Gregorio Management Group LLC

Thursday, November 22, 2012

How to Properly Write Off Bad Business Debt

Document Everything in a Small Business

Bureaucracy loves paperwork. Keep them up to date and work at your systems.

A Union Contract Hit

This is a very good explanation of how the Progressives destroyed an 85 year old company. Well played. What is happening in Europe will be here soon.

5 Smart Ways to Avoid Cash Crisis

Tuesday, November 20, 2012

Monday, November 19, 2012

Spain is beginning to take foreign investors in their housing market. Will this be a good investment opportunity? It depends on how the tax situation continues in that country and how their current austerity measures continue. It is expected to be bought up by Russian and Chinese investors.

Why not bring taxes back up to 91%

We are a Socialist country now. Why not?

Pay 50% Taxes in 2013

Saturday, November 17, 2012

Farmers and Death Tax

Stryker lays off 1,170 jobs

ObamaCare victims.

Hostess lays off 18,500 workers and closes down

The Power of Unions. More to come as Obama continues to sink our nation.

Wednesday, November 14, 2012

Lot next to the Obama Estates are available for sale

Friday, November 9, 2012

How Agents and Property Managers Can Make Use of Tablets

Make it easy for smartphone and tablet users to rent from you

REITs vs. Residential Real Estate

Android Devices May Harbor Digital Desperadoes, Survey Finds

Risks in tablet used for business.

New Business Practices in the Information Age

Mr. Murray's Outline of America's Future

Mr. Murray's Outline of America's Future:

What I foresee in America, by Robert E. Murray:

- Drastically reduced economic activity

- Reduced electric power consumption

- Even more drastically reduced coal markets with even worse coal pricing

- Total destruction of the coal industry by 2030

- Enactment of 12 regulations pending from the Obama Administration from the U.S. EPA alone

- Per Sen. James Inhofe, three (3) regulations - greenhouse gas, utility MACT and coal ash - will cost America $600 billion alone

- Likely a carbon tax will be forced to subsidize the government and "receivers" (Obama supporters) in the total destruction of the coal industry, again, the latter as early as 2030

- All coal companies are performing drastically worse than their CEOs and Boards want to report, and this is understandable with their concerns for their stock prices and refinancing

- Most public companies will not be able to continue to emphasize any positive that they have, while avoiding the negatives in their statements and opinions

- The markets will soon take this ability away from these public CEOs and Directors

- Of course, private companies will abandon this business

- We must prepare for this today, and we cannot bleed cash waiting for our competitors to be eliminated

- We must totally go into a survival mode and generate all the cash that we can from whatever we still have left that can help us

- We must tear down all structures in Murray Energy and reassemble them

- While putting Murray Energy into a survival mode, I will be fighting allegations from radical Obama supporters that you know are blatantly false and were inspired only to shut down our opposition to them on behalf of our employees, your area, and our country

- We must be passionate and austere in all that we do.

Murray Energy Corp.

Robert E. Murray

Chairman, President and Chief Executive Officer

Robert E. Murray's Prayer

Mr. Robert E. Murray's Prayer, as shared with his workers:

Dear Lord:

The American people have made their choice. They have decided that America must change its course, away from the principals of our Founders. And, away from the idea of individual freedom and individual responsibility. Away from capitalism, economic responsibility, and personal acceptance.

We are a Country in favor of redistribution, national weakness and reduced standard of living and lower and lower levels of personal freedom.

My regret, Lord, is that our young people, including those in my own family, never will know what America was like or might have been. They will pay the price in their reduced standard of living and, most especially, reduced freedom.

The takers outvoted the producers. In response to this, I have turned to my Bible and in II Peter, Chapter 1, verses 4-9 it says, "To faith we are to add goodness; to goodness, knowledge; to knowledge, self control; to self control, perseverance; to perseverance, godliness; to godliness, kindness; to brotherly kindness, love."

Lord, please forgive me and anyone with me in Murray Energy Corp. for the decisions that we are now forced to make to preserve the very existence of any of the enterprises that you have helped us build. We ask for your guidance in this drastic time with the drastic decisions that will be made to have any hope of our survival as an American business enterprise.

Amen.

Utah company blames Pres. Obama for 102 workers laid off

This situation will worsen as the EPA gains more power. Obama will continue to take our money and git it to failed alternative energy ventures in his fascist takeover of the economy.

This is what happens when you break God's Tenth Commandment

Thursday, November 8, 2012

Investing in Rental Property

Real Estate Advisor: October 2012

Investing in Rental Property: Five Steps for Success

Have you ever considered purchasing a rental property? Rental properties can be great investments, done right. In addition to realizing gains from property value appreciation, rental income can provide a monthly cash flow. Once the mortgage is paid off, much of your rental income will be profit, allowing you to work or to enjoy retirement.

Unlike your home, this investment isn't something that you will be personally using day-to-day, so the benefits of ownership differ. Rental property is a tangible asset you can visit, use, and personally impact the worth of your investment. With sound judgment, and by following some basic steps, you can own property and realize gains; both short and long term.

