Clueless Payday Loan Opponents

There are lenders in every industry that are predatory, and do not have the best interests of their clients at heart. Banks that give mortgages to people who buy houses they can’t afford, dealerships that sell cars that are too expensive for the people who buy them, and yes, there are payday lenders who give loans for more money than people should borrow.

There are people and organizations that think that restricting people’s borrowing rights qualifies as an act of good will. Many of these people are upper-middle class suburbanites who think that they’re making the world a better place.

It helps alleviate their guilt for driving past homeless people during their commute to work in their $50K SUV and drinking their $5 Starbucks coffee. It makes them feel as though they’re helping the poor without actually having to spend time with any of them.

Payday loan opponents have never actually needed a payday loan so they don’t actually know the details of how they work or that some people can actually benefit from them. They like to throw out terms like “loan shark”, even though loan sharking is illegal, and payday loans are not. Loan sharks hold onto to things you own as collateral, your car, a stereo system, etc. If you don’t pay the loan back on time, they keep your things and you still owe them the money. If you still take too long paying them back, they start hurting you physically.

The following examples are organizations and types of people that offer no actual solution for people in financial trouble to get access to cash, they only focus on banning an option that thousands find helpful.

Arizonans For Responsible Lending: No actual solutions for struggling people.

This special interest group has spent hundreds of thousands of dollars producing anti-payday loan propaganda including several television commercials, one of which is offensive. They have testimonials on the home page of their website from people who claim that payday loans almost ruined their lives. One woman claims that she had to get a second job to pay off her 4 payday loans. Maybe she shouldn’t have borrowed more than she could afford to pay back and got the second job to start with.

Total number of alternatives they offer instead of payday loans: 0

ACORN: Laws don’t apply to us.

Also known as the Association of Community Organizations for Reform Now, is a special interest group of anti-corporate radicals that claim to have the poor’s best interests at heart. They like to gather outside payday loan stores and harass people that work there, and people who go there who need money.

I guess since they feel that they’re helping people that they can side-step the law. They have been in the news because ACORN employees have been convicted of voter registration fraud. They sued California to avoid paying their own employees at least minimum wage (Not illegal per se, just a little ironic for a group fighting for the rights of the poor.) Fires their own employees if they try to unionize, the list continues…

Local journalists: All buzz, no content.

It’s amazing how inaccurate and biased local reporters can be. Whether it’s Arizona, Ohio or any one of several other states the local reporting is unbalanced and lacking facts. At best, many of these writers submit the uninspiring articles with the same tired “loan shark” theme. At worst, this news is inaccurate and biased. In many instances these articles read like press releases directly from special interest groups.

Politicians: We’ll tell you how to manage your money

There’s nothing worse than a hypocrite. There’s no shortage of Senators, Congressmen, Mayors and Councilmen who are in the pockets of special interest groups like ACORN who do little research into what people need, or are interested in developing solutions for the under-privileged. Politicians take away borrowers rights to get access to cash because they want to tell adults how to spend their money. Then they turn around and completely mis-manage and over spend your tax dollars.

Tommy the Loan Shark: Annoying, self-promoting grad students

It’s hardly worth mentioning, but it’s such a typical example of an opponent to payday loans. There’s a blog run by two grad students, one of whom is Jim Nixon. The other is a friend of his who dresses up in a big, blue shark costume. The two of them go around political press conferences in Philadelphia with their bull-horn and pretty much start up a scene then blog about it later.

Again, no reasons why payday loans are no good, no payday loan alternatives, just a couple of kids trying to get a rise of people then drive home in their parents Volvo.

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Payday Loans Help Purchase Gas In California

Need an online payday loan to purchase gas? You may if you live in California. The prices have jumped up an average of close to one dollar per gallon in less than two weeks leaving many in the workforce struggling just to get to work.

Refinery and pipeline problems have put a squeeze on the fuel supply which created record high prices at the pump. Areas which are highly affected by unemployment are being hit with the highest prices. How can I get a payday loan when I have no job and cannot afford fuel to get there? Many areas in Southern California are shelling out close to $5.00 per gallon.

Californians may catch a break if the Governor’s request for early release of the winter’s blend of gas is approved. The winter blend is a gas which evaporates more readily into the environment during hot weather. The summer blend is less harmful to the environment. Usually, the winter blend does not hit the market until the end of October, but even if it does get released early, it will take several days for price relief to hit their tanks.

