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Classic luxury seating at inexpensive prices ,Seating does not have to be expensive. Quality leather sofas can be obtained through discounted stores offers a variety of leather sofa solutions at a fraction of the cost of some other leather sofa store providers. Lifetime guarantees are offered with most of the sofa choices. Customers can feel comforted knowing that they have purchased luxury seating that the company stands behind.

 

What To Expect From CSL Classic Luxury Seating

CSL classic luxury seating is made from supple leather with ample cushion that customers sink into. The overstuffed, oversized furniture works well in large open spaces such as condominiums and lofts. When entering a room with a CSL sofa, immediately the eyes will be drawn to the masterfully crafted designs. Most of the designs retain their traditional integrity while infusing some contemporary flair. CSL designs are preferred by people of all age groups and statures.Here are a few reasons why customers continually choose CSL:Flexible Designs. Many customers have integrated the more streamlined furniture sectionals into modern and contemporary lofts and condos with ease. Some of the more traditional CSL classic designs are recommended for traditional UK homes or other less contemporary floor plans. The furniture complements hardwood floors, shag throw rugs and accent walls well. The flexibility of CSL designs are preferred by many customers.Comfortable. CSL caters to the person who desires to relax comfortably. People of all statures and sizes can sit on a CSL design and feel minimal discomfort. This is important for people who frequently have guests or members of their family over six feet tall or people who are overweight. CSL wants everyone to feel comfortable.Trendy Colours. Neutrals and reds are the trendy colours of the current home décor designs. Many of the new colours blend well with current home décor and furniture designs. CSL offers its customers leather sofas in black, brown, grey, cream, white or red. The colours blend well with both modern and traditional décor.
CSL sofa

 

For 2012, the new colour trends for home and fashion is grey. Varying shades of grey accessories, grey accent walls and grey leather sofas can make for an intriguing, calming and inviting space where people can relax and enjoy each other. The new trend is taking the world by storm.
For instance, the Togo is featured in grey leather and contemporary styling. The furniture works well on hardwood or coloured concrete flooring. The shag throw rug in a lighter shade of grey than the sofa adds contrast to the room. The undertones of the sofa make it easy to pair with purple, lavenders, greens, blues or pinks. The grey trend is versatile and “tres chic.”
The blacks and deeper browns are often found in traditional English homes that have adopted a modernized version of traditional style. The browns are rich in colour and work well also in French-style and English-style country homes. If modern-flair has you longing for tradition, consider the brown or black leather sofa.
The white leather sofas work well for contrast in rooms with dark walls. Clients who purchase white sofas typically have modern and contemporary homes with large windows to bring in natural lighting. White furniture can also be used in monochromatic rooms with all white accessories and a few black or coloured accents. The effect is astonishing and can be achieved for a very low price.

 

Typical CSL Furniture Pricing

CSL furniture pricing ranges from 599 pounds and may exceed 3900 pounds. The average sofa prices are between 1000 pounds and 2000 pounds. Most sofas offered by CSL are affordable and can be purchased with payment plans.

 

Consider a CSL Sofa Today

Consider how a CSL sofa can transform your living space into an incredible oasis of relaxation for the mind, body and soul. Many of the sofas can arrive in the home in as little as 72 hours.

Why Real Estate Investors Have Their Own Investment Criteria

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Writing down your real estate investment criteria means writing down your needs and wants in a real estate deal. It means outlining what you are looking for in a real estate opportunity. Having written criteria can help you grow as an investor and can make it easier for you to land the best real estate deals.

If you to join the ranks of real estate investors, you might want to have formal written investment criteria set out for yourself. Putting your investment criteria in writing allows you to see at once whether possible investment opportunities do or do not fit your future plans. This allows you to quickly sort through potential opportunities to pinpoint the right ones.