Purchase with a Plan

Investing in real estate differs depending on the type and location of the property you are buying. Will you want to use the property part of the year? Vacation rentals are enticing on many levels, though considering how you will use them during less desirable periods may affect your potential rental income. Purchasing a residence has different implications than a property that will be rented commercially. Some investors buy properties with multiple units so they can have rental income from one or more units while fixing up and/or living in remaining units. Properties with multiple units have more to consider and maintain than properties that will be rented by a single person or entity. Knowing the type of landlord you intend to be will provide some focus as you consider properties. It will also provide valuable knowledge for your realtor helping with your search.

Being pre-approved for an investment loan and ensuring that your own finances are in order is not only wise, but will make it clear if you have enough capital to proceed. When taking on another mortgage, remember - you will want to have a healthy reserve fund in the event that the property produces less income than expected. Before you look at properties, sit down with a mortgage broker or lender to see how you qualify for a loan.

Research the local rental market so you know what you can realistically expect to charge and better understand the potential cash-flow of potential rental property.

Understand Your Investment

It is important to understand the condition of the building and surrounding property you intend to buy. Unless you are particularly knowledgeable about construction, always make offers for purchase contingent upon professional inspections.

Knowing the exact condition of the roof and foundation, plumbing and electrical, floors, appliances and other aspects of the property provides a much better sense of what you will need to repair, maintain, or upgrade for your tenants. In turn, this allows you to better understand the "bottom line" of your investment. After all, you are not likely to be present on a day-to-day basis to take note of any issues that arise. As the owner you have a vested interest in ensuring that the investment stays in good condition. You should have a budget for repairs and maintenance, and ensure that the purchase price enables you to make any necessary upgrades you might need to make prior to renting it to a tenant.

Additionally, you will want to know about locale, including parking and security issues and the zoning regulations that govern the property, including any multiple occupancy limitations and any restrictions on specific business activities. Your understanding of specific property, how it might be used, and the limitations you face when renting it out make you a better investor.

Evaluate Your Options

As you look at properties, consider your options - you have many. From location and style of building to type of rental and the number of units, each decision you consider will open new doors. Is this a long or a short-term investment? If the property is one that you think you will hold for a while, do you have a sense of what the future holds and how the neighborhood is changing? Buying properties in good locations is one of the best ways to ensure the steady flow of rental income.

And remember: properties don't always have to stay the same. Consider things you could conceivably do to the property that might affect your income or investment. For example, can you add on to the home easily? Can you build a garage or change parking? Is it possible to convert a garage to an extra room? Are there regulations regarding subdividing or renovating the home? Can you add a bathroom?

Some communities limit the number of rental properties, while others have height or size limitations when building. If something you desire is not an option, know that going in. Even if you are not planning to change the property in any way in the beginning, understanding what you can and cannot do is a good idea.

Get Insurance and Assurance

Legal documents, including rental agreements between you and your tenants, and service agreements between you and concerned parties are essential. And don't forget more mundane issues that can arise when renting out a property: If a community has fees for water, sewer, community clubs or other amenities, clarify responsibilities -- will these be the responsibility of the owner or renter? Getting the right information out of the gate and spelling it out for your tenants will aid you in the end. These agreements will give you peace of mind and provide legal recourse should you need it.

A real estate lawyer is an invaluable asset when you purchase a rental property. Not only can a real estate lawyer look over your purchase and rental agreements, they can advise you in other aspects of your investment, including interpreting local regulations. Your realtor will undoubtedly be another great asset, as they are full of more general information regarding local issues and market trends and can likely provide referrals to local property management services should you be interested. The more resources you have on your side, the more assurance you will have that your investment will run smoothly.

Proper insurance includes insurance on the structure itself as well as liability insurance, in case someone is injured while on the premises. In some locations additional flood, earthquake, and storm related coverage is a further way to protect your investment. Since you are responsible for the mortgage, you will want to have the right types of insurance with sufficient coverage to protect your investment.

Remember: You're In Business

Buying a rental property is essentially going into business. When the monthly income from tenants exceeds the amount you pay in mortgage, maintenance, taxes and other fees, you realize a positive cash flow in the short-term. Additionally, if all goes well, you will also realize a profit when selling the property. Doing your research as you look at properties and make your choices enables you to be as prepared as you can be for the ups and downs that you will face in managing your business. In fact, what you learn can make you much more successful in the end.

Like all businesses where significant money will be changing hands, an accountant who is versed in real estate investing and tax implications will be valuable. You will be collecting rents and incurring expenses for repairs and services. Tax issues become more complex, and a professional will aid you in maximizing your returns on your purchase. Service providers like this can pay for themselves in the money that they save you. Once you know the bottom line with regard to your investment, you will be better equipped to determine a budget for projects related to the property.

Whether this is your first rental property, or you are a seasoned veteran of this sort of investment, your realtor is among your business contacts. Having a straightforward relationship where you present your needs and expectations up front enables you to get the help you need in making that critical step of executing the purchase. Additionally, realtors often have a wealth of knowledge and resources that they are willing share from handymen to potential tenants.

Success in business is not accomplished alone - developing a team of professionals from purchase through ultimate sale of the property is one key to achieving your goals. Follow these steps as you go into your new venture and you will start strong. The rest is up to you!

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