Is filling your gas tank an unexpected cost which would justify taking out an online payday loan? It could be for many. Knowing that the high gas prices will be around for a bit and the commute to work stay the same, it just may take a low cost payday loan to get by till prices begin to drop.

How do you handle a quick unexpected demand on your income? Do you have a savings account? How about a credit card with an open balance which could take the hit of filling your gas tank at almost $5 per gallon? Would you use an online payday loan in order to fill your tank up this week? What other options are there for people who live paycheck to paycheck?

It is a good thing that California is a state which allows low cost loans. There are certain regulations which lenders will have to follow, but the availability of quick cash when your budget cannot handle the overload is a good option to have. Think about if California was one of the states which banned all payday loans, how would someone with no other credit options find the cash to fill the tank and pay the normal bills? It would be disastrous financially as people go without paying their bills in order to get to work.

Let’s hope there will be quick relief at the pumps. Those in a panic for money may learn to start a savings for situations just like this. When you have no personal resource, depend on a responsible lender who will offer lower fees. It is good to know your lender prior to landing at the gas tank, so a quick application is all it takes. If you have never used a payday loan online or do not know anyone who did, you will not want to comparative shop for one who uses best practices.

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Real Estate Development – More Than A Design

Understanding market trends is key when developing any kind of real estate. Forecasting potential customers’ needs and expectations, and finding the right property are all variables that development and investment companies must account for. Pivotal’s twenty five years of experience has allowed them to gain the knowledge and relationships needed to complete these tasks. Developing real estate is a large segment of their group, and Pivotal has high expectations for all of their real estate developments. Their involvement throughout the western region of America has allowed them to research the western culture and learn the trends. This helps Pivotal predict customer expectations, and allows them to align their expectations to match their customer’s demands.

The landscape in western America includes every type of climate that America offers. Pivotal has developed real estate in the mountains of Colorado and in the dessert of Arizona. Every type of property presents its own challenges and rewards that development groups must utilize when planning real estate developments.

High rise residential and commercial condominiums have become the recent trend in major cities. The reverse suburban sprawl is underway and Pivotal is capitalizing on this trend. Camelback Esplanade is a Mix Use development that contains commercial offices and residential condominiums. These types of developments are starting to emerge and Pivotal is taking part in designing and developing this type of real estate. Gaining experience in emerging markets will allow Pivotal to raise customer expectations.

Pivotal’s ability to develop real estate in prominent areas allows them to be successful in saturated markets. This gives Pivotal a huge advantage over customers because they are able to provide specialized properties that exceed competitor products. Cimarron Hills in Georgetown, Texas is an example of successfully developing real estate in a saturated market. The suburban area surrounding Austin contains many high class residential communities. All of these communities offer residents with amenities such as schools, hospitals, and retail stores. Pivotal was able to purchase ranch land outside of Austin and build a master planned community that offered customers Hill Country living twenty minutes from down town. These luxurious homes are accompanied with a resort style spa and wellness center and championship Jack Nicklaus Golf Course. This type of specialization is what separates master planned communities from residential communities, and has allowed Pivotal to develop these communities in saturated markets.

Areas like Phoenix and Los Angeles are full of resorts and condominiums, yet Pivotal has been able to develop and restore properties in these areas for over twenty five years.

Real Estate development includes more that just designing and building commercial and residential properties. It has evolved into pinpointing attractive properties and forecasting potential customer demands. These expectations must be met by development companies in order for a real estate site to succeed. Pivotal has succeeded in developing these types of real estate sites all over the western region of America.

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Multiple Facets of Real Estate Development Jobs

Since the real development business is multifaceted, estate development jobs cover almost everything related to immovable properties from renovation and leasing out through procurement of land and buildings. Another aspect is sale of a developed portion of the estate to prospective clients.

Real Estate Development Responsibilities

Basic responsibility of the real developer is to coordinate the activities relating to estate and at the same time converting the ideas giving them practical shapes. Of course one should not confuse the term with “building”. A developer would buy land, finance deals, and then transfer the task of buildings to the choice builders for completing them. Most often the building job is entrusted at a fixed cost. In fact the developer’s responsibility is to develop the real estate from beginning to end.

