How to Reduce Your Property Taxes
Even though the real estate market is soft these days, which means property values are probably less than they could be, the decrease in what your property is worth might not to be reflected in how much you pay in property taxes. Property assessments for tax purposes are done on a regular basis, but generally not every year. Instead local governments do their assessments every few years, which means you may be paying more property tax than you really should Continue article...
Property Investment
Investment in property or real estate if made in the right place at the right time can prove to be a boon. It is an excellent investment avenue where one does not need to ponder over the outcome at the end of every financial year. The word “Property Investment” may sound intimidating to rookies in this field, but one need not spend months on understanding the pros and cons. Efficient research and consideration of the key points may facilitate the Continue article...
Who’s Investing in Real Estate?
In the world of investing we often hear talk about being a contrarian, not following the crowd, buying low and selling high. There is currently a subprime mortgage debacle and a housing downturn. So, with real estate as out of favor as it is right now, I’d like to know who’s investing in it.
Recently REITs, on average, have been selling for about 20 percent less than their net asset values. In her article, It’s REIT Continue article...
Real Estate Mania – A History of Home Values
This graph is pretty amazing. It’s pretty obvious that the real estate mania was out of control and that a correction was necessary.(Click for full size, and think twice when considering property investing)
What are REITs?
A real estate investment trust (REIT) is a real estate company that offers common shares to the public. In this way, a REIT stock is similar to any other stock that represents ownership in an operating business. But a REIT has two unique features: its primary business is managing groups of income-producing properties and it must distribute most of its profits as dividends. Congress created REITs in 1960 to make investments in large-scale, income-producing real estate accessible to smaller Continue article...
