Archive for the 'city of redding california' Category

11
Mar
12

Commercial Equipment Leasing Now Available

Although our primary emphasis is on commercial real estate financing, what we have found is that many of our clients, once they purchase their investment or income property, often are in need of commercial operating equipment. Through our affiliates in our national lending programs, our commercial equipment lease programs cover a wide variety of industries. Whether you are looking for aircraft leasing, transportation equipment leasing, medical equipment leasing, or any other equipment and accessories needed for your business, rest assured that with our knowledgeable and professional team by your side you are certain to obtain the financing you need without all the hassle.

For more information regarding equipment leasing in your industry, we have a variety of financing options that include start-up businesses.  Getting approved is quick and easy regardless of your personal or business credit situation, we can help!

  • Aircraft and Aircraft Equipment
  • Fitness Center Equipment
  • Health Center Equipment
  • Automotive Equipment
  • Agricultural Equipment
  • Computers & Networking Equipment
  • Construction Equipment
  • Dry Cleaning Equipment
  • Heavy Equipment
  • Industrial Equipment
  • Medical Equipment
  • Metalworking Equipment
  • Office Equipment
  • Oil and Gas Equipment
  • Printing Equipment
  • Restaurant Equipment
  • Telecommunications Equipment

We also offer software leasing and have special programs for start-up business leasing.

What is a Lease? A lease is a contractual arrangement-agreement in which a leasing company, known as the Lessor, gives a customer, known as a Lessee, the right to use equipment for a specified length or time, referred to as the lease term, and a pre-agreed upon payment plan, which is usually monthly. Depending on the equipment, the nature of the lease, and the needs of the customer, the customer may have the opportunity to purchase the equipment, return the equipment, or continue to lease the equipment by executing a new lease or a lease extension.

The overriding positives of leasing include the general application to almost every business that has a need for some form or kind of equipment to conduct its daily business operations, which includes every part of the business from capital equipment to computer hardware and software, and can include both installation and follow on management assistance and consultation. Irregardless of the legal structure of the lessee, including churches and other non-profits, leases make a lot of sense if only for the cash savings realized.

17
Dec
11

About Commercial Real Estate Funding ….and Ron

If you are seeking funding for a large commercial project, you have come to the right place.  Ron Largent is a financing consultant with Ocean Pacific Capital. He has the requisite experience and knowledge in real estate and finance to assure your success.

First licensed in 1971, Ron has built on decades of real world experience as an agent or broker in four states. He knows and understands all aspects of residential, commercial, and investment-income properties in the North State.  He has achieved significant sales results in residential sales, Mobile Home Parks and apartment complex sales, along with self mini-storage complex and convenience store sales.

He partnered with his son, Curt, and other associates in the Largent Team, one of the largest real estate teams in the North State, which is now part of Sheldon Largent Realty.  During 2011, Ron gave back to his community, serving as President and Executive Officer of the United Way of Northern California on an interim basis, managing the United Way in the nine northern counties of California.

07
Oct
11

What is a Cap Rate? Why it is important in commercial real estate….

Often times we will get a buyer of an investment property….lots of questions, and mostly good ones. One good question that keeps coming up, especially with newer investors…What is the Cap Rate? What cap rates are on the recent sales? So, here is a definition of a Cap Rate…one of the best that I have read….and I think it is from one of the real estate investment text books…

The Capitalization Rate or Cap Rate is a ratio used to estimate the value of income producing properties.The cap rate is the net operating income divided by the sales price or value of a property expressed as a percentage. Investors, lenders, and appraisers use the cap rate to estimate the purchase price for different types of income producing properties, which is a guideline for a new investor. A market cap rate is determined by evaluating the financial data of similar properties which have recently sold in a specific market. It provides a more reliable estimate of value than a market Gross Rent Multiplier since the cap rate calculation utilizes more of a property’s financial detail. The GRM calculation only considers a property’s selling price and gross rents. The Cap Rate calculation incorporates a property’s selling price, gross rents, non rental income, vacancy amount and operating expenses thus providing a more reliable estimate of value. These are all key factors that a buyer should consider in the decision making process.

