Found 2 blog entries tagged as economy.

Buying rental property can be an excellent decision and the better informed you are, the more likely you’ll have favorable results.  The following suggestions can help you with your decisions.

rising homes.jpgReal estate is a long term investment affected by supply, demand and the economy.  It isn’t an investment that is easily converted to cash.  The costs to acquire and dispose of real estate are sizable and need to be spread over years to minimize their effects on the rate of return.

Invest in average price homes or slightly below average price to appeal to the broadest market not only when you are renting but later on when you sell it.  The average price is relative to the market you are in and those specific prices.

Lower-priced homes will rent for more…

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I pulled out my atlas the other day and looked up “Anchorage.” I was checking to see exactly where it was located. It IS the site of the Fur Rondy. It IS the area where the Iditarod, (at least ceremoniously) begins every year. I concluded that Anchorage is indeed IN Alaska! Now that I had solved that quandary, I wondered what did I really know of Alaska. It’s cold. Yet today in February the therometer says “35 degrees F!” Now that’s not cold; not for Alaska. So I looked around for the snow. Alaska surely has snow. And there it was, all of two months old; Snow…and green grass. Green grass in February. This couldn’t be Alaska.
But there it was right on the map. Snow. So I went down to see where the world famous Iditarod Sled Dog Race would start only to be…

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