RARE OPPORTUNITY

FOR THE RIGHT DENTAL SURGEON!

1st floor property within walking distance from Salak Tinggi ERL Station for rent (20 minutes by KLIA Transit from KL Central, 5 minutes from KLIA and Putrajaya/Cyberjaya)

IDEAL FOR ONE-CHAIR DENTAL PRACTICE

6 Jalan Airport City 2
Airport City Business Centre
Kota Warisan
43900 SEPANG

Unique Features of Property:
~ newly-completed property (CF issued April 28, 2005)
~ within walking distance of Salak Tinggi ERL Station
~ Kota Warisan is a mixed-race township with Malay majority
~ no existing dental practice in Kota Warisan
~ Numerous corporate employers (MAS, AirAsia, MAB, factories) within vicinity (get on their panel!)
Pos Mini Kota Warisan to open on ground floor (traffic puller!)
New toll-free 6-lane Putrajaya-KLIA Highway opening soon!
~ 7 minutes to Putrajaya/Cyberjaya
~ 2 minutes to KLIA
~ 3 minutes to Bandar Baru Salak Tinggi/Nilai

Basic Details of 1st Floor:
office/retail space, 2 toilets, pantry, balcony
1,400 sq ft (20 x 70 ft)
Available for lease at RM1,500 (negotiable terms)

Detail Equipment (chair, compressor, autoclave, disposables, etc.) Procurement, Leasing and Insurance can be arranged!

CONTACT AZLAN ADNAN TO VIEW TODAY!
Handphone: 012-383 1324
Facsimile: 03-2032 1128
E-mail: azlan.aig@gmail.com
Web: www.geocities.com/azlan088/airport_city

Special Report

The Five Most Important Exit Strategies
For Any Deal You Do

Exit Strategy One: "Retail" the Property
This means that you will sell the property for the highest price you can on the retail market. This is how most homes are sold, whether they be listed with a real estate agent or sold for sale by owner. Your buyer when you retail a property borrows from a conventional lender and almost always moves into the property to live there.

There are two main ways to implement this exit strategy:

Plan A: List the property with a great real estate agent in the area and let them sell it for you. If you choose this option make sure you ask around for referrals for the best agent in the area of town and for the specific type of property you are selling. We recommend that you interview at least three agents prior to listing your property and get a written commitment from them of the specific action steps they will take and by when to get your property sold fast. When we want to retail a property we will often choose this option. Top agents are worth every penny of commission they earn because the will simplify the process and do most all the work for you.

Plan B: Sell the house for sale by owner. This is a viable option for many investors. The biggest downside to this option, aside from the time factor, is that most homes are sold to buyers who found out about the property through the "Multiple Listing Service" or MLS for short. The MLS is the proprietary database of properties for sale that real estate agents have access to. If you choose sell a property yourself then you'll have to aggressively market the property with for sale signs all throughout the area and classified advertising in the local paper. One useful middle-ground is to list the property with a flat fee real estate broker. These real estate companies will put your property into the MLS and do some of the marketing in exchange for a flat fee sales commission, usually less than a few thousand dollars. If you choose this option you will have to be willing to pay a sales commission to the real estate agent representing the buyer of the property (typically 3 percent of the selling price.)

Exit Strategy Two: "Flip" the deal
This is a fast-cash exit strategy where you lock up a property under contract and then sell your contract to another buyer, typically another investor, who will pay you a cash fee to assign your contract over to them. The biggest benefit of flipping a deal is that it generates instant cash. For many new investors it's more important to them to get a quick cash payday than it is to hold on to a property over a period of time to make the maximum amount of profit. The most important lesson for your long term success if you choose to flip deals early on in your investing is for you to remember that it's critical that you choose the best properties to hold onto over time. If you don't, no matter how much money you are making flipping deals, you are still caught on the treadmill of needing to find and flip your next deal... and the next one.

Exit Strategy Three: Lease out the property to a traditional renter
This is perhaps one of the most common exit strategies of average investors. They buy a house and put a traditional renter in it. This renter leases the property either on a month-by-month rental agreement or a longer term lease (typically for one year).

The four benefits of this exit strategy that you get because your renter's money allows you to hold onto a property over time:

1. Cash flow!
2. Appreciation!
3. Amortization (the loan paying down)!
4. Tax Savings!*

*NOTE: Our good friend and world-class tax strategist Diane Kennedy wrote a phenomenal book that discusses all the details of tax strategies for real estate investors. The book is called Loopholes of the Rich: How the Rich Legally Make More Money and Pay Less Tax (Wiley and Sons) and we recommend you get a copy for your wealth library.