If you are looking for CREATIVE COMMERCIAL FINANCING for an investment property, give me a call. We have products for almost every possible property…and possibly one for you.

http://www.largentfinancial.com

30
Oct
10

Foreclosures on the market this week….

These properties just came on the market this week….all REPO’s….either bank or private investor owned. Some excellent buys here….

2014 Glengary, Redding, 3/2, 1316 sq ft, good area, good corner lot with boat-RV parking. $124,500.

688 Ridge Road, Redding, 3/1, 1079 sq ft. good close in location, nice views and new paint, $85,800.

20634 Sigma Drive, Cottonwood, 3/1, 1050 sq ft., good Cottonwood location, and good condition, $107,900.

2827 Stingy Lane, Anderson, 3/2, 1079 sq ft, hardwood floors with river rock on the front, and cute. $96,800.

4070 Bowyer Blvd, Redding, 3/2. 1331 sq ft. Terrific home in great Victor Ave location. A steal at $159,900.

22487 Deer Creek Road, Cottonwood, 3/2, 1313 sq ft. on .38 acre. Great location and condition at $114,000.

4940 Bonnyview Ave, Redding, 2/1, 748 sq ft., big and secluded lot in south Redding. Good deal at $69,900.

4280 Agnes May, Redding, 4/2, 1626 sq ft. Super clean with new paint and carpet. Excellent buy at $179,900.

1499 Setter Drive, Redding, 3/2, 1304 sq ft, wood floors and clean in best Quail Ridge location. Deal at $169,000.

19440 Lassen, Cottonwood, 2/2, 1015 sq ft, plus detaced garage on 3/4 acre lot. Country cutie at $114,900.

1430 Spinnaker, Redding, 3/2, 1684 sq ft,New carpet and an extra room for office. Best location at $189,900.

These are some excellent homes and buys for these prices….and reflect that we may be at the down mark for this housing downturn…so this may be the time to check these out. For more info and photos and an appointment to see any of these…almost at any time, give me a call at 530-248-5601…..  www.ronlargent.com      ronlargent@kw.com  

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14
Oct
10

New Foreclosures in Redding and Anderson, CA

We have just had a number of homes come on the market as foreclosures, and as we expand our Foreclosure Team to address this growing market, we will be offering foreclosures in Red Bluff, Chico, and for those that are interested, Sacramento. Our expanded team will include agents in each of these areas that are specializing in bank owned homes, REPO’s, and foreclosesures….all basically the same….homes that have been foreclosed upon where the previous owner is no longer owner of the home….the bank that foreclosed is.

Foreclosures are listed through many agencies, and on the MLS in each of these areas, and our team will make lists of foreclosed properties available in each of these areas. E-mail    ronlargent@kw.com    or go to    www.ronlargent.com    or    www.foreclosureteam.net

Our goal is to get the right home for our clients….thus this service. And, we have a number of lenders avaible to work with our buyers, from the Bank of America to local mortgage companies.

Here are some photos of current properties listed either by our office or on the MLS…..all good buys as foreclosures.

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14
Sep
10

Foothill HS Gets Rivals.com’s attention in State Football

The following appeared on Tuesday in Rivals.com  Sectionsports.com  section…on Northern California high school football:

Forget everything you know about Northern Section football.

Didn’t take long, did it?

Teams from way up north in California like

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Zach Ray is the brother former 49er Ricky Ray.

Palo Cedro’s Foothill don’t get the attention from colleges and fans that they sometimes deserve due to relative location, but Cougars’ coach Bryon Hamilton is trying to change that perception.

“Part of the problem with recruiters is they can come up here and see four or five kids, or they can spend the same amount of time in the Bay Area and look at 40 or 50 kids,” Hamilton said. “People forget we’re here sometimes. We’re trying to change that mindset.”

After being snubbed for a state bowl game invitation after a perfect 12-0 season in 2007, Hamilton started scheduling tougher games outside of the Northern Section, and California for that matter. In 2008, the Cougars defeated Oregon’s South Medford, ranked No. 1 in the state of Oregon in some polls. A year later, Foothill beat Washington’s Union High School, a team that was ranked as high as No. 2 in Washington in 2009. Both victories came on the road in hostile environments.

