May 2008
Monthly Archive
08 May 2008 05:44 am
Now May Be The Perfect Time To Take The Real Estate Investment Plunge
Taking the real estate investment plunge requires taking stock of your financial goals, planning and lifestyle before taking the plunge, pretty much like buying any property. If you’ve got the time, the money and the lifestyle that lends itself to managing a real estate investment, you are just about half way there.
One market’s bubble could be one investor’s boom and another investor’s bust. A home in one market could give you vacation rental income in a half year sufficient to cover the cost of principal, interest, taxes, insurance, home owner association dues, upkeep and other costs, but still not appreciate.
Another home in another market may not bring you sufficient rent in a year’s time to cover the cost of owning the property, but might appreciate more than enough to make up for your carrying costs over the long term.
The key to making big profits in real estate is to go against the traditional wisdom. When the masses are buying, it’s often time to sell. When everyone is selling, there are huge bargains to be found.
In Multi-Family Millions, contrarian real estate investor Dave Lindahl shows you how to read the market cycle, and explains why now is a great time to get started investing in apartment houses—even if it’s your first time investing in real estate and you have no money for a down payment. (more…)
search for : real estate investment
05 May 2008 06:50 am
87.5 Acre Mountain Subdivision, West Jefferson, NC
WEST JEFFERSON NC MOUNTAIN PROPERTY
87.5 +/- Acres Available For Residential Subdivision Mountain Development, 7 miles from West Jefferson, NC
Paved Road and Bridge Built To State Specifications.
Average of $23,000 per acre.
This Property Should Retail For Approximately $50,000 to $60,000 per acre.
ALL PROPERTY HAS LONG RANGE MOUNTAIN VIEWS
Contact Greg Stikeleather, Broker, 704.880.5247
or
email Greg at grstike@charter.net
click here for more information
02 May 2008 07:23 am
No End In Sight For Foreclosures
According to a recently released study, foreclosure filings in the first three months of 2008 rose more than 112% over last year.
Real estate information firm RealtyTrac reported that nearly 650,000 foreclosure filings - which include notices of default, auction sales and bank repossessions - were issued in the first quarter. That represents 1 of every 194 households and marks a 23% increase from the last quarter of 2007.
The news comes despite increased foreclosure prevention efforts by lenders and community organizations. Hope Now, the coalition of mortgage lenders, servicers investors and community groups, announced Monday that it helped over a half a million home owners avoid foreclosure during the first three months of the year. (more…)
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