Monday, July 5, 2010

RP now on last year of property boom cycle

THE Philippines is on the 11th and last year of a property boom but the cycle could still be extended by the Aquino administration if it rids the real-estate sector of red tape and other sources of corruption.
This, according to noted urban planner Felino A. Palafox, who noted that the administration was coming in with “so much optimism.”
“Without corruption we can still have this 11th year significant for the sector,” Palafox told BusinessMirror on Thursday, the 21st anniversary of his firm Palafox Associates.
Palafox said the Aquino administration could take advantage of the closing window of opportunity by reviewing the number of signatures required for development and building permits.
He said it takes 32 signatures for a development permit and 12 for a building permit.
“These not only serve as devil’s playground for corruption but also as obstacles to the boom.”
Palafox said that by cutting down on red tape in securing permits for property-development projects, the government could earn 20 percent more while the private-sector costs could be slashed by 10 percent
He also said allowing foreigners to own at least 10 percent of their property in the country could help extend the last leg of the  property boom here.
The real-estate sector in developed countries considers a boom-and-bust cycle of seven to 11 years, Palafox said. In the Philippines, the cycle began in the latter years of the Estrada administration and took most of the 10-years under former President Arroyo.
The market shook with the September 11 terror attacks in the United States and the recession of the US economy in 2008, Palafox said, “but because of the remittances by millions of Filipinos in other countries, our property sector took off.” The boom was also driven by a budding business process outsourcing industry, he said.
With a huge budget deficit and a promise not to raise taxes, the Aquino administration maybe hard-pressed to finance many of its projects which could cost a total of P20 billion a year, according to some lobbyists.
Using the latest figures that Palafox Associates submitted to the Securities and Exchange Commission, the boom may have already tapered off as the partnership’s architect fees last year dropped nearly 30 percent (24.83%) to P97.05 million from P129.099 million the previous year.
The firm also had its total cash in 2009 slashed by nearly 33 percent (32.59%) to P28.99 million from a cash balance of P43.02 million the previous year.
Registered in 1991 as a general professional partnership, Palafox Associates is in architectural design, urban planning, master planning, environmental planning, interior design and consultancy. It’s not subject to income tax.
source

Wednesday, January 13, 2010

New malls boost Robinsons Land's 2009 earnings

MANILA, Philippines - Robinsons Land Corp.'s consolidated net income for 2009 rose 4%, owing mainly to robust mall operations.

In a statement, the Gokongwei-led property firm reported that its earnings last year hit P3.27 billion as revenues reached P10.73 billion. Excluding extraordinary items, it said income grew by 10%.

"Amidst a global financial crisis in the year 2009, RLC performed very well and above expectations," said the company's president and chief operating officer, Frederick Go.

Robinsons' shopping mall and office building divisions continued to post strong growth while its residential and hotel segments recorded declines due to the economic downturn.

The company's commercial center division accounted for P4.21 billion or 39% of total revenues, up 14% year-on-year. The growth was attributed to income from newly opened malls in Tacloban, Cabanatuan, Pulilan, and Davao; and higher rental income from existing malls.

The office building division, meanwhile, posted gross revenues of P1.1 billion, representing a 26% growth over the same period the previous year, due to new space provided by Robinsons Cybergate Towers 2 and 3. Operating profit of this group jumped 20% to P738 million.

Robinsons said its hotel and residential groups registered revenue declines of 8.7% and 20%, respectively.

Tuesday, June 2, 2009

Compare Plymouth to Top 10 Best Places


Topnotch schools, good jobs, affordable housing, low crime, an active outdoor culture - yep, they're pretty much all here. Plymouth could have become just another Twin Cities suburb, but more than 50,000 jobs keep residents working there.

Home prices are within reason: The typical three-bedroom, two-bath house goes for $350,000. The city's main school district is ranked among the top three in the state, and for culture, Plymouth's open-air amphitheater, the Hilde Performance Center, hosts numerous summer concerts. Residents are a quick drive from the Mall of America, the nation's biggest mall.

And did we mention the outdoors? Plymouth boasts more than half a dozen sizable bodies of water. Of course, this being Minnesota, winter can be brutal: January's average low temperature is about 13°F. But when the mercury plummets, the locals get busy. In February the city hosts a Fire & Ice Festival that includes mini-golf, bowling and basketball - all right on the ice.

source : http://money.cnn.com/magazines/moneymag/bplive/2008/snapshots/PL2751730.html

Sunday, January 25, 2009

How Anyone Can Buy Commercial Real Estate.

