You must weigh up these three things before selecting the right investment property

first_imgThere are many important things you need to weigh up before selecting an investment property.I WAS discussing rental yields with an investor this week.They were looking for a new investment property and wanting some advice about what they should buy.This investor was looking for an investment with a reasonable return with a five year plus view on holding the property.It surprised me that they were only looking at the weekly rent and eventual capital growth as the yard stick of “good investment versus bad investment’’.I explained that there were other factors that played a significant role and could be more important than the weekly income.Immediately we covered the top three other things to consider.FORTUNE favours the brave when it comes to auctionsMore from newsMould, age, not enough to stop 17 bidders fighting for this home2 hours agoBuyers ‘crazy’ not to take govt freebies, says 28-yr-old investor2 hours agoThe first of course is vacancy. If you can’t rent your property or it takes a long time to rent, then your annual rental is drastically minimised. When assessing a property it is crucial you consider your competition in the market. Why would a tenant chose your property over the competition. The quality of photos and position on line become paramount to capture the attention of the available tenant.The second was the costs. Maintenance or levies (rates or body corporate fees). There are many units in the inner city that appear to have awesome returns when you stack up a low purchase price against the high weekly rent. But if their body corporate fees are higher, and some are, it wipes out all the upside.WHAT happens if you want to break your lease?Similarly high maintenance costs or expenses can wipe out a large portion of the annual rent. This is acceptable if it adds capital value, but sometimes these costs just return the property to the appropriate standard.Finally your borrowing costs can hurt your bottom line. Things like avoiding mortgage insurance where possible, or other fees and ensuring your interest rate is as low as possible. Most savvy investors will address their loans every two years. In the current market the lenders are offering extraordinary deals to get your business, this is where the use of a broker plays a key role, not only at the start, but during the life of your loan.So when buying an investment do that small due diligence. Work out the net return. Ask your adviser to give you all the costs, get your builder to forecast the potential maintenance costs and find a broker that you can work with over the coming years.last_img read more

EIOPA to prioritise IORP II ‘supervisory convergence’

first_imgEurope’s top pension fund regulator will scrutinise how countries and national supervisors have implemented the IORP II directive this year.The European Insurance and Occupational Pensions Authority (EIOPA) has already been working on “supervisory convergence” in the European insurance sector, but with the revised EU pension fund directive having entered into force earlier this year the Frankfurt-based regulator has indicated a new priority area for this year would be “the promotion of supervisory convergence in the European pensions sector regarding the implementation of IORP II”.The deadline for incorporating the IORP II directive into national law was 13 January 2019, although several EU member states have yet to take all the necessary steps.The European Commission has launched infringement proceedings against a number of member states for “non-communication” of transposition measures. A spokesperson for EIOPA told IPE that it would support national supervisors by providing guidance about the implementation of IORP II, given the changes and new requirements it introduced.She said this would include joint work in EIOPA project groups and the publication of “opinions” during the second half of the year on topics such as environmental, social and corporate governance (ESG) risks, and governance and operational risks.IORP II introduced new governance and communications requirements, and a requirement for an “own-risk assessment”.  There were also a series of references to ESG factors in governance, risk management and investment contexts. EIOPA recently published the results of a peer review it carried out last year of supervisory practices in different EU countries relating to the application of the prudent person rule for occupational pension schemes.It indicated that there should be more qualitative elements in investment supervision, and said it would “in a market-wide communication clearly define the elements” this entailed.In the past six months the EU pensions regulator has published two reports relating to the implementation of the IORP II legislation, identified as providing guidance and principles relating to the pension benefit statement and “other information to be provided to prospective and current members”.last_img read more

