January 30, 2012
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Excerpt: Cheap Houses For Sale We found cheap houses for sale all over the country. My wife Ana and I were on a seven-week drive around the country. It was a vacation, but we looked at houses too, and bought one in a great little town in the mountains of western Montana. It cost $17,500, and after $2000 to fix it up, we lived there for several months before selling it for $28,000. We loved Anaconda. Where else can you fly fish, go to a three-dollar movie in a beautiful old art-deco theatre (the 5th most beautiful in the country, according to the…
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January 30, 2012
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Excerpt: There are rumors and opinions that the Las Vegas real estate market is heading for a crash. I beg to differ. I agree that the rise in rates has not been as high lately as it was in the dizzy days of the past two years, but that is because certain projects were overpriced and if there is a drop, it is only making the prices more realistic. Investors in Las Vegas properties will still make a decent profit because the number of people coming to Las Vegas is only increasing everyday. Las Vegas real estate investors should expect a…
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January 30, 2012
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Excerpt: It’s finally happening. The recent repeated warnings of economists and industry watchers predicted the housing boom of the 2000s is winding down. The recent news is full of reports about slowing existing home sales, rising inventories, longer selling cycles and lower asking prices. So if the housing market finally appears to be cooling down, commercial real estate investors should take notice. Here’s why: There’s a strong connection between the residential boom and the health of the four key commercial sectors retail, multifamily, office and industrial. Soaring home prices and low interest rates have enabled millions of homeowners to…
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January 28, 2012
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Excerpt: When you buy a real estate in Maryland and sell it for a higher price, the difference between the selling price and the purchase price is known as capital gain. In other words, profit from selling a property for a higher price is the capital gain on the property. Capital gains may be short-term or long-term. Short-term gain: If you sell your property within 3 years after purchasing it, the gain is called short-term capital gain. Long-term gain: When a gain occurs from selling a property after 3 years of its purchase, it is a long-term capital gain….
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January 28, 2012
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Excerpt: For the last five years, owners of California real estate have been hitting the ball out of the appreciation ballpark. Yes, a real estate market on steroids. California California is heavily populated from north to south along the coastline, but they state offers significantly different ecologies. In Northern California, one is much more likely to see signs of the four seasons, get cold temperatures and more historic feel in locations such as San Francisco. Southern California, on the other hand, has an extremely moderate climate with temperatures rarely dipping below 60 degrees even in the winter. Rainfall is also scant with…
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