After 5 years, I'm going to break my silence and spill the beans on my secret methods...

"Most of the "guru" techniques are now extinct in today's market... This is the Only Program designed to actually get you funding..."

From: Austin Davis [ NOW UPDATED FOR 2009! CREDIT CRISIS PROOF! ]

Established investors buying commercial properties left and right have begged me not to sell this program guide to the general public.

They are scared if more buyers enter into the market they're going to loose major profits.

But, I have assured them allowing a limited number of new investors into this industry will not hurt them, but will later help them sell current property to upgrade to larger properties.

You see, I think it's important to get this message out. I know there are tons of people who dream about generating a real income from owning real estate, but who don't think they can buy it because they lack the resources to do so.

Most everyone who has bought commercial real estate didn't think they could either. That is, until many stumbled upon a highly guarded secret. One that makes buying these easy and...

Only requires a will power or desire to buy one (really)...

Has been proven to work regardless of credit, income, job or assets...

Doesn't require a lot of cash up front...

Teaches you how to attract partners who gladly assume all the liability...

So easy-to-use that even if you know nothing about commercial property... you'll still be on your way to buying real estate in as little as 45 days...

And YOU can use it to:

Consistently attract new partners to help you buy more -- we show you how...

Slash the cash out of pocket you need... to ZERO...

Fatten your bank account with cash after closing... up to $100,000 in 7 days...

And the best part is...

You Are Not Left Alone... Real live help.

What I'm going to share with you was designed to make the process easy, but I also have support lined up for you from vendors who stand behind this product to provide service for everything needed in this program.

You can use any vendors you want, but you don't have to go search for them and hope you find them. Most of the "guru" programs on the market and late night television require you to use vendors for their programs, but give you no vendors to contact. Because vendors no longer do what the "gurus" say they do - they have long ago stopped offering what they used to. My program doesn't leave you in the dark. My program provides contacts for every service needed for this to work!

When most investors start in this business, they were working 9-5. Most probably still would be, too, if they didn't go for their dream of buying property. So I am sharing the best way to make this possible for anyone.

I truly believe the system I'm about to give you actually works better for people who have no idea of how to buy commercial real estate... because they are willing to give it a try and have not become hard headed. Sadly, there are many who have been in the industry for decades who sell or finance real estate - but own none. Simply because they think they have all the answers, but are never able to get into real estate like they dreamed because they lack the knowledge to "get started".

See, while other people are reading books and taking seminars, changing their minds over and over... and causing “paralysis by analysis”... or worst yet too skeptical to try anything new -- all you have to do is put this simple to use program into action and gain the power of a near cash buyer in as little as 60 days.

I know it's contrary to everything you've heard before, but...

Real Estate Doesn't Have To Be hard!

Most people make it far too hard... and that's why 99% of them fail.

There's simply no need to get caught up by your lack of knowledge... glued to reading large kits, buying seminars and trying to figure out how to do near impossible seller financing.

And it's just pointless to try and save hundreds of thousands of dollars to get started.

There's no need to save a “fortune”, go through learning curves, or spend time trying to learn worthless seller financing and no money down systems.

It's all a big waste of time.

Do you want to know the real trick to buying multiple properties in the US?

I Hope You're Reading Closely...
Here Comes The Secret

What it comes down to is that the most successful Investors use leverage.

OPM, other peoples money.

Trust me, everyone learns this the hard way. Everyone always wonders why they made it so hard and didn't learn how to use leverage sooner.

Most investors will spend years working like a crazed bulldog... researching and testing different programs, methods, strategies, and techniques.

Have you had your share of heartache... fists pounding against your desk... and emotion-based decisions that cost you thousands?

And in time come to the same conclusion as other investors?

All you need is a proven, logical, and financially sound method that has been working exceptionally well for investors for decades (and will continue to do so).

Donald Trump learned this method and grew his vast fortune to become one of the richest men in Real Estate and now he is famous for it!

Once investors really “get” this, they change everything. So with my team of highly talented real estate gurus, I created a program that took out the hype and fuzz and replaced it with proven, steadfast repeatable methods.

And the property is there for the taking.

Now, I'm not going to sit here and fill you up with false promises... swearing up and down that you'll make millions overnight. I just won't.

But this program has been...

