Property will only serve as a good investment when it helps you achieve your financial goals. Therefore, when considering property as an investment you must be practical and maximise the financial advantages of your investment. Detroit represents an excellent investment hub as the city offers investors cash flow, potential capital growth and tax benefits.
Historically I've been a stock market investor but with the wild swings to the market over the last few years due in large part to the meltdown of the financial sector and the current recession that we are still in right now during the first quarter 2010, I've moved much of my investment activity into real estate.
Sometime in January, Promises of 75 degree weather, fresh tropical breezes, and lots of sunshine sound like heaven. Begin making preparations to leave the bitter cold of our northern states and head south. We Snowbirds begin to think longingly of our Singer Island, FL, condos.
AP - Among the earnings stories for Friday, Feb. 26, from AP Financial News:
AP - Among the earnings stories for Friday, Feb. 26, from AP Financial News:
AP - Fannie Mae needs another $15 billion in federal assistance, bringing its total to more than $75 billion. And worse, the mortgage finance company warned its losses will continue this year.
U.S. News & World Report - After a big drop in December, sales of existing homes fell again in January--a development that renewed concerns about the outlook for a real estate recovery. The National Association of Realtors reported today that sales of previously owned homes fell more than 7 percent in January from the previous month. This puzzled many economists, who had expected sales to be stronger in the wake of December's 16 percent month-over-month plunge. "This is a surprise," Ian Shepherdson, the chief U.S. economist at High Frequency Economics, said in a report. ...
When considering property as an investment, you must be practical. Property only serves as a good investment when it helps you achieve your financial goals. And because each property has different things to offer the would-be investor, you need to know what you are getting into.
After she retired as a high school Principal last year, Phyllis was looking for something to do where she could give back to her community, as well as contribute financially to her family. To fulfill her financial goal she started doing fix-n-flips in the Denver area with some success, but that kind of investing wasn't completely satisfying her personal aspiration.
If you can get a deal that a hard money lender will finance, then you can darn well get private money. Private money is going to cost you far less than hard money. Since profits are the name of the game, I'm not sure why people want to flush money down the toilet.
Friday, March 5, 2010
0 Comments