There are three significant downsides to this exit strategy that you need to be aware of:

1. Paying for the maintenance
2. Time to manage the rental property (Dealing with tenants and toilets can be very time consuming.)
3. Expense of "renter turnover" (The most expensive thing for most landlords is the cost to re-rent out an empty property. Not only to you have the cost of the lost rental income while the property is vacant, but they also have the cleaning and painting and "prep" costs to get the property ready to show to prospective renters.)

Exit Strategy Four: Offer the property on a "Rent-to-Own" basis
Wouldn't it be great if there was a way you could get the three main benefits of owning a rental property--the appreciation of the property, the amortization of the underlying loan, and the tax savings from owning a rental property--without the three main downsides of owning a traditional rental property? Good news! The rent-to-own exit strategy comes extremely close to doing the impossible--it gives you all the benefits of a traditional rental property, while minimizing the three major downsides.

The way this strategy works is that you find a tenant buyer who wants to rent to own your property. This tenant buyer will lease out your property on a two or a three year lease with a separate option agreement which gives them a locked in price at which they can buy the home at any point over that two or three year term. As part of agreeing to give them this fixed "option to purchase" price, your tenant buyer will pay you a non-refundable "option payment" of 3 to 5 percent of the price of the property. Plus, in many cases your tenant buyer will also be paying slightly higher than the market rent because they aren't just renting the property, they are renting to own. This increased rent, when added to the option payment you collect up front, really boosts your cash flow on the property. The best part of a tenant buyer isn't this increased cash flow in our opinion. To us, the best part is that since you have an occupant with an "owners" mentality not a "renters" mentality, your tenant buyer will treat the property with much more care and attention. We even get our tenant buyers to take care of all the day-to-day maintenance and upkeep of the property!

Because rent-to-own has all these advantages over traditional rental properties we think you can understand our bias in real estate towards the rent to own exit strategy.

Exit Strategy Five: Sell with "Owner Financing"
This means that as a seller you take back some or all of the purchase price as a loan that your buyer will pay you over time.

Example: You sell a house for $400,000 where your buyer puts up a $20,000 cash down payment, gets a conventional first mortgage for $340,000, and you the seller carry back the other $40,000 as a second mortgage. Because of your willingness to participate in the financing, your buyer is able to much more easily get a conventional loan to fund her purchase of the house.

Example: You bought a house six years ago subject to the existing financing. You bought it for $200,000. The current loan balance on the underlying financing is $150,000 and the loan has an interest rate of 6 percent. You agree to sell the property to your buyer leaving the underlying financing in place for them for a total price of $400,000. Your buyer, who has lousy credit but great income, gives you a cash down payment of $60,000 and you agree to "carry back" the other $340,000 of the purchase price at an interest rate of 8 percent. Now not only do you make a healthy profit from the high selling price you got by agreeing to finance the whole purchase price, but you are making a great monthly income from the spread in the underlying financing (you pay the old loan at 6 percent but you collect at 8 percent from your buyer.) Your buyer is thrilled because with his lousy credit scores there was no other way for him to be able to buy such a nice home as this.*

*FOOTNOTE: This technique is called selling on a "wrap-around mortgage" and it is something we discuss in more detail in Making Big Money Investing In Foreclosures Without Cash or Credit (pp. 214-236).

Just like offering a property on a rent to own basis gave you many of the best parts of a traditional renter while at the same time limiting the downsides, used intelligently, owner carry financing can be an exit strategy that gives you the best parts of selling a property, while minimizing the downsides.

Four Downsides to Exit Strategy One--Retailing a House:
1. Competition: When you sell most properties retail you are competing with other sellers who are selling their properties in the same area. This can mean more time before your house sells or a lower selling price through the negative influence of competing properties.

2. Expense: Often when you are selling a property retail you have the added expense of paying real estate sales commissions--from 3 to 6 percent of the selling price. While you can sell without an agent involved, this lowers your chances for a fast, full price sale.

3. Time: One function of greater competition from other homes for sale is that your property may take longer to sell. This means you have to wait longer to sell which lowers your ultimate profit and delays your big payday.

4. Conventional Lenders: When you retail a house, your buyer will almost always be relying on a conventional lender to finance the bulk of the purchase. Our experiences have been that many times this lender gets picky part way through the sales process and this can cause an otherwise willing buyer to have to back out of purchasing your property.

When you sell with owner financing you can avoid or minimize each of these four major downsides of the retail exit strategy.

