lies, lies along with her age, telling Rehrig she was 36, when she was in fact 41.

A trustworthy Rehrig, had no surmise to doubt his new girlfriend, as he still felt the were getting to know each other. Despite the intervention of friend's to demonstrate to Rehrig the speed at which his life was changing, he was also in love, and, December 1984, Sandra Bridewell and Alan Rehrig became husband and wife.

There was always the awareness to Sandra, that the gravidity lie could only take her so far. With, Rehrig committed entirely to his wife, Sandra was able to indeed turn the story. So, in February 1985, she made a phone call to her husband and told him the unfortunate news that she had a miscarriage.

The news was devastating to Rehrig and the marriage began to suffer as a result. Like her previous two husbands, Rehrig was beginning to realise that his wife a pallet for high-priced tastes. She would push him to make more and more money, and made him take out a big life insurance policy. Friend's recall how Rehrig complained of Sandra's habits, as she spent ,000 a month on clothes, food and travel.

November 1985, and the combine separated. Rehrig was convinced he had to end the relationship with Sandra and moved into a friend's home. The two of them, were separated for a duration of several weeks and they didn't so much as set eyes upon each other. Then in early December, Sandra phoned Rehrig and arranged a meeting at a warehouse facility at which the two had stored some items.

The true happenings of what ensued over the next several hours have never been determined. What is understood is, Rehrig was placed slumped over in his Bronco in Oklahoma. The were vast gunshot wounds to both the head and the chest. It was also determined that Rehrig has in fact been driven all the way to Oklahoma. The death of Rehrig was heavily scrutinised, Sandra was suspected of his murder, any way nothing could be pinned on the woman who had become known colse to Dallas as the, "Black Widow". Her demeanor under interrogation could be described as coy, approximately playful. There was then a total switch in behaviour from the "Black Widow", and she became completely uncooperative, refusing anything to talk to both her and her daughters.

If there was any grief towards her husbands death, then it was being private well. Sandra, was scrimping on funeral expenses, choosing the most in-expensive casket potential for Rehrig and then convincing her friends to cover the burial costs. On the day of the service, she arrived late, dressed head to foot in a rich mink coat. This was an affordable expense, Rehrig's death had in case,granted her with a 0,000 life insurance claim, dropped level into her bank account.

Sandra's prestige any way was in tatters. A popular local magazine, detailing Sandra's inspiring past, and recounting her behaviour was to serve to this. Sandra was soon to leave Dallas for good, she re-located herself and her family to the San Francisco area. Sandra still contained the same charm and engaged it upon Marin County, she soon began dating a gaggle of wealthy men, who were sympathetic towards her past story, this story would often combine the use of a trust fund that she was about to be receiving and her non-restrained sexual inhibition. One of the men loaned her ,000., whilst another was suckered into parting with ,000, which he pulled up straight through a pension. Neither of the men received a single penny of their loans back, even though they took their' claims to court. Soon, the same and similar stories that had surrounded Sandra in Dallas, began to appear in San Francisco.

By the early 1990′s, Sandra changed her name and was now known as Camille Bridewell. She had left California, and moved to Boston, where she took up residence with a boyfriend. She was also a resident in Connecticut and Hawaii. Despite the turn of addresses, the same meanness still stewed in her underbelly. She would now steal the group safety numbers of other people, she would take out prestige cards, and rack up huge purchases, without an intent to ever pay the money back. She was so malicious in her actions, that she even destroyed the prestige of her daughters.

As the millennium came around, Sandra was now middle aged, and shifted from sexuality to religion, as to draw her victims closer. The basis of her stories would now involve the invention of stories such as, she was a missionary who had traveled the world and work with orphans. As usual she was very persuasive and had a way to make citizen submit to her wants. She then befriended a combine who owned and managed a motel in the state of Alabama. Despite the fact that she was unable to even pay for a room, she was receiving food and money from the cople.

she continued with the missionary story, and as she moved herself to Atlanta, she would turn her name slightly, from Bridewell to Bridwell. She then convinced a woman she met at church to split with the cost of an high-priced condo rental. After a itsybitsy time passed, Bridwell's new housemate, found she was paying for everything, as Sandra claimed she was waiting for a large sum of money to be delivered form her trust fund.

As 2006 ensued, Sandra surfaced in North Carolina, at a new church and changed her name to Camille Bowers. Later that year, in September, she moved herself in with Sue Moseley, a 77 year old woman, residing in a million dollar home on the Carloina coast. Sandra struck up a deal with the son, Jim, that in return for the administration of the housekeeping, she would receive free room and board.

She began to build a respectable prestige colse to the local community, and spoke several times at a local women's club. Sandra then began the process of acquiring the finances of the Moseley's. She gathered tax records, collected her group safety payments into a cut off account, siphoned off mortgage money, created prestige charges and used Mosele's bank inventory to fund her personal expenses, along with spa treatments and high-priced shoes.

Jim soon became suspicious of the new housekeeper, and early in 2007, he stumbled upon a length newspaper story in a Dallas publication, chronicling the exploits of her life. Jim, working alongside the police, as a front man in a sting, aided the arrest of the "Black Widow", on 2nd March 2007 in a cafe in Charlotte, North Carolina.

Aftermath

The story of Sandra Bridewell culminates with numerous charges under her name. She was committed of, identity fraud, fraud, mail theft and group safety fraud. After the arrest and the heavy publicity, the police took a renewed interest in the death of Rehrig and the police of Oklahoma City, pour more resources and more manpower towards the case.

February 2008, and Sandra Camille Powers, pleads guilty to one count of identity theft, later the same month she was formally sentenced by the judge. The "Black Widow", had left a chronic impact and trail of destruction wherever she went, leaving a trail of victims desperate for her sentencing. When justice was finally insued, she was ordered to pay a 0,000 fine,a dn pay more than ,600 dollars in restitution to the Moseley family.

I hope you have new knowledge about Homes For Rent In Huntsville Al. Where you can offer use in your everyday life. And most of all, your reaction is passed about Homes For Rent In Huntsville Al.

A complete Guide For bistro Real Estate Investments

Rental Properties In Killeen Tx - A complete Guide For bistro Real Estate Investments

Good evening. Yesterday, I discovered Rental Properties In Killeen Tx - A complete Guide For bistro Real Estate Investments. Which may be very helpful in my experience therefore you. A complete Guide For bistro Real Estate Investments

Restaurants are a favorite commercial asset for many investors because:

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Rental Properties In Killeen Tx

Tenants often sign a very long term, e.g. 20 years absolute triple net (Nnn) leases. This means, also the rent, tenants also pay for asset taxes, assurance and all maintenance expenses. The only thing the investor has to pay is the mortgage, which in turn offers very predictable cash flow. There are either no or few landlord responsibilities because the tenant is responsible for maintenance. This allows the investor more time to do prominent thing in life, e.g. Retire. All you do is take the rent check to the bank. This is one of the key benefits in investing in a bistro or single-tenant property.
Whether rich or poor, population need to eat. Americans are eating out more often as they are too busy to cook and cleanup the pots & pans afterwards which often is the worst part! agreeing to the National bistro Association, the nation's bistro industry currently involves 937,000 restaurants and is incredible to reach 7 billion in sales in 2007, compared to just 2 billion in 1997 and 0 billion in 1987 (in current dollars). In 2006, for every dollar Americans spend on foods, 48 cents were spent in restaurants. As long as there is civilization on earth, there will be restaurants and the investor will feel comfortable that the asset is always in high demand.
You know your tenants will take very good care of your asset because it's in their best interest to do so. Few customers, if any, want to go to a bistro that has a filthy bathroom and/or trash in the parking lot.

However, restaurants are not created equal, from an investment viewpoint.

