Monday, December 15, 2008

Investing In Lakeshore Rentals



REAL ESTATE ALONG THE SHORES OF LAKE MICHIGAN - from the desk of Daniel Way

Even in challenging housing markets building wealth through Real Estate investing can provide long term appreciation and short term gains. Some of the smartest Real Estate investments are incoming producing property.


Purchasing homes in Lake Michigan shoreline communities such as South Haven, Saugatuck and St Joseph Michigan has many benefits. While enjoying your second home you can also enjoy the benefits of income from weekly rentals during the summer months. Summer typically is the best season for producing high returns on you real estate investments.

My three B's are :

1. BY IN THE RIGHT LOCATION. Purchasing properties on Lake Michigan or with Lake Michigan access, walking distance to town and to stores and activities are all very popular with renters and insure excellent appreciation.

2. BUY THE RIGHT PROPERTY. Maintenance free exteriors are very popular. Three bedrooms are desired with 1-2 baths minimum. Homes with porches for outside family gatherings are recommended. Cottage style looking homes are very popular.

3. BUY AT THE RIGHT PRICE. While it may seem obvious there are many factors to consider while looking for a good value. Today is an excellent time to buy real estate at very reasonable prices. It should always be a part of a good portfolio. As always, Real Estate Greatly Increases Your Chance For Wealth And A Secure Future!

Dan

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