Writing down your investment criteria also hones your focus and ensures that you have an easier time finding the best possible deals. Having written criteria also allows you to share your criteria with other real estate investors, so that you can learn from them. If you haven’t yet outlined exactly what your criteria are for selecting an investment property, now’s the time to put pen to paper. If you need more on that, contact Jody Kriss at https://www.facebook.com/jodykriss0 and give him a poke.

When developing your written criteria, consider when you do not want to make an investment. What is the bottom line? Do you not want to make an investment at any time if you don’t understand it? Do you want to never make investments that you cannot pay for if everything goes wrong? Do you never want to make an investment where you cannot handle the worst-case scenario? Determine your comfort boundaries and the level of risk you are willing to accept or not accept, and put this in writing.

Next, when developing your written investment criteria, consider what your ideal investment would be like. What do you do to make sure that your investments are the best possible deals for you? Do you do a certain amount of research using specific sources? If so, write this down. Outline on paper the best real estate deal you ever put together. What were the steps you to that in to be an outstanding investor in that situation? What if you applied the same steps to every real estate deal you made? Would you generate more success from other opportunities? If so, outline exactly what you do when you are at your investment best, and add this to your written criteria. According to Jody Kriss, this will help ensure that every deal will at least have the opportunity of becoming as successful as your best deal ever.

Write down your money criteria. Where are you willing to go for financing? How much capital are you willing to put at risk? How comfortable do you feel taking risks with your money? What levels of risk are you willing to take? How are you going to secure your deals? Knowing how you will handle money is very important to you as an investor.

Finally, and maybe most importantly, outline the standards by which you wish to live as an investor. What are the ethical boundaries you’re not willing to cross? What you want to stand for as an investor and what sort of person do you want to be as an investor? This may seem abstract and very much up in the air, but it will help you outline exactly the sort of investment opportunities you want to capitalize on. The best real estate investors have a code of conduct, so you should, too.

 

Section 1031 Exchanges for Real Estate Investors

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Summary of the tax rules for an investor to sell real estate and replace with like kind property under Section 1031 of the Internal Revenue Code.

When a real estate investor sells real estate, a capital gains tax is recognized, along with a tax on deprecation recapture. The regular capital gains tax, deprecation recapture, and any applicable state tax can often result in a tax liability in the 20% to 25% range for the sale of real estate. (If the real estate has been held for less than 12 months, all of the gain will be taxed at much higher short term capital gains rates.)

A Section 1031 exchange, named for the applicable section of the Internal Revenue Code (also known as a Starker Exchange, Tax Free Exchange, or Like-Kind exchange), allows an investor to defer all tax on the sale of real estate if the real estate is replaced with other real estate pursuant to a detailed set of rules.

The replacement property must be identified within 45 days of the sale of the relinquished property.
(1) The replacement property must be purchased within 180 days of the sale of the relinquished property.

(2) The replacement property must have a purchase price at least as great as the relinquished property, otherwise some tax will be recognized.

(3) All of the cash proceeds from the sale of the relinquished property, less any debt repayment and expenses of the sale, must be reinvested in the replacement property.

(4) All of the cash proceeds from the sale of the relinquished property must be held by a Qualified Intermediary, which is a person or institution with whom the investor has not recently conducted other business. The investor must not have any access to the cash while it is being held.

(5) The titleholder of the relinquished property must be the same as the purchaser of the replacement property.

(6) The sale or purchase of a partnership interest does not qualify for a Section 1031 exchange, except under a few limited set of circumstances.

(7) The relinquished property cannot have been classified as inventory, such as condominiums built by the investor, or lots in a subdivision that was subdivided by the investor.

If these rules are followed, real estate investors can sell current real estate holdings and replace them with other properties. A Section 1031 transaction is an excellent way for a retiring real estate investor to convert actively managed properties into passive properties, such as triple net leased properties.

 

The Flip Side of Flipping

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Many investors were burned this year and last by the falling real estate market. Playing the previously profitable flip game that started in about 2002 (where they would buy at a moderate price, then quickly resell for a profit at a higher price), these flippers suddenly discovered they were in trouble. Real estate they had bought (often multiple properties) was now going down in price, not up. The flippers suddenly, and disasterously, found themselves unable to resell, refinance, or make the payments. As a result, many were forced into foreclosure and some lost their entire investments.