Franchised versus Independent

One often hears that 9 out of 10 new restaurants will fail in the first year; however, this is just an urban myth as there are no conclusive studies on this. There is only a study by associate Professor of Hospitality, Dr. H.G. Parsa of Ohio State University who tracked new restaurants settled in the city Columbus, Ohio during the duration from 1996 to 1999 (Note: you should not draw the windup that the results are the same anywhere else in the Us or during any other time periods.) Dr. Parsa observed that seafood restaurants were the safest ventures and that Mexican restaurants contact the highest rate of failure in Columbus, Oh. His study also found 26% of new restaurants complete in the first year in Columbus, Oh during 1996 to 1999. also economic failure, the reasons for restaurants windup comprise divorce, poor health, and unwillingness to commit heavy time toward execution of the business. Based on this study, it may be safe to predict that the longer the bistro has been in business, the more likely it will be operating the following year so that the landlord will continue to receive the rent.

For franchised restaurants, a franchisee has to have a inevitable minimal estimate of non-borrowed cash/capital, e.g. 0,000 for McDonald's, to qualify. The franchisee has to pay a one-time franchisee fee about ,000 to ,000. In addition, the franchisee has conduce royalty and advertising fees equal to about 4% and 3% of sales revenue, respectively. In turn, the franchisee receives training on how to set up and control a proven and flourishing business without worrying about the marketing part. As a result, a franchised bistro gets customers as soon as the open sign is put up. Should the franchisee fail to run the business at the location, the franchise may replace the current franchisee with a new one. The king of franchised hamburger restaurants is the fast-food chain McDonald's with over 32000 locations in 118 countries (about 14,000 in the Us) as of 2010. It has .2B in sales in 2011 with an average of .4M in revenue per Us location. McDonald's currently captures over 50% store share of the billion Us hamburger bistro market. Its sales are up 26% in the last 5 years. Distant behind is Wendy's (average sales of .5M) with .5B in sales and 5904 stores. Burger King ranks third (average sales of .2M) with .4B in sale, 7264 market and 13% of the hamburger bistro store share (among all bistro chains, Subway is ranked estimate two with .4B in sales, 23,850 stores, and Starbucks estimate 3 with .8B in sales and 11,158 stores). McDonald's success apparently is not the follow of how appetizing its Big Mac tastes but something else more complex. Per a eye of 28,000 online subscribers of consumer description magazine, McDonald's hamburgers rank last among 18 national and regional fast food chains. It received a score of 5.6 on a scale of 1 to 10 with 10 being the best, behind Jack In the Box (6.3), Burger King (6.3), Wendy's (6.6), Sonic Drive In (6.6), Carl's Jr (6.9), Back Yard Burgers (7.6), Five Guys Burgers (7.9), and In-N-Out Burgers (7.9).

Fast-food chains tend to detect new trends faster. For example, they are open as early as 5Am as Americans are increasingly buying their breakfasts earlier. They are also selling more cafe; latte; fruit smoothies to compete with Starbucks and Jumba Juice. You also see more salads on the menu. This gives customers more reasons to stop by at fast-food restaurants and make them more piquant to different customers.

With independent restaurants, it often takes a while to for customers to come colse to and try the food. These establishments are especially tough in the first 12 months of opening, especially with owners of minimal or no proven track record. So in general, "mom and pop" restaurants are risky investment due to introductory weak revenue. If you choose to invest in a non-brand name restaurant, make sure the return is proportional to the risks that you will be taking.

Sometimes it is not easy for you to tell if a bistro is a brand name or non-brand name. Some bistro chains only operate, or are favorite in a inevitable region. For example, WhatAburger bistro chain with over 700 locations in 10 states is a very favorite fast-food bistro chain in Texas and Georgia. However, it is still unknown on the West Coast as of 2012. Brand name chains tend to have a website listing all the locations plus other information. So if you can find a bistro website from Google or Yahoo you can quickly view if an unfamiliar name is a brand name or not. You can also gain basic consumer information about practically any chain restaurants in the Us on Wikipedia.

The Ten Fastest-Growing Chains in 2011 with Sales Over 0 Million
According to Technomic, the following is the 10 fastest growing bistro chains in terms of revenue change from 2010 to 2011:

Five Guys Burgers and Fries with 1M in sales and 32.8% change. Chipotle Mexican Grill with .261B in sales and 23.4% change. Jimmy John's connoisseur Sandwich Shop with 5M in sales and 21.8% change. Yard House with 2M in sales and 21.5% change. Firehouse Subs with 5M in sales and 21.1% change. Bj's bistro & Brewhouse with 1M in sales and 20.9% change. Buffalo Wild Wings Grill & Bar with .045B in sales and 20.1% change. Raising Cane's Chicken Fingers with 6M in sales and 18.2% change. Noodles & business with 0M in sales and 14.9% change from. Wingstop with 2M in sales and 22.1% change.

Lease & Rent Guaranty

The tenants often sign a long term absolute triple net (Nnn) lease. This means, also the base rent, they also pay for all operating expenses: asset taxes, assurance and maintenance expenses. For investors, the risk of maintenance expenses uncertainty is eliminated and their cash flow is predictable. The tenants may also guarantee the rent with their own or corporate assets. Therefore, in case they have to close down the business, they will continue paying rent for the life of the lease. Below are a few things that you need to know about the lease guaranty:

In general, the stronger the guaranty the lower the return of your investment. The guaranty by McDonald's Corporation with a strong "A" S&P corporate rating of a communal business is much good than a small corporation owned by a franchisee with a few restaurants. Consequently, a bistro with a McDonald's corporate lease regularly offers low 4.5-5% cap (return of investment in the 1st year of ownership) while McDonald's with a franchisee guaranty (over 75% of McDonalds restaurants are owned by franchisees) may offer 5-6% cap. So outline out the estimate of risks you are willing to take as you won't get both low risks and high returns in an investment.
Sometimes a multi-location franchise will form a parent business to own all the restaurants. Each bistro in turn is owned by a single-entity little Liabilities business (Llc) to shield the parent business from liabilities. So the rent guaranty by the single-entity Llc does not mean much since it does not have much assets.
A good, long guaranty does not make a lemon a good car. Similarly, a strong guaranty does not make a lousy bistro a good investment. It only means the tenant will make every effort to pay you the rent. So don't judge a asset primarily on the guaranty.
The guaranty is good until the corporation that guarantees it declares bankruptcy. At that time, the corporation reorganizes its operations by windup locations with low revenue and keeping the good locations, (i.e. Ones with strong sales). So it's more principal for you to choose a asset at a good location. If it happens to have a weak guaranty, (e.g. From a small, private company), you will get double benefits: on time rent cost and high return.
If you happen to invest in a "mom & pop" restaurant, make sure all the principals, e.g. Both mom and pop, guarantee the lease with their assets. The guaranty should be reviewed by an attorney to make sure you are well protected.

Location, Location, Location

A lousy bistro may do well at a good location while those with a good menu may fail at a bad location. A good location will generate strong revenue for the operator and is primarily prominent to you as an investor. It should have these characteristics:

High traffic volume: this will draw more customers to the bistro and as a follow high revenue. So a bistro at the entrance to a regional mall or Disney World, a major shopping mall, or colleges is always desirable.
Good visibility & signage: high traffic volume must be accompanied by good visibility from the street. This will minimize advertising expenses and is a constant reminder for diners to come in.
Ease of ingress and egress: a bistro settled on a one-way service road running parallel to a freeway will get a lot of traffic and has great visibility but is not at a great location. It's hard for potential customers to get back if they miss the entrance. In addition, it's not potential to make a left turn. On the other hand, the bistro just off freeway exit is more favorable for customers.
Excellent demographics: a bistro should do well in an area with a large, growing population and high incomes as it has more population with money to spend. Its business should generate more and more revenue to pay for expanding higher rents.
Lots of parking spaces: most chained restaurants have their own parking lot to accommodate customers at peak hours. If buyer cannot find a parking space within a few minutes, there is a good occasion they will skip it and/or won't come back as often. A typical fast food bistro will need about 10 to 20 parking spaces per 1000 square feet of space. Fast food restaurants, e.g. McDonald's will need more parking spaces than sit down restaurants, e.g. Olive Garden.
High sales revenue: the every year gross revenue alone does not tell you much since larger--in term of square footage--restaurant tends to have higher revenue. So the rent to revenue ratio is a good gauge of success. Please refer to rent to revenue ratio in the due diligence section for additional discussion.
High barriers to entry: this plainly means that it's not easy to replicate this location colse to for assorted reasons: the area plainly does not have any more developable land, or the expert plan does not allow any more building of commercial properties, or it's more costly to build a similar asset due to high cost of land and building materials. For these reasons, the tenant is likely to renew the lease if the business is profitable.

Financing Considerations

In general, the interest rate is a bit higher than average for restaurants due to the fact that they are single-tenant properties. To the lenders, there is a perceived risk because if the bistro is complete down, you could potentially lose 100% of your revenue from that restaurant. Lenders also prefer national brand name restaurants. In addition, some lenders will not loan to out-of-state investors especially if the restaurants are settled in smaller cities. So it may be a good idea for you to invest in a franchised bistro in major metro areas, e.g. Atlanta, Dallas. In 2009 it's quite a challenge to get financing for sit-down bistro acquisitions, especially for mom and pop and regional restaurants due to the tight prestige market. However, things seem to have improved a bit in 2010. If you want to get the best rate and terms for the loan, you should stick to national franchised restaurants in major metros.

When the cap rate is higher than the interest rate of the loan, e.g. Cap rate is 7.5% while interest rate is 6.5%, then you should think borrowing as much as possible. You will get 7.5% return on your down cost plus 1% return for the money you borrow. Hence your total return (cash on cash) will be higher than the cap rate. Additionally, since the inflation in the near time to come is incredible to be higher due to rising costs of fuel, the money which you borrow to finance your buy will be worth less. So it's even more useful to maximize leverage now.

Due Diligence Investigation

You may want to think these factors before deciding to go transmit with the purchase:

Tenant's financial information: The bistro business is labor intensive. The average laborer generates only about ,000 in revenue annually. The cost of goods, e.g. Foods and supplies should be colse to 30-35% of revenue; labor and operating expenses 45-50%; rent about 7-12%. So do recap the profits and loss (P&L) statements, if available, with your accountant. In the P&L statement, you may see the acronym Ebitdar. It stands for revenue Before revenue Taxes, Depreciation (of equipment), Amortization (of capital improvement), and Rent. If you don't see royalty fees in P&L of a franchised bistro or advertising expenses in the P&L of an independent restaurant, you may want to understand the conjecture why. Of course, we will want to make sure that the bistro is profitable after paying the rent. Ideally, you would like to see net profits equal to 10-20% of the gross revenue. In the last few years the economy has taken a beating. As a result, restaurants have experienced a decrease in gross revenue of colse to 3-4%. This seems to have impacted most, if not all, restaurants everywhere. In addition, it may take a new bistro some years to reach potential revenue target. So don't expect new locations to be profitable right away even for chained restaurants.
Tenant's prestige history: if the tenant is a private corporation, you may be able to gain the tenant's prestige history from Dun & Bradstreet (D&B). D&B provides Paydex score, the business equivalent of Fico, i.e. Personal prestige history score. This score ranges from 1 to 100, with higher scores indicating good cost performance. A Paydex score of 75 is equivalent to Fico score of 700. So if your tenant has a Paydex score of 80, you are likely to receive the rent checks promptly.
Rent to revenue ratio: this is the ratio of base rent over the every year gross sales of the store. It is a quick way to rule if the bistro is profitable, i.e. The lower the ratio, the good the location. As a rule of thumb you will want to keep this ratio less than 10% which indicates that the location has strong revenue. If the ratio is less than 7%, the operator will very likely make a lot of money after paying the rent. The rent guaranty is probably not prominent in this case. However, the rent to revenue ratio is not a precise way to rule if the tenant is manufacture a behalf or not. It does not take into catalogue the asset taxes expense as part of the rent. asset taxes--computed as a ration of assessed value--vary from states to states. For example, in California it's about 1.25% of the assessed value, 3% in Texas, and as high as 10% in Illinois. And so a bistro with rent to revenue ratio of 8% could be profitable in one state and yet be losing money in another.
Parking spaces: restaurants tend to need a higher estimate of parking spaces because most diners tend to stop by within a small time window. You will need at least 8 parking spaces per 1000 square Feet (Sf) of bistro space. Fast food restaurants may need about 15 to 18 spaces per 1000 Sf.
Termination Clause: some of the long term leases give the tenant an choice to halt the lease should there be a fire destroying a inevitable ration of the property. Of course, this is not desirable to you if that ration is too low, e.g. 10%. So make sure you read the lease. You also want to make sure the assurance procedure also covers rental revenue loss for 12-24 months in case the asset is damaged by fire or natural disasters.
Price per Sf: you should pay about 0 to 0 per Sf. In California you have to pay a premium, e.g. 00 per Sf for Starbucks restaurants which are regularly sold at very high price per Sf. If you pay more than 0 per Sf for the restaurant, make sure you have justification for doing so.
Rent per Sf: ideally you should invest in a asset in which the rent per Sf is low, e.g. to per Sf per month. This gives you room to raise the rent in the future. Besides, the low rent ensures the tenant's business is profitable, so he will be colse to to keep paying the rent. Starbucks tend to pay a prime rent to 4 per Sf monthly since they are often settled at a prime location with lots of traffic and high visibility. If you plan to invest in a bistro in which the tenant pays more than per Sf monthly, make sure you could construe your decision because it's hard to make a behalf in the bistro business when the tenant is paying higher rent. Some restaurants may have a ration clause. This means also the minimum base rent, the operator also pays you a ration of his revenue when it reaches a inevitable threshold.
Rent increase: A bistro landlord will regularly receive either a 2% every year rent growth or a 10% growth every 5 years. As an investor you should prefer 2% every year rent growth because 5 years is a long time to wait for a raise. You will also receive more rent with 2% every year growth than 10% growth every 5 years. Besides, as the rent increases every year so does the value of your investment. The value of bistro is often based on the rent it generates. If the rent is increased while the store cap remains the same, your investment will appreciate in value. So there is no key benefit for investing in a bistro in a inevitable area, e.g. California. It's more prominent to choose a bistro at a great location.
Lease term: in normal investors favor long term, e.g. 20 year lease so they don't have to worry about finding new tenants. during a duration with low inflation, e.g. 1% to 2%, this is fine. However, when the inflation is high, e.g. 4%, this means you will technically get less rent if the rent growth is only 2%. So don't rule out properties with a few years left of the lease as there may be strong upside potential. When the lease expires without options, the tenant may have to pay much higher store rent.
Risks versus investment Returns: as an investor, you like properties that offer very high return, e.g. 8% to 9% cap rate. And so you may be attracted to a brand new franchised bistro offered for sale by a developer. In this case, the developer builds the restaurants wholly with Furniture, Fixtures and tool (Ffes) for the franchisee based on the franchise specifications. The franchisee signs a 20 years absolute Nnn lease paying very kind rent per Sf, e.g. to per Sf monthly. The new franchisee is willing to do so because he does not need to come up with any cash to open a business. Investors are excited about the high return; however, this may be a very risky investment. The one who is guaranteed to make money is the developer. The franchisee may not be willing to hold on during tough times as he does not have any equity in the property. Should the franchisee's business fails, you may not be able to find a tenant willing to pay such high rent, and you may end up with a vacant restaurant.
Track records of the operator: the bistro being run by an operator with 1 or 2 recently-open restaurants will probably be a riskier investment. On the other hand, an operator with 20 years in the business and 30 locations may be more likely to be colse to next year to pay you the rent.
Trade fixtures: some restaurants are sold with trade fixtures so make sure you document in writing what is included in the sale.
Fast-food versus Sit-down: while fast-food restaurants, e.g. McDonalds do well during the downturn, sit-down house restaurants tend to be more sensitive to the stepping back due to higher prices and high expenses. These restaurants may contact double-digit drop in year-to-year revenue. As a result, many sit-down restaurants were shut down during the recession. If you think investing in a sit-down restaurant, you should choose one in an area with high revenue and large population.

Sale & Lease Back

Sometimes the bistro operator may sell the real estate part and then lease back the asset for a long time, e.g. 20 years. A typical investor would wonder if the operator is in financial issue so that he has to sell the asset to pay for his debts. It may or may not be the case; however, this is a quick and easy way for the bistro operator to get cash out of the equities for good reason: business expansion. Of course, the operator could refinance the asset with cash out but that may not be the best choice because:

He cannot maximize the cash out as lenders often lend only 65% of the asset value in a refinance situation. The loan will show as long term debt in the balance sheet which is often not viewed in a inevitable light. The interest rates may not be as favorable if the bistro operator does not have a strong balance sheet. He may not be able to find any lenders due to the tight prestige market.

You will often see 2 different cash out strategies when you look at the rent paid by the bistro operator:

Conservative store rent: the operator wants to make sure he pays a low rent so his bistro business has a good occasion of being profitable. He also offers conservative cap rate to investors, e.g. 7% cap. As a result, his cash out estimate is small to moderate. This may be a low risk investment for an investor because the tenant is more likely to be able to afford the rent.
Significantly higher than store rent: the operator wants to maximize his cash out by pricing the asset much higher than its store value, e.g. M for a M property. Investors are sometimes offered high cap rate, e.g. 10%. The operator may pay of rent per square foot in an area where the rent for comparable properties is per square foot. As a result, the bistro business at this location may suffer a loss due to higher rents. However, the operator gets as much money as possible. This asset could be very risky for you. If the tenant's business does not make it and he declares bankruptcy, you will have to offer lower rent to someone else tenant to lease your building.

Ground Lease

Occasionally you see a bistro on ground lease for sale. The term ground lease may be confusing as it could mean

You buy the building and lease the land owned by someone else investor on a long-term, e.g. 50 years, ground lease.
You buy the land in which the tenant owns the building. This is the most likely scenario. The tenant builds the bistro with its own money and then typically signs a 20 years Nnn lease to lease the lot. If the tenant does not renew the lease then the building is reverted to the landowner. The cap rate is often 1% lower, e.g. 6 to 7.25 percent, compared to restaurants in which you buy both land and building.

Since the tenant has to invest a mountainous estimate of money (whether its own or borrowed funds) for the building of the building, it has to be double sure that this is the right location for its business. In addition, should the tenant fail to make the rent cost or fail to renew the lease, the building with mountainous value will revert to you as the landowner. So the tenant will lose a lot more, both business and building, if it does not fulfill its obligation. And thus it thinks twice about not sending in the rent checks. In that sense, this is a bit safer investment than a bistro which you own both the land and improvements. also the lower cap rate, the major drawbacks for ground lease are

There are no tax write-offs as the Irs does not allow you to depreciate its land value. So your tax liabilities are higher. The tenants, on the other hand, can depreciate 100% the value of the structure and equipments to offset the profits from the business.
If the asset is damaged by fire or natural disasters, e.g. Tornados, some leases may allow the tenants to gain assurance proceeds and halt the lease without rebuilding the properties in the last few years of the lease. Unfortunately, this author is not aware of any assurance clubs that would sell fire assurance to you since you don't own the building. So the risk is mountainous as you may end up owning a very costly vacant lot with no revenue and a huge asset taxes bill.
Some of the leases allow the tenants not having to make any structure, e.g. Roof, repairs in the last few years of the lease. This may wish investors to spend money on deferred maintenance expenses and thus will have negative impact on the cash flow of the property.

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No credit Check Apartments - Tips On How To Rent An Apartment When Your credit Is Not The Best

Homes For Rent In Huntsville Al - No credit Check Apartments - Tips On How To Rent An Apartment When Your credit Is Not The Best

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No prestige check apartments seem like a dream to some population who have spent days on end searching for a place to rent, only to be turned down once the landlord checks out their prestige rating. It's easy to get discouraged when seeing for an apartment when this keeps happening to you, but take heart. There are ways to rent an apartment without having your prestige be the only determining factor in the landlord or owner's decision.

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Homes For Rent In Huntsville Al

There Is A Way

When you even think you might be concerned in moving, get a copy of your prestige description so you can see exactly what you are up against. If you spot any errors, take the steps needed to have them erased from your file, if possible. Once you have cleaned up your prestige description as best you can, it is a good idea to get ready an open letter explaining the circumstances that caused you to have poor credit. This can be given to any of your potential landlords when you began to seriously hunt for a new place to live.

Landlords and leasing agents are people, too. You will undoubtedly be able to find some who can understand how you might have had a difficult duration in life which negatively affected your credit. Most of them will be impressed with you because you took the time to try to patch up your prestige and develop a plan of activity before seeing for an apartment. Your letter of explanation will be well received, too.

Basically, a landlord or asset owner is concerned in either or not you are going to be able to pay the rent each month. They would also prefer that you did not own a 150 pound dog and throw loud parties every weekend, but let's face it... They are in the rental firm for the money they can make. It's a good idea to have ready any sort of proof of your income you can come up with, as evidence that you will have no issue paying the rent on time.

You can also get a letter of recommendation from your present landlord stating that your rent was always paid on time and in full each month to further plead your case. It wouldn't hurt if your landlord or asset employer also mentioned that you took good care of his asset while you were renting from him.

If all else fails, you can ordinarily make points with the landlord if you offer to pay a few month's rent in advance. Also, make sure you are dressed appropriately when you go to look at the apartment. If you look neat and sincere, chances are you will walk out with the lease to your new apartment in hand. There undoubtedly is such a thing as no prestige check apartments, and one can be yours if you take the time to plan your advent so that you appear in a convenient light.

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Tired of Getting Denied an Apartment Because of Bad Credit?

Rental Properties In Killeen Tx - Tired of Getting Denied an Apartment Because of Bad Credit?

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Are you tired of being treated like you don't matter just because your credit history has some blemishes? This happens to thousands of individuals and families like yourself every day in the city of Houston. Bad credit can be a source of sick especially if you are trying to be stylish for an apartment in most of the major cities in Texas. Apartments in Houston have started using credit as a way to qualify their tenants. With the up-to-date rate of foreclosures in Texas still high, we can expect that the demands for apartments will growth and apartments will guide credit checks on most inherent tenants. This convention by many apartments in Houston has caused many apartment seekers distress especially when they have to be denied after paying an application fee and a deposit. But how can you be stylish for an apartment in Houston despite of bad credit?

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Rental Properties In Killeen Tx

Many apartments in the Houston area guide habit credit checks on prospective tenant. But there are also many in Houston that don't. The key is to identify where to find them. If you rely merely on trial and error, then you will be very distressed as you get denied by one apartment after other even after you have parted with a hefty deposit. But if you were to know in advance where the apartments are in Houston that are least likely to guide credit checks, then you would growth your chances of being stylish even with bad credit.

But how can you find apartments that do not do credit checks in a city like Houston with thousands of apartment units? You need someone with a database of Houston apartments. No one has this other than apartment locators. So the first place in seeing for apartments that do not guide credit checks is your local Houston apartment locators. Let them know that your credit is impaired and they will let you in on the apartments that you need to focus on. This is both smart and a great time-saver.

We are still on the topic of how to find apartments that do not guide credit checks in Houston. Here's other way; Craigslist. Use Craigslist to look for apartments that do not guide credit checks in Houston. If you cannot see any such apartments then naturally go to the "wanted" section and post an ad stating that you are seeing for apartments that do not guide credit checks. The Craigslist wanted section is a very effective way of getting what you are seeing for if you do not find it in the general section. Then naturally wait for offers to start streaming in.

Try these straightforward tactics and good luck!

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What Happens After Foreclosure? A Guide For Homeowners

Homes For Rent In Huntsville Al - What Happens After Foreclosure? A Guide For Homeowners

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What happens after foreclosure depends on either you live in a state that has a Redemption Period.

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This is the time after the house has been auctioned to the top bidder that the homeowner has to buy it back for the auction price. The time varies by state. In some places, it is as slight as 3 days. In other states, it is a full year.

If your state has a Redemption Period, you will be able to use the time to raise the money to buy back the home. You may also be able to stay in the home for the whole distance of the duration without development any payments.

The states with Redemption Periods are:

o Alabama - 1 year
o Alaska - 1 year
o Arkansas - 1 year
o California - 1 year
o Connecticut (based on court decree)
o Idaho - 1 year
o Illinois - 3 months
o Iowa - 20 days
o Kansas - 1 year
o Kentucky - 1 year
o Maine - 90 days
o Michigan - 30-36 days
o Minnesota - 6 months
o Mississippi - 30 days
o Missouri - 1 year
o New Jersey - 10 days
o New Mexico - 30 days
o North Dakota - 6 months to 1 year depending on circumstances
o Oregon - 6 months
o South Dakota - 30 days or more
o Tennessee
o Vermont - 6 months to 1 year
o Wisconsin - 1 year
o Wyoming 30 days or more

So, what happens after foreclosure if you live in a state that has such a course is that you have some time to buy back the property.

If you do not live in a Redemption duration state, or if it has expired, what happens after foreclosure is that you will be forced from your home.

Sometimes, you can get the purchaser to give you "key money" to leave the premises speedily and to leave the asset in good condition. In many cases, ex-homeowners destroy the asset before they leave. The buyer knows it is worth their while to induce you to leave nicely.

If you do not leave, then the buyer can bring an eviction notice against you. When the occupant is a foreclosed homeowner, ordinarily they only have 3 days after an eviction notice for you to leave.

In this case, you will have an eviction as well as a foreclosure on your record. This makes it highly difficult to rent after you loose your home.

So, what happens after foreclosure is that you may or may not have a Redemption Period. Then you will be forced to leave the home.

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Rental asset Grants - Free Money For Investors

Homes For Rent In Huntsville Al - Rental asset Grants - Free Money For Investors

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Did you know that rental asset grants can help real estate investors get the financing they need to buy rental properties and multifamily units? This is free money that that is provided by the government to aid investors and help them close more deals. It's a private that most real estate investors don't know about, and those who do tend to not want to share this information.

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Homes For Rent In Huntsville Al

The government provides many distinct kinds of real estate grants for investors because they are a major player when it comes to a stable housing market. By providing rental asset grants, the government can aid these investors who are capable of flipping or renting out properties, but don't have the capital for a down payment or other end costs.

Once an investor obtains rental asset grants, they may be able to receive these funds over and over again. And because these are not loans, applying for this free government money does not want a credit check, a cosigner or any kind of collateral. This is cash that is provided to the investor from the government and never has to be paid back.

Of policy the government is not just going to hand this money out to any someone that applies for free grant money. There is an application process, and they'll want to see the deal that you are working on and how you plan to make money from it. As long as the numbers check out and you meet the qualifications, you'll have cash in hand to unblemished the deal.

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No credit Check Apartments in Birmingham Alabama

Homes For Rent In Huntsville Al - No credit Check Apartments in Birmingham Alabama

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First and foremost, know what you are getting into when you look for apartments for rent in Birmingham Alabama that do not need prestige checks. You may have a valid calculate for having bad credit, say, you've been through some rough times and are starting anew with a great new job in Birmingham. In any case, it will be naïve to think that landlords and apartment companies will take your word for it. They promised no prestige checks to lure you in (yes, it's an whole new niche market that is growing in this economy), but they will want to know that you aren't just another habitual deadbeat who will at last try to worm him/herself away from paying rent. There are many, many bad tenants making the rounds, and you will want to prove that although you don't have a stellar prestige rating, you will be a good, paying tenant. another thing to think is that if you do get a no prestige check apartment, your neighbors may not be as upstanding as you.

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Homes For Rent In Huntsville Al

Bring documents and be up front right at the start. Some apartments fee an application fee, so it might be good to talk to the administration about your chances before paying up. Some of the smaller apartments will think your case if you are nice to them and have faultless documents like a bank statement, certificate of employment, or the like to prove you have income and can pay rent. Larger corporate run apartments are more regimented and have an established set of criteria, so the someone you are pleading your case with might not have the power to approve you anyway. another thing is to be prepared to pay cash upfront equal to a few months rent.

When you are ready, check out these Birmingham apartments that don't need a prestige check: Highland View Apartments on Aspen Drive, Highland Bluff Apartments on Robert Jemison Drive, Intown Suites (a sort of long-lease hotel which charges weekly)with branches in Huffman Road, Oxmoor Road, and Southpark Drive.

Visit apartments in Birmingham Al for more prestige free apartments

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Rental Grants to Help You Pay Rent

Homes For Rent In Huntsville Al - Rental Grants to Help You Pay Rent

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When people face financial hardship, everything becomes a problem. Rental grants help people who are having issue paying their rent in order to keep them from being evicted. There are also rental grants that will pay to help you with exciting expenses to move into a new housing unit. Best of all, grants for rent are not loans. These funds are in case,granted to those who need financial aid and they never have to be repaid.

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Homes For Rent In Huntsville Al

These programs are often in case,granted by the department of housing and other local government agencies. Rental grants may also be in case,granted by underground foundations that help individuals and families who are facing financial difficulty. Depending on the definite grant program that you apply for, there are separate qualification and eligibility requirements.

To find out if you can qualify to receive government rental grants, quest for the grants that you want to apply for and are likely to qualify for. When you see the list of available grants, narrate the application process and eligibility requirements carefully. If there are more than one program that you feel you qualify for, submit your application to as many as you feel fit.

As you quest the grant database for your rental grants, you may find many further grants that you could use for your personal use. For instance, you can find grants to help you pay off your debt, grants to pay your tuition, and grants to help you start a small business. With hundreds of government and underground foundation grants, there are abundance of ways to acquire free money that you never have to pay back.

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States With No wage Taxes & States With Low asset Taxes

Homes For Rent In Huntsville Al - States With No wage Taxes & States With Low asset Taxes

Good evening. Today, I found out about Homes For Rent In Huntsville Al - States With No wage Taxes & States With Low asset Taxes. Which may be very helpful in my experience and also you. States With No wage Taxes & States With Low asset Taxes

Real Estate Investing & property Tax Rates

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Homes For Rent In Huntsville Al

In the United States, property tax is assessed by local government at the municipal or county level. The property tax evaluation is based on two values--the value of the land, and the value of the building. Since property tax is calculated at a local-level--and since changes occur frequently--it's tricky to rule the exact spots where property tax is the lowest. However, the following information should help you find areas with high appreciation And low property taxes.

Which States Have the lowest property Tax Rates?

County tax rates are often averaged into a single figure, and this amount is used when comparing property taxes in the middle of states. Surprisingly, Wyoming has the lowest property tax rates. Unfortunately, property values in Wyoming tend to be pretty depressed, due to low citizen influx and a lack of jobs. Also, Wyoming does not rank highly when it comes to appreciation rates for residential and commercial real estate. Just because an area has low property taxes does not mean it will be the best area to spend in (or relocate to).

What to Look For When Investing

Look for an area that has a consistent rate of real estate appreciation, combined with fairly low property taxes. Often, local property tax rates are low because real estate appreciation in the area is low--so you need to be careful. Cities located next to universities and areas where businesses are relocating are normally exquisite spots to buy real estate. Paying attentiveness to citizen increase can help you spot real estate trends and make wiser investments.

Medium-Sized Cities With the lowest property Tax Rates

According to data gathered by the Office of the Cfo in Washington, D.C., the following cities have the lowest property tax rates in 2006, based on an yearly income of ,000. Assuming you earn ,000 annually, here are the property tax amounts you would pay in each city...

Birmingham Al -- 8

Cheyenne Wy -- ,108

Phoenix Az -- ,248

Wichita Ks -- ,309

Denver Co -- ,362

Charleston Wv -- ,395

Oklahoma City Ok -- ,538

Kansas City, Mo -- ,595

Little Rock Ar -- ,648

Louisville, Ky -- ,713

Jacksonville Fl -- ,744

Honolulu Hi -- ,781

Billings Mt -- ,864

Salt Lake City, Ut -- ,904

Virginia Beach Va -- ,918

Jackson Ms -- ,971

Charlotte, Nc -- ,021

Boise, Id -- ,176

Columbia Sc -- ,214

Las Vegas Nv -- ,225

Sioux Falls Sd -- ,228

New Orleans, La -- ,231

Wilmington De -- ,416

Memphis Tn -- ,501

Albuquerque Nm -- ,517

Houston Tx -- ,861

The relationship in the middle of State income Taxes & property Tax Rates

States with no income tax (see list below) normally have high property tax rates in their respective counties (The state needs to get its income from somewhere!). However, the trade-off is that you will have zero taxes on all earned income. This can be a huge advantage. Instead of paying the state 7 to 15 percent (or more) of your income, you can keep your hard-earned money, and spend it back into real estate or other investments. There are currently nine states that do not tax income at the state level.

States With No income Tax

Alaska

Florida

Nevada

South Dakota

Texas

Washington

Wyoming

New Hampshire*

Tennessee*

*New Hampshire and Tennessee do not tax earned income, but they Do tax capital gains (dividend and interest income).

How To Find the Best of Both Worlds: Low property Tax & No State income Tax

If you're seeing for the best of both worlds (low property tax and no state income tax), you may want to think the following cities:

Sioux Falls, Sd

Houston, Texas

Jacksonville, Florida

Memphis, Tn

Cheyenne, Wy

Las Vegas, Nevada

You can also survey less customary cities in the nine "no-income-tax" states. Smaller towns and cities generally offer "quality of life" advantages, and higher-than-average price appreciation and growth.

Conclusion

Now you know which states don't tax income, and which areas have the lowest property tax rates. Armed with this knowledge, you can focus on seeing the best spot for your next home or real estate investment.

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Trailer Houses For Sale

Homes For Rent In Huntsville Al - Trailer Houses For Sale

Hello everybody. Today, I learned about Homes For Rent In Huntsville Al - Trailer Houses For Sale. Which is very helpful if you ask me and also you. Trailer Houses For Sale

Trailer houses for sale can make for a comfortable place to live or even be a profitable real estate investment. Set up on private land or in a trailer park, these homes are whether a useful place to live or can be rented out to tenants. Here are a few tips helping you to find the perfect trailer house to buy.

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Homes For Rent In Huntsville Al

Firstly you should make sure to do your investigate before selecting a trailer house to purchase. There are a estimate of movable home manufacturers online, so correlate what they offer and think about the basic needs of anyone who were to live in the trailer home. The prices will factor into your decision, but remember to bear in mind the features and the size of the home. You should think about the kind of features that will make it a good home or profitable rental.

When you are buying a trailer home you are going to have to reconsider how you will finance the purchase. Financing can often be difficult and is not the same as buying a customary house. Be sure to do your investigate ahead of time and make sure you have the means to pay the trailer maker for your new purchase.

When it comes to trailer houses for sale, you can also opt for a used trailer as a great way of rescue money and picking up a bargain. anyone you finally choose, these homes can furnish a convenient place to live or a great investment should you pick to rent them out to tenants.

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The List of society asset States

Rental Properties In Killeen Tx - The List of society asset States

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There are two different laws that conclude asset ownership in the event of death or divorce. They are known as society asset and base law. base law is also known as cut off property. The list of society asset states only consists of nine states. 

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Rental Properties In Killeen Tx

The majority of these states are out west. Community asset means that anything acquired while the marriage belongs equally to the husband and wife. If the husband and wife get a divorce, they will be required to split their assets they earned while they were together right down the middle.

The states that follow the society asset law are Arizona, Nevada, California, New Mexico, Idaho, Washington, Louisiana, Wisconsin and Texas. All of these states agree that all earned while the marriage should be divided equally at the time of a divorce.

Unless an estate plan is clearly written out and notarized, each state will conclude exactly who gets what in the even of a split between the couple. While they follow the same general rule, the courts will conclude exactly how their assets will be divided if rules between spouses are not written clearly.

Alaska also falls under the list of society asset states but has a diminutive more leniency when it comes to the law. The integrate can conclude what asset they will consider separate and what they will reconsider community. If person lives in one of the nine society asset states listed above, they have to be specific with any gifts or inheritance they may acquire while the marriage. If the private decides they want to keep something that is given specifically to them, they need to put it in a cut off inventory that is under their name only.

States who don't have the society asset laws keep all assets separated between the husband and wife. If a separation occurs, the husband and wife keep all that is in their own name, including debt. If anything is listed jointly, the courts conclude who gets what.

Sometimes this can work out better if one person is the sole earner. They aren't going to give the other person the things they have worked hard for.

For investors that plan to or have over the years accumulated large amounts of speculation properties and live in a state that falls under the list of society asset states, it would be wise to file your taxes cut off from your spouses.

The tax benefits are not as great for those who file separately but they will have less tax liability.

The laws also make provisions for the funds of real estate investments into safe entities like diminutive liability companies or trusts. I would like to state very strongly that professional legal aid and guidance is very prominent and can protect you from getting in way over your head.

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Top 10 Jobs For Ex Felons

Duplexes For Rent In Killeen Tx - Top 10 Jobs For Ex Felons

Good afternoon. Now, I learned about Duplexes For Rent In Killeen Tx - Top 10 Jobs For Ex Felons. Which could be very helpful if you ask me so you. Top 10 Jobs For Ex Felons

Getting a job with a felony on your narrative can be very difficult, as you probably already know. Jobs for felons are difficult to get, and most associates wont hire a felon. The ones that do commonly don't pay very well. I have compiled a list of the top 10 jobs for felons. Helpful tip: if your felony is over 7 years old, most states dont allow background checks to go back that far. If your state has this law, you can write back 'no' on an application.

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Top 10 List

#10 Job - Ups Delivery Driver

Ups has been known to hire felons. They have moderate salaries and is a carport job to have.

#9 Job - Join the army

The army accepts people with criminal backgrounds, depending on the crime. Caress a recruiter to see if you qualify to join.

#8 Job - Truck driver

Many trucking associates are willing to hire felons. Most likely you will need to acquire a trucking license.

#7 Job - Start your own business

You can start your own business. One idea is to go to school to be a locksmith, and start your own company. Also think getting a barber license.

#6 Job - Telephone customer Service

Many associates are willing to hire felons for over the phone customer service, because you aren't dealing with the people in person.

#5 Job - Temp Agency

Temp agencies can occasionally find good work for you. Many times it will be day labor, so be in good physical shape.

#4 Job - family business

See if you can work in a family or friend's business. They will be happy to hire you if you are willing to work hard. They will probably be glad to help you get back on your feet.

#3 Job - Independent Contractor

Many people will still use your services as long as you get the job done. If you work hard, it doesn't matter that you have a felony on your record.

#2 Job - confidentially owned small businesses

Some chain businesses have rules against accepting felons. Small enterprise owners are more likely to accept you. They will take more of a 'risk' in hiring employees, and you can be more personal with the enterprise owner.

---> #1 Recommended Job - Online Gpt Services

This is the best job for a felon, because it requires no screenings either it be background checks, drug tests, etc. Every person is accepted, and you work on your own time and you can work as much or as minuscule as you want. Online 'Gpt' or "Get-Paid-To" services offer a great way to make a few hundred dollars a month without spending a lot of time working. There are many Gpt services available, some good then others. My Caress with Gpt services has been a great one, and I recommend this as the best job in my list of Top 10 Jobs for Felons.

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What a Canadian Should Know Before Buying U.S. Real Estate

Rental Properties In Killeen Tx - What a Canadian Should Know Before Buying U.S. Real Estate

Good evening. Yesterday, I learned about Rental Properties In Killeen Tx - What a Canadian Should Know Before Buying U.S. Real Estate. Which may be very helpful in my experience and also you. What a Canadian Should Know Before Buying U.S. Real Estate

Many Canadians are dreaming of heading south for the winter, but not just to beat the cold. They have real estate investing on their minds. Our strong dollar combined with a collapsing housing store in the U.S. Spells chance for many. But Canada and the U.S.A are not the same country, and as much as we have in base we have differences. Any Canadian investor inspecting putting money in the U.S. Should have a basic understanding of some key differences between buying real estate in Canada versus buying real estate in the U.S. So, before you start putting your loonies in Florida or Texas, read on.

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Tax Systems:

Talk to an accountant that is experienced with American real estate investment as the countries differ considerably in terms of taxation of investment properties.

In the U.S.

1031 Exchanges allow the capital gains from the sale of an investment asset to be deferred and rolled into a purchase of a similar type of asset if it's bought within 180 days. This can be done many times allowing capital gains to be deferred until the end asset is ultimately disposed of and not replaced; If capital gains are realized (property is sold and cash is received), the jobber is taxed at 15% of the total net gain (as long as the asset was owned for more than 1 year, if less than, the rate is much higher); asset taxes tend to be similar to those in Canada, however, if you are a Canadian and own a asset in a Southern state like Florida or California, you may have much higher "non-resident" asset taxes than either the locals or if you spend in other U.S. States; Similar to Canadian tax laws, you will not be taxed on your former residence, however, in the U.S., you can write-off the interest charged on your home.

Compare this to Canada

Sell your investment asset in Canada and you'll pay capital gains tax on 50% of the net gain. Canada does not yet have the selection of deferring the gain through an exchange. The "gain" or "loss" gets added to your income and your are taxed at the applicable rate (which could be much higher than the proper 15% rate in the U.S.); Similar to in the U.S., expenses related with retention an investment asset can be written off against your dutible income. See two former articles for tax time tips: Part 1 and Part 2.

Before you send your loonie south this winter:

determine if there are "non-resident" asset taxes applicable in the city/state you are considering; If you already own in the States and sell the asset (and don't buy someone else there to use the 1031 transfer strategy) you'll be required to pay U.S. Taxes on the sale. You pay the U.S. First, but still have to file the tax return in Canada (showing the taxes paid in the States). Thus, you'll only pay once (you get a tax credit applied to your Canada taxes), but you have to file 2 returns (February/March 2008 Money Sense has a great description on this issue); Rental income requires two filings for taxes as well. You must claim the income (and expenses) in both countries, pay the applicable taxes, and get a credit for your Canadian taxes.
Lending differences between Canada and the U.S.:

The "credit crunch" or "subprime store meltdown" has had a dramatic impact on the U.S. Lending environment, and has trickled over the border to Canada. Because of the economic crisis, lender guidelines and policies have changed dramatically in both countries. In the U.S., there were many mortgages given to just about any candidate. The phrase "ninja" loan was coined in the U.S. The acronym standing for "no income, no job, no assets". Many individuals were given mortgages beyond their means. When the first large phase of Arm (adjustable rate mortgages) began to raise their rates, foreclosures began popping up all over the nation. Canadians need not fear the same crash here thanks to very distinct lending environments.

In the U.S.

Hundreds of banks over the country with hundreds of differences in lending policies and guidelines; Licensing varies over each state for who can be a mortgage broker. In some states no testing or licensing is required at all! Bank regulation is controlled at the state and federal level, again possibly leading to less literal, lending criteria from one bank or lender to another.

And in Canada

One federally-regulated Bank Act that controls what banks can and cannot do over Canada; Only 5 major banks in Canada that operate a large majority of all banking divisions; All of the Big 5 Banks in Canada are able to lend funds for mortgages, but they have also acquired (and oversee) many of the licensed trust and brokerage fellowships (which lend money as well); Mortgage brokers are provincially regulated in Canada, but the majority of provinces need wide training, and the flourishing completion of a licensing test.
Economic Conditions in Canada and the U.S.:

The Canadian economy continues to enjoy good economic times with historically low unemployment rates, increased wages, and housing appreciation. At the same time, a stepping back has been lurking in the U.S. Many areas of the U.S. Are experiencing depreciating houses, high unemployment rates, and deteriorating consumer confidence.

There could be some real bargains to be found in the U.S. As foreclosures pile up, property/houses depreciate (well into double digits in some States - Florida, Michigan, California), and our Canadian dollar continues to sit around par with the greenback. But before you take the plunge, do your research. Most economists still believe we are in the midst of the subprime fiasco. They forecast continued depreciation over the nation (obviously much worse in some areas than others) for the great part of two years. So, unless you honestly know an area is going to get great soon, I personally, would wait and see what the summer and early 2009 has to bring. The election, the war, federal policies to "bail-out" millions of credit-burdened borrowers, and the worst part of the subprime scenario which is imaginable to hit in the fall of 2008, are all factors that will impact investment in the advent year, and it's a gamble to buy without knowing what will happen. But, with the strong dollar, it's a good time to head south and start looking for that dream home in Florida, isn't it?

Some final thoughts (in this description anyways) on investing in the U.S. Real estate market. If you are intent on purchasing in the U.S. And are a Canadian citizen residing in Canada, the following three ways may help you accumulate financing:

Take out a mortgage in the U.S. through a U.S. Based bank owned by a Canadian one such as Rbc Centura or Bank of Montreal's Harris Bank; purchase using all cash so you don't have to deal with cross border financing issues (e.g., pull equity out of your home or other Canadian properties or ask your rich aunt for money!) to buy down south; and create a corporation in the U.S. With assets (a retention firm will not work as it needs to have equity or be generating revenue) which can accumulate the mortgage from a U.S. Lender.

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Cheap Homes - The Non-Traditional

Duplexes For Rent In Killeen Tx - Cheap Homes - The Non-Traditional

Good morning. Today, I found out about Duplexes For Rent In Killeen Tx - Cheap Homes - The Non-Traditional. Which is very helpful in my opinion and you. Cheap Homes - The Non-Traditional

Looking for a cheap home? You may want to consider the options below. Keep in mind that they may be just temporary. Years ago I used my own home as a boarding house, for example, in order to quickly pay off the mortgage. On the other hand, maybe you have no interest in living with others, or building a home. That's okay - you may still find some clues here as to how to save on your next home anyhow.

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Building Your Own Home

There are some large companies that sell house kits. These come with the faultless plans and materials delivered to your site. You could build it yourself, but the general idea is to be your own general contractor. You might get a nice house for 30% less this way.

Build In Stages

A friend of mine grew up in a basement as his father gently built the house overhead through the years. Paying cash as you go to build your own home sounds like a way to save a lot of interest, certainly, but it has it's problems too. In this case, it mean no windows for years. The biggest qoute now, is that regulations won't allow you to do this in most towns.

The idea has more merit if you don't take it to extremes, though. How about buying a smaller house that you can afford now, and adding on later? Be sure that it is potential according to local codes.

Buying Land To Build On

If you can't afford to buy a house where you want to live, maybe you can buy a lot on payments while you are renting or living elsewhere. If values are rising rapidly, you'll quickly gain equity in your land, which will make it easier to collect financing to build a home in the future.

Living In Your Rental Property

Buying a duplex and living in one of the units has been favorite for many decades now. Of course, the idea is that the rent from the other unit lowers your net housing cost. This isn't all the time the case, though. Look intimately at the numbers.

Some of the duplexes around here sell for over 0,000, but get only 0 monthly rent per unit. It would be economy to buy a small 0,000 house for yourself. On the other hand, when we were in Michigan a few years ago, good four-plexes brought in sufficient earnings from three units to make living in the fourth almost free.

Living In An Rv

This is an option many retirees are taking now. A join years ago we met some older couples who lived in their recreational vehicles for free, by being hosts at campgrounds. Their duties were few, and included checking in new arrivals a few times a day.

Another way to live in an Rv is to buy a lot and park it there. The idea here is that you can live cheaply (if you buy a used Rv) until you can finance the building of your new home.
In Arizona, the Bureau of Land Management, or Blm now charges to park your Rv on some communal lands that were previously free. The upside is that the fee is only around 0, you can now stay for six months, and there are pump-out stations and water available. That's economy than property taxes!

Buying A Motel

Most small motels come with living quarters. Buy a motel and you get a home and a job all in one. Just be sure that the numbers work, and that you want to work.

Houseboats

In some areas of the south, you can see hundreds of houseboats in the larger lakes. There is the attract of living on the water, but there are also financial advantages. Used houseboats can cost much less than houses on land, you can find places to park them cheap or free, and you don't pay property taxes.

Even More Cheap Home Options

There are still other possibilities for cheap homes, if you precisely want to live creatively. Buying a home with an extra lot that can be split off and sold might save you thousands, for example. Then there are the lifestyle options that are beyond the scope of this article, like living in a school bus, converting office space into living space, and building a log cabin in the woods.

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Deer Hunting Land and Leases

Rental Properties In Killeen Tx - Deer Hunting Land and Leases

Hi friends. Yesterday, I learned all about Rental Properties In Killeen Tx - Deer Hunting Land and Leases. Which could be very helpful in my opinion therefore you. Deer Hunting Land and Leases

Deer hunting land and leases can be viewed from two separate perspectives. For those hunters who want to hunt with a degree of privacy while a singular time of year, or are seeing for long term land use, a lease makes exquisite sense. For people who own land convenient for hunting, leases turn land into wage generating property.

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Deer hunting land and leases have come to be more beloved as people has increased and strained group hunting areas. It is not unusual to hear a hunter talk about how there were too many hunters on the land. When hunting land is over-hunted, it not only reduces a hunter's chances of bagging game. It also creates a risky situation as hunters inadvertently point guns at each other. When needing deer hunting land, and leases are available, hunters are able to enjoy inexpressive hunting grounds with less risk. The hunter chooses the time the lease will be in effect.

Unlike the past, rental of deer hunting land, and leases stipulating the terms, are ready for short term periods. A hunting lease can run for periods varying from years to one week. It is leading to make sure the lease clearly states the definite dates you are allowed to use the land. The lease will name the lease fees, any deposit requirements, sublease proprietary or restrictions, and all land hunting rules. In return, the someone leasing the land gets hunting proprietary and agrees to hold the land owner harmless.

It is easy to find deer hunting land and leases online and sorted by state. For example, deer hunting land and leases in Kentucky are available. Online descriptions will furnish aerial view pictures and a article of the asset ready for lease. The descriptions will also comprise the amount of acreage, the species of wildlife spotted on the property, and any inherent least-to-own programs. Leases are also ready for renting asset when it is not hunting season for recreational purposes.

For those mental about development hunting land and leases ready to the public, there are many advantages. Unused land is turned into a money generator. You also sell out trespassing problems, take control of who is hunting on the property, and acquire release of liability through the lease. When you lease your land for controlled hunting, wildlife management is implemented. Hunters also often heighten land by clearing areas and planting grass to attract wildlife. The land that is leased is protected from development also. Hunting leases cover short or long periods for individual hunters or hunting clubs.

When seeing at hunting leases, don't forget that land prime for hunting is often also prime land for fishing due to the location of lakes and streams. Land can be leased for other sports such as fishing or camping proprietary while the off hunting season.

When you want to lease hunting land, or your asset is ideal as deer hunting land and leases are an option, it pays to use expert agents. expert services can sustain you with developing mutually agreeable lease arrangements. They will also make sure you do not exclude leading considerations. The land is inspected and well documented to insure it is some of the best hunting land available.

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Introduction to Depreciation

Rental Properties In Killeen Tx - Introduction to Depreciation

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A typical technique of determining a commercial appliance's helpful existence within the United States is to look at the depreciation schedule utilized by the Internal wage service (Irs). U.S. Tax laws permit a depreciation deduction for that "exhaust, wear and tear of tangible property" utilized within the general procedure of business.

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Any asset held by the bistro for the output of wage qualifies, as lengthy as it's regarded income-producing tangible asset that has a helpful existence of more than a particular 12 months. A lot more specifically, what does not qualify is asset utilized for personal purposes, for example a residence or car not utilized within the company. Your flatware, glassware, plateware, linens, and uniforms aren't depreciated, plainly because they're carefully operating expenses, not tangible property.

(Their costs could be written off in full within the 12 months they're bought.) Depreciation is also not allowed for food, beverage, or other inventories, land (apart from its improvements for example buildings), or any natural resource. Most gear can't be written off on your wage taxes in one lump sum; instead, the depreciation schedule allows you to write off a percentage of tool expenses every year during the thorough existence of the gear.

The figures are fairly arbitrary, but because so many individuals must comply with them, they've become the norm. There are a number of techniques of depreciation. Your accountant or tax adviser can make recommendations, but here are some of the details stipulated within the Irs's yearly publication #534, known as Depreciation: All bistro tool is assigned a seven-year helpful life.

This means that, over a seven-year time period, you are able to write off the price from the tool (one-seventh of the price each of those years). Nevertheless, any automobiles, trucks, office gear, and computers that qualify are assigned a seven-year beneficial life. The method of depreciation depends on when the piece of gear was put into use and how lengthy its life cycle is estimated to become. Again, there are lots of techniques of depreciation, so your accountant is the greatest source of advice.

It is essential to note, however, that once you pick a given method, you cannot change it without Irs approval. Don't neglect items other than actual appliances that are also eligible for the seven-year depreciation. These comprise the gas, electric, and/or plumbing lines and connections required to control all appliances, together with computerized point-of-sale systems, exhaust hoods, and fire safety systems.

As these items are purchased or replaced, keep and manufacture all receipts to be able to prove their monetary value for depreciation purposes. Smallwares have another, unique set of rules about how their costs can be deducted.

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