Invest in Hire Car Services When Visiting Jordan

Summary: Driving in a different country, like Jordan, can be daunting if you don’t know the laws or conditions of the roads. Consider car hire services if you are weary of driving yourself while on vacation.

If you are thinking about visiting Jordan and wanting to rent a car to get around, there are a few laws and common dangers you should know about before you get there. Make sure you are well aware of all driving laws and road conditions before you decide to drive in a new place, and remember that there are always alternatives.

Laws For Tourist Drivers

Any tourists who plan to drive while in Jordan must have a valid foreign license and an International Driving Permit. You should get this before you arrive. Visitors may only use their valid foreign licenses to rent cars with green license plates, to make them easier to differentiate.

Note that car seats for children are not required by law, so be careful if you bring your children along for the ride.

Accidents Can Be Costly

Certain tourist destinations in Amman get heavy traffic and have narrow roads. Drivers also need to be careful not to hit any livestock, whether in the urban or rural areas, as collisions between vehicles and livestock are common.

Driving accidents are frequent in Jordan and are the leading cause of injury and death.

Avoid Financial Liability

Thankfully, no one has to drive when they visit Jordan if they do not want to. Though public transportation is not recommended, taxis and other private car hire services are widely available all around. Make sure to arrange pick ups with your hotel and ask the driver not to take any more passengers on the route. If you are not comfortable driving in a new area, these are good alternatives.

Blog submitted by Monte Carlo Rent A Car, LLC: If you’re looking for services from a car hire in the Amman airport, visit Monte Carlo Rent A Car, LLC and they will get you to your destination!

Real Estate: An Opportunity to Profit or Fail?

Summary: Taking real estate property and flipping it into a gain can be a significantly difficult task. Fortunately, there are ways that you can do this without immediately going into bankruptcy.

The real estate market is a fantastic opportunity to bring in significant wealth. While it isn’t easy, due to a fair amount of competition, it can be worth it in the long run. Here are some tips that will guide you on the right track to successfully managing and investing in real estate.

Your Credit Report Plays a Major Role

You’re more than likely going to have to borrow a significant amount of money to purchase real estate. So, be sure to check your credit report before you begin investing in real estate. If you have problems on your report that are mistakes, get those resolved as quickly as you can. Any marks on your report are looked at by the lender and it may affect your chances of obtaining the loan. If you have problems that are legitimate, you may want to ease off on the investment for now and work on building your credit back up.

Simply put, banks aren’t going to lend you money for a property that isn’t your primary residence as easily as they will for your own home. This is why having a glimmering credit score is an important factor that’s often overlooked.

Implement the One Percent Rule

If you’re planning on buying property that will be for one or more tenants use the 1% rule which will decide whether or not the property is worth the asking price. Simply stated, the rule is that an income producing property must produce 1% of the price you pay for it every month. If you’re looking to buy a property for $300,000, then your monthly rental income should be the $300,000 multiplied by 1% which equals $3,000. This is a good rule of thumb for starters and it also assists in profit margins.


Bio: Omar Amanat is an American entrepreneur and a shareholder of the popular Twilight Saga.

A brief look at billionaire Len Blavatnik businesses

Written by Access Industries

Len Blavatnik is one of the richest people on earth, with a net worth of $16.7 Billion to his name. Blavatnik who is known as a self-made billionaire has investments in chemicals, real estate, and entertainment.

Blavatnik started his journey in Moscow and attended the University of Railway Engineering until his family immigrated to the US in 1978. He then went on to earn his master’s degree in Computer Science from Columbia University and an MBA from Harvard Business School. Here is a brief look at the billionaire’s businesses.

Access Industries – Founded in 1986, this privately owned company is involved in Russian investments, natural resources, chemicals and recently moved into Blavatnik media, telecommunications, technology, e-commerce, and real estate.

Tory Burch – Blavatnik’s company branched out into fashion by investing in the upscale fashion accessory brand: Tory Burch.

Warner Music – The billionaire worked his way into Hollywood by purchasing Warner Music Group for $3.3 billion. He also acquired Atlantic, Warner Bros. Records, Rhino, and Warner Music Nashville.

Access Entertainment – Blavatnik recently teamed with Hollywood talent manager Sarah Stennett to create a company that focuses on talent, brand development, representation of recording artists and songwriters.

Although Blavatnik is a billionaire, he is also known as a global philanthropist. The Blavatnik Family Foundation supports the Metropolitan Museum of Art, the National Gallery of Art, the Royal Academy of Arts, and Colel Chabad. Apart from these charities, Blavatnik family foundation is also known for the Blavanik awards that help key graduates in science and technology.