“We tried to upgrade our schedule as much as possible, and we’re doing a better job of going out there and competing with other teams outside of our section,” Hamilton said

One team the Cougars were able to impress was Sacramento’s Grant High School, a perennial powerhouse that won the 2008 open division California state title. The Pacers travelled with Foothill up to Washington in 2009 to play Bellevue.

“The coaches (at Grant) couldn’t believe the level of football we were playing,” Hamilton said. “They really hadn’t seen us play, and there’s the misconception that Northern Section football isn’t very good football.”

Aaron Rodgers, current quarterback of the Green Bay Packers, played at Pleasant Valley in Chico and started to change that mindset. This season, a host of Cougars are trying to continue the notion that quality talent does indeed come out of some of California’s more remote locations.

Ray on the Rise
One current Foothill player who has NFL bloodlines is senior quarterback Zack Ray, whose brother Ricky played for the San Francisco 49ers and New York Jets before starring in the Canadian Football League. Through three games this season, Ray has passed for 538 yards and seven touchdowns in Hamilton’s shotgun zone-fly offense.

“He reminds me a lot of Kellen Moore,” Hamilton said, comparing his senior signal-caller to Boise State’s star quarterback. “He’s got that great poise in the pocket, and I think he’s going to grow to 6-foot-4, so he’s only going to get better.”

Two-headed Monster
The Cougars have a punishing running game,

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Slaton is averaging close to 10 yards per carry for Foothill.

which can be a quarterback’s best friend. Junior tailbacks Tevin Slaton and Addison Gillam form a powerful rushing attack. Slaton, a 170-pound speedster, gashes defenses after the 210-pound Gillam softens them up.

“I think Gillam is a (Division I) prospect,” Hamilton said. “He’s a 6-foot-3, 210-pound kid with legitimate 4.7 speed. He’s got great redirection skills that you don’t see from a lot of 6-foot-3 football players.”

Slaton has been the more productive of the two thus far, having rushed for 467 yards and five touchdowns, including a huge Week Two performance against Stockton’s Edison, where the junior ran for 233 yards and two touchdowns on 22 carries.

Perfecting the 3-3-5
Part of the reason Slaton has been slightly more productive has been Gillam’s commitment to playing defense. The Cougars have one of the best linebacker units in California, with Gillam leading a group that also includes seniors Mitchell McCarthy, Garrett Miller, Josh Latham and Rocco Taylor.

“We’re blessed with those five guys. We feel really, really good there [at the linebacker position],” Hamilton said.
All five players get significant minutes in

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Gillam stars at both running back and linebacker for the Cougars.

Hamilton’s 3-5-3 defensive scheme, and each full-time defensive player is averaging over six tackles per game for Foothill. Hamilton continues to be impressed with McCarthy, who earned the top linebacker award at the Boise State camp this summer and is fast approaching the Foothill school record for career tackles.

“He’s our strong safety/linebacker this year, and he’s the kid that gets the most attention,” Hamilton said of McCarthy. “He’s got a chance to be a D1 player, and he can definitely play a lot of places with his (3.6) GPA. Between him and Latham we’ve got two legit linebacker prospects.”

Led by the strong group of linebackers, Foothill’s defense got off to a strong start to the season, holding Dixon and Edison to six points each. The Cougars’ defense, a question mark coming into the season, answered all doubts by picking off six passes against the Vikings, as Trent Knight, Tucker Wilson and Ryan Smith each intercepted a pair of passes in the victory.

“At least they weren’t being selfish,” Hamilton joked.

Hamilton: “I want to get my kids signed”
But the head coach knows that his remote position in the state is no laughing matter, and that the team needs to continue to work to change the perception on Northern Section football. Hamilton isn’t just doing it for the sake of the program, however.

“Slowly but surely we’re changing people’s attitudes for the state games, because that’s obviously what’s on everybody’s mind,” Hamilton said. “But I want to get my kids signed. I’ve legitimately had 10 or 12 Division I players (in my eight years here), and I’ve only signed one.”

“This year I’ve got at least two or three of those type of kids, and if they don’t get looked at or signed it’s going to be a shame.”

