Proposed sinkhole insurance rates likely will force people to drop coverage

Posted at 9:45 PM by Abi Za
By Janet Zink, Times/Herald Tallahassee Bureau
TALLAHASSEE — The state-run property insurer took a step toward imposing massive rate hikes for sinkhole insurance Tuesday, tentatively approving new premiums that would force many policy holders to either pay thousands of dollars more next year or drop coverage altogether.
The rate hikes — more than 2,000 percent in parts of Tampa Bay and an average of 429 percent statewide — will be considered by the full Citizens Property Insurance board today before heading to the Florida Office of Insurance Regulation for final approval.

Liberty Property sees signs of increased CRE demand

Posted at 9:00 PM by Abi Za
Liberty Property Trustbiz. Watch Liberty Property Trust Latest from The Business Journals Liberty sells four suburban office buildings for millionInvestor pays .8M for Milwaukee officeSanMar wants giant MN warehouse Follow this company (NYSE:LRY) reported second-quarter numbers that showed funds from operations were flat but income per diluted share more than doubled. The company said that it is starting to see signs of increased demand in the markets where it owns properties and has continued to buy and sell noncore properties that don’t fit with a strategy of bulking up on high-end warehouse and distribution space.

After Quake, Japanese Choose Peace of Mind Over Great View

Posted at 4:23 AM by Abi Za
From top left: Shinjuku, Tokyo Tower, Rainbow ...Image via WikipediaTOKYO — From their spacious 24th-floor apartment here, Masako Tsubuku and her husband had a breathtaking view of Mount Fuji.

How to Find a Good Real Estate Investment Property

Posted at 7:03 AM by Abi Za
There are many ways in which you can find a great property for your real estate investment. The problem lies in the fact that many would be investors aren't exactly certain what specific types of investment they wish to make. Unfortunately, the type of investing will greatly affect the type of property that will best suit your real estate needs. This article focuses on finding a great property for the purpose of flipping or rehabbing a property.