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Len Blavatnik needs no introduction. The Balavatnik billionaire is the man at the top of Access Industries and is a world-renowned philanthropist.

 

Moving Past Struggles: Investment Motivation from Great Names

investment-motivationInvesting, starting a business and growing that foundation is never easy, but the challenge is part of what motivates us. Occasionally, the world can seem like it’s falling apart all around us. For those moments, we invite you to share in this important wisdom about dealing with the struggles life throws our way.

“You have to welcome an investor into your story and make them believe.”

-Wes Selke

Before you can begin your journey, you need solid financial footing. That’s your first challenge, and rejection is common in those early days. Don’t take it to heart; instead focus on what you’re not showing to investors. What roadblocks are standing in the way of telling the complete story of your business? Figure out how to refine your elevator pitch with the intention to create an emotional connection.

“I Have Found 10,000 Ways Something Won’t Work. I Am Not Discouraged…”

-Thomas Edison

There’s a million ways to say it, but Edison’s is particularly eloquent. Failure is simply a part of success. This viewpoint helps you understand that failure is its own success, in a way. You’ve managed to definitively discover what does not work. Now the onus is on you to figure out what will.

“All You Can Do is Drill, and Promote the Story, Drill and Promote the Story”

-Dev Randhawa

In the energy market, events outside your control often affect the global supply or demand. The same is true for many industries, and you’re left with the work you do and the drive to do it. This advice from Dev Randhawa is to make sure you not only perform your due diligence, but you trust your findings. Honing a critical eye for market forces, learning what is and is not outside your control, will help steady your resolve and keep you focused.

Financial Alternatives to Keeping Your Home Upon Retirement

Holding on to a home because of emotional ties may not be the right decision for you.

retired-couple-beachHomeowners need to invest a significant amount of time and money to ensure that a home is kept in god condition. Now, this is vital for a variety of reasons – the most important being to retain or perhaps increase the value. As your home begins to age, it is likely that it will require more maintenance, which includes everything from roof fixtures, to pipe replacements. These costs could make owning and holding on to a property worth a second thought.

Downsize To a Condominium

One option that many homeowners go with is to downsize to a smaller house. This means that there will be less maintenance due to the smaller size. A condominium can essentially be an attractive option when you want to remain a homeowner, while at the same time limiting your maintenance responsibilities.

So, you can take care of your unit, but the condo association will be taking care of the rest of the repairs. This means that you’ll be paying less out of your pocket when it’s all said and done. It’s a cost effective and low risk investment that could suit your financial and personal needs better.

Renting

You can also go with renting a property as well. While many people may still have varying opinions on renting, because of the fact that it seems like you are throwing away your money rather than putting it back into the house, it also makes sense financially. However, one thing that you should keep in mind is that rent costs can typically go up, which is something that you have to deal with when living on someone else’s property.


Kuba Jewgieniew is the CEO of Realty ONE Group, a real estate brokerage firm with offices in three states and over 5,000 associates.

How to Begin Investing with REITs

reit-graphicREITs are a great way to invest – even for the beginner.

The world of real estate has been around for ages now. Now that that’s been said, it isn’t surprising that Wall Street has found its way to turn real estate into a publicly traded instrument. A real estate investment, or REIT, is created when a corporation uses the money of an investor, or investors, to purchase and maintain income properties. REITs are typically purchased and sold on the major exchange platform – just like other stocks. A corporation must also pay a majority of its profits (taxable) in the form of dividends to sustain its status as an REIT. Furthermore, REITs also avoid paying corporate income tax, opposite of a regular company where their profits will be taxed and then will have to decide, after taxes, if it will distribute its profits as dividends.

How You Can Make a Profit With REITs

This is where you as an investor comes in. When you buy in to an REIT, you will receive a share of the dividends that the company pays out periodically. Much like regular dividend-paying stocks, REITs are a solid option for investors that can pay a good amount. REITs also allow investors to buy into office buildings and other similar types of properties that are highly liquid. By buying into REITs, you won’t need a realtor to help you cash out the investment that you’ve made. This style of investing has found a home in the hearts of thousands of investors – and this number will only continue to grow.


Kuba Jewgieniew is the head of Realty ONE Group, a real estate brokerage firm that has been ranked as one of the fastest growing companies by INC. 5000.

Blavatnik Shows He Can Invest More than One Way

By Access Industries

accessIndustriesIf you pay any attention to the industrial world, you probably don’t need to be introduced to Leon Blavatnik. You’d probably kill to meet him in person, but it’s not like you need to be told about the billionaire and all he has accomplished before even reaching the age of 60. The man is not just a champion of industry, but charitable efforts as well.

