investment property: When buying a home, consider the resale value. - 01/19/08 08:51 PM
Sure, I might be jumping the gun a little. I know you haven't even purchased the home yet or moved in for that matter, but consider what happens if you want to sell it later. How do you choose a home that has a good resale value?
We all want homes that … (0 comments)
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investment property: SOLD - xxx Dan Street, Camano Island WA - 01/12/08 09:54 PM
Is a custom built rambler in a friendly neighborhood that offers private beach access to 3 community beaches & a clubhouse in your future? It could be.
Enjoy stunning sunrises from this ideal level corner lot offers access from both Dan Street and Elhardt. Soil test completed May … (8 comments)
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investment property: SOLD! 514 Dan Street, Camano Island WA - 01/12/08 08:48 PM
What's in your future? First Home, Retirement, Investment...
You've found the deal you've been waiting for! Whether you're a first time home buyer just starting out, getting ready for retirement or looking for a reliable, low maintenance investment property, you have found it! Home was professionally inspected prior to renovation and … (2 comments)
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investment property: Vacant home… but who’s been inside? - 01/05/08 11:41 PM
Recently I ran across a situation that left me a little nervous and got me to thinking. With so many vacant homes on the market (both rentals and for sale) how can we make sure they are safe?
I received a call from a client who was driving by a home that … (21 comments)
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investment property: Investors. Don’t Get Stuck in the Dark. (Part 5 - final) - 01/03/08 09:34 AM
To wrap up this series on investment properties, let's take a look at some final pieces to keep your investment an investment. If you haven't read previous articles, start here for some worth while information on how to look at investing.
Investment-Income Producing Properties are a wonderful thing to have. While everyone … (4 comments)
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investment property: Investors. What's a Good Value? (Part 4) - 01/01/08 10:56 AM
If you are just tuning in and are interested in investment properties, take a minute to browse through my previous articles before you get started. Part 1 - Tips for First Time Investors. Part 2 - Is it a Good Rental? Part 3 - How Long is Your Horizon?
So, you've found … (7 comments)
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investment property: Investors. How long is your horizon? (Part 3) - 01/01/08 10:39 AM
As with any investment, part of planning is knowing how long you are going to keep it. If you plan on keeping a property for 20 years, chances are you're going to have to replace the roof, water heater and other items with a limited lifespan. If you plan on keeping … (2 comments)
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investment property: Investors. Is it a Good Rental? (Part 2) - 12/30/07 08:13 PM
So, you've decided it's time to purchase an investment property. How do you know if it's a good rental?
There are a couple basic items to consider when looking at an investment property. Just like in real estate, rentals are about location, location, location!
If you are considering a full-time rental property, … (2 comments)
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investment property: First Time Investor? Some things to consider. (Part 1) - 12/30/07 04:18 PM
Now is the perfect time to begin investing in real estate. Many buyers are sitting on the fence waiting for things to change and talk about how our market is "down." In reality, you now have more negotiating power than ever.
If you are a new investor starting out, I recommend starting … (6 comments)
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investment property: Investors or Anyone. Don't put all your Eggs in One Basket. - 12/30/07 02:41 PM
Now is the perfect time to consider investing in the real estate market. But, you should NOT just run out and buy the first property that comes along. There is some planning that you should do first.
With that said, don't put all your money into one basket. In order to invest … (0 comments)
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investment property: Why Real Estate is Better than Stocks. - 12/29/07 06:00 PM
The thing I love about real estate is that it allows you to leverage your money. Here's what I mean.
Let's say that you have $40,000 to invest.
Option 1. You find an income producing property, maybe a little run down that is only $200,000. You put 15% down, or $30,000 and … (50 comments)
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investment property: Foreclosures. Do Your Research! (Part 4) - 12/27/07 05:40 PM
Thorough research should be REQUIRED if you are interested in purchasing a foreclosure. This is research that you need to have completed before the morning of the auction. Purchasing a property without doing your research can result in very unwanted and costly surprises. Keep in mind that even the most diligent … (6 comments)
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investment property: Foreclosures. How long before it’s mine? (Part 3) - 12/27/07 05:37 PM
If you are considering buying a property at a tax foreclosure auction, there are many RISKS you should be aware of. Remember, auctions are BUYER BEWARE sales. I can't stress that enough. The County will make no representation about anything regarding that property, so it's up to you to deal with … (0 comments)
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investment property: Buying a Foreclosure? Think First. (Part 2) - 12/27/07 05:33 PM
There is a misconception out there. Many beginning investors and homebuyers automatically think foreclosures are a good deal. Unfortunately, I'm here to tell you they rarely live up to the "hype" and they are certainly not easy.
Sellers who go into foreclosure will stop making payments for a variety of reasons. … (3 comments)
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investment property: Foreclosures. It goes back to supply & demand (Part 1) - 12/27/07 05:29 PM
Think about it this way. Real Estate is all about supply and demand. In my area, almost all short sales and foreclosures are listed through our multiple listing service. These homes are available on the market, just like all the other homes in the area. Good investors do not like to … (2 comments)
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investment property: Sellers, how do you compete against DESPERATE sellers? - 12/20/07 06:33 PM
I recently had the situation arise where a buyer I was working with was drawn away from a beautiful home, for the chance to buy a short sale. Unfortunately, this is not the first time I have seen this and it got me to thinking. How are my sellers supposed to … (16 comments)
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investment property: We live in a litigious society. Be cautious. - 12/19/07 02:20 PM
I love selling real estate. Each day, I wake up and I'm excited! I get to sell real estate!
Unfortunately, our society is a very litigious one and we need to take precautions to avoid misunderstandings down the road between all parties involved.
Here are some points I always consider to help … (12 comments)
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investment property: There is no secret plan. - 12/17/07 04:52 PM
There are more and more companies than ever before that will show you the "secret to success in real estate." Add to that the issue that so much information is available online, everyone has become an "expert" in real estate and you have quite a mess on your hands. Today, not … (13 comments)
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investment property: Buy this Equestrian Property, & I'll Include a Beach! - 12/13/07 07:16 PM
418 Tillicum Way, Camano Island WA 98282
Talk about perfect! From the minute you enter this custom built home, you'll feel like you belong here. Gorgeous views surround! Enjoy the scenery and horses or majestic Mount Baker and Skagit Bay. Step outside in the fresh air and you'll find a pristine … (9 comments)
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investment property: Real Estate 101 - 12/11/07 03:13 PM
I was recently reading an article by Denise Lones, MIRM, CSP with The Lones Group in Bellingham, WA and boy did she hit the nail on the head!
Real Estate follows the rules of basic economics - supply and demand. The supply and demand in real estate is the same as the … (11 comments)
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