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Recession Does Not Have to Stop a Boomer Retirement

July 3rd, 2009

Have your plans for an early boomer retirement been smashed by the current recession?  Have you watched your 401k and other retirement funds ravaged by this economic downturn?  Is it clear to you how you will still be able to retire?

Many baby boomers wonder whether they have accumulated enough money to retire comfortably.  Most worry thier retirement savings will not last the 20 to 30 years they expect to live after retiring.

What can be done today to correct this?  What adjustments can we make to ensure a comfortable life near our family and friends throughout retirement?

Consider this simple 3 step plan to squeeze the most out of your retirement nestegg.  You may find this to be the recession beating retirement plan you were looking for.  The 3 steps include:

  • Make the move from the city to a smaller hometown nearby
  • Move your real estate investment to rural properties with character and charm
  • Participate in high-activity, low cost hobbies and pastimes

One solution to all three recommendations is to make the move to the perfect small town.   According to Money Magazine, about half a million Americans in their 60s make the move to new hometowns each year. For many this is the first time that they have been able to choose a community they actually like, rather than one driven by jobs, commutes and schools.  The right move will meet all three criteria and allow you to drastically reduce your cost of living without sacrificing lifestyle and comforts.

Take for example, the small town Alabama mountain property located centrally between Atlanta, Birmingham and Chattanooga in Northeast Alabama near Cedar Bluff, Alabama.  This area offers some of the most breathtaking Weiss Lake property mountain views in the Southeast, at a fraction of the cost of similar property in North Georgia and North Carolina. Lower property taxes, lower cost of living and more reasonable property prices are critical in preserving limited Boomer Retirement funds. For example, property prices in The Bluffs of Weiss community still remind me of bargains that could be found 20-30 years ago at Lake Lanier, Lake Rabun, and Lake Chatuge.

The breathtaking nearby natural canyons, rivers, lakes and inexpensive golf courses nearby assure the active Boomer retiree plenty of diversity.  Just in The Bluffs community alone, you have access to over 1000 acres of hiking trails, and other recreational facilities overlooking the 30,000 acre Weiss Lake with over 450 miles of shoreline.

“Location” is everything with real estate investment.  Mountaintop living overlooking Weiss Lake in Northeast Alabama is a dream real estate investment that can literally change your life for the better.

For a complete list of over 50 great Weiss Lake property day trips check this page.

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Real Estate Investment Property – The Basics

July 2nd, 2009

When you are looking to purchase real estate investment property, normally, you should view it prior to settling on the idea that this is it However, there is an art to doing this because if you miss something important, it can prove disastrous for you. Not only will your property not make you any money, but you may actually lose money. This information is relative to common real estate investments which you may consider buying.

Real Estate Investment Property - Take A View of the Area

The community and the property itself are equally as fundamental.If the potential residential real estate investment is nice but the area around it is not, this is a red flag that you may having trouble renting, reselling, or flipping properties you buy there.

Here is a more significant reason to scout the neighbourhood. You may find out some information that may result in you buying an investment property for a better price by finding out about auctions or striking a deal with the owner In addition, you could discover some investment properties for sale which your real estate agent or the listing hasn’t made you aware of.

UK Real Estate Investment Property - Be Spectacle of Modestly Priced Property

Making a property investing deal should depend upon locating a high grade property from which you can earn a revenue. Not very often, but sometimes an investment property that can be so cheap that you can’t believe you’ve found it. Yet, your assessment is that being frugal I your purchasing is great, specifically when you are in the business of flipping properties.

On the other hand, every inexpensive property isn’t going to be a solid investment, particularly, if it isn’t in good condition. This is the very reason that when you are contemplating investment properties for sale it is a must for you to look around the property with others who can assist you in deciding whether or not it is a valuable investment.

Investment Property UK - Searching For a Nice Location

Of course it’s easy to suggest that someone not purchase property in an undesirable community. Nonetheless, this can’t be assessed by merely looking around the neighbourhood. There is a middle ground Even bad areas can look good on the outside.

So, how does it work that you are buying an investment property by coming up with a reputable neighbourhood and a trustworthy real estate investment? One of several hints to contemplate is to check out others who live near that location.In general, you just want to look for signs that the area is in good shape – no broken windows, people are well groomed, etc See what you can find out from the local authorities about the crime rate status in this community. Contemplate every aspect.

It is sometimes a huge choice to purchase UK real estate investment property It is important to assess the property and the neighbourhood to help ensure your investment will be a good one.

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Investing in Tempe Town Lake

July 1st, 2009

commericial

Tempe AZ is in a land-locked condition which presented a challenge for providing recreational, environmental and economic opportunities for this community. The Rio Salado Project was born changing a barren utility corridor into a beautiful greenbelt with recreation, entertainment and development opportunities for residents and visitors to enjoy. It’s the famous Town Lake. The lake provides the largest usable body of water available to the largest population in Arizona, with resorts, restaurants, retail shops, marina’s, parks and just about every other recreational use possible. Today, more than 2 million people visit Town Lake annually to enjoy all of the activities. It’s also one of Tempe’s best development sites for Tempe real estate.
The density and building heights regulations has been increased. This maximizes land uses and mixed-use developments provide a balance of hotel, restaurant, retail, office, light industrial, residential, entertainment and commercial recreational venues.