Training and Qualifications

Although no hard and fast standards have been prescribed for taking up the developer’s role, yet certain amount of innovation and creativity is the essence of the character of a developer. Since the developers take the greatest risks involved in creation and renovation of any real estate by providing the finance, they are also likely to get the best rewards if the project turns out to be successful.

Naturally many agencies across the globe both online and offline are trying to cash on the high competition in developers’ market by providing training and classes. While one may not find such colleges and institutions in the traditional college directory, they do exist and many of them also provide online education and degrees for prospective real estate developers. Bachelor’s degree program is the only comprehensive training program available for aspirant developers.

Real Development Job Counterparts

Despite being highly innovative and unique, the job of the estate developers cannot be accomplished without working in conjunction with numerous counterparts such as the architects, planners, inspectors, engineers, contracts, agents for lease, and various others. Real development jobs are considered to be integral part of town planning under the law of many developed countries like the U.K.

Ways of Getting the Real Estate Development Jobs

Once again like the academic and technical qualifications required, no hard and fast specifications have been made in respect of the ways of getting one of the decent paying real estate development jobs. Coming from multiple disciplines like brokerage, mortgage, consultancy services, construction works, lending, legal services, as well as architectural services, the developers could have divergent ways of getting to one of their desired jobs.

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Lindsy Emery Platinum Quality Author Platinum Author | 228 Articles Joined: December 4, 2006 Australia Real Estate Development Explained Easily

Many people familiar with the real estate market and industry are very familiar with the term “real estate developer,” and perhaps can even name a few famous ones, from Donald Trump to Alfred Taubman. It would seem that the term itself is very self-explanatory, as real estate developer simply develops or improves real estate.

In reality, the entire concept of realtor development is of course much more complicated than that. Unlike someone that purchase a home to fix it up and resell it, a large-scale or high-end real estate developer often deals in millions or even billions of dollars in investment.

It’s true that a developer may be an individual, but more likely will be a partnership or Limited Liability Company, or even a corporation.

There are two major categories of real estate development activity: land development and building development (also known as project development).

Land developers usually purchase land that is unimproved, meaning that it has yet to have utility connections, roads, any type of grading, and so on. Unimproved means just that, in every case.

Developers then step in and define the “covenants,” which are the context of any future builds and improvements on the land. They also gain “entitlements,” which are legal permissions or permits in order to go ahead with their development plans. Once these covenants and entitlements are in place, the land development can then begin, with earth grading and other land leveling, utility connections, and zoning. Roads are also planned, built, and paved, whether for large cities or just neighborhoods.

Once the land is properly developed, building developers may then step in.

These building developers then have buildings, whether offices, retail, or private homes, planned and built on the land.

Building developers and land developers obviously need to work very closely, as the building developers plans will need to be accommodated by the land developers. For example, the utilities brought in for office buildings are obviously different than those for private homes, as are roads, and everything else.

Some building developers also purchase existing buildings or properties for the purpose of upgrading, remodeling, razing and rebuilding, or otherwise improving whether for sale, or to keep as assets to produce cash flow via rents and other means.

Why develop real estate?

When you really think about it, you realize the great amount of work and obvious risk that is involved in real estate development. Additionally, homes or estates cost a lot of money to purchase and develop (sometimes called “hard costs”), and can sometimes be difficult to sell. Because of these high expenses and difficult sales, and because the return on investment often takes some time, this explains the risk in ownership and development.

So then why choose this as an occupation? One thing to remember is that most real estate development projects are financed with debt leverage, that is, with borrowed funds the proceeds of which are assumed to earn a greater rate of return than the cost of interest.

By using debt leverage rather than personal investment, this cuts the risk tremendously.

How do you actually get wealthy?

And of course for most, the real question is how one actually gets wealthy from home developments if the work is so hard and the risk is so high.

The answer is of course complicated, and certainly there is nothing guaranteed. Many developers have lost as much as they have gained, and the market fluctuates greatly. However, it seems that those who are smart about their investments and developments are the ones that are successful. After all, the entire point of real estate development is much like stock trading – you want to sell the product for more than you paid for it.

Having a true understanding of what makes real estate valuable is key. Make a good decision as to location, upgrades, and the like, and you’re sure to make money. Make bad decisions, and you’ll lose money.

