Showing posts with label Landlords in Jacksonville. Show all posts
Showing posts with label Landlords in Jacksonville. Show all posts

Wednesday, June 23, 2010

Would You Like High Returns And A Safer Alternative Than The Stock Market?

Make money in a much safer vehicle than the stock market or traditional investing. Earn higher yields and be in control of your money through Private Mortgage Lending.


As an investor, you may already be aware of the term, Private money. For those who are not, private money is term that refers to an individual or a company lending money to another individual or organization for a potential investment. Private money generally is not overseen by the bank, and thus has less regulation. Over the past, private money has been a great startup for businesses and has led to financial success. Private investors, such as yourself, can invest money into virtually every sector of today’s market. However, this article is merely intended to educate the common person who invests in stocks and bonds, in another feasible, successful market: Real Estate.

We are Komelot Inc., a Real Estate Investing Company located in Jacksonville, Florida. We are focused on buying distressed properties as short sale houses and foreclosed houses. As an investing company it is our duty to educate you: a potential investor about great investing opportunities available for you. You may have heard rumors how investing in real estate is daunting and scary. Specially with today's market. However, there is several big advantages of real estate over stocks and bonds which might change you mind. Are you surprised to hear the advantages are numerous?

The Real Estate business is ever growing and always in demand. The need for housing is inevitable and therefore it is a dependable market. Although prices are fluctuate at today's market , as inflation increases, the appreciation on the property will too increase. Furthermore, investing in the real estate with us will lead to easy, accessible cash flow; opposed to stocks and bonds that pay in dividends. Need more reasons to invest in real estate; how about tax benefits, incentives, and deductions? Investing in real estate can earn you a substantial amount of return on investments. We offer our partners an outstanding 8-12% ROI! Find a company who offers a full line of Real estate solutions. Finding distressed homes and buying these homes for 30-50 cents on the dollar based on today’s CURRENT MARKET value. A company should offer further services such as, renovating homes, finding buyers and selling these homes quick.

With good partners your only job should be: sit back, relax, and get your next check. No longer do you have to anxiously watch the stock market numbers drop daily.


Real estate investing with Ikon Realty, LLC is the solution to your investing problems!


Phone: 904-588-5888
Fax: 904-562-2666

Exhausted of Investing Money In Bonds and Stocks? How about Real Estate?

Are you one of the many people that have invested a small or large sum of money to countless stocks, bonds, or mutual funds? Has this subsequently increased money in your wallet, or has it only increased levels of anxiety? When people think of investment, they automatically associate stock market, bonds, loss of money. However, there are a number of entities that one can invest in. You may be surprised how many people invest in Real Estate despite the Real Estate Market crash. In an ever changing economy where stock markets and bonds are dropping at over a hundred points a day, Real Estate might be a great opportunity for safe investment. Why you may ask? Simple. Real Estate is necessary. Population is always increasing, and with that, the Real Estate market is always in demand.

If you may be one of the few or lucky that investing in stocks and bonds have proved successful, then why is investing in Real Estate a better opportunity? First and foremost, whether the economy is in a recession or in economic good standing, the stock market will always fluctuate. Unforeseen problems within a business can always arise, and thus money invested in stocks and bonds is unpredictable, risky, and sometimes unsuccessful. Real Estate on the other hand, has a number of benefits:

First, inflation does not hinder the real estate investing business, only enhances the potential money to be made.

Secondly, constant cash flow. Although a stock pays dividends, the stream of income coming in from a Real Estate Investment exceeds the dividend yields on average. Moreover, the investor in real estate has less to lose. If and when your investment properties encounter a downfall in homes being sold, typically, properties monthly rent will stay constant.

Thirdly, as history proves, profit will increase due to appreciation. Within the last sixty years, research shows the ever increasing amount of an average person’s home in the economy. As the property value keeps increasing, so will the appreciation, and so will your investment profit.

A fourth incentive: tax benefits. As an investor of real estate, you qualify for a number of tax incentives: depreciation with no-out of pocket costs, tax deductions such as property, mortgage interest, and repairs for those who qualify, and according to the IRS, investors can sell properties without paying capital gain taxes as long as they exchange them for others of like kind (section 1031). Investing with IRA.