09
Sep
10

Residential Income-Apartments for sale in Shasta County – Redding, CA

Did you know?  There are 96 residential income- multi family properties on the market in Shasta County…from smaller duplex and triplex units to complexes with 40 and more units. You take your pick. Here is the great news…financing is available at some of the lowest rates we have ever known…here is the good news….plenty of units are available, and it is a buyers market.

For details, financials, photos, etc….   ronlargent@kw.com     www.ronlargent.com  

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26
Aug
10

Gas Station for sale..Just Listed… Cypress Chevron in Redding,CA

Just listed the very popular and busy Cypress Chevron at Hilltop and Chevron at the main exit from I 5 to Redding, CA. This is a very attractive station in the best location….opposite 76 and Valero and adjacent to the extensive Hilltop Drive restaurant and hotel area, including the K-Mart Center, McDonald’s, Burger King, and a myriad of other eating establishments. I 5 traffic at this intersection is above 70,000 cars a day, and many exit for Redding at the Cypress Ave. exit. Huge gasoline volume and good inside sales. Offered at $425,000, includes the business and improvements but not the real estate, but a great lease.  For info, financials, details, etc….www.ronlargent.com    or e-mail   ronlargent@kw.com

13
Aug
10

Foreclosure Investor Services..huge returns.

If you have been thinking about investing in foreclosed homes, here is an opportunity. We have formed Foreclosure Investor Services to assist investors that are interested in buying homes that are being sold at the “Court House Steps”. We assist investors in purchasing homes in Shasta and Tehama counties in Northern California.

We represent a number of investors, but are looking to add additional investors, in that we are buying homes regularly every week. We use our experience and expertise to totally check out the properties being auctioned, and convey this property condition to the investor. Collectively we agree on the price to be paid at auction, and we go from there.

We buy the bank owned property right….due what is necessary to get the acquired property to market condition, and put it “on the market”. Our advice and follow through are bringing from 25-40% return on the initial investment over a period of 90-150 days. …making this one of the best investments in this “down economy”.

For details, please e-mail for a brief description of the program; how it works; what we expect from the investor and what the investor can expect from us; and minimum investor dollar commitment. This is a time-tested program; no gimmicks; and the investor remains in the control position at all times.

Contact us for details: ronlargent@kw.com http://www.ronlargent.com

05
Aug
10

The New Consumer Protection Bureau…good or bad?

The following appeared in the Los Angeles Times ( of which I was a “paper boy” for 6 years when I lived in Compton, CA), and then was passed on to agents by the California Association of Realtors (CAR)…and I thought it might be of interest to you.

What the new consumer protection bureau will do for home buyers

Part of the financial reform bill signed into law by President Obama includes the creation of a Consumer Financial Protection Bureau, which will write new rules and monitor problems and abuses in areas such as residential real estate settlements, credit scores, “truth in lending,” and equal credit opportunity.

MAKING SENSE OF THE STORY FOR CONSUMERS

  • Before the Bureau can begin implementing new laws to assist consumers, the president must nominate a director for the Bureau and the Senate must confirm the nominee.  While this may take time, mortgage industry leaders say some of the core changes promised by the legislation either already are in effect or should be soon.
  • Treasury Secretary Timothy F. Geithner has until Sept. 19 to designate a transfer date when key legal and regulator authorities shift from agencies such as the Federal Trade Commission and the Dept. of Housing and Urban Development (HUD), to the new consumer bureau.  Once that takes place, the Bureau will begin implementing the new laws.
  • One of the earliest and most widely anticipated changes expected to take effect impact home appraisals.  By law, the agency must create new interim rules on appraisal accuracy and independence to replace the Home Valuation Code of Conduct (HVCC) rules imposed by Fannie Mae and Freddie Mac in 2009.  Many in the real estate industry, as well as home buyers and sellers, report HVCC standards led to low home valuations that, in some instances, derailed home sales transactions.
  • A national hotline system also will be developed that will allow aggrieved mortgage borrowers and others to issue complaints and alert the Bureau to unfair and deceptive practices.
  • Rules requiring mortgage loan officers to verify mortgage applicants possess the ability to repay the loans they’re seeking also is high on the list.

Bottom line…more bureaucracy…more processes…more delays. You have been forewarned.

www.ronlargent.com      ronlargent@kw.com




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