Four Benefits of Selling With Terms:
1. Eliminates Competition: Look at your local paper and see the properties advertised for sale. Out of a hundred properties advertised for sale only two to five will be advertised with owner financing. This means that by offering owner carry terms you are differentiating your property from over 95 percent of the competition! Not only is there a very limited supply for owner financed properties, but there is actually a much larger demand for owner carry properties because more people can qualify for the financing you are providing for them. This means you can charge top dollar for the property (and many times a little over top dollar) and get it since anytime you limit supply and increase demand value increases--simply economics!

2. Lowers Your Expenses: Again since your property stands out from the competition you usually won't need any agent involved in the sale which saves you up to 6 percent of a sales commission. Plus, since your buyer has such limited options available, they are more than willing to pay all the closing costs. This saves you a few more thousand dollars on the sale!

3. Faster Sale: With such a valuable and scarce thing as an owner carry property you will usually be able to sell the property 30 to 50 percent faster than a traditionally retailed home.

4. Fewer Lender Hassles: Even if you have your buyer use conventional financing to fund a portion of the sale, since you are carrying back a chunk of the financing yourself, this makes it much easier for your buyer to secure their conventional financing. This means a much higher certainty of your buyer's loan sailing through without any snags or hassles.

We hope you enjoyed this special report on exiting deals profitably. For more information on how to make money investing in real estate go to www.resultsnow.com. You'll find dozens of investor resources there. For those of you who are reading this who are really serious about taking your investing to the next level we urge you to go to www.resultsnow.com and look into our Mentorship Program. It's the fastest way to successfully launch your investing business.

Good luck to you,

Peter Conti and David Finkel

Greece, Sweden both Claim Victory

Greece wins Eurovision song contest

KIEV (Ukraine) - Greece took first place at the Eurovision song contest held in Ukraine at the weekend, with Elena Paparizou's "My Number One" confirming a barrage of winning forecasts from punters and internet pollsters.

www.eurovision.ert.gr/video/videoclip.asp

Taking an easy lead over Malta, which finished a distant second, Paparizou scored 230 points in an upbeat, folk-influenced rock number composed by singer Christos Dandis and lyricist Natalia Germanou.

Paparizou, 23, came third in the 2001 Eurovision competition as a band member; the country's best ranking so far that was matched by Sakis Rouvas in 2004. As a result of her victory, Greece will host the contest in 2006.

"I am so happy that this finally came to Greece... We have shown the modern side of Greece," said Paparizou, an ethnic Greek from Sweden, on receiving the Eurovision award from Ukraine's president, Viktor Yushchenko.

In a double celebration, Paparizou, an ethnic Greek raised in Sweden, also feasted her name day.

The president of the Republic, Karolos Papoulias, congratulated Greece's team at the contest, who worked onstage and offstage.

"I hope that this collective enthusiam will spur greater successes in the arts, which is Greece's most precious export commodity," Papoulias said in a telegram to Paparizou.

Prime Minister Costas Karamanlis, who is currently visiting the USA, also warmly welcomed Paparizou's victory; along with main opposition leader George Papandreou, Istanbul Patriarch Bartholomew, Athens Mayor Dora Bakoyianni, and the deputy culture minister, Fani Palli-Petralia.

---

Swede triumphs in Eurovision
Andy Butterworth

Swede Elena Paparizou won the Eurovision contest in Kiev on Saturday night, while Swede Martin Stenmarck could only manage a sorry 19th place. Unfortunately, Paparizou was singing for Greece and Stenmarck was singing for Sweden.

The result means Sweden will have to qualify for next year's contest through the ignominious back door of the semi-finals.

"I did my best," said a tearful Stenmarck afterwards. "I hope Sweden will forgive me."

Throughout the week, Swedish papers had reported one lack-lustre Stenmarck rehearsal after the other. And leading Eurovision figures such as SVT's Christer Björkman had been confidently predicting that Sweden didn't stand a chance against the passion and organisation of the east European and Balkan countries.

All these pressures were reflected in a pallid performance by Stenmarck, light years from the bravura he showed in winning the Melodifestivalen in March. Taking the stage after a confident, cheeky chappy number from Denmark, Stenmarck and his four dancers seemed to disappear on the vast stage. He donned an Elvis-inspired costume for his 'Las Vegas' song, but there was little energy and his few dance moves were hesitant.

It was only after he successfully caught his trademark flashing mike stand that he seemed to relax and pick up the pace.

The longer the interminable voting went on without a point for Sweden, the more depressed SVT commentator, Pekka Heino, seemed to get. Finally, after about a dozen countries had awarded their points, came a six from good old Finland. "Kitos, Suomi," intoned an audibly relieved Heino. "Thank you, Finland."