Two tropical systems moving towards the Caribbean

first_img 5 Views   no discussions Share NewsRegional Two tropical systems moving towards the Caribbean by: – September 19, 2011 Share Sharing is caring!center_img Tweet Share Atlantic tropical cyclone activity. NHC/NOAA graphicMIAMI, USA – The National Hurricane Center in Miami is currently tracking two tropical systems in the Atlantic that are making their way westwards towards the Caribbean.The first, a broad area of low pressure located over the central tropical Atlantic about midway between the Lesser Antilles and the west coast of Africa, changed little in organization during Sunday. Environmental conditions appear favourable for gradual development of this disturbance over the next few days as it moves slowly westward. This system has a low chance — 20 percent — of becoming a tropical cyclone during the next 48 hours.Shower and thunderstorm activity has not become any better organized in association with the second system, a weak area of low pressure located about 1,200 miles east of the northern Leeward Islands. Any development of this system is expected to be slow to occur due to unfavourable upper-level winds. This system has a low chance — 10 percent — of becoming a tropical cyclone during the next 48 hours as it moves westward at 10 to 15 mph.By Caribbean News Now contributorlast_img read more

Nankivil dominates Panthers’ big man

first_imgHeading into Wednesday night’s men’s basketball intrastate affair with UW-Milwaukee, there was one particular player the Wisconsin defense put in its crosshairs.Forward Anthony Hill, who led the Panthers with 14.9 points and 6.18 rebounds per game prior to yesterday night’s matchup, needed to have a quiet day for the Badgers to win comfortably.The damage done by UW-M’s big man: 0-8 shooting from the field, 3-6 from the line and five rebounds. Hardly any damage at all.Hill had his hands full all night as he was marked by Wisconsin’s senior forward Keaton Nankivil, who never allowed Hill to relax, harassing him down low and forcing two turnovers from Hill in the process.Coming off of a lackluster game against South Dakota on Saturday in which Nankivil played just seven minutes – enough time for only one stat point, that of a rebound – Nankivil’s defensive effort fueled the Badgers to their 61-40 win against the Panthers.Nankivil finished one rebound shy of his first career double-double, contributing 10 points in the process as well as three blocks – two of which on the same play – and two steals.Afterward, Wisconsin head coach Bo Ryan had to dig pretty deep in order to find something to criticize the Madison native for.“Well the boards and also on the job he did on Hill and on his help, his shooting… his one sock wasn’t quite as high as the other, he was unbalanced when he got dressed,” joked Ryan. “Other than that he had a pretty good night.”The Panther offense relies on a solid inside performance from Hill, a physical 6-foot-7, 230-pound senior. He received the ball plenty of times down low at the game’s beginning but found limited opportunities to put any points on the board with the 6-foot-8, 240-pound Nankivil standing in his way.Nankivil’s early success in the paint deflated Hill quickly and was never able to have an impact on the game. He didn’t score until about 11:30 left in the second half and began to show signs of frustration after nothing would go in the paint.“Well [Hill] got touches,” UW-M head coach Rob Jeter said. “I think some of their earlier post touches were some of the ones that were our best opportunities to maybe get to the free throw line. Then as we got into the middle part of the game, I think he got a little discouraged, started taking some shots that weren’t as strong.”“Keaton Nankivil did a nice job of staying between him and the basket.”On the offensive side, Nankivil made the Panthers grimace whenever they applied more pressure on forward Jon Leuer or point guard Jordan Taylor.Nankivil capitalized on several wide-open mid-range jumpers after sneaking into an open lane to be fed the ball for an open look. The senior shot 5-6 on the night – his only miffed attempt coming from beyond the arc.“A lot of my offense is based on finding what’s open when Jordan and Jon attract so much attention,” Nankivil said. “I feel like a lot of my baskets tonight were a couple guards go to double on Jon or they create something and I would just try to find an open seam where I [could] just catch and shoot and make an easy shot.”For a team that doesn’t necessarily strive to put flashy numbers on the scoreboard, Nankivil’s performance on defense provided a nice boost for the Wisconsin offense.After starting the game with an unsatisfactory shooting performance, the Badgers managed to finish the contest with 46 percent of their shots going down.“For me, and as a team, it’s just such a confidence builder to know that you’re doing something right on one end, keep the energy up and go do it on the other end,” Nankivil said. “I think for us, as such a defensive-minded team, it definitely works that way.”last_img read more

