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Friday, November 9, 2007

City removing garage sale, real estate signs



City removing garage sale, real estate signs.
Edmonton"s sign police are cracking down on errant ones, removing thousands of garage sale and real estate advertisements from city property. Since May, 7,000 signs have been removed. The city says they are erected in violation of bylaws, look shabby, end up as litter and are hazards for city crews. About 250 people have been fined $110 for each errant sign. City spokesman Keith Scott said council wanted a renewed push on enforcing the sign bylaw. 'It"s unfortunate, but we have to enforce what the bylaw states. [We could be] allowing them to have garage sale signs, but then every other business is going to say they"re selling a product, I should be able to advertise as well.' Anna Wheeler, who holds a garage sale every year, normally puts up signs around her neighbourhood and on the streets.




Velocity"s Growth Demands More Office Space on East Coast



The new Stamford, CT office will provide essential room for the region"s growth
Velocity"s Growth Demands More Office Space on East Coast
The new Stamford, CT office will provide essential room for the region"s growth.
Stamford, CT (PRWEB) August 9, 2007 -- Velocity Commercial Capital, a growing national real estate lender
specializing in originating and securitizing small balance commercial loans, announced today that it has moved its
East Coast Regional Office to a larger and more efficient location in Stamford, CT.
'The tremendous growth of Velocity"s team has made it necessary to double the size of our office.' said Neil
Beldock, Eastern Regional Manager for Velocity. 'We"ve added several experienced people to our East Coast
staff and I"m eager to see what we can accomplish.'
Velocity"s focus on customer service has fueled its expansion on the East Coast and across the United States.
With this addition, Velocity aims to continue as a national leader in small balance commercial lending.
About Velocity
Velocity Commercial Capital is a nationwide direct wholesale lender specializing in both full doc and stated
small balance commercial loans from $100k to $3 million. Velocity"s team is committed to providing its clients
with an unparalleled level of service and strives to close loans efficiently and swiftly. Founded in 2004, Velocity
is headquartered in Westlake Village, California with offices in Stamford, Connecticut, Rosemont, Illinois and in
San Francisco, CA. For more information, please visit: www.velocitycommercial.com
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Contact Information
Peter Wangerin
Velocity Commercial Capital
velocitycommercial.com
818-575-9700




Thursday, November 8, 2007

"No regrets about leaving the UK"



"No regrets about leaving the UK".
One of those Britons who chose to make the move abroad was Roy Bevis, 64, who traded in his home in Aylesbury, Buckinghamshire, three years ago for one on the banks of Lake Como in Italy. And he has no regrets. A typographer by trade, Mr Bevis said he became fed up with life in Britain for many reasons. He faced problems over his self-employed status after 12 years, he was frustrated with the health service and the cost of transport, he had high blood pressure and he felt his income was being drained by high bills and taxes. .




Wednesday, November 7, 2007

GameTech announces $5m share buyback



GameTech announces $5m share buyback.
Log in to remember this page. Email this GameTech International announced that its board of directors had authorised a $5 million share repurchase program. The shares will be purchased through open market transactions over the next 12 months. A statement from the game developer reported that the actual number and timing of share repurchases will be subject to market conditions and applicable SEC rules. .




Sunday, November 4, 2007

Real Estate: Repositioning your real estate – Is it time to turn on the cash?



We live in perhaps the most desirable place on the planet
Real Estate: Repositioning your real estate Is it time to turn on the cash?
We live in perhaps the most desirable place on the planet. And yes, many of us living in the North Bay have had the tremendous foresight ? all right, we got lucky ? to buy local real estate years ago. For some, it?s our principal residence, but for others, it?s multiple single-family residences, or SFRs, and other types of investment properties as well. The great news is that our North Bay real estate, especially SFRs, bought at least five years ago have enjoyed substantial appreciation. As I reflect on our firms? many client stories over the years, my informal survey suggests that their local real estate investments have contributed as much or more to increase family net worth than any other asset category. Patient real estate investing is very strongly correlated with long-term financial success.




Tuesday, October 30, 2007

Step 5



Step 5. List Extra Profit Items and Factors
Any mortgage interest saving under 6% enter
annual saving here $
If Parking or Garages available, 1 per tenant,
whether free or not. For Parking enter 5%;
for Garages 8% of AWI
If Janitor Service is not supplied enter 5%
of AWI here
If all electric bills are paid by the tenant
enter 2% of AWI here
Step 6. Add total of all items in Section II including
PAI. Total is Final Adjusted Income. Enter here
Step 7. Multiply Final Adjusted Income by 6% (or
divide by 3 and multiply by 20). Result is
GROSS VALUE. Enter here
Step 8. Enter cost of repairs required to put property
in reasonable condition here .
Step 9. Deduct cost of repairs from Gross Value.
Balance is Fair Market Value of Property.
Enter here
Copyright 1960. Order these forms direct from: Real forms, Box 1, Brookline, Mass.
Let us do the Value Formula for a typical Aunt Toby un-heated and for a heated one to see how it works. Here are the figures on the Freeman group of Aunt Tobys as they were presented to me by Jack.
Income rents per year $5,880
Taxes $721
Water 60
Insurance 113
1st Mortgage, Interest, and Principal $24,000 at 4%
(standard rate in those days) 20 year basis $1,752.48
Interest and Principal on 2nd mortgage at 4%, 10 years 364.56




Monday, October 29, 2007

Court clears way for US food deal



Court clears way for US food deal.
The FTC had called for the deal to be blocked, saying it would stifle competition and lead to higher prices in the organic food sector. Whole Foods contends that it needs to merge with Wild Oats to better compete against larger non-organic retailers. Whole Foods" offer expires at the close of business on Monday. The watchdog went to the US appeals court last week after a lower court judge refused to temporarily halt the merger. In a 93-page ruling, US District Court Judge Paul Friedman rejected the FTC"s claims that the deal would hurt competition and consumers. Controversial comments The merger has hit the headlines in recent months after Whole Foods boss John Mackey made a number of controversial remarks about the deal. Earlier this month he told his board of directors that bid target Wild Oats was the only rival that could give a traditional retailer access to the organic sector.