The plight of the flippers has been well documented and noticed, and has had an undermining effect on other would-be property investors. Today, much of the “smart” money is staying out of real estate, playing it safe, so to speak.

That’s unfortunate, because as the market falls in most areas, profit opportunities are arising. (The real estate market is not falling everywhere – in places such as Charlotte, NC, for example, prices are growing at close to 3 percent annually.)

However, the opportunities of today are not those of yesterday. Flipping is out. The flip-side or “holding” is in. Here’s the play:

As foreclosures increase (due largely to ARMs resetting at a higher payment than the borrower can afford, forcing them out, but also in part due to investors walking away from would-be flipped properties) and lenders take over homes, increasing numbers of properties are kept vacant. (Lenders hold the properties vacant so they can resell them, something few are accomplishing.) The latest statistics I’ve seen indicate that something close to 3 percent of the housing stock in the country is now vacant (a multi-decade high), mostly as a result of the foreclosures. Since we never have had a real surplus of housing, that means that there are lots of people out there looking for places to live. And that means the demand from tenants for rentals is strong and getting stronger.

As a result, in many areas vacancy rates are falling and rental rates are steadily increasing. In some parts of Los Angeles, for example, residential rental rates are increasing above 7 percent annually.

The combination of falling prices, low interest rates, and rising rental rates provides a strong opportunity for investors. For the first time in nearly a decade it’s becoming possible to buy “break-even” properties, even properties with some positive cash flow. Today, in many markets, it’s possible with a standard down payment of 20 percent, to buy a property whose cash flow will handle your PITI (principle, interest, taxes and insurance) as well as much of the maintenance and repair costs. To make a profit, all that you have to do is buy and hold until the market eventually turns around. Then just ride the wave to higher values.

Therein, however, lies the rub for some investors: will the market turn around?

I certainly believe it will. The history of American real estate is that it has always gone higher. Historically, in fact, the real estate cycle has averaged around 14 years – 7 up years followed by 7 down years followed by 7 up and so on. If you’ll grant that the current down market is about 2 years old, if history repeats itself, it should be about 5 years before things turn around. Of course, markets that fall quickly, as has real estate, tend to rebound quickly, too. So it could be much sooner.

An interesting sidelight here is that buying to hold doesn’t require that you wait for the market to bottom out. All you need to wait for is a break-even property. Once you have that, you can comfortably hold it indefinitely and ride out price declines. Barring a deep recession or a depression, which would undermine even the rental market, buying to hold is probably a good strategy, as noted, as long as the property generates sufficient income to cover expenses.

Opportunities seem to be particularly strong in single family homes (not necessarily condos) as well as multi-family housing. Apartment buildings, in particular, seem to be faring well with prices falling as cap rates went up. The advantage seems particularly strong in up to 4 unit buildings where Fannie Mae and Freddie Mac secondary financing may still be available. (For larger units, lenders are requiring more “skin” – equity investments of 25 percent or more.)

Buying to hold is not a new idea. It’s been the long-term road to riches for millions of Americans since the Great Depression. Yes, it’s slower than flipping. But, it’s also steadier

 

Buy Investment Property Without Seeing It

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Why would you buy investment property without seeing it? It’s a numbers game. Whether or not you see the property before you make an offer isn’t nearly as important as making sure the numbers make sense.

My partner and I invest in Real Estate. He makes offers on a hundreds of properties at a time, offering 25-50% less than the asking price on each one. Occasionally a few sellers will accept these offers. He never has to look at the homes beforehand. Including an “inspection and approval” clause in the offer means he can always back out of the deal later when he sees the house. Meanwhile, he efficiently found the truly motivated sellers.