Need another incentive? Return on Investments. Often with stocks and bonds, finding out your ROI can be challenging. On the contrary, with investments in real estate, there are more ways to realize a greater ROI. Often times, return on investments can be 8%-12%. The higher the return, the better!

We are Komelot- Real Estate Solutions Group located in Jacksonville, Florida. And we are helping investors all over country to invest in Real Estate. If you are looking for an opportunity to invest in property but not sure what property to buy and where to buy, call us! Investing in real estate with Komelot in Jacksonville is easy and safe. We buy distress properties, such as Short Sales and Foreclosures, for 30-60 cent's on the dollar. What does this mean for you? Your investment with us has equity from day one!

Komelot- Real Estate Solutions Group offers a full line of services for Investors, such as:

• Find homes and potential properties
• Renovating the properties
• Finding management companies and tenants to care for the properties


We will do everything! Just sit back, relax, and anticipate your secured monthly income!

Spending time, money, and increasing your stress due to lack of success in the stock markets is not needed. Real Estate Investment has proved successful and has benefited countless people in terms of cash flow, tax deductions, and increasing appreciation. The investment opportunities for some people has proved to be so successful that there incoming cash flow is not their second income, but their only income. No longer do you have to anxiously check the stock market every day to see the rise or fall in stocks, invest in Real Estate!

Office (904)588-5888

Tuesday, March 16, 2010

New EPA Lead Painting Renovation, Repair and Painting (RRP) Rule or Hidden Taxes?



New EPA Lead Painting Renovation, Repair and Painting (RRP) Rule or Hidden Taxes?

If you are landlord in Jacksonville Florida area please be advised.





New EPA's Rule being effective as of April 22nd, 2010
40 CFR 745.80 to .91

What should Landlords in Jacksonville Florida know about it?

Compliance NOT required in your own home!
(IF you do the work and no money changes hands.)

Lead Abatements are exempt for RRP rules

- Exempt if <6 SF painted surface inside
(But, only if no sanding, scraping or heating!)
- Exempt if <20 SF outside
(But, only if no sanding, scraping or heating!)
- Exemption is within 30 days
(NO Exemptions for window replacement or demolition)


“After April 22, 2010, property owners who perform these projects
in pre-1978 rental housing must be certified and follow the
lead-safe work practices required by the EPA’s Renovation,
Repair and Remodeling rule


http://www.epa.gov/lead/pubs/renovation.htm

Options for Compliance

- Assume home contains lead and follow the lead-safe work practices
- Test for lead using a lead test kit
- Hire a certified lead risk assessor or inspector to locate specific areas with lead paint if present

Hire Contractors Certified to Conduct Lead-Based Paint Activities and Renovations!
Expect the responsibility to fall on you if you hire un-licensed and un-certified contractors!

Actions of Certified Contractor(If tenant occupy property)




- Deliver EPA pamphlet to tenant/owner
- Get signature confirming delivery
- Post warning signs
- Contain work area
- Plastic on floors and furniture
- Doors and vents plastic sealed
- Certified renovator to direct or supervise work
- No flame producing tools
- No heat guns, anders must have HEPA filters

After completion

- No visible dust or debris
- White glove or “swifer test”
- 40 SF cleaned compared to a verification card

Exemptions


- Foreclosures
- Zero Bedroom units
- Housing for the Disabled
- Senior Housing
- Less than 100 days, no renewal option

How do I become Certified?
- Take EPA approved 8 hour course
- Submit EPA “Renovation Firm” Certification Application
- Pay $300 fee
- Certification good for 3 years
- Re-certification fee is also $300

Documentation is KEY!

If you can’t document it, the EPA will assume that you did not do it!


Fines are up to $37,500 per day per violation!!!

U.S. Lead Paint History

1804 First factory lead paint
1910-30 Lead concentration on the rise
1930 Latex and titanium paints
1955 Industry limit of 1%
1971 LBPPPA defines 1%
1973 LBPPPA amends 0.5%
1976 LBPPPA amends 0.06%
1978 CPSC bans sale for home use
Today Lead paint still in industrial use

% of Homes Likely to Contain Lead

1960 to 1978 24%
1940 to 1960 69%
Before 1940 87%

If you are landlord in Jacksonville Florida area please be advised.



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