To actually get wealthly then, it pays to do your homework as they say. Purchasing land or buildings on the low end is good, but just because something is affordable doesn’t mean it’s going to turn a profit once it’s developed. There may be a reason why certain areas are undeveloped or certain buildings are up for sale.

Quite often, when people begin to invest in commercial real estate, they begin small. They may acquire a single family dwelling, a duplex or maybe even a small apartment building. In order to keep continue the commercial investment game; you have to keep moving property. In fact, if you do not grow, you will eventually find that your bank can no longer help you because you have maxed out your investment portfolio. Taking too long to develop can be a death sentence in the game.

Additionally, staying on top of trends in the real estate market is also crucial. Population shifts can greatly affect the outcome of a development project. When the populace is moving out, it makes no sense to develop new property or refurbish old ones – who will buy the property is everyone is moving away? And, who will buy your developed land if all builders are unable to sell their current properties and are looking at other areas? Sun Tzu, author of “The Art of War,” said, “By taking into account the unfavorable factors, he [the soldier] may avoid possible disasters.” This point can obviously apply to real estate development and eventual sales. Being wise about potential problems with any one area or development deal can help avert monetary disaster.

To actually get wealthy from real estate development, it takes some skill and effort to stay ahead of the game, and the ability to organize all the steps needed, as well as to delay profits. However, with a bit of work and study, it can pay off. Development has long proven to be one of the most profitable areas of business that’s around – if you have the patience to play the game right.

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Real Estate Development – Two Essential Keys to Building a Successful Property Development Business!

When it comes to real estate investing very few investors actually look at building their property portfolios as a real business. They need a shift in their way of thinking and to approach real estate investing more like an entrepreneur.

In our opinion two of the essential keys to running a successful Real Estate Development business are using great systems and forming great long term relationships.

Entrepreneurs use proven systems and leverage off others to run their business effectively and they view their business as separate from them. They realize that they are not their business and see their business as the end product. A property developer who understands that, has a real opportunity to become very successful.

When you realise that real estate development is a business and that your business is your product, you can then start to work on building your business. To build a successful real estate development business you will need to change the way you think and your approach to real estate investing.

We believe that the ultimate real estate developer is what we call a ‘Real Estate Development (RED) armchair entrepreneur’. You see, the traditional property developer still thinks that real estate development is a job. They believe that time equals work and work equals money, whereas a RED armchair entreprenuer believes that time equals equity and equity equals freedom. In other words if RED armchair entreprenuers spends the time to build equity it will allow them to get free of the business and if they want more freedom they build more equity.

Traditional real estate developers still believe that they need to do the work and be part of the system whereas RED armchair entreprenuers believe that they should build great relationships and have others do the work. This enables RED armchair entrepreneurs to build their businesses much faster.

When the business owner is also the hands on developer it will usually require much more hard work to make the business successful. It is much smarter for anyone considering entering into the industry to set up a business where the systems run the business, and let others run the systems. In other words the systems and other people work for you so you don’t have to.

Working on your business allows you to work on the things that really matter and that will give you the biggest return for your efforts. RED armchair entrepreneurs use systems to streamline tasks and avoid chaos so they can concentrate on growing their business efficiently.

When the systems are being run by others RED armchair entrepreneurs are able to focus their attention on innovation. They can capitalize moments of inspiration and through effective communication they’re able to turn their dreams into reality.

If you think about some of the great property developers, names like Donald Trump will typically come to mind however one of the biggest property developers was actually a school drop-out, Ray Kroc the founder of McDonalds. An entrepreneur with an incredible vision who worked on his business and not in his business.

You see Ray never considered that he was in the hamburger business but rather that he was in the business of real estate. Ray secured development sites in great locations, put fast food restaurants on them which he franchised. Ray Kroc died on January 14, 1984 and was worth an estimated $500 million.


As business owners and proud parents our most important asset is time and as much as we wanted to be actively involved in real estate development we knew we didn’t want to be traditional real estate developers who worked long hours trading their time for money.

Instead we looked at the big picture and applied the same entrepreneurial skills we had developed in our architectural practice to property development. Real estate development had to contribute to our ultimate goal of achieving financial freedom and giving back.

We knew that when we achieved our ultimate goal it would give us more choices so we could start to live our dream lifestyle according to our core values and with passion and purpose.

To be successful at real estate development you need to connect with what is most important to you. As soon as you start thinking more like a RED armchair entrepreneur and set your ultimate goal or the dream that drives everything you do the more real estate development will give you a sense of direction and purpose.

