Read more »]]> In North Dakota, job seekers can make $100,000 a year with overtime and bonuses.

People are swarming to this oil boom state looking for work, and nearly everyone is finding it.

Williston, North Dakota is one of these cities situated on the Bakken formation, a deposit that is estimated to hold between 4 billion and 24 billion barrels of oil, reports the International Business Times.

Over 6,000 people have flocked to the state in search of jobs recently, the article reports, yet many of them cannot find homes.

The 2010 census reported that the population of the city is 14,716, says the Times, and with this new influx of workers there is little room for them to stay.

CNN tells several stories of these workers – people who have doubled or tripled their salaries yet are either homeless or living in poor conditions.

A man the article calls Matt told CNN that he has been living in his RV in a Walmart parking lot. He was transferred from Walmart in Minnesota over the summer, where his salary spiked.

Another family is living in a campground, having moved from a home with a yard to their yard-less RV, they told CNN.

The oil companies have been trying to help out the workers – without this manpower, the oil extraction would be much less efficient.

Some of the companies, the article reports, have rented out sections of hotels or apartment complexes, and many are also building low-budget housing around the areas for their workers.

This type of housing has been dubbed “man camps,” and though it’s cheap it is far from ideal.

Benjamin Lukes told CNN of his experience in these “man camps,” where he pays $400 a month for the space plus housekeeping and three meals a day.

And yet he equates the space to a “prison cell” and he hasn’t been able to bring his family to Williston with him, having no place for them to stay.

Unemployment in the state is 3.5%, one of the lowest in the country. And yet even the wealthy workers are homeless.

Read more »]]> In the early 1990s Austin , Texas was a city full of empty office towers , whereas now the likes of companies like Apple, Progressive Insurance and Whole Foods are moving into the city creating hundreds of job opportunities. The knock on effect of this is buyers from out of state are snapping up houses that in comparison to many areas are ridiculously cheap.

Many properties will have multiple offers and sell for full or more than full price and then be under contract within 48 hours.
Austin is ranked first on Forbes’ list of America’s Fastest Growing Cities for the second year in a row.
According to Moody’s Analytics, the Austin metropolitan area — including the northern suburb of Round Rock, home to Dell Computer — is expected to have an economic growth rate of 6% a year through 2016, more than double the nation as a whole. Apple is likely to sign off soon on plans to build a $304 million operations centre that will employ as many as 3,600 people.
When constructing the list of fastest growing cities all factors were needed to be taken into consideration , projections of economic and population growth from Moody’s were factored in with median income, unemployment rates and employment growth. This ensured comparisons were fair a good overall view was given.
Top Five Fastest Growing American Cities
1 . Austin , Texas
Projected economic growth rate, 2011-2016: 6.1%
Population growth rate: 2.8%
Current MSA population: 1.8 million
Median income: $56,613
2. Dallas, TX
Projected economic growth rate, 2011-2016: 5%
Population growth: 2.2%
Current population: 6.23 million
Median income: $55,526

3. San Hose CA
Projected economic growth rate, 2011-2016: 4.7%
Population growth: 0.9%
Current population: 1.88 million
Median income: $83,551
4. Houston, TX
Projected economic growth rate, 2011-2016: 6.1%
Population growth: 2%
Current population: 6.23 million
Median income: $55,297
5. Salt Lake City, UT
Projected economic growth rate, 2011-2016: 4.4%
Population growth: 1.5%
Current population: 1.16 million
Median income: $65,405

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Purchase Price: $57,900

Annual Rent: $10,740
Annual Cash Flow: $7,007
(on cash purchase)
This impressive 4 bed , 2 Bath property with drive, garage and gardens has been recently refurbished to a high standard. It is tenanted , so cash flowing from day 1 and is professionally tenanted. It is a mainly brick built property is 1,483 sq ft and was built in 1959.

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Read more »]]> Prices From $9,995
Pre-launch prices available exclusively to UPI

Lakefront Lots Available
Right by the Caribbean Sea
Rapidy Growing Market
Tax Free Structured Investment!
Multiple Exit Strategies

The Palms at Corozal is a 43-lot development located just a minute from the beautiful Caribbean Sea, in the quickly growing Corozal district of Belize. In this community, you will find both investors who are looking for a great return as well as lifestyle buyers looking for a great home – there is room for both.

With land lots from 1/4 Acre in size, The Palms offers you an opportunity that is often only available to large investment funds or institutions – to buy and own real estate in a prime Caribbean location.

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Purchase Price: $107,000

Annual NET Rent: $10,135
Annual ROI: 9.47%
70% Mortgage Available for all clients

This outstanding 3 Bed , 3 Bathroom property is 1628sq ft and includes drive,garage and gardens. This investment opportunity has been refurbished to a high standard and will be tenanted and professionally managed, with an income from Day 1.

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Read more »]]> Purchase Price: $109,000

Annual Rent: $14,700
Net Operating Income: $2601
ROI: 7.95%
MORTGAGES AVAILABLE FOR FOREIGN NATIONALS
This is an outstanding investment opportunity, fully tenanted, refurbished and professionally managed. The property consists of 3 Beds, 2 Baths, Drive, Garage and Gardens and is 1396 sq ft.
Only a 30% deposit required to invest in one of the biggest and hottest markets in the US!

Read more »]]> Further to a meeting of ‘The Federal Reserve Board’ the Board have announced a more upbeat assessment of the economy.

With the Dow hitting its highest level since 2007 last month as well as car and real estate sales rising it can only be good news. The rise in Oil prices and interest rates are all a sign the economy is getting stronger, but how fast will these continue to rise ? The good news is The Fed Board have stated that they are committed to keeping short-term rates low until 2014. Long term rates will be dependent on the speed of economic recovery and there are still plenty of headwinds against a strong recovery. There are still millions of homes which are scheduled to go to foreclosure, that the real estate market need to absorb. Plus the world economy is still slowing and struggling in some areas such as Europe.
With all this considered a moderate but steady recovery is probably the best we can hope for and this would support low rates for the rest of 2012. But if we consider that rates have been the lowest of our generation, then even a small rise should still make the purchase of Investment Property an attractive proposition. So whilst there is a balance between rates and the economic recovery, it remains a good time to take advantage of it and make investments.

Read more »]]> Purchase Price: $37,900

Annual Rent: $8,100
Annual Cash flow: $5,938
Annual ROI: 15.56%

This fully updated Investment consists of 3 Bedrooms, 1 Bathroom and is 1199 sqft . It has gardens, a drive and is professionally managed, providing an income from day 1. This low cost , high return on investment property is an outstanding opportunity.

Read more »]]> After some promising recent data, which had seen Sterling move to 2012 highs against most of the major currencies, today’s preliminary reading of Gross Domestic Product (GDP) revealed that the UK economy has entered a ‘double dip’ recession. Growth in the UK, for Q1 2012, has contracted by -0.2%.

It is widely expected that the Pound will now begin to give up some of its recent gains.

If you are considering buying US property in the near future now would be a very good time to get your US dollars in place. You could also consider a ‘Forward Contract’ and fix your rate whilst you decide on which property you want.

If you need help with this, speak to us and we’ll happily put you in touch with our currency provider.

Read more »]]> Purchase price $43,500

Annual Rent: $9,600
Annual Cash Flow: $5,311.00
Annual ROI: 12.21%

A 4 bedroom, 1.5 bath beautiful family home, 1938 sq ft of living space. Property has been recently updated throughout and is professionally managed. Cash flow from day 1.

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