USC announces 3.5% tuition hike

first_img“We want to emphasize … that the University will continue to ensure to support financially insecure students,” Stone said. “Whether that’s making sure that any increase in resources is also equally distributed to things like the food pantry, to the Trojan Shelter, to the community house, to the financial aid office, things like that.”  The University will hold an open forum Tuesday to address tuition increases and student well-being, according to an email Interim President Wanda Austin sent to the USC community March 6. The forum will be held from 4 to 5:30 p.m. in the Ronald Tutor Campus Center on the University Park Campus and Aresty Auditorium on the Health Sciences Campus simultaneously via livestream. Stone said he believes it is up to the current and incoming administration to ensure the value of USC’s tuition is maintained and that tuition hikes are justified. Sam Lopez, the assistant vice president of University Advancement Communications at USC, said the University expects a decline in donations this year due to recent events.  Undergraduate Student Government president-elect Trenton Stone, a sophomore majoring in philosophy, said he hopes resources for financially insecure students are maintained as USC’s tuition increases.  In addition to its involvement in the college admissions scandal, USC is currently being sued by 652 plaintiffs regarding former campus gynecologist George Tyndall, who is also being sued for alleged sexual misconduct. In October, the University announced a multi-tier $215 million class action settlement that will get dispersed to Tyndall’s former patients and victims of his abuse.  “There is no issue in USC’s financial soundness, period,” Caruso said.  “Is the cost of a tuition an issue that needs to be solved? Yes, it does,” Caruso said. “And that is a national issue. It is a USC issue and a national issue.”  “The value of a USC degree keeps getting stronger,” Provost Michael Quick said. “By keeping tuition increases low and boosting financial assistance, we are providing a world-class education to a diverse and talented student body who will go on to be the next generation of leaders.”  Two out of three USC students receive some form of financial aid, according to the news release. Since 2008, USC financial aid has increased by 79 percent. USC is the ninth most expensive school in the country for the 2018-19 school year, according to the U.S. News and World Report. The Board of Trustees approved the change, according to the news release. Board of Trustees Chairman Rick Caruso said the tuition increase reflects rising University costs.  The tuition hike is the same as last year’s, which the University said was the lowest since the 1969-70 school year. But, according to previous Daily Trojan reporting, the increase is the lowest since the 2011-12 school year, when tuition increased by 2.11 percent. The average annual tuition increase for private, not-for-profit four-year institutions over the last decade was 2.4 percent, according to the College Board Annual Survey of Colleges.   “If those promises aren’t fulfilled … if the new leadership that comes in doesn’t listen to student voices and continues to allow scandals to happen … then that value will decrease,” Stone said.  The announcement comes less than a week after the FBI released its investigation regarding the largest alleged college admissions bribery scheme in history, of which USC was at the forefront.  “It is important to emphasize that gifts will not be used to pay legal settlements,” Lopez said. “Gifts to USC always have been, and will continue to be, used solely for their intended purpose as stated in the gift agreements or in the designated fund’s guidelines.”  Tuition for undergraduate students at USC will increase to $57,256 for the 2019-20 academic year, the University announced in a press release Monday. That’s an increase of 3.5 percent from this academic year’s tuition of $55,320.  Mia Speier contributed to this report.last_img read more

LA Rams suffer HUGE 21-44 defeat to Dallas Cowboys as Jason Garrett’s side dominate field