After much whingeing in the media about 'buddy voting' by other countries, the Nordic countries were just as bad as anyone else. Fourteen of Sweden's 30 points came from Scandinavian neighbours and Sweden awarded their highest points to Norway, Denmark and Greek-Swede Paparizou.

After the show, Björkman didn't hold back in his criticism of just about everybody, not least the man he was supposed to be there to support, Martin Stenmarck:

"He sees Eurovision more as an experience, a buzz. His focus was on Melodifestivalen, where success gives long-term rewards in Sweden. Martin wasn't that bothered about being relegated to the semi-final group next year, but Lena Philipsson was scared stiff last year."

If Stenmarck's commitment beforehand could be questioned, his devastation afterwards seemed genuine enough:

"This feels like the worst night of my life. This is worse than I could ever have imagined. I came here to win and finished 19th. What a humiliation."

Overall, the Ukrainians put on a spectacular show - apart from the embarrassing slapstick of the famous Klitschko boxing brothers.

"Eurovision eeees vrrry seemilar to baaaaxing," said Vladimir. "Weeeeell, leeeet's hope there are noooo knockouts!" replied last year's winner, Ruslana. Quite.

There were strong folk influences in many of the songs and a lot of the early acts seemed to be competing to have the most / biggest / craziest drums. Elena Paparizou's winning entry was the Britney-Spears-style 'My Number One'. But even this had an odd folk dance inspired section in the middle, amidst the glossy pop sheen and slick choreography.

Paparizou, who moved to Athens from Sweden a couple of years ago and came third in the competition in 2001, has been lauded all week in the Swedish press for her ultra-professionalism. She promoted her song in 14 countries prior to the final, a tactic which seems to have paid rich dividends and which the Swedes hope to learn from next year.

The twelve points Paparizou received from Sweden virtually sealed her victory and she screamed joyously at the camera "Heeeeeeeja, Sverige!". "Go Sweden!" After the show, she told GP:

"I hope to be able to do this for Sweden one day too. I'm not saying that you necessarily need me, but it would be fun because I love Sweden."

Perhaps even more embarrassing for Sweden were the solid performances from Norway and Denmark, which traded places for much of the evening in the top ten. In the end Denmark's soft reggae boy-band-style thing and Norway's Kiss-inspired glam hard rock had to share ninth place - and a ticket direct into next year's final.

Meanwhile, there's a risk that Sweden won't even be on the scorecard. The country has a glorious Eurovision history and failure to qualify from the semis in Athens would leave an entire nation wondering what on earth to do with Saturday May 20th next year. Sweden has participated in every Eurovision Song Contest final.

"Bloody hell," said Stenmarck, on being told of the situation. "I'm sorry for whoever has to do it next year."

Whoever that may be could learn something from the Moldovan entry, the Red-Hot-Chilli-Peppers-wannabes who gave royal, adrenalin-fuelled entertainment with their insane 'Granny beats the drum'. The performance featured an elderly Moldovan in a rocking chair merrily beating a drum.

The Local's douze points, for what it's worth, went to Croatian crooner Boris Novkovic, who sang about wolves dying alone to the accompaniment of a bagpipe. Now that's a song for Europe.

Sources: Svenska Dagbladet, Expressen
Andy Butterworth is a freelance writer based in Gothenburg.

Copyright 2003-2005 Azlan Adnan Legal Notice

Global Citizenship

My friend Leah of the University of British Columbia, Canada, is looking for collaborators to work on a GLOBAL CITIZENSHIP course she is developing. Details below.

Please contact her directly if you want to collaborate with her on this project (Canadian$1000 honorarium offered).

Terima Qasih.

Azlan Adnan
Hal Elwal Antarabangsa
ProWaris

From:
"Leah Macfadyen" leah.macfadyen@ubc.ca
Subject:
urgently seeking curriculum developers ("Global Citizenship")


Dear UWC Folks near and far,

Almost a year ago, your comments and input helped me draft a proposal
for an online undergraduate course called "Introduction to Global
Citizenship" - a wide-ranging course that surveys a range of questions
and topics that will be familiar to all of you from your UWC time, and
that will hopefully challenge students to listen to each other and
consider their roles and responsibilities in the world. The course is
planned to be made available to students at a number of universities
internationally, and from across the disciplines.

The slow wheels of university bureaucracy have finally turned, the
outline has been approved, and I now have the go-ahead (and some
funding) to develop the course.

This means that I am now actively and urgently seeking individuals
(specialists) who are interested in collaborating in this project by
drafting curriculum content for individual modules (one module is one
week of coursework) for a number of topic areas for which I have
sketched a rough outline.

