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Land For Sale

So You Think Bigger is Better? Better Think Again

The misconception “bigger is better” is never more revealing than when the home buyer prepares to sell the house later down the road. Buying a bigger or the largest home in the neighborhood often proves to be a poor judgment call for the buyer.
When it comes to purchasing real estate, location, location and location should always be at the forefront in the buyer thought process. Even if you find the prime location and community, buying the largest home in that community may turn out to be a serious mistake.
In addition to location being a key factor in your buying decision, square footage is another consideration. Many home buyers, especially engineers, look at price per square foot of a home.
Let’s say a neighborhood community is made up of 100 homes. The area is a master planned community with parks, tennis courts, a good school district, close to shopping, …

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Land For Sale

Four Benefits to Investing in Income Property

Investing in real estate is an excellent way to diversify any investment portfolio. There are four major benefits when investing in income property. And over time, each of these benefits become more and more valuable. We’ll cover how each aspect can reap great rewards for your real estate investment.
Capital Appreciation
Capital appreciation is the increase in value from the price of the real estate increasing. In other words, as the property rises in value your investment value also rises. Add to that increase the effect of leverage and real estate can offer large returns. For example, suppose you purchase an apartment building for $500,000 and take out a loan for $400,000. Now, assume that in five years the value of the apartment increased by $100,000 to $600,000. The capital appreciation on your investment is $100,000. The return is $100,000, which equates to a 20% increase in value. However, the …