Alaska investment - News


Hearing puts spotlight on offshore drilling - San Francisco Chronicle
Hearing puts spotlight on offshore drillingThe Obama administration's move to stimulate investment and growth in wind, solar and energy efficiency has changed the decades-old debate. Interior is also reviewing wave and wind projects, and environmental groups will be assessing possible damage to

Scholar pleads not guilty to loan fraud
ANCHORAGE, Alaska, April 15 (UPI) -- A former Fulbright and Rhodes Scholar and Oxford University doctoral candidate has pleaded not guilty in Alaska to student loan fraud, observers say. Rachel Yould, 37, entered the plea Tuesday before a US magistrate Scholar's past adds intrigue to student loan fraud trial

Permanent Fund bill shelved after heated House debate - Fairbanks Daily News-Miner
Permanent Fund bill shelved after heated House debateOriginally drafted to authorize investment of Alaska Permanent Fund money in an in-state natural gas pipeline project and to clip the authorization process for state bonding entities, several Republicans offered an amendment expanding the authority of

Rio’s Albanese Gets ‘Last Chance’ With China Bailout
Albanese, who was raised in New Jersey and studied mining at the University of Alaska before joining Rio in 1993, has the “full support of the board,” said Christina Mills, a spokeswoman for Rio in London. Skinner said the company recognizes investors

PRESS DIGEST - British business press - April 15
L) is poised to face protests on Wednesday over its proposed new mine in Bristol Bay, Alaska, amid concerns that pollution from it could hit the fishing industry, worth 154 million pounds a year. But a potential clash with Sarah Palin,

Hearing puts spotlight on offshore drilling - San Francisco Chronicle

In what is likely to set off a spirited exchange, the oil companies and their trade groups will ask Salazar for a shot at the offshore waters that have been locked up by congressional bans against drilling for more than two decades. They say the country needs to expand the domestic supply of fossil fuels.

A contingent of environmental groups, from the Sierra Club to the Surfrider Foundation, stoked by testimony from Sen. Barbara Boxer, D-Calif., will argue that the future rests in clean, renewable energy that preserves a gorgeous coast at the heart of the state's economy.

In a legacy from the Bush administration, the Interior Department is asking for comment on a proposal to offer for petroleum development 1.7 billion acres from the Atlantic Coast to the Gulf of Mexico and the Pacific. They include 44 million acres off the North Coast, as close as 3 miles from Mendocino and Humboldt counties, and 89 million acres off San Diego, Ventura, Santa Barbara and San Luis Obispo counties.

What should be considered in buying investment property in Alaska?

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!

Why would anyone in Alaska think they could secede without the approval of the U.S.A.?

...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.

The dems and reps are in power have the control should they bear the responsiblity for their mismanagement?

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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