Florida commercial real estate collapse March 2009
How is your town doing? Is there tons of empty commercial real estate? Is this the end of the urban sprawl? Many are losing millions from lost rentals. If the large corporations are having a hard time staying in business how is the little guy going to make it? If debt is money and there is no credit, there is no money! Please add a video of your town of commercial or residential. You pray & the churches prey! March 13, 2009
Duration : 0:2:35
Commercial Real Estate Collapse – Midtown Manhattan
From the October 6, 2009 PBS “News Hour.”
One sees this every day. Storefronts on Park Avenue South where overpriced restaurants sat two years ago are empty with “For Rent” signs, something one never saw in such neighborhoods. Traditionally in NYC, property changes hands in private deals, never through the posting of rent signs. With 1% down payments, commercial real estate makes the subprime meltdown look outright responsible.
Duration : 0:5:53
“Commercial Real Estate Collapse” : Gerald Celente Was Right!
Gerald Celente predicts “Commercial Real Estate Collapse” in ‘09. Today I drove around town and filmed all the vacancies. All film was shot in one city! It looks like this in neighboring areas as well.
I didn’t even go to the mall or the industrial areas. That will be later. Check out Gerald at wwww.trendsresearch.com
Duration : 0:4:44
Can someone help me With windfall profit tax?
I am a licensed realestate agent in florida and i am about to close on a big commercial deal. I stand to make between 10 and 30 thousand dollars in comission. My husband says that if i am not incorporated the irs will take 57% of my commision for windfall profit tax. Is this true and what can i do to prevent it? Any info would be much appreciated as this is my first deal and i have made plans to reinvest this money in another property
hmmm
I am not sure about the IRS taking 57% of your profit…..
I am also not sure of your situation. It sounds like you maybe invested some money and in some property and then turned around and sold the property? If so any gain (selling price – purchase price + any expenses) would be taxed as a capital gain. If the property was kept over one year the rate would be 5-15% depending on your marginal tax bracket. If not kept over a year then it would be taxed at your tax bracket percentage.
But maybe this is just straight commision from selling the property? If this is the case then the commision is going to be gross income that will be reported on schedule c. It would be subject to 15.3% self employment tax as well as your regular tax rate. But you would be able to deduct any expenses that you incurred while selling (such as advertisement, realtor license expense, cell phone, etc)
hope this helps a bit
How do you feel about investing in a REIT in this market?
A commercial REIT is a realestate investment trust that manages high end commecial rental properties.
I feel very good about it, especially for the long term. REITS are much cheaper than they were a few months ago.
I prefer Real Estate mutual funds to individual REITS, though – you get diversification among different types of properties (commercial, residential, even things like privately owned prisons, parking garages, shopping malls, etc.) AND among different parts of the country.
I’m currently in one of the best ones – the T. Rowe Price Real Estate Fund (TRREX).
Good luck!
what can be done {now } ?
I have three other mortgages other than my primary home residence , as I was trying to become a realestate investor.
I have fallen very far behind on all of the other ones, due to lack of recieving payment from renters, I was able to make a payment arrangement with the lenders, but find that the repayment payments are so high that I am finding it difficult to keep up with them also, can’t seem to get the property rented in such a short time.
my so called co-investors hav bailed out and are not contributing, although their credit is also at risk.
I have a realtor trying to sell , however ,no luck there so far.
My immediate issue is that the first repayment was due two days ago, and I did not have the money, although I have already made the iniatial $9000 down payment. it is a commercial property. can a realestate attorney help me ?
I have had many {I’ll look into it promises }, but nothing seems to work out. can I get the lender to give me more time ??
That’s the risk or becoming a landlord. You have gotten in over your head. Try to make some type of payment on the loans, even if it’s not the full amount. This will show the bank you’re at least trying. Then sell the properties as fast as you can, even if you have to take a loss.
Inflation.us The Final Solution for The Commercial Real Estate Collapse? CA Begins Razing Buildings
http://inflation.us/
What will happen to vacant commercial buildings as the economy begins to unwind? The Answer is right in front of my eyes. They will be destroyed.
Duration : 0:3:41
Montana Real Estate- Homes for sale, Livingston MT 59047 Paradise Valley Yellowstone River – walk in access
AAHH Montana Real Estate presents a great 12.15 acre property for sale in Paradise Valley, MT- this property has 2 homes on it and is within easy walking distance to the Blue Ribbon trout fishery of the Yellowstone River. Use one home as a vaction rental and the other as your main residence. Would also make a great commercial property. Possibilty of putting two additional income producing units on the proerty. Currently, in addition to the 2 homes, there is a huge barn and a loafing shed. The proerty also has irrigation water so it would be prefect for the horse lover as well.
Just 30 minutes from our neighborhood park (Yellowstone National Park) and 18 miles from Livingston Montana.
If you would like more information on this or other land, homes, ranches, or commercial properties for sale in Livingston, Paradise Valley, Gardiner, Bozeman, Big Sky, Cooke City, Emigrant, or the surrounding areas, please feel free to check us out at http://www.aahhmt.com.
Duration : 0:8:24
NAI Utah Commercial Real Estate
With the ability to perform a full spectrum of services including commercial property management, leasing services, investment sales, appraisals and financing, NAI Utah has over 100 agents and management professionals along with a support staff of over 50 administrative personnel located in five offices covering the entire state of Utah. With a clear understanding of how to position industrial, retail, office, and investment products in their respective markets, NAI Utah operates with maximum efficiency and productivity when servicing clients.
With more than 375 offices in 55 countries worldwide, NAI Utah is part of the NAI Global network offering unparalleled coverage in major business centers, secondary cities and tertiary markets; wherever a client has needs we’re already there.
NAI Utah covers the entire Utah market from St. George to Logan with offices in St. George, Lindon (Utah County), Salt Lake City, Layton (Davis/Weber Counties) and Logan.
The key to a competitive edge for any commercial real estate portfolio, large or small is the local real estate professional. Each NAI expert is armed with an intimate knowledge of the market and highly developed relationships with property owners, major tenants, government agencies and technical advisors.
Duration : 0:3:0
How To Become A Super Affiliate Internet Marketer Training
Invest UK Commercial Property course teaches you 15 proven ways it has helped people to become super affiliates for its UK Commercial Property Course. The 15 internet marketing methods are either low cost or no cost and work. Even if you dont want to promote the UK Commercial property course it will give you the foundations for becoming a super affiliate. No need to pay for expensive online training when its free at http://www.investukpublishing.com/propertycourse.html
Duration : 0:9:27