More than twenty  agencies and the support of thousands of residents and business organizations have been fundamental to the success of this great project. All of these groups have joined together to carefully blend innovative development with artwork and environmentally sensitive projects which allow The Rio Salado Project to exemplify the history, culture and future for all of us in the Sonoran desert.
The Prehistoric Hohokam Native Americans created an extensive desert valley canal system. There are many signs of this culture that has remained throughout the ruins of their dwellings, unearthed pottery shards and artifacts and carved petro glyphs that exist in the nearby rocks. Their canal system became the foundation for all of the canals seen throughout the valley today
The Rio Salado Project reclaims over eight hundred acres undeveloped land from the flood plain. The Rio Salado Project provides recreation opportunities, attractions for visitors, and economic growth. The Tempe Town Lake, which is between 800-to-1,200 feet wide and two miles long, is the closest lake available to the largest population residing in Arizona.

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It’s Good to Be a Buyer Now

June 29th, 2009

In this slow real estate market, it is harder to sell a home than it is to buy a home. If you want to sell your home, then you probably have to lower your price to compete in the market. A large number of homes stay on the market for months before they are sold nowadays. Some of them are never sold and the homeowners have to let them be foreclosed on because they cannot afford the monthly house payments.

It is important to set the right price for your home. Buyers will often do a lot of research and shop around in the neighborhoods that they like. It is very likely that there are at least a few homes on the market in the area that they are interested in. In the end, it often comes down to the price. The lower the price, the more attractive the home is. Many people lower their prices substantially to sell their homes fast. You can get a free home valuation so that you have an idea of what price you can set your home at. If you have a buyer interested in buying your home, then you should make sure that you make the deal as sweet as possible, because the chances are that, if you do not, your neighbors might.

When investing, buying or selling houses, you may need the help of a realtor. If you buy or sell through a realtor then you usually will have to pay a fee which is a percentage of the price of the home. You will want to find a realtor who knows your market and can find you homes that you might want to consider. Some people work with one realtor whereas others work with a couple. While you can sell or buy a home yourself, a realtor can offer a lot of services that can help you. Nowadays, a lot of million dollar homes are sold for a lot less than their original prices. First time home buyers find that there are extremely cheap homes such as only a few thousand dollars a home. It is definitely a good time to buy and invest in homes if you have the resources to do so.

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What Are the Benefits of a Property Investment Club?

June 28th, 2009

Joining up with a real estate or property investment club is a great idea for an investor who wants to find the best buys—you may even want to start one of your own. These investment groups merge their resources to obtain sizeable volumes of property and the property is resold to the group members at a cut price which is affordable.

You can buy any type of property through such a group. Off plan real estate is the specialty of some clubs; with this property, the building has not started yet. The greatest value can many times be obtained with this property. By joining one of these clubs you can save a sizeable portion of money—perhaps even 25% lower than the commercial value of a piece of real estate.

Property Investment Club : What Individuals Can Gain Advantages From a Property Investment Club

If you have an interest in property investment but you don’t really know much about it, it becomes much simpler, as far as legalities and monetary specifics, if you buy through an investment group. Investment clubs typically handle, or advise members on how to handle the steps involved in real estate investing.

Regardless of one’s experience, it can be beneficial to join an investment club simply to save money. Despite the costs involved in investment club membership (perhaps a membership fee or a fee based on commission for property bought) if you purchase the property without going through a club, you will pay more.

UK Property Investment Club : Where To Search For Investment Clubs

It is imperative to choose an estimable group if you are contemplating this investment method. A person might ask a friend involved in real estate or a lawyer whose area of expertise is real estate for the name of a reputable club.

Some good methods for locating a property investment club would be in a publication for real estate or a financial listing, and also by surfing the internet. Certainly, you may feel overly alert about using the internet as a search tool for finding investment groups, but there are really some dependable ways to do internet research. An investment meeting might be a beneficial learning source. The trustworthiness of any type of company can easily be investigated on he net. If people have been scammed, you can be sure they will talk about it. It is a good idea to select a club that is long in standing so that you can talk to several members.

UK Property Investment : Beginning An Investment Group Of Your Own

You can opt to begin your own real estate investment group. You can do this with several people who would like to combine their money for investing purposes; these people could include your family, your pals, or just people with whom you are familiar. This route has the advantage that you know the people you are dealing with. There will be research that is necessary which you will have to do yourself or have to make certain that someone in the club takes care of it; this is not complicated.

If you decide to start a property investment club, the best route to follow is to locate people who are educated in different areas of this process. For a total package, you must have a developer, an attorney, a designer, and a real estate agent; they can pull their experience together and have an superior group.

You will find an advantage in obtaining membership in or creating a property investment club; it enables you to make purchases that are only affordable through an investment group.

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