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Things to Consider Before Investing in Real Estate

Prairie Eco-Thrifter

Real estate is a great investment, because as Teddy Roosovelt once said “you should buy land; they’ve stopped making it.” But like any good investor, you need to realize a few important points before jumping into the often confusing real estate market. Real estate is a highly localized investment.

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How is Your Vacation Rental Doing?

Prairie Eco-Thrifter

It seemed reasonable to devote a greater portion to real estate, in order to further diversify our portfolio. We planned our purchase in the heady days just prior to the recession of 2008/2009. We remain diversified in our portfolio and the property has regained it’s value from the ‘great recession’ downturn.

Vacation 124
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Seven Retirement Lessons Learned

Prairie Eco-Thrifter

Then the Great Recession hit so I postponed for a few years. Our alternate income streams include an inherited IRA, real estate rental income and dividends/interest from investments. In 2010, my company was just preparing to do their first round of recession related layoffs. Remember to include taxes as an expense.

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Should You Invest In A Rising Market?

Prairie Eco-Thrifter

We individual investors have all become market skittish since the recent huge recession and economic downturn. When Buy & Hold Works and When It Doesn’t Things to Consider Before Investing in Real Estate The 4 Biggest Myths about the Stock Market Investing with the Santa Claus Rally A Major Problem with the Modern Day Stock Market.

Economy 187
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HELOC Vs Home Equity Loan: How Do They Work?

Savings Corner

If property values decline abruptly or a recession occurs , the lender could reduce your credit line, freeze it or even demand immediate repayment in full. The average mortgage holder now has $299,000 in equity , up from $274,000 at the end of 2022, according to ICE Mortgage Technology, a real estate data analysis firm.

Home 52
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Yakezie Carnival November 13, 2011- November Edition

Prairie Eco-Thrifter

Personal Finance Whiz: Keynesian vs Hayekian Economics – The Solution To Our Recession? Never chase an asset price whether it be real estate, stocks, gold, or anything else. My University Money: Why Is Leverage Only Ok In Real Estate? – Two economic giants square off. One of the biggest lessons is patience.

November 188
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11 Things I learned After Owning a Vacation Property

Prairie Eco-Thrifter

I also wanted a bit more diversification in our portfolio and figured an additional piece of real estate could help that. Although the operating costs are typically covered entirely each year, the opportunity cost of having all that money tied up in a property (which lost value the year after we bought it due to the recession) is huge.

Vacation 100