However, there’s a lot more to this man’s story than most people give him credit for. There’s a reason Blavatnik and Harvard and Blavatnik and Cambridge are so often used in the same sentence.

For one, he went to both. Blavatnik didn’t inherit some family empire. Instead, he went out of his way to gain the education it would take to create the industrial empire he currently presides over.

He then went back and gave mightily to both. Millions have been donated from Blavatnik to make education more available to many who would otherwise not be able to afford any college, much less these amazing institutions.

Blavatnik knows an opportunity when he sees one, but his remarkable gaze isn’t stuck in just the world of software and industry. He has long invested in himself and others to get the unparalleled results he’s become known for.

While all kinds of things could be said about Access Industries, not enough can be said about its head, Len Blavatnik. Amongst other things, the billionaire is known for his Blavatnik Young Scientists Award and countless other philanthropic contributions.

 

 

 

 

 

What To Consider in Real Estate Investment

Written by Access Industries     

When considering any real estate investment opportunity, questions that should pop up right away would need to help you assess whether the opportunity that you are considering is really targeting your investment needs.

In order to determine this, you might first consider what would be your goals. Once you have identified your goals, you would be able to derive a concise and clear strategy regarding this development. For instance, questions that would arise would be whether a turn-key investment would be more sought after or whether a hands on property would be a better goal.

Another key factor that would determine your real estate investment would be the amount of capital that you have available for investment. This decision might also involve whether you would be collaborating with lenders and other financial options. The type of property would also be a determining factor. This would depend on whether the property that you would be investing in would be a single family home or a multi-family place. It might also be a commercial outlet that you might be thinking to rent out for some extra income. All these factors require careful consideration and you might even solicit the help of an advisor in order to ease the decision.

Access Industries is a private industrial group that benefits from long-term holdings on an international level. Founded by Len Blavatnik, Access Industries has set its feet into different sectors such as natural resources and chemicals, real estate as well as media and telecommunications. The company is also behind initiatives such as the Blavatnik Family Foundation  and the Blavatnik Awards.

A Quick Bio of Leonard Blavatnik

By Access Industries

Though you may have heard of Leonard Blavatnik, billionaire, you probably don’t know much about his history. That’s a shame, too, because it’s definitely an interesting one. Hopefully the following Leonard Blavatnik bio, albeit a short one, will help you better appreciate this man’s fascinating life.

Blavatnik was born in Odessa back in 1957. He applied to Moscow State University, but was not allowed on the basis of his Judaism. Instead, he attended Moscow State University of Railway Engineering until his family immigrated to the US in 1978. In the states, he attended Columbia which he graduated from with a masters in computer science and later an MBA from Harvard Business School.

Before he even received his Masters, Blavatnik had started Access Industries. Based out of New York, this international conglomerate now has long-standing holdings in both North and South America as well as Europe.

However, Blavatnik has become just as popular for his philanthropic efforts. His institution has contributed funds to Tate Modern, the British Museum, Royal Opera House and more. Since 2007, they have also partnered with the New York Academy of Sciences in the Blavatnik Awards for Young Scientists.

While there is much more to this fascinating man, the above should help you better understand him better.

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Access Industries has become a leader in numerous industries across the planet under the guidance of founder, Leonard Blavatnik. An entrepreneur as well as a philanthropist, Mr. Blavatnik may be even better known that his company thanks to the many contributions he has made to lives of people all over the world.

Facebook Co-Founder Renounces U.S. Citizenship, In Advance of Facebook IPO

This article was submitted by iClimber

Right before Facebook’s initial public offering this month, the company’s co-founder Eduardo Saverin has renounced his U.S. citizenship to live in Singapore. Many believe the reason for this move is to save money in federal taxes on the billions he will be receiving when Facebook goes public. However, his spokesperson assures the Los Angeles Times that Saverin wants to live in Singapore for an indefinite period of time in order to invest in companies that have “strong interests in entering the Asian markets.”

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Others are not so happy with Saverin’s decision to ditch his U.S. citizenship. In fact, the Los Angeles Times reported that two U.S. senators have introduced legislation that would punish Americans for denouncing their citizenships in order to evade paying taxes.

Saverin was not always a U.S. citizen. He was born in Brazil in 1982, and became a U.S. citizen at age 16. He’s also not new to Singapore. Saverin has been living in the country for several years now. Singapore does not collect capital gains tax.

So how much will he be saving by renouncing his U.S. citizenship? According to financial news service Bloomberg, Saverin can save up to $67 million in federal taxes; he is expected to collect up to $3.84 billion.