This true story demonstrates that with a good clause or two in the contract, you don’t have to worry about making an offer before you see a property. It’s true when you buy investment property or your next home. When it isn’t everything the seller says it is, you can reject the deal with little or no loss. So why wouldn’t you want to look at the property?

The main reason you might skip looking at a property before making an offer is time. This is certainly true if the property is far away. If you don’t get a price that makes sense, why spend your time traveling to look at real estate investments? A price and terms that make sense – this is what is important. Of course you’ll probably want to look at the actual property eventually, but looking at the numbers is how you invest.

Investors value income property according to current cash flow (or should if they want safe and viable investments), so start by verifying income. Get the actual income figures for the past 12 months. Always consider the potential income if rents are raised, vending machines are added, etc., but base your offer on the current income.

Verify all expenses with investment properties. If any expenses listed by the seller seem unusually low, they most likely are. Just substitute your own best guess in place of any suspicious numbers.

After you determine the net operating income, apply the appropriate capitalization rate to arrive at the value. If you’re not sure how to do this, get help. However, you really should understand the principle of how to figure a cap rate. This is a numbers game you’re playing.
Calculate loan payments (talk to your banker), and see how much cash flow you’ll have. Then you can figure your cash-on-cash return based on how much of your own money you put into the deal. Just divide the cash flow by your investment.

When the numbers work, you can safely make an offer. Inspections will tell you if there are problems that will affect the cash flow. You can always renegotiate if there are such problems (assuming you made your approval of all inspections a contingency of the offer). Of course, you can even go take a look now that you are truly ready to buy that investment property.

 

Types of Creative Financing for Real Estate

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Financing the purchase of a home can be confusing. There are many different financing options. Searching the internet or talking to a bank, you may not always find the most honest or accurate advice. When you are not sure how you are going to pay for a new home or you want to save as much money as possible, it may help to look at creative financing. If you are having difficulty choosing how you want to finance the purchase of a home, then look at these top 4 types of creative financing.

1 – Subject to Transactions

The first creative financing to look at is referred to as “subject to transaction”. This is a type of financing where the buyer takes on the current mortgage on the property. Potential buyers should always be cautious when considering this type of financing. You are taking the mortgage that the previous owner setup with a lender.If the lender does not feel that you are qualified for this mortgage, then the lender may end up asking that the entire loan be repaid instantly. If this occurs, then you will be forced to seek a mortgage through another lender in order to pay off the existing mortgage. The advantage of this type of financing is that you may not have to go through the financing process at all, if everything works out correctly.

2 – Short Sales

The next type of financing to consider is a short sale. This is a type of transaction where a home is about to go into foreclosure. The owner of the home may ask the lender of they could sell the property for an amount that is less than what is currently owed on the property. The buyer can then place an offer on the house that is less than the actual property value. The bank will receive less than what the property is worth, but they will not have to go through the foreclosure process and will be able to start receiving payments from the new owner. A short sale can greatly reduce the cost of buying a new home, if you are able to find a situation where this type of financing is suitable.

3 – Option Purchases

An option purchase is essentially like holding a property until you can get the financing you need to purchase the home. You are putting money down on the property and reserving the right to purchase the property at a later date. This is a type of purchase that the owner must agree to. When making an option to purchase, you will need to have enough of your own money available to put down on the property – this money cannot be taken from a loan.The seller of the property will agree on an option price with the buyer. The primary reason for considering this type of transaction is if you find a home that you want but cannot yet seek financing from a lender. Instead of having the seller list the property, you are agreeing to have him wait until you can get a loan.

4 – Seller Financing

The final type of creative financing to look at is seller financing. Instead of seeking a loan from a bank or other financial institution, you will make payments to the previous owner. This type of financing is often only available if the seller does not currently have a mortgage on the home. A down payment is typically required. Consider using one of these types of financing if you are having difficulty obtaining traditional financing for a new home. The reason these are referred to as creative financing is because they are not as common and require special circumstances. Thanks for reading, please leave any comments you may have.