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Nesgroup address: misc.invest.real-estate - Date & Time for the message: