Room with a View and a Helicopter ? Club 151 Resorts Int?l
A new level of luxury villa resorts, will soon be coming to 14 locations across Bali and the Bintan Private Islands, near Singapore. (www.club151.net)Club 151 Resorts Int'l will start construction on its flag ship resort, Club 151 Seminyak July 2004. Complete with helicopter, chauffeur driven Mercedes Jeeps and Club Golf carts, guests will arrive and move around in style and comfort.The Club 151 Seminyak Luxury Villa resort will be made up of 50, two bedroom villas, on nearly 6 hectares of land located in the posh and trendy area of Seminyak. CLUB151 facilities will include 2 upscale restaurants, a bar, lounge and members only club house, complete with luxury swimming pool, fitness and anti-aging centers surrounded by private luxury villas.The CLUB 151 Villas have been designed for privacy, luxury and functionality. All Villas are complete with private swimming pool, library and all the modern comforts, including flat screen TV, broad band internet and wet bar.Club Villas will be sold to individual investors and managed by Club 151, for optimal care and return on investment.
Members and Guests can enjoy all the CLUB 151 facilities as well as the beach or the other trendy restaurants all just steps away. Club 151 Members and guests can also enjoy all Club 151 facilities at other properties, like the Club151 Cliff Villas or Club 151 Private Island Villas. Club 151 properties are the vision of developer Pt. Hanno Bali and design team Bali Visions Architecture Group. Everyone dreams of owning a luxury holiday home in Bali, but the practicalities of such an undertaking, for most is a little overwhelming.
Club 151 takes the guess work out of building, owning, managing, staffing and maintaining a luxury villa in Bali.As an owner of a Club 151 Villa, all you have to do is fly to Bali, jump in our helicopter or Mercedes Jeep and we send you to your dream home, either at our Bali locations or on one of our private islands. While you are not using your vacation home, we will take care of it, rent as part of our resort inventory, netting you a return on investment, paying for the Villa's up keep and most importantly giving you piece of mind.Construction will soon follow on the Club 151 Cliff Villas, Seminyak Estates and Private Island Villas Bintan. Club 151 Luxury Resort Villas go on Sale June 2004.Prices range from USD 250,000 ? 1. 2 Million. ( Developer Financing Available)CONTACTCLUB 151 Resorts Int'lHanno Soth 151 Jalan Oberoi Seminyak, Bali 80361(62361) 730306e-mail protected from spam botswww.club151.net.
4 Things You Shouldn't Do When You're Buying A Home
1. Don't Make a Major PurchaseYou've just found out your credit is A+. That's great news, because a new car would look fantastic in the driveway of your new home. But hang on--if you are depending on a mortgage to move in, you'd best wait until after closing to buy the car.An increase in your debt to income ratio reduces the amount of monthly income available for your mortgage payment. If you tack on a higher car payment, the bank might decide you cannot afford the home.
Using cash to purchase the car could also create a problem, since banks consider cash reserves when approving your mortgage. If you make a major purchase before closing, talk to your loan officer before you do it.2. Don't Change Jobs Unless It's NecessaryLenders like to see a consistent job history. They aren't usually as nervous if you change jobs within the same field, but it's better to stay put until the keys to the house are in your hand.3. Don't Give an Earnest Money Deposit Directly to a For Sale By Owner...
4 Things You Shouldn't Do When You're Buying A Home
Financing > 4 Things You Shouldn't Do When You're Buying A Home
Rental Property Investments
When talking about Rental Property Investments, the term ?working capital' has to be understood. There are two concepts of working capital: gross working capital and net working capital. Gross working capital is the total of all current assets. Net working capital is the difference between current assets and current liabilities. It may be mentioned here that though this concept of working capital is commonly used, it is an accounting concept with little economic meaning.
It makes little sense to say that a firm manages its net working capital. What a firm really does is to take decisions with respect to various current assets and current liabilities.
The management of working capital refers to the management of current assets as well as current liabilities. The major thrust, of course, is on the management of current assets. This is understandable because current liabilities arise in the context of current assets. Working capital is a significant facet of rental property...
Financing > Rental Property Investments
1031 Exchange
Do you have your savings in an investment property that is not performing for you? Perhaps you are positioned to make capital gains on the property but for whatever reason the property just doesn't fit your investment scheme, yet you are unsure how to get out of the property without paying taxes on the capital games.
If this is the case, then it is time you learned about the or a 1031 exchange and a commercial bridge loan.
In a nutshell a 1031 exchange will help you avoid taxes on the sale of the property so long as you are willing to reinvest the money in a similar property and the bridge loan will help you close quickly on your next property.
The term 1031 exchange comes from the Internal Revenue Service's dictionary.
The 1031 exchange basically outlines the scenario whereby you can sell your real estate property and avoid any taxes on the capital gains.
As always,...
1031 Exchange
Financing > 1031 Exchange