USA TodayAlaska delegation on stimulus Alaska Democratic Sen. Mark Begich voted for it, saying “this bill will keep thousands of Alaskans employed and provide millions of dollars for investment Video: Obama: Stimulus Passage Is a 'Major Milestone' Congress, White House agree on $790B stimulus bill Stimulus vote puts Young on offensive
New York TimesCruise Issue | The Green Traveler Cruise Lines Urged to Shrink What’s more, a recent EPA report assessing cruise ship discharges in Alaska (where standards are the most stringent), revealed that 60 percent of the ships
BBC NewsVirgin America Should Be Considered “American” for Now Alaska Airlines is trying to argue that circumstances have changed and a public inquiry is necessary. In Alaska’s complaint (read the petition submitted to Video: Fly The Wi-Fi Skies Rival urges scrutiny of Virgin America The eskimo isn't smiling at Virgin America
The announcement was the biggest among a slew of investment pullbacks in the state in recent months that could hit Alaska's tax revenues and future energy
Assembly briefs city budget deficit by Jason Moore ANCHORAGE, Alaska -- The Anchorage Assembly had its first in-depth briefing on the city's $17 million budget deficit Friday, and some are not
Alaska delegation on stimulus - Anchorage Daily News
14.02.09
Update, Friday night 7:45 p.m.: The Senate just approved the stimulus package. The vote: 60-38.
From Sean Cockerham in Anchorage --
The federal stimulus bill is close to going to President Obama's desk to be signed into law. It won approval in the House today and is on the verge of passing the Senate , awaiting the return of an Ohio senator who had left after the death of his mother.
Alaska Republican Don Young was gnashing his teeth after the stimulus bill passed the House, saying “I think it’s an unfortunate day for America. This is probably the most selfish vote for individual gratification I have ever witnessed in 35 years.”
Alaska Republican Lisa Murkowski gave a floor speech in the Senate arguing it's too much new spending and “made no effort to increase domestic production of traditional resources such as oil and natural gas.”
The land of snow and ice has a lot to offer business owners who are looking to expand their business in the Alaska region. Whether you are looking to fund a commercial fishing expedition, or start up a business in the Alaska area, there are a lot of opportunities that are available. Lenders and bankers in Alaska work with business owners to help them get the funding they need for their commercial loans.
Depending on the kind and amount of commercial loan being applied for, lenders have different ways to calculate and determine the commercial lending rates and terms upon approving the loan. There are certain things that are always taken into consideration when approving a commercial loan that consist of the market value of the property if it is a real estate commercial loan, the financial information of the business which includes a full cash flow analysis, proposed business plan and other financial information that they need to gather to determine if the business qualifies for the loan. Loan to value is another tool that lenders and bankers use to determine if the property being purchased is equivalent to the amount of the loan that is being requested.
If you are thinking about purchasing an investment property, you should be aware that they are handled a little bit differently. Loans that are given on investment property are usually based on an individual loan basis, and each commercial lender has different criteria that are required to obtain an investment property loan. Loans that are given for the purpose of buying a rental property or apartment building are one type of loan and you can usually have longer terms on a loan of that size depending on how your business measures up and if you qualify for the amount of loan that is requested. In Alaska, there are a lot of different types of investment properties and business adventures that are available to choose from.
Because investment property loans typically have a lot more money tied up in them, there may be stricter or more stringent guidelines that commercial lenders and bankers will need to follow to make sure that the business is stable enough and has enough credit established to be able to afford the loan payments and not default on the loan. Over the past few years there have been a lot of loans that have gone bad and forced the owners to turn over the property to the bank as a foreclosure. When you are applying for a loan of a large sum of money you should first be sure that your business has enough credit established. In some cases, the individuals that are associated with the business may need to be on the loan and therefore it is important that the credit history of the individuals is also taken into consideration.
What should be considered in buying investment property in Alaska?
May 19, 2007 by Willar | Posted in Renting & Real Estate
We are considering buying land in Alaska for investment or building in summer house in the future. What factors should we consider in buying this property?
I would assume they would be pretty much the same as anywhere you buy an investment property. Location, Location, Location!
1. Renter to Owner Ratio
Basically, you want to find a neighborhood that has more owners than renters.
2. Types of Businesses
Places like Target, Walgreens, Home Depot and other large National Conglomerates. You can rest assured that these companies spent lots of money on market research determining that their neighborhood was owner occupied rather than renter occupied.
3. Places with HOAs
Home Owner Associations are designed to keep the property values of their neighborhoods up by having specific rules regard the color you can paint your house, the amount of cars you can park on your driveway, etc. They are quite effective.
Now to plug in all of the numbers:
RENTAL INCOME
MORTGAGE INTEREST
TAXES
VACANCY COST
TENANT TURNOVER COST
INSURANCE COST
MAINTENANCE COSTS
**Property Type
**Property Size
**Property Location
**Your personal management style
UTILITY COSTS
PROPERTY MANAGEMENT COSTS-If you were to hire someone to maintain it
Good luck to you!
Kim F | May 19, 2007
Why would anyone in Alaska think they could secede without the approval of the U.S.A.?
