Archive for May 18th, 2009

Monday, May 18th, 2009 | Author: Editor

Commercial Millions

Some people are profitting big during this recession and downturn in the real estate market.

While millions of Americans are suffering economically, some ordinary folks are making huge sums of money combining two things you’d least expect: Real estate and the recession. As the housing market continues to plummet, a few commercial real estate asset classes are skyrocketing and some folks have learned how to acquire them with no money, credit or previous real estate experience.

These rags-to-riches stories are using two very clever and patent pending strategies taught by Jason Gilbert at the Commercial Training Institute. One strategy is used for land and the other for income property.

Master Lease Options

For income property, students learn to locate properties that perform better in a recession but won’t sell because of high vacancies due to poor management or marketing.  Instead of buying them, the students lease the entire building, hire a local expert to fix the management or marketing problem, and pocket 100% of all the new income which is can easily be $10,000 to $50,000 per month on small to mid size properties.  The student also gets an option to buy the property at today’s value, then sells or exercises the option to buy it when it’s worth much, much more and fully performing. Called “Master Lease Option”, it’s literally a try-before-you-buy strategy that eliminates most of the risk and requires no money to get in the hot commercial real estate game.  If the deal turns out to be a dud, you aren’t stuck with it as the new owner and don’t wind up one of those motivated, distressed sellers.  You don’t own the property until it’s worth far more than your option price and you’ve had time to test drive it a while.

Joint Venture Facilitation

For land deals, students locate owners of prime commercial land and simply get them to agree to partner with a developer. The owner makes much more money vs. a sale, and the developer doesn’t have to buy the land and can get easy development financing, which otherwise might be impossible due to the credit crunch. The best part is the CTI student gets a piece of ownership of the development for simply locating and bringing both parties together, thus avoiding all the time, expertise, risk and money required to buy and develop land.

Pretty inventive commercial real estate investing strategies

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Monday, May 18th, 2009 | Author: Editor

Medicare shams hurt all of us with steeper costs, stiffer taxations, and, since those who deliberately swindle Medicare are felons who target on masses in need of medical aid, the enhanced likeliness that the patients themselves may not be obtaining the handling or servicing they require.

Medicare fraudulence outcomes in the deprivation of hundreds of millions of bucks each year and a decrease in Medicare Benefits, and patients and families are the first line of defense when it gets to preventing Medicare dupery. Some of the means to do this is to analyze your Medicare Summary Notice (MSN) when you obtain it to make sure you acknowledge what all the points and services listed are and ascertain whether or not you in reality acquired everything listed. If you don’t understand the statement or don’t think you got something on the listing, call the doctor’s office and have it explained to you. If you don’t acquire a solid resolution, you can then call the company that paid up your Medicare claim. Their contact info will be named on your MSN and they own a crude stake in facilitating you prevent Medicare fraud. If you consider somebody has perpetrated Medicare fraud and don’t have the MSN, you can telephone the hotline at 1-800-447-8477

You can also help preclude Medicare fraud before it goes on by being a strong consumer. For example, be more suspicious of any provider who claims to be backed by Medicare or the government…particularly if they postulate to represent Medicare or start contact with you via teleselling or door-to-door salesmen.

Providing your Medicare Health Insurance Claim Number or Medicare card to a provider who lays claim that “Medicare doesn’t commonly insure this, but we know how to make them to pay for it” is demanding for trouble, as is dealing with providers who claim that “Medicare wants you to have this”. Medicare is an insurance program – what insurance company have you ever heard of that wishes to compensate for greater than they utterly have got to???

Too, you should not give your card or number to any supplier who alleges they will do something for you for free and all you need to do is render them your Medicare number. You can bet they’ll bill Medicare for something…and you in all likelihood won’t have acquired it.

Medicare fraudulence is an ongoing problem and you can help end it. You can study more about Medicare fraud and learn more about how to apply for Medicare benefits at Medicare.gov

http://www.todayscurrentevent.com

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