A client of mine is beginning the process to purchase a vacant lot to build his new home. As expected, he has many questions about how to do find the right property and then what to do with it once he has found it. After searching the web for a good website that explains the [...]
Tag Archives: real estate investment
Real Estate Rebound Expected in 2007
Doug Duncan, chief economist for the Mortgage Bankers Association, expects the 30-year mortgage rate to hover around 6.5 percent for the remainder of the year, but climb to 6.8 percent by the end of 2008. Duncan is "optimistic about a rebound" in the housing market next year, citing still-low long-term interest rates, robust capital expenditures, [...]
One Tip Every Real Estate Investor should Know: 1031 Like Kind Exchange
The best tip I can give a real estatate investor or someone who has inherited real estate is simple…learn about and use the laws defined in section 1031 of the Internal Revenue Code. The tax savings can be immense and the rules are simple and easy to follow. If you ever plan to sell one [...]
Things will get worse before they get better.
If you read the local newspaper in Cherokee County, you will find many new planned developments for both residential and commercial real estate. If you read further, you will find most of the people interviewed or sending letters to the editor are complaining. They are complaining about traffic congestion, overcrowding of schools, degrade the environment, [...]