In the current climate where the stock market has been volatile and where income driven investments such as gilts or bonds are paying very low yields, investment in residential property has potential to offer improved yields and stability. There are several important factors which need to be understood and considered to get the best return from your investment such as management of your property investment, tax position, funding of your investment etc… Another aspect of these is the actual choice of property itself which can impact both bottom line income and also has consequential impact on other considerations. There are two types of strategy in property investment which are very similar to equity investments in their stance and risk position. The first is investment for income and the second is investment for capital growth. It is possible and desirable to achieve both but for the purpose of this discussion we should try to target each stance independently.Location – Income influencedThe question here is not specifically about the entry value per property but about the yield it can return based on it’s annual cost versus annual return. This yield is usually expressed as a percentage. Market rates vary drastically across the country but of course this is usually reflected by the cost of purchase and if applicable on-going maintenance costs. The interest from an income point of view is to obtain the higher rental income potential for the lowest given cost. Consider your location in terms of it’s past stability for rental market price and it’s potential in the future. The ideal situation is where your location has a stable rental market price at a reasonable cost position but also has potential to increase in desirability and achievable rents as the area around it grows or develops. Risk is lower than capital growth influenced investment due to past performance being a more reliable indicator of future rental income potential.Location – Capital growth influencedHere the influences depend largely on funding limits, timescale and attitudes to risk. It’s a given that you are looking to invest in an area which has potential to increase in desirability in the future. This may be driven by past performances or by some speculation or logical assumption of a change coming to an area. London is a good example where there is consistent growth history irrespective of other market forces, yet within that certain areas of London have grown faster in their own right. To some extent the amount for investment will dictate the areas available to you. Here research into future potential is critical as it’s easy to buy into a sales pitch and end up paying more than you should for a location which doesn’t have the right potential. Risk levels in capital investment are higher, generally the larger the single property value investment the larger return potential however conversely the larger the loss if it goes wrong. Market forces have a much more significant impact of capital based investment and location can play a significant part in this.New or old property? – Income influencedNew properties are attractive to income based investors in that they have a lower operating cost. The infrastructure in terms of heating systems, electrical etc is fully compliant and needs no investment or updating at least in the short term. However newer properties may not have the same prestige or image as old properties and may not be able to attract tenants as easily. Also newer properties tend to have smaller room sizes on average and be limited in terms of parking spaces and garden sizes. The downsides of a new property choice in respect to desirability may be offset somewhat based on it’s location. Watch out for new build areas in the city centres as the demographic changes.Older properties may command slightly higher rents and better overall desirability but come with a higher cost of maintenance. Older properties also are likely to need to be brought up to standard and need to meet current legal legislations.New or old property? – Capital growth influencedLocation really takes priority over property type. However the state of the property and it’s on-going cost may impact your investment over the time you expect it to grow in value. Here the older property is likely to cost you more but is also likely to be in the most desirable locations and growth potential areas. The older property can sell itself at a higher rate based on heritage and prestige providing it meets modern standards. Those who are interested in modernising and developing older property can also reap rewards if they find the right opportunity in the right location.Lease or freehold? – Income influencedFreehold properties provide the benefit of a more static cost base whereas a leasehold may have some variability in terms of ground rent charge. Depending on the length of any remaining lease period there may also be the legal cost of re-negotiating a new lease. However if the area that drives the best yield percentage is in a built up area such as a city centre, it may well be likely that your investment needs to be a leasehold as there is no freehold availability. In that event the extra rental income achievable needs to be weighed against the risks and extra costs of the lease status. Freehold obviously suffers in this event as it may limit availability of property to invest in. If a balance of income and capital growth is of interest then this choice may become more of an important factor.Lease or freehold? – Capital growth influencedLease costs need to be considered over the investment holding period and factored into the risk position. Outside of that the position of lease or freehold is more likely to take a back seat based on the location you choose to buy your property in. If the property is targeted to grow in value then the status of lease or freehold is less likely to impact it’s sales value.Serviced Apartments? – Income influencedApartments should be approached with care by income driven investors. There are several potential ongoing costs that need to be evaluated. Service charges, management charges, insurances and ground rents are the main ones to watch for. These costs can be significant and to some extent outside of your control, often subject to above inflation increases. These charges also greatly