| 101. |
Home Style Words in Real Estate Ads – More Explanations
by: Raynor James
Whether you’re buying or selling, reading real estate ads can be confusing. Here are explanations of more style terms used in real estate ads. “Split Foyer” style A home entered by a foyer with a half flight of stairs up to the upper level (where the living spaces and one or more bedrooms are usually located) and a half flight of stairs to the lower level (typically housing the family room and ad... (read more)
• March 2006 •
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| 102. |
Should I Invest in Real Estate While Running an Internet Business?
by: Peter Dobler
Of course you should. I practice this for quite a while and I never looked back. I think this is the perfect combination. You get the best of both worlds. Did you know that 90% of all millionaires made their fortune with real estate and 10% with the internet or the stock market? Well, this doesn’t leave any room for the paycheck workers, doesn’t it? I once read a small phrase that totally changed... (read more)
• March 2006 •
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| 103. |
Should You Use an LLC for Your Real Estate Investing? Probably--and Here's Why
by: Stephen L. Nelson, CPA
Should you use an LLC for your real estate investing? Accountants and attorneys love limited liability companies. But do limited liability companies—LLCs for short—really make sense for real estate investors. Probably they do for two almost unknown reasons. The Big Legal Benefit of an LLC: Limited Liability… The big legal benefit of an LLC is that limited liability companies provide all the same l... (read more)
• March 2006 •
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| 104. |
Understanding Your Florida 2005 Property Tax Bill
by: Daniel Weiss
Real Estate and Tangible Personal Property Tax Bills May Now Be Paid at a Discount Taxes paid--i.e., received by the Tax Collector--during November are subject to a 4% discount; December are subject to a 3% discount; January are subject to a 2% discount; February are subject to a 1% discount. Taxes paid after March 31 are delinquent and are subject to penalties and 1 1/2% delinquent interest per... (read more)
• March 2006 •
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| 105. |
Descriptive Terms in Real Estate Ads – More Definitions
by: Raynor James
If you are buying or selling a home, the chances are good you struggle with the meaning of descriptive real estate terms. Here are explanations and definitions for more terms. “Shed Dormers” These are often seen in Dutch colonial style houses and are flat roofed dormers. Sometimes these dormers are single windows, but often they are two or three windows side by side with one flat roof. “Blind Dor... (read more)
• March 2006 •
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| 106. |
A Secret to Real Estate Profits – Follow The Builder
by: Raynor James
As the real estate market cools, the profit potential of home ownership has cooled as well. Here’s a strategy called “follow the builder.” It is relatively easy to make a profit when you sell your home if the market is rising sharply like it has been in most of the country for the last three years. It becomes more difficult when a hot market slows down. It’s very difficult to make a profit on the ... (read more)
• March 2006 •
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| 107. |
Rental Property Investment - Finding The Properties
by: Steve Gillman
Rental property investment starts with finding the best deals. To do this, you can increase your odds by finding more deals. Who's more likely to get a cheap apartment building, an investor that looks through the MLS listings and calls it a day, or the one that uses ten resources? Here are those ten: 1. Look in old papers to find "For Rent" ads. Call if they are a few weeks old. The landlord m... (read more)
• March 2006 •
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| 108. |
Real Estate Team - Building One
by: Steve Gillman
I didn't understand the concept of a real estate team at first, so I had a hard time with real estate investment. I tended to be a "lone wolf," trying to do too much myself. I have since learned that in real estate, you need a team of people you can trust and rely on. Here are some possible team members, and what they need to be on the team. 1. A mortgage broker or banker. A broker can offer m... (read more)
• March 2006 •
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| 109. |
Categories of Real Estate Investment
by: Steve Gillman
Below are ten categories of real estate, and different ways to invest in them. The best one for you is something only you can decide, according to your particular needs. To help you do that, I list a couple good points and bad points for each type. 1. Renting single family homes. Good points: An easier way to get started, and good long term return on investment. Bad points: Being a landlord isn... (read more)
• March 2006 •
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| 110. |
Refinancing Real Estate Investments
by: Steve Gillman
Why should you consider refinancing real estate investments instead of selling them? Maybe you've owned a rental property for years, you've paid down the mortgage, the value is up, and you want to cash in on that equity. You will do better to refinance. Here's why. There are two problems with selling. First, selling means paying a large capital gains tax. You can avoid this if you reinves... (read more)
• March 2006 •
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