Real Estate Investing
by Kyle Koller
| November 23, 2009
One of the many benefits of real estate investing is depreciation—the loss in the value of a building over time due to wear and tear, deterioration and age. Depreciation can only be applied to the building, not to the land. After all, land does not wear out over time. Luckily for real estate investors, building [...]
Read the full article →
Real Estate Investing
by Craig Grella
| October 23, 2009
To recap Residential Land Development Part 2, we discussed the importance of performing an economic feasibility study with cost estimating to determine a max price land offer and whether or not there is enough profit in your potential deal to warrant spending more time on it, or actually developing the land.
Assuming you’ve done that initial research and arrived at the conclusion your numbers look good, you’re ready to go back and do it all over again. This time you’re going to be more exact with your numbers. To do that, you’ll really need to hone in on the potential design of your house, and to do that you need to research what’s possible on your lot. You do that by learning all you can about the zoning codes in your city. These are the third and fourth steps in the residential land development process.
Read the full article →
The 14 Coolest Real Estate Stories of 2006
by Joshua Dorkin | December 29, 2006We went surfing through Digg to find the most popular real estate stories from the last year. Here are the 14 coolest real estate stories that we could find among the masses of submissions:
The next real estate boom
” Picture the scene: it’s 2025, and you and your family are living in a beautiful, leafy-green [...]