Proven To Get Investors Funding On Multi-Million Dollar Properties...

So how much funding is possible for YOU to get?

Well, you can do the math from here.

If you want to take control of your life and are willing to follow the methods in my program... you'll have the chance to buy near an infinite number of properties using my program.

You can search high and low – I assure you that you'll never find a more profitable and easy opportunity in today's marketplace.

I can't stress enough... what most people fail to understand is that investing is not hard when you have a method of using OPM or other peoples money and know how to attract partners.

You don't need to get worked up, agonize over buying the hot deals you find, or endure heartache. There's no grueling over a lot of hard to use techniques either...

All you have to do is use the program to buy property yourself or attract partners if you have bad credit...

...and you're DONE.

You can concentrate on finding more properties and plugging partners into your deals.

Let me tell you more about what I created...

"The Ultimate How to Buy
Commercial Real Estate Program"

It's truly an incredible program. Here's the specs:

It's shockingly simple. It takes less than an hour for the average person to read, understand the process, and begin to apply.

Mind-boggingly easy. It's easily and quickly understood by anybody from newbie to veteran.

Easy to implement. Easy to use. It takes at most 15 minutes a day to start using and then repeat over and over.

It is designed to work for anyone... regardless of income, assets, job, credit or experience.

You can start on your own with about $8,000 without a partner or free with a partner - and we teach you how to get investors begging to be your partner. It's so simple - you'll be amazed.

If you don't want a partner my vendor contacts will even help you get a personal loan for the $5,000 - $10,000 to get started!

It works with absolutely any kind of commercial real estate.

It applies to each and every state in the United States. Non US Citizens can use it, but will need a US Citizen partner with good credit. If you don't have one - the program shows you how to attract them easy.

You or your partners don't need lots of cash to get started.

It can be used to attract partners so you never have to take on any liability on loans.

Gives you power to get better terms with sellers because you don't need seller financing.

Now listen. I know you might be wary. You might even be thinking, “Too good to be true.”

So I recommend you...

Just Use Common Sense.. Because..
"Real Estate Cash Flow" Pays the Bills!

You will always use the program to buy commercial property that cash flows and supports itself..

Your funding is approved only if the investor funding can be paid back with cash flow from it - and it leaves you with money left over each month...

The reason most funding is not approved for investors is because they don't have enough "skin in the game" for a commercial mortgage to be approved.

My program gives you "skin in the game"...

So now...

I Propose You Take A Challenge.

Everyone just like you is always Scared and Skeptical. Scared to get into Real Estate, worried about loosing money... Skeptical this program will work for them...

So I'm going to challenge you. Try out my program. Download it and have it in less than 5 minutes on your computer (no waiting for it to be shipped - you get it online).

Start using the program methods to attract partners right away... or if you are a US Citizen you don't need any partners although if you have low credit, bad credit or no credit having a partner with good credit will help you a lot. You can contact my vendors in the program for help even with bad credit or no credit! Right now my vendors in the program have no credit requirements for the entry level options! You can attract partners easy with the methods the programs teaches if you don't have good credit and want more options or if you are a non US citizen.

If for some reason it doesn't work for you, and my program and the vendors can't get you or your partners approved send me a e-mail and I'll refund you right away a full 100%. No questions asked. There is no shipping charge so you get a 100% refund! I even include a support email when you order with a online customer website to request a refund of 100% live! Of course, I do ask you contact me or the vendors in my program if you have any questions or are having trouble before asking for a refund if you really want to buy commercial property. I want to help you with my program get started so if you are really serious always ask for help before asking for a refund. If you just change your mind and want a refund you can request one and I will gladly give you one and you don't need a reason or a excuse we all change our mind from time to time and I understand that.

Why Am I Sharing This?

Honestly, I don't want your money if you're not able to buy property from my program. However, I do have to sort out people who aren't ready to take action so they don't flood the vendors in my program with calls and emails that just waste their time. Also, when you buy my program and register I offer property for sale to my customer list from time to time so you will be on the list of the first people to have the chance to buy from me and other members!

Truth be told that is one of my biggest motivational factors in publishing my program to the public - to own a large and loyal list of buyers! I never have to list with brokers and I am able to get property under contract and flip it to my list members on assignment!

The best part is I know my list members can get funding because I taught them how to do it! By the way if you have commercial property in the US you want to sell be sure to contact me. I will put it under contract and offer it to my list and collecting payment from the buyer on a assignment fee. So you as the seller don't even have to pay a broker fee or spend a dime to sell!

