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investment: Living Well Below Your Means - Minimizing Monthly Expenses - 03/28/11 07:13 PM
So, I had a client who was a little savvier than some & who had a desire to reduce his monthly expenditures significantly. He’s a single guy who has been spending just under $1,000 a month on rent. We’ll call him Joe for the purposes of this blog entry. Joe is a regular guy who doesn’t need or desire anything fancy. He just wanted a place he can lay his head, that’s centrally located in the heart of Atlanta (only 5 minutes to his office), close to the nightlife of Buckhead & Midtown, preferably a gated-community, with reasonable HOA fees.
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investment: Buy a House Cheaper than a Car in Atlanta, GA! - 03/07/09 11:45 AM
This week I wrote a contract for $10,500 for a 2 bedroom 1 bath home. Of course it needed work, the investor had bids of roughly 15K to make the home livable. THINK ABOUT IT. For less than $30,000 - someone is going to be living in a 2 bedroom/1 bath home.
Yes, that's an incredible rental property that will have a positive cash flow of a few hundred dollars NET every month from day 1, never mind the land appreciation in the coming years. (The home is less than 1 mile from the Georgia Dome, CNN Center, Philips Arena, the … (1 comments)
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investment: Calling All Investors to Atlanta - CASH IS KING! - 01/12/09 07:17 PM
As someone who studies & observes the market on a daily basis I am consistently blown away by the opportunities presenting themselves for investors to take advantage of. Depending on their investment strategy (buy & hold - long term rental; buy, lipstick fix, short term rent, large renovation & flip; or buy & flip; buy, assemble & develop)
I'm seeing incredible opportunities in Dekalb County, Fulton County, Clayton County (yes - the school system nightmare creates opportunities for the right type of investors), & Cobb County. The City of Atlanta has opportunities that will blow your mind! There are multi-family dwellings … (2 comments)
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investment: Historical Comparison of Buyer's Markets - 12/13/08 09:34 AM
This time in history is not merely unprecedented, it's NEVER HAPPENED, NEVER. There have been 2 buyer's* markets in recent history. (A buyer's market is defined by high inventory, and typically marked with lower prices)
1) 1978-82 - early 80’s rates were 18%!!!
2) 1989-1992 – early 90’s rates were 10%!!!
NEVER have we had both high inventory/lower sales prices and low rates simultaneously. If you know ANYONE NOT IN A HOME, OR ON THE FENCE ON INVESTING, I’d be happy to help so please send me there info. IT DOES NOT GET ANY BETTER THAN … (0 comments)
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investment: Historical Comparison of Buyer's Markets - 12/13/08 09:33 AM
This time in history is not merely unprecedented, it's NEVER HAPPENED, NEVER. There have been 2 buyer's* markets in recent history. (A buyer's market is defined by high inventory, and typically marked with lower prices)
1) 1978-82 - early 80’s rates were 18%!!!
2) 1989-1992 – early 90’s rates were 10%!!!
NEVER have we had both high inventory/lower sales prices and low rates simultaneously. If you know ANYONE NOT IN A HOME, OR ON THE FENCE ON INVESTING, I’d be happy to help so please send me there info. IT DOES NOT GET ANY BETTER THAN NOW … (0 comments)
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investment: Real Estate is the most ABLE investment & this is the time to take ADVANTAGE! - 12/10/08 06:53 PM
One of the best pieces of advice I've heard is "Money & Opportunity lie on the other side of fear."
The fact is that in a world filled with media focusing on perpetuating fear, they've got people fooled on how to truly make wise decisions - especially when it comes to their investments.
Let's be honest, when everyone is excited, you should be aware the bubble will probably soon burst, and when everyone is running away in fear b/c the bubble burst, you need to be excited about the incredible investment opportunities where real wealth is created. Everyone has heard "Buy … (0 comments)
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investment: Real Estate is the most ABLE investment & this is the time to take ADVANTAGE! - 12/10/08 06:53 PM
One of the best pieces of advice I've heard is "Money & Opportunity lie on the other side of fear."
The fact is that in a world filled with media focusing on perpetuating fear, they've got people fooled on how to truly make wise decisions - especially when it comes to their investments.
Let's be honest, when everyone is excited, you should be aware the bubble will probably soon burst, and when everyone is running away in fear b/c the bubble burst, you need to be excited about the incredible investment opportunities where real wealth is created. Everyone has heard "Buy … (0 comments)
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Michael Neville - Intown Atlanta Realtor
Atlanta,
GA
More about me…
Keller Williams Realty Atlanta Midtown
Address: 1420 Peachtree Street NE, Suite 100, Atlanta, GA, 30309
Office Phone: (404) 604-3116
Cell Phone: (404) 310-8364
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