first_imgLast Updated: 16th December, 2019 12:28 IST LA Rams Suffer HUGE 21-44 Defeat To Dallas Cowboys As Jason Garrett’s Side Dominate Field If the LA Rams hoped to build on the victory over the Seahawks in Week 14, the Dallas Cowboys dashed those hopes as Jason Garrett’s side registered a 44-21 win LIVE TV Colin DCunha SUBSCRIBE TO US WATCH US LIVE The LA Rams headed into the Week 15 game against the Dallas Cowboys on the back of a 28-12 win over the Seattle Seahawks. The Dallas Cowboys, on the other hand, headed into the game after a 24-31 defeat against the Chicago Bears. However, NFL fans pining for the Rams to build on that victory were left utterly disappointed as the LA Rams succumbed to a 21-44 defeat against the Dallas Cowboys.Also Read | Dallas Cowboys Trolled Hilariously After Mitch Trubisky Leads Chicago Bears To 31-24 WinNFL: Rams vs Cowboys highlights The Dallas Cowboys have blown hot and cold in the NFL this season. A three-game winning streak was followed by a three-game losing streak early in the season. Such has been their erratic form that the Cowboys have failed to register consecutive wins in the NFL this season. Against the LA Rams, however, the Cowboys showed signs of being back to their best. A 44-21 scoreline does justice to the Cowboys’ performance at the AT&T Stadium on Sunday night. Cowboys’ Pro Bowl running back Ezekiel Elliott ran the show as he ran for two touchdowns against the LA Rams. Elliot finished with 117 yards on the ground. His counterpart Todd Gurley II, on the other hand, managed just 20. Such was the home team’s dominance during the Rams vs Cowboys game. Veteran linebacker Sean Lee also enjoyed a fruitful outing against the LA Rams as led the Cowboys defence to a strong showing. Also Read | Odell Beckham Jr Linked To Dallas Cowboys After Growing Discontent At Cleveland: Report Written By COMMENT “We saw a lot of pride out there tonight and hopefully we’ll see that as we go forward.”Watch as Jerry Jones reacts to the #DallasCowboys home win. #LARvsDAL— Dallas Cowboys (@dallascowboys) December 16, 2019 Also Read | NFL Week 15 Predictions: Patriots, Cowboys Struggle To Continue?Before the game against the Dallas Cowboys, the LA Rams had a 50% chance of securing a playoffs berth. That 50%, however, has now dwindled down to 10% after the defeat against the Cowboys. Few would have backed the Dallas Cowboys on such form to emerge winners against a team with a winning record in the NFL. With NFC East rivals Philadelphia Eagles registering a victory over the Washington Redskins, nothing but a win would do for the Dallas Cowboys. But, Jason Garrett’s side turned up when the chips were down, that much is for sure. Also Read | Dallas Cowboys Part Ways With Kicker Brett Maher, Sign Kai Forbath As Replacement First Published: 16th December, 2019 12:28 IST FOLLOW USlast_img read more

Tripp rebirths ‘BetEasy’ for CrownBet and William Hill Australia merger

first_img Submit BlueRibbon signs strategic partnership with The Stars Group August 18, 2020 Matthew TrippThe merger of CrownBet and William Hill Australia, formed under the majority ownership of Toronto TSX-listed The Stars Group Inc has led to the upcoming relaunch of ‘BetEasy’.Under the leadership of Australian industry veteran Matt Tripp, BetEasy will seek to become the leading player in the much-changed Australian online betting sector.Tripp had previously operated legacy online betting brand ‘Betezy’, a troubled company he acquired in 2014 following the multi-million sale of his enterprise stake in SportsBet Australia to Paddy Power.In 2014, Tripp would rename ‘Betezy’ to ‘BetEasy’, an online bookmaker which would soon be backed by leisure tycoon James Packer as majority shareholder relaunching the asset as ‘CrownBet’, developing Crown Resorts’ digital subsidiary.Both the assets of CrownBet and William Hill Australia are required a rebrand under the new ownership of The Stars Group.Moving forward BetEasy will become the lead brand for The Stars Group Australian market presence, merging the accounts of CrownBet and William Hill Australia.The formation has seen BetEasy launch a brand awareness campaign, featuring former Australian cricket captain Ricky Ponting, informing punters of the market’s upcoming behemoth. Tabcorp expects $1bn hit as ‘COVID and retail contractions’ take effect August 3, 2020 Related Articles StumbleUpon Share Share ‘Deal maker’ Rafi Ashkenazi ends Flutter tenure  August 27, 2020last_img read more

