Friday, March 30, 2007

Rental Properties


Owning rental properties have been gaining popularity.  Not everyone is cut out to be a landlord. It takes a special person

When you finally decide to buy rental properties the work has just begun.   Finding a profitable rental property usually takes time, connections and plenty of research. 

The longer you plan to own the property, the more you\'ll probably need to invest in maintenance, repairs and improvements.  It takes a lot of money to make money.  If your planning on keeping it for 20 years at some point it is going to need a new roof, water take, and other incidentals

And after all you have put into your rental property if it becomes to much to handle you always can keep it as your own

 

Tuesday, March 27, 2007

Booming Alaska!


I know a place where the real estate market isn\'t slow- it\'s in Alaska!!
I spoke to a secretary in a Real Estate office in Anchorage last week. She was studying for her license. She told me that Real Estate was selling there, unlike the rest of the US.

May be global warming is making  the area more attractive. It\'s still plenty cold up there- wind chills of -70. We know some people who live up there and cannot wait to come back to the Southeast, ASAP!
 
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