Sep 06, 2008 by Dante it is... | Posted in Politics
...the tax money of every citizen of the U.S.paid for Alska.The ingenuity of Americans helped build it-the investment in Alaska belongs to our nation and not a select elite group of people stuck on the greed of oil,true or false?
...hey Quinn>answer the question.If you can't then don't try abuse with me.I'll twist ur brain back if that is the way you need...trust me...
...ooooh-ndgbill I get it-ur parents left stateside and took advantage of our purchase of Alaska for ur own benefit.Now you want it all-ain't gonna happen.I don't care if you work for Exxon.Ain't gonna happen....
Because of the Constitution and states rights. That IS really what the civil war was about, you know.
DAR | Sep 06, 2008
The dems and reps are in power have the control should they bear the responsiblity for their mismanagement?
Jun 15, 2006 by Super Man | Posted in Government
For people who are making fun of those who claim everything is about oil. There's also this little fact:
The Alaska state constitution claims common heritage rights of ownership of oil and other minerals for the people of the state as a whole. Citizen dividend checks are distributed every year in Alaska out of the interest payments to an oil royalties deposit account called the Alaska Permanent Fund (APF) created in 1976 after oil was discovered on the North Slope. The APF is a public trust fund - a diversified stock, bond and real estate portfolio - into which are deposited the oil royalties received from the corporations which extract the oil from the lands of Alaska. The first citizen dividend check from the interest of the APF was issued in 1982 and was for $1000 per every person for everyone in Alaska who had resided in the state for at least one year. Annual citizen dividends have been issued every year since then, for a total of more than $23,000 per person.
In 2003, each of the nearly 600,000 Alaska US citizens (residents of Alaska for at least one year) received a check for $1,107 from the APF. The total amount dispersed was $663.2 million. The $25 billion investment fund's core experienced stock market losses which led to the dividend's decline this past year compared to the several previous years. The amount was $433 less, a 28 percent drop from the 2002 pay out of $1,540, and a 44 percent decrease from the all-time high of $1,964 in year 2000. The amount changes based on a five-year average of APF investment income derived from the bonds, stock dividends, real estate and other investments.
Alaska relies on oil for about 80 percent of its revenue and has no sales or income tax. Alaska state government is mandated to invest 25% of its oil revenue into the APF while the other 75% of oil royalty revenue is dispersed to other government funds to finance education, infrastructure and social services. If 100% of Alaska's oil royalties had been deposited into the APF, it is conceivable that the CD this year could have been about $4,400 or $17,600 for a family of four. But then there would have been no funds for roads, education and other public services and no funds available to run the state legislature - a libertarian dream fulfillment or a social and economic disaster, which one we will never know. If state services were to have been maintained while 100% of oil royalties were deposited in the APF, there would of course have been the need for income, sales and other taxes on wages and production.
Source(s):
http://www.earthrights.net/docs/oilrent....
Oil is just 1 of thousands of commodities, with all the thousands of commidities in your state why aren't you getting paid?
With feds resources why can't feds pay 50 times better than Alaska?
Kuwait pays this way $58,000 y no rent, utilities, phone, hospital bills
Dubia pays this way
Norway I've heard has a similar system
I hear Nigeria is working on doing this
HOW FAR WILL YOU, YOUR KIDS, AND GRANDCHILDREN GET LEFT BEHIND IN THE VERY NEAR FUTURE IF THE US DOES START A SYSTEM OF THIS KIND FOR THE US PEOPLE?
ARE WE TO BE PAUPER THIRD CLASS WORLD CITIZENS WHEN YOUR GRANDCHILDREN START TO WORK?
DO WE SLIDE FROM THE RICHEST NATION TO THE POOREST IN YOUR LIFETIME BECAUSE YOU LACK THE COURAGE, NERVE, OR BACKBONE TO TAKE ACTION NOW WHEN IT'S NEEDED?
VOTE! VOTE FOR ANYONE BUT DEMS OR REPS!
THEY ARE IN POWER AND HAVE THE CONTROL THEY MUST BEAR ALL THE RESPONSIBILITY FOR THEIR MISMANAGEMENT!
we need a new party one that is not a farce like the current ones.a party that actually stands a chance and is not looked upon as a joke vote.unfortunately those with money have all the control so the regular people get screwed.bend over people another election is coming
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The Alaska Municipal League Investment Pool (AMLIP) is a non-profit corporation ... Investment Advisor. MaryLou Pratt. Alaska Permanent Capital Management. 900 ...
USA TodayAlaska delegation on stimulus Alaska Democratic Sen. Mark Begich voted for it, saying “this bill will keep thousands of Alaskans employed and provide millions of dollars for investment Video: Obama: Stimulus Passage Is a 'Major Milestone' Congress, White House agree on $790B stimulus bill Stimulus vote puts Young on offensive
New York TimesCruise Issue | The Green Traveler Cruise Lines Urged to Shrink What’s more, a recent EPA report assessing cruise ship discharges in Alaska (where standards are the most stringent), revealed that 60 percent of the ships
BBC NewsVirgin America Should Be Considered “American” for Now Alaska Airlines is trying to argue that circumstances have changed and a public inquiry is necessary. In Alaska’s complaint (read the petition submitted to Video: Fly The Wi-Fi Skies Rival urges scrutiny of Virgin America The eskimo isn't smiling at Virgin America