MLB trade rumors: White Sox may want to add controllable starter

first_img MLB trade rumors: Tigers listening to offers for Nicholas Castellanos, Matthew Boyd And that is exactly what it would take to get a controllable starter like a Carlos Carrasco who the Indians were shopping around this offseason.However, all that being said, Rosenthal also reports the team could simply stand pat and not do anything at the deadline at all, meaning they won’t look into dealing Jose Abreu who is a free agent after this year or even closer Alex Colome who the team acquired in a trade this offseason from the Mariners.So there are a lot of ifs in this scenario, but the White Sox have indeed made progress this year and look to finally be getting what they need out of their young players. The White Sox might not be sellers at the trade deadline this year at all.According to MLB insider Ken Rosenthal, Chicago might be willing to go out and add a starting pitcher at the trade deadline. MLB trade rumors: Yankees send Brad Miller to Phillies for cash considerationscenter_img “Anthony Rendon might be even more valuable to the Nationals than Bryce Harper was… That said, a trade of Rendon is possible.”What are some early trade talks happening around baseball? @Ken_Rosenthal breaks them down:— FOX Sports: MLB (@MLBONFOX) June 15, 2019Now, the key part of this report is the White Sox are looking to add a controllable starter. That means they aren’t looking for a rental like Madison Bumgarner or maybe even a Marcus Stroman who has one year of arbitration left after this.Because they are looking for someone they can keep for a few years, that could mean some of their top prospects could be available and the White Sox have some very good prospects in Dylan Cease, Luis Robert and Nick Madrigal. Related News Tim Anderson is looking like an All-Star, Lucas Giolito a Cy Young candidate and Yoan Moncada looks like the prospect the Red Sox said he was.The White Sox are 34-34 and 2 1/2 games back of the second wild-card spot in the American League.This team has pieces now and decisions come with that. We’ll see what decisions the White Sox make in July.last_img read more

Holder Aubameyang, Mahrez vie for African crown

first_imgMane, also 24, has been on glittering form since joining Liverpool for a fee that made him the most expensive African in football history.Five-player shortlist:Pierre-Emerick Aubameyang (GAB/Dortmund/GER)Riyad Mahrez (ALG/Leicester/ENG)Sadio Mane (SEN/Liverpool/ENG)Mohamed Salah (EGY/AS Roma/ITA)Share on: WhatsApp Paris, France | AFP | Borussia Dortmund’s Gabonese goal king Pierre-Emerick Aubameyang remains in the running to defend his African Player of the Year crown after making the final shortlist of five players on Tuesday.But the 27-year-old faces competition from Leicester’s Algerians Riyad Mahrez and Islam Slimani, Senegal’s Sadio Mane of Liverpool and Egyptian striker Mohamed Salah who also made the final cut for the African Football Confederation’s annual award.The winner will be announced on January 5 in Abuja, Nigeria after votes by a panel of ten experts and 54 national team coaches.Aubameyang was voted German Bundesliga player of the year last season and would appear favourite to retain the African title he clinched after a four-year spell of Manchester City’s Yaya Toure winning.But the pin-point passing and astonishing focus of 25-year-old winger Mahrez impressed as he helped propel Leicester City to the English title last season. He scored 17 goals with 11 assists in that campaign.Slimani is coming off a very good season with Sporting Portugal earning a switch to Leicester.Salah has been brilliant for both Egypt and AS Roma after a difficult time at Chelsea but at 24 may not quite have peaked.last_img read more

Olympia Tumwater Foundation Announces $108,000 In Education Awards For 2012

first_imgFacebook22Tweet0Pin0The Olympia Tumwater Foundation (OTF) announces the award of $82,000 in scholarships to 20 local high school seniors.  Over its 45-year history, the OTF’s education program has awarded more than $1.2 million in scholarships to over 500 local students.In addition to traditional scholarships, the Foundation awarded $15,000 in transitional scholarship through South Puget Sound Community College, Saint Martin’s University and The Evergreen State College.  It also assisted early learning programs in area schools with over $11,000 in grants.Dick Seaman, M.D., Foundation scholarship chairman, said “we are pleased to positively impact these outstanding students and help them pursue their educational goals.”About The Olympia Tumwater FoundationThe Olympia Tumwater Foundation is a nonprofit organization that uses its facilities and lands to promote its passion for education.  The Foundation is a major source of scholarships in Thurston County and operates and maintains Tumwater Falls Park and the historic Schmidt House, making them available for public use and enjoyment.  For more information, click here.last_img read more