Wednesday, December 19, 2012

Company Logo With Front-Lit LED Channel Letters

New Signage at the Miller Heights Shopping Center
New LED channel letter tenant signage is currently being installed at the Miller Heights Shopping Center, located at 9375 SW 56th Street, Miami, Florida 33165.  In addition to the tenants receiving LED reverse channel letter signage for each of their retail storefronts, the logo of the shopping center's property management company was also installed.
Green and blue logo with front-lit LED channel letters

As shown within the attached photo, Sharpe Properties hired the services of Art Sign Company to install its S-shaped logo along the East Tower of the retail shopping center.  The company logo signage is an LED front-lit channel letter sign in both green and blue.

At night, the top portions for each of the two towers at the Miller Heights Shopping Center (just below the green metal roofs) will have blue LED lights that will cover the entire wall area, on all three visible sides of the tower. To prevent the Sharpe Properties logo from blocking the spectrum of the blue LED lights, the logo sign was spaced out several inches from the wall.  By doing so, the blue LED lights will be able to run from the bottom all the up to the top of the tower (under the green metal roof) without the intensity of the blue LED being diminished.

Optical Illusion
Although Sharpe Properties hired the sign company to install the S-shaped logo, there is no actual sign made that is in the shape of a "S".  Rather, the actual "S" for Sharpe Properties runs in between both the blue and green channel letter signs.  These optical illusion effect is intended to create attention and conversation from the people that drive along Miller Road and visit the Miller Heights Shopping Center.

About the Property Management Company
To learn more about Sharpe Properties, and how they handle commercial property management for all retail and industrial warehouse properties throughout Miami-Dade and Broward County, please visit

About the Miller Heights Shopping Center
The Miller Heights Shopping Center is a neighborhood retail shopping center along busy Miller Drive (a/k/a Miller Road) in Miami, Florida.  The shopping center is almost finished with a multi-million dollar renovation project which involved major upgrades to the building's roof, storefront facade, and parking lot.  As a result of these renovations, the shopping center is upgrading its tenant-mix by attracting national retail tenants.  For more information about the Miller Heights Shopping Center, please visit

Thursday, December 6, 2012

5 Steps to Securing a Mortgage For Rental Properties

Becoming a real estate investor makes it possible for you to benefit from semi-passive income coming in on a regular basis. While real estate investment can be pretty lucrative if done correctly, there are some hurdles that you'll have to overcome before you can get involved.

One of the most difficult parts of the process is coming up with the money to buy a rental property. Most people who do it use a mortgage, but qualifying for a loan isn't that simple.

Here are a few tips with CB Online to keep in mind when you want to be able to secure a mortgage for a rental property.

Get Some Cash Reserves
One of most important parts of this process is to accumulate some cash reserves. This means that you need to have some money sitting in a bank account or investment account somewhere for the lender to look at. When you are a rental property owner, things will come up unexpectedly. For example, the toilet may overflow and ruin the flooring in your unit. You might have to replace appliances or do one of a million different repairs. The lender will also want to know that you have enough money sitting around in a bank account that you could afford to make your mortgage payment for a few months if you lost your income. Things change and nothing is for certain with employment. Every lender is different when it comes to determining how much money you will need in cash reserves. As a general rule, just try to get as much as possible before you apply for the loan.

Boost Your Credit
When you apply for an investment property mortgage, the lender is going to want to see that your credit is good. You need a high credit score in order to get approved. You can get copies of your credit reports from all three of the major credit bureaus, Equifax, Experian, and TransUnion. Ideally, you should shoot for a credit score in the high 700's. If your credit score is not in that range now, consider paying down some of your debt accounts. Get in the habit of making payments on a regular basis to all of your creditors. You may also want to fix any errors that you find on any of your credit reports. It will be to your advantage to start working on your credit a few months before you try to apply for any loans.

Have a Down Payment
When applying for a rental property mortgage, the lender is going to expect you to have something for a down payment. The amount of money that you have to use as a down payment will vary from one program to the other. In most cases, you need to have at least 20 percent of the purchase price of the property to put down. This can be a big hurdle for many people to overcome, especially when you have to have cash reserves on top of that. Getting into the rental property game takes a big chunk of cash on the front end, but mortgages can help you minimize your own risk by using other people's money.

Work Situation
The lender is also going to want to see that you have a stable source of income. Typically, this means that you have some kind of a steady job that pays you regularly. They'll ask for copies of your W-2 forms so that you can prove that you make a certain amount of income. Regardless of whether you are self-employed or work for someone else, the bank will typically want to see at least two years of steady employment before you can get approved. If you don't have a stable work situation, it can be very difficult to get approved for any loans.

Shop Around
When you are looking for a rental property mortgage, you probably will need to shop around with multiple lenders before you make your decision. In some cases, you may be turned down by one lender because you don't meet their lending criteria. In others, you might be able to get approved because they have a different program that they use for investors. Some banks are better than others when it comes to working with investors. Search online as well as in your local market to find a lender that is willing to work with you.

If you'll keep these tips in mind, you should be able to improve your chances of getting approved for a rental property mortgage.

Guest Blog Article By:

Andy Boyd
Andrew writes about managing money and personal finances for various multinational companies. He is also a keen follower of technology