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First up:The loss of tax deductions. In most cases, people who lack a mortgage pay more federal and state income taxes than those who qualify for a mortgage deduction.
A Mortgage Calculator illustrates this point: Assume that a buyer is currently paying $1,500 per month on a rental. If the buyer purchases a $300,000 property with $30,000 ...
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The National Multi Housing Council projects the number of "households that rent" will increase by four million over the next 10 years, with half of them renting apartments in properties with five or more units.
Looking back at 2007, the group said the number of renters in professionally managed apartments ...
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*Updated March 11, 2008
Investors (Foreign and Domestic):
There are some very real investment opportunities in the Los Angeles CA area involving Multi-Unit Residential properties.
As a Buyer, if you are not ready to make a home purchase, you can still own a piece of the dream in Los Angeles through an investment strategy.
Los Angeles ...
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Due to my efforts in optimizing my website www.LAexclusiveProperty.com I am speaking with more and more International Buyers that are beginning to consider real estate investments in California. The reasons for this traction are the weakened dollar and market dynamics in this state. Home prices have peaked, Supply is the best in more than 10 ...
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