Now I'll bet you're wondering...

“ What's The Bottom Line? ”

First, let me ask you a question.

How much is potentially buying your first commercial property worth to you?

Even if you only buy a small $1,000,000 property with a passive cash flow after all expenses of $40,000 a year, would a fee of $2,998 be worth it to you (considering you'll be making the $2,998 over and over each month...)

Or what about if I only asked for half a month's profit of $1,500? Remember, I'm low balling here...

But I'm not going to charge $2,998 or $1,500. In fact, my program is only a small investment of $1,000. But wait.. if you promise to send me a video testimonial after your first $10,000 profit from a property's cash flow to share on my website I'll SLASH another 90% off right now if you buy today.. so you get it for just $99.00!

Don't Pay $2,998.. Or Even $1,500..
Normally $1,000.. Today ONLY $99 Bucks

That's it. But hurry cause this price won't last long...

Only the next 100 [ 37 orders ] get this price

After that, the price shoots back up. My clients are begging me to raise the price now so fewer people buy the program. Once I have testimonials back the price goes up.

So I highly suggest you act now while the opportunity is on the table.

But don't say YES right now...

Just Say 'Maybe' And Try It
Without Any Risk For A Full 60 Days...

My program comes with an unconditional 60 day money back guarantee.

That means you can try it out for 60 days. If for some reason you're not completely thrilled, you can get your money back immediately. No questions asked.

There's no sneaky gimmicks or fine print to that offer – it's an unconditional iron clad 60 day no questions asked money back guarantee.

So, here's what you need to do now...

All you have to do is click the secure "Order" button below.

And enter your credit card details. But remember you've got a full 60 days to evaluate this system, with my risk-free trial.

That means... You have a whole 2 months to test this program 100% risk free.. And in those 60 days, you’ll be able to put what I have described to work and be on your way to buying Commercial Real Estate.

Which means, if I’m wrong about all of this... You’ve only lost a few minutes of your time.

But what if I’m right....

Click here to reserve your spot...

Monday, October 13, 2008

you can earth with google



Photo-realistic Buildings

With Google Earth 4.3, see 3D buildings faster and in more cities than ever before. Now you can access hundreds of new buildings from the world's cities, including San Francisco, Boston, Orlando, Munich, Zurich, and dozens more.
Swoop Navigation

Fly seamlessly through the landscape with new navigation controls. Swoop from outer space to street level and leap from one building top to another. Use the look joystick to view buildings as if you were standing right in front of them.
Light and Shadow

With the new Sunlight feature, you can watch the sunrise and sunset from anywhere. Move the time slider to watch dusk, dawn and shadows move across the Earth.
Street View

Street View, available in Google Maps, is now in Google Earth! Fly into panoramic images of select cities and take a 360 degree tour.

Sunday, September 28, 2008

construction underway










Over the previous few years, greater amount of and more everyone in the United States have carried on offering real estate notes for sale. Selling real estate is an easy way to turn one's monthly receivable payment into an immediate and large sum of cash. A real estate note for sale can be a mortgage note, a contract for sale or a land contract.

The best way to find real estate notes for sale is to look for real estate note listings. Several websites provide information on real estate notes for sale. They by and large list real estate notes from different states. These websites also provide information on various categories of true estate notes. You can approach real estate note brokers who traditionally have up-to-date data on the true estate note market. They can too simplify the course of transaction. Local newspapers and magazines are other housing to look for real estate notes for sale. Real estate purchase clubs are a good forum to discuss matters related to true estate notes.

Competition in currently field is very high. Earlier, it was easy to buy real estate notes for huge margins of profit. With several banking institutions and companies hunting for true estate notes, individual households often find it hard to buy and sell real estate notes. Most real estate note resellers do not sell their entire lot of real estate notes at once. This can place individual buyers in certain tricky situations. Generally, real estate notes sold partially ought to not craft immediate income. It is better you go for expert help, as the transaction can sometimes be confusing. source

robinson land ,cebu boom






For more info about Real Estate Investment, call:

Virgilio Vallecera
Tel Nos: (+63 32) 2599779 / 2548618
RealtyOPTIONS Marketing & Consultancy Inc.- VP/Leasing
http://www.ceburobinsonsland.blogspot.com/
http://www.mainglobe.com/club-ultima
email: versvall2008@yahoo.com

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