Jeannie Niles Real Estate Investment
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Inc. Magazine's Best Places for Business in 2005
In their May edition, Inc. Magazine has listed the Best Places for Business in 2005.
Out of 274 cities, Riverside-San Bernardino moved to 6th place from 7th last year and San Diego moved up to 22nd from 34th last year. Two-thirds of the scoring was attributed to job growth with the remaining third for other types of growth.
This information supports my feeling that the best place to invest at present is Southern California, and especially the Palm Springs and San Diego areas. Los Angeles was ranked #153, NYC was 184th and Muncie Indiana received the “last place award.”
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Income property has once again become “Income property”.
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There are many small income properties available in the area. Prices here have declined over 50% since the peak of the market late 2005/early 2007.
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It’s possible to obtain some great apartment financing. 25% down payment and interest rates at 6% or slightly below.
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Cap Rate is an investment tool for analysis that enables an investor to compare one investment to another.
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Cap Rate is the best tool for determining the value of an income property.
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Some of the most outrageous episodes in property ownership that the owners lived to tell about.
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Only 5% sales agents or brokers actually own investment property, and only 10% actually sell a property.
Every investor's situation is unique, and I have over 25 years experience solving problems. Use the form below to ask me about your unique needs.
Jeannie Niles Real Estate Investment
P.O. Box 317
Palm Desert, CA 92261
P: (760) 360-4020
F: (760) 340-9069
E: jniles@realestate-investment.com