impact your bottom line should the property ever be empty for any period of time which adds additional pressure to avoid voids and may restrict your ability to command optimum rents. Using a local letting agent may help you to mitigate and manage that pressure somewhat. Overall before investing in apartments it’s highly recommended to check that the rental potential more than justifies the risks in terms of cost inflation and losses in void periods.Serviced Apartments? – Capital growth influencedWhilst operating cost is generally a lesser priority than for the income investor, here the costs can contribute to the holding period of your investment. If you are looking to invest in an area which may take time to develop and show potential then having increasing costs may cause difficulty and stress the ability to manage the investment effectively. Particularly where an investment is highly speculative and potential tenants are not always guaranteed. The capital investor in this case should have a gameplan to avoid tenant voids at all costs and have a more concise understanding in terms of their exit strategy and timing.Overall location plays the most important role for both the income and capital investor. But what’s also clear is that additionally the investor needs to understand their risk exposure, the length of time they plan for their investment and also the costs involved. To know the costs both for sustaining and maintaining their investment whether they be orientated towards income growth or capital growth.
Before 2009, it was possible to depart and re-enter the United States from Canada, Mexico, Panama, Bermuda and some Caribbean countries using only a valid birth certificate or driver’s license. Due to heightened security issues, however, all people leaving and returning to the United States must now carry a valid passport. If an unexpected or unplanned foreign trip becomes urgent, a regional passport agency can help with rush requests.Online FormsThe application forms are readily available on line for printing. All applicants, regardless of time considerations, must be able to present proof of citizenship in the form of an original birth certificate as well as having the correct type of photo. Those enjoying enough lead time for regular processing usually present their completed forms to a local acceptance facility.Time It TakesA four to six-week wait is common. This poses no problem for travelers having plenty of time to plan ahead, but is not ideal in many rush situations. It is possible, however, to speed up the process by going directly to a regional center. These facilities have the ability to immediately approve an application and to present a finished document more rapidly.Acceptance FacilitiesThere are real differences between a local acceptance office and a regional agency. The acceptance office may be closer to home and is ideal for most standard requests. It will also work with fee-based professional expediting services. By contrast, a regional office is equipped to handle time-constrained emergency requests much more rapidly than standard processing guidelines allow.Regional FacilitiesWithin the U.S., there are thirteen official regional agencies with locations and toll-free numbers readily available on line. In addition to physically creating the documents, one of their primary functions is to serve customers with urgent travel needs. While there are no absolute guarantees, many people are able to get a completed passport on the same day as their appointment.Proof Of TravelRush customers must provide proof that international travel is scheduled in two weeks or less. This proof may be a copy of an on-line airline ticket or even a fully paid-for travel itinerary from a travel agent. The toll-free local number helps callers set up an appointment, but only will do so for those who must leave in less than 14 days.Set Up The AppointmentCallers receive a confirmation number for their individual appointment. At that designated time an applicant must present regulation photos as well as the standard proofs of citizenship. Fill out the forms in advance, taking care to avoid any mistakes. Payment is also required at that time, so check the official website for current costs. Be prepared to undergo a stringent security check when entering these government buildings.
Some health care insurance companies, are nowadays grateful for their employee’s idea of dropping the client’s policies and cancel the payment for their health care medical expenses, admit recent investigations in health care insurance domain. Since this new policy, many other investigations started targeting all other health insurance companies.Moreover, another important change in health insurance policy is that, as many Americans accept the idea that, smokers should pay a larger sum of money for their health care insurance. Why? Simple: it is already known the fact that a smoker is more prone to danger than a person who has never smoked in his/her life.And the danger refers to health care medical issues, of course.This is also a way of determining as many people as possible to quit smocking.Health care insurance programs and medical health care issues have been concerning USA presidential candidates since always. Even Barack Obama the actual president of USA, has in plan to face the health care medical system, and improve it, by taking out all problems that are harming it. His perfect health care program would be the one covering all medical care expenses by the health insurance company. The estimated number of uninsured in USA, points out to 45 million, people who need to face the actual medical care insurance system. A first idea would be that, by raising health care insurance taxes for smokers, then the uninsured would have to pay less, since the smoker’s number is bigger than medical uninsured.The need for a reformation of health care system is obvious and it is one of the president’s main objectives, because after the economy, medical health care system, and insurance health care policy come second.Barack Obama is fighting to convince employers to determine Americans to share his new health care policy plan. His plan will require larger companies providing insurance to entire nation, and in return they will receive small tax credits for the medical care expenses.
