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Real Estate Law and China’s Property Bubble Discussed

Even though the global economic crisis has ended, and the recession in the United States seems to have ended, and as we move towards a very slow recovery, still we are not out of the woods yet when it comes to real estate. And our authorities who are engaged in regulating the banks and the industry are not done getting to the bottom of which companies caused the problem either. In fact, they are still out investigating some of the largest corporations and banks in America.

Likewise, with huge number of foreclosure cases in the court system it is compounding the problem. Some banks are paying hundreds of million dollars in fines for filing foreclosure papers through contracted legal firms without the proper paperwork. But if you think real estate law in the United States is complicated after the last recessionary economic crisis, you’d be very interested to know that we are not alone here in our country. In fact, after the global economic crash the United States and China both spent huge amounts of money in stimulus to prop up their economies.

In China the central bank lent money to regional banks and municipal vehicles to prop up the construction industry, and a lot of that money went into real estate projects. People invested in these projects; apartments, business buildings, factories, and all sorts of other projects, and China created a real estate bubble due to all the money that was poured in. Unfortunately most of that money will never be recouped, and many of those loans have already gone bad, and those local banks are trying to hide the fact.

Meanwhile, everyone who invested is watching the property values drop like a rock, and they are losing most of the money they thought they had gained as the bubble got bigger and bigger. Will those people be able to sue the government for creating this property bubble, or the banks for propping up or even misrepresenting what was going on? No, in China you’re not allowed to sue the government, and they don’t have the same types of real estate laws that we have here.

Unfortunately, there were many investment banks from the United States which also got in on the action, and actually helped increase the building of that bubble, some of which have already gotten their money out, and others still have their money in and they are losing it. Those wealthy investors involved will also lose millions of dollars along with the hundreds of millions, in some cases billions of dollars being lost by US-based investment banks. Perhaps what the world needs is some international real estate laws that everyone can agree to globally. Indeed I hope you will please consider all this and think on.

Home Based Business – Choosing One That’s Right For You – Here’s Your 10 Point Checklist

 I read somewhere that a staggering 97% of Home Based Business Owners FAIL within their first 3 Years. Would you like to be in the other 3%?
 
Then you need a Checklist.I have spent a mammoth amount of time and money trying to find the “perfect” Home Based Business that will make me an “instant” fortune.Then I realised something…and I’m going to tell you what it is.Firstly, let me ask you something – Have you ever had a job and if so, did you make $10,000 a month after working there for just one month?Of course not. You had to learn the job first! Hopefully you were taught as you went along until you got it right. Even after that I dare say that the job never paid you $10,000 a month. That’s why you’re here. If you have never been in a Home Based Business it can be quite foreign but once you have learned the skills you need to succeed it can be very, very rewarding. By that I mean “financially” rewarding as well as “life” rewarding. Nowadays, it is our family who decides when our holidays are taken…not when a ‘boss’ says it’s ok. It feels so good.I realised that a successful business of any kind is built over time. You have to learn the ropes. I also realised that I didn’t want to do some of the things that were required of me in order to make an income while working from home. So I started writing down what it was that I was looking for, what I was comfortable with and what I was prepared to do consistently each day.This is important if you’re to work from home because there isn’t a boss hovering over your shoulder making sure that you are working. You have to want to do the work and when the money starts coming in it will give you even more incentive.When looking for a Home Based Business you must be sure that you have a check list.
 
 What is it that YOU want? Create one of your own. If you’re unsure, here’s my list to give you some ideas.

TRAINING Is there ongoing Training and Support to achieve the desired income?

PERSONAL CONTACT Can I talk with someone in the prospective business? Is there a phone number or contact email?

INTEGRITY Does the company mean what it says?

EQUIPMENT Do I need a computer, a phone etc? Do I get my own website?

COST Is the start up cost within my budget? This means, do I have the money now or am I prepared to go into debt to invest in this particular home based business and where will the money come from?

PROFITS Are they good or will I be working a long time to create a worthwhile income? Is the company promising an unrealistic income?

ONGOING FEES Is there an ongoing Membership to pay? This is most important to know (and in my opinion to avoid especially when you are new) because if there is a monthly fee, they will charge you EACH and EVERY month whether or not you are making any money!

PRODUCTS Are the products or services highly sought after?

VERSATILITY & DIVERSITY Does this home business teach me things that I can apply to other businesses or other ways to create more income? I am a great believer in Multiple Streams of Income. I like to “Provide For Life”.

PRIDE & COMFORT Am I happy to talk with my family and friends about my new home business that I have undertaken, without them running a mile thinking that I’m going to recruit them! Heaven forbid.
You know, This is my checklist and I was late in creating it but as they say, “Better late than never”. Now you know what I look for in a Home Based Business that suits me and I am happy to share it with you. Maybe you are looking for something with similar traits. I hope this list has been of some assistance to you.

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Considerable Factors Involved in Product Creation & Marketing

The niche you have chosen should allow creation of more than one product or service. With the technological advancements in the hosting industry, from automated control panels and scripts that simplify creation of accounts, to complete turnkey solutions; there is no need to worry about spending time on the real products sold to the customer. The main ones are keyword selection, sales copy principles, graphics, affiliate programs, product creation, online payment processing, auto responders, and search engine optimization.

Once you’ve earned money from this type of information product business, you can invest in the creation of your own products if you want, or start offering more informational products that allow you to sell your knowledge. But the creation and production costs of a similar big ticket in sequence product, although higher, are still pretty low. A key by-product of this process will be the creation of 3-D, Computer Assisted Design art.

The Association for Financial Professionals permits the following activities for repatriating funds: Research and Development activities, advertising and marketing programs, hiring and training new recruits, acquiring patent and other rights to intangible property, improving transportation, funding capital investments with the purpose of job creation and job retention & funding product responsibility or environmental claims.

It prohibits certain activities like: Tax payments, Payment of executive recompense, Payment of dividends, Redemption of stocks, Debt investments and Portfolio investments. Therefore, before repatriating the money, you must consider whether it is worth or not.

Checklist on what artist and product development necessitate includes: Exceptional vocals, musicianship and/or songwriting skills, Continued education and enhancement of musical skills, Quality equipment, Performance ability, Image creation and maintenance, Plan of action, goal setting, excellent promotion materials including photographs, press releases and artwork, Business management skills, Marketing, Publicity and Promotion knowledge, Online and Offline Professional management, Basic knowledge of recording, producing, engineering, and mastering, Basic knowledge of manufacturing, distribution, and sales online, brick and mortar and air-play, Good choices in members, staff and advisors, Physical and mental preparedness, Basic knowledge of finances, accounting Law and legal issues etc.

The goals for doing so are for the product owner to: Communicate the whole, Determine and communicate when releases are needed, Determine what functionality is sufficient for each release & focus on business value derived from the releases. The delivery team on the other hand will see the whole, learn about the steps to realize the vision, learn the business priorities, provide technical input to the roadmap and provide estimates for the projected features. The salesperson must lead the prospect through the various decision criteria needed in order to secure a sale. Whether your idea is the development of a product, launch of a service business, or even the creation of an event or program for a non-profit, creativity is the root of all entrepreneurial efforts starting with the vision itself.

People quickly learn to spend their time on marketing and product creation, rather than repetitive tasks. Apart from empowering companies and individuals, there should be a particular focus on identifying labor intensive businesses that have the potential to make a significant and positive impact on employment creation as well as those businesses that have a product or service offering for export markets with the final objective of booming local economies.

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