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Rental Property


Super Bowl ... Super Bucks!
I am much more interested this year considering my Steelers are one game away from the Super Bowl!  It always interests me what sort of impact a major event like the Super Bowl has on a city...apparently some people are cashing in in a large way!  All I ask for is the chef and maid service...you can have the house... 
 
Here is what $40K can get you for the weekend...
 
Over 12.000 square foot house.  5 bedrooms all with their own bathrooms.  Indoor basketball court, indoor trampoline.  Steam room, exercise room, tanning bed, hot tub, pool, movie room with 150 inch screen.  Outdoor kitchen with fireplace and gas fire-pit.  Right on Lake Ray Hubbard (22,000+ acre lake.). It includes maid service and a chef..27 miles to Downtown Dallas.




Here is what $4,500 for the weekend can get you ...

Completely remodeled, very contemporary 2 bedroom/1 bathroom house 1.8 miles from Cowboys stadium for rent for the 2011 Super Bowl (less than a 5 min drive)!!! Fully furnished with bar area in between kitchen and living room (hardwood floors,and tile throughout house),  washer and dryer,all-new kitchen with all stainless steel appliances (stove, fridge, dishwasher, and microwave plus matching kitchenware) and Italian tiling on floor and backsplash completely remodeled bathroom with air-jet bathtub, granite vessel sink and beautiful stone tile to accent oil-rubbed bronze hardware 42 inch Sony HDTV flatscreen in living room

Click Photo To View Portfolio

Source: http://www.majoreventrentalz.com/Super-Bowl-Rentals.html
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Need To Update Your Kitchen or Bath: March - April 2008?

Thinking of doing some Spring remodeling or updating in your kitchen and/or bath … you might think about picking up a Lowe's Kitchen and Bath card and registering it by 3/16/2008.  Every $1,000 you spend by April 27th, 2008 you will be mailed a $100 gift card after the promotion is over. 

 

If you are thinking about selling, buying, or updating an investment property in the next month or so and you might be buying appliances those extra gift cards will start adding up!

 Promotion Details


INVESTING: Stocks vs. Rental Property ... What is in you future?

I will say it up front ... it is a good idea to be diverse when planning for your future and investing your hard earned money...now that you have heard that again lets go a bit deeper in to investing in stocks verses a rental property…it just might not be a bad move to make for your portfolio!

 

Say you have $20,000 to invest…(even though you might be able to buy something with less money)

STOCKS

 

RENTAL PROPERTY

$20,000

cash investment

$20,000

$20,000

value after investment

$200,000
(20% down on property)

$2,000

10% gain on value

$20,000

none unless you are buying the stock in a retirement account

tax benefits

all interest, expenses, utilities, etc.,
 are write offs

company bankruptcy, most likely you loose all your money and claim it as a loss for tax write off

personal hardship   (bankruptcy or house fire)

you have insurance on your property and it is rebuilt, you are compensated for loss of rent during the rebuilding process

a long time for recovery and little or no gain on your value when or if it
bounces back

economic hardship
(poor economy or recession)

most people need a place to live and your investment is being paid off by someone else

 

My Opinion…

Be creative with your portfolio, look into buying a rental property you might be surprised how much faster you can build your wealth and nest egg for the future.  In 30 years even if the housing market does not increase 1% (even though that is highly unlikely) you still have a house that was paid for by someone else, you will have received 30 years worth of major tax benefits, and the toughest decision you will be faced with is …

 

1. Do you sell it and take that $200,000 or more to the bank?

OR

2. While it is paid in full do you supplement your income with a nice rental check each month?

 



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