Unfortunately many workers are still depending on their employers regarding health benefits, and the entire system is facing difficulties already. The numbers are concerning: 62.9% of Americans under the age 65 had “employer-based” coverage during 2007, falling from 68.3% during 2000. This indicates that instead of an improved situation in health care system, the evolution was tragical, meaning that thing have been getting worse and worse for the past 7 years.Experts and qualified persons, do not sympathise much the idea of eliminating the fee advantage for “employer-based” coverage which would only oblige younger workers to abandon their office plans. In this case, medical costs for the remaining employers would surely skyrocket. So it seems that MCCain’s idea could do more damage than good to the entire health care system.
On the other hand Barack Obama’s approach is extremely different. As said previously, the president wants to establish larger companies to provide “meaningful coverage” for their clients. In case they do not provide health care insurance, they would have no other option but to subsidize the entire cost of a national plan.
The amount of medical services needed in the United States opens many possible career choices for students. The health care field requires numerous professionals to carry out specific duties within a community or inside a hospital. Students are able to enter a career in health care by choosing to complete education through an online school.There are many avenues that can be taken when students decide to enter a distance learning school for the health care profession. Career training can be pursued in areas like health education, health information technology, public health, and more. Students should research the health care field to decide on the right educational program that will facilitate the best learning for their career goals. Some degree and career options available through online study may include:*Health EducationWorking to inform others how to gain a healthy lifestyle can be pursued from an associate to doctoral level of education. Training prepares students to understand diseases, health issues, and wellness practices thoroughly so they can help others reach good health. Tobacco use, teenage pregnancy, nutrition, physical fitness, and community health are subjects explored inside an online program. Becoming a health educator on these issues and much more is possible upon graduation of a concentrated program.*Health Information TechnologyThe medical history of patients is extremely important. When completing education students learn how to ensure all information is accurate by understanding the field and its technology. Online schools provide degree opportunities at the associate’s, bachelor’s, and master’s degree level. Students can expect to study medical terminology, data analysis, anatomy, information management, health insurance information, billing, and coding. The examinations of these different topics prepare students to step into the workplace as health information technicians.*Physician AssistantProfessionals work to conduct a variety of tasks from recording patient histories to casting broken bones. The standard educational requirement is having a bachelor’s degree before entering a training program. Most online colleges provide a graduate training at the master’s degree level. Students should expect to take online classes in pharmacology, biochemistry, pathology, and internal medicine. Programs require a hands-on experience course where students visit a hospital located in their hometown and work with physicians and their patients. Some colleges offer associates and bachelors degree programs.*Public HealthMany career options are available to students that seek education in public health. Administrative duties and procedures for health related practices are studied inside a degree program. This can include working with homeless and foster care children. Students learn about community health, environmental health, promoting wellness, and more. Online colleges provide training through undergraduate study and graduate-level degrees.Health care is a broad field that allows students to follow their passion into a satisfying career. Accredited online colleges provide several educational options to train students to become health educators and health care workers. Full accreditation is provided to quality educational programs by agencies like the Distance Education and Training Council ( http://www.detc.org ). Students can begin education when they’re ready by exploring the different available options.DISCLAIMER: Above is a GENERIC OUTLINE and may or may not depict precise methods, courses and/or focuses related to ANY ONE specific school(s) that may or may not be advertised at PETAP.org.Copyright 2010 – All rights reserved by PETAP.org.