Your ultimate goal will make you want to jump out of bed in the morning and stay up late, it is your innermost driving force. It will allow you to live your life intentionally, rather than randomly and it will motivate you to achieve your full potential.

Setting your ultimate goal has nothing to do with real estate development. It is about how you want your life to be like.

It isn’t about material things, or about others. There is no right or wrong answer because it will be different for everyone. It is about your life so it is, in essence, what is true for you. Real estate development is only a vehicle that can be used to support your ultimate goal.

To set your ultimate goal, you should start off by asking yourself questions such as:

* What do I need in my life?

* What do I want in my life?

* How do I want to live my life today?

* How do I want to live my life in 2, 10 or 20 years from now?

* What has given me great joy so far in my life?

* If I had a magic wand and my life could be anything I wanted it to be, what would that life be like?

Knowing your ultimate goal gives you the ability to make conscious choices that are consistent with what is important to you, your core values. It will help you set your life’s purpose and put real estate development in its proper perspective.

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Real Estate Development – When is the Right Time to Get Started in Property Development?

The media is currently full of real estate ‘doom and gloom’ – real estate repossessions and arrears are up and real estate prices are down … its almost as if the ‘sky is about to fall’! This situation has seen many real estate developers, and property investors generally, leave the market – and for those thinking of starting out in real estate development, these are scary times indeed.

What seems like the worst time to get into real estate development can, in reality, be the best time. Successful real estate developers today realize that they can use time to their advantage – their real estate development projects will typically not be ready for sale or rent for 2 to 4 years from inception. So if they have bought well, they are less likely to be affected by the economic situation at the time of purchasing their real estate development site.

In fact, a weak market is a real estate developer’s paradise, because a weak market is a buyer’s market, and one of the first steps to any real estate development project is securing a viable real estate development site on the best possible terms.

Although we know that the real estate development business is cyclical, and many parts of the world are in a property downturn, we also know from history that knowledgeable real estate developers are successful in any market – falling, flat or rising.

We’re working towards what we believe the economic conditions will be in 12 to 36 months time. Indeed we ourselves are still active in the market – seeking Council permission for a number of real estate development projects. This gives us the opportunity to act quickly and build our approved real estate development projects when the market does become buoyant.

It is our opinion that the following market signals are some of the key factors that will lead to increased future opportunities, especially for real estate developers:

· The pent up demand for housing. In March 2008 leading Australian economics forecaster, BIS Shrapnel chief economist Dr Frank Gelber argued that housing prices across Australia will rise by 30% to 40% over the next five years because of the built-up shortages of housing.

· The current Federal Government has stated that they will work towards increasing Housing Affordability and have begun to announce incentives including Tax Credits of $6000 per year if the housing is rented at 20% below market rent.

· We believe that an increasing number of people, in the short to medium term, are likely to require the rental accommodation that we intend to build. This is due to either their financial stress (can’t afford to purchase a home) and/or demographic trends (including Gen-Ys who are less likely to buy Real Estate).

Even if our ‘crystal ball’ is incorrect, we know we have the resources to hold real estate development sites during possible further market fluctuations to come, and increasing rents are certainly helping with that!

Our belief is that this is a golden time to act – perhaps a once in a generation opportunity. Maybe it is not the time to sell completed real estate development projects at the moment, but it is certainly a great opportunity to secure the development site and obtain development planning approval. Now this strategy is not for everyone – you must have the necessary resources to hold the development site and especially the knowledge of real estate development to take advantage of these opportunities.

The best approach for anyone contemplating real estate development will depend on his or her own personal and financial circumstances, but the key message here is that you must do something!

There are many strategies that small real estate developers are currently using, if they don’t have the resources to complete a real estate development project right now, including to turn their real estate knowledge into cash by locating ideal property development sites, perhaps taking out an option on the site, and on-selling the ‘Development Permit Approval’ to someone who does have the resources.

Successful real estate developers know that times of opportunity like this only come along once in a while, and they’re taking action so they don’t miss the boat.

Regardless of your immediate financial situation, this is the perfect time to leverage your real estate development knowledge into current or future income. If you have any doubts about your ability to do this, or you would like an experienced real estate development mentor to guide you, act now to get the knowledge and mentoring that you need. There is no time to waste!

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