The modules for which I am still seeking content developers are listed
below, and I can offer a $1000 (Canadian) honorarium to contributors.
Ideally, materials are needed by mid-late June, 2005.

Are you interested in participating? Can you recommend others who
might be?

If so, please get in touch as soon as possible - I will happily tell
you more about the project, design, and vision and about the scope and
style of what is needed.

This is an ambitious undertaking, but with your help, I'm confident
that it can be a truly exciting course.

cheers, Leah PC89

------------------

Content developers needed for the following weekly modules:


What is a Citizen?
What is ‘citizenship’ and why does it matter? What does it mean to be a
citizen? This module will introduce different theoretical, national,
political, legal and historical and cultural perspectives on
‘citizenship’ and its associated rights and responsibilities. It will
ask students to investigate and consider which groups are
‘non-citizens’ in their home country, and to reflect on their own
responsibilities as citizens – both to their own state and to
non-citizen populations.

What does it mean, to be a “global citizen�?
This module will explore whether a real possibilities for “globalness�
exists, and will examine the potential for development of a ‘global
ethics’. Is it possible, given human diversity, to identify the
interests that unify us, that bind our common fate? The benefits of
citizenship are rarely conferred on the collective or the group; rights
are expressed in terms of what one individual can derive from or do
with his or her status as citizen. Does this imply that global
citizenship confers an identifiable set of ‘universal’ rights on
individuals? What is the need for the Universal Declaration of Human Rights?

The Challenge of Global Divisions: Race, Ethnicity, Nation, State
Until the end of the 20th century ethnic and national identity were
supposed to diminish in importance, a consequence of globalization,
transnational forces (e.g., labor migration, refugees), the development
of supra-state institutions (the U.N., the European Union), and the
spread of modernity throughout the world. Clearly this prediction was wrong!

What constitutes a "nation" in the sense of a "people"? How has this
concept evolved over time? This module will examine the concepts of
ethnic and national identity. This modules will continue the
exploration of global diversity by

Challenging Old Conceptions of Citizenship: Diversity and Multiculturalism
Many modern nation states are grappling with the increasingly
multicultural nature of their populace (or are finally recognizing
their multicultural reality). Political pundits laud pluralism as an
end-in-itself or highlight the wealth or skills that immigrants bring
to their new country of residence. Dissenters claim that immigrants
weaken local or national culture and values, or consume resources that
belong ‘by right’ to the ‘indigenous’ population. This module will ask
students to consider: What value multiculturalism? What, if anything,
can hold a multi-religious, multicultural society together? Why should
the citizens of such a society want to hold together?

Human Impact on the Environment
This module will focus student attention on human impact on the natural
environment, and, in particular, their individual contribution to this
phenomenon. Potential topics of global concern that may be explored
via course notes, readings and discussion could include:
• An evaluation of the individual’s impact (ecological footprint)
• The problem of carbon dioxide emissions (direct and indirect), and an exploration on how to minimize them
• The phenomena of environmental conflict (for example, “water wars� Middle East)
• Air quality, water quality, genetic diversity, and their interconnectedness with human health and society.
• Cultural perspectives on human relationships with and responsibility for the environment and natural world.

Sustainability
This module will examine alternative theories and definitions of the
notions of “sustainability" and “sustainable development." In
particular, it will highlight the sustainability problems of industrial
countries (i.e., aging of populations, sustainable consumption,
institutional adjustments, etc.); and of developing states and
economies in transition (i.e., managing growth, sustainability of
production patterns, pressures of population change, etc.). It may also
include an examination of current and potential future energy systems,
with emphasis on meeting regional and global energy needs in the 21st
century in a more sustainable manner.

Politics, Participation and Civil Society
The goal of this final module is to ask students to consider the
possibilities for individual participation in local and international
governance and civil society, and those factors (legal, cultural,
political, personal) that may limit participation by themselves and others.

At the personal level, this module will ask students to reflect on
individual and collective responsibility for action when they encounter
social inequity or injustice, or environmental damage. An example as
simple as whether or not to give money to beggars/pan-handlers might
prompt interesting reflection on “the decision to act�. Why do some
people become activists, while others ignore the problem or stand by silently?

Leah P. Macfadyen
---------------------------
Educational Program Manager
UBC Centre for Intercultural Communication
800 Robson Street, Vancouver, BC, V6Z 3B7, Canada
Tel: (604) 822 9620 (w); (604) 732 9750 (h)
Fax: (604) 822 0388
Email: Leah.Macfadyen@ubc.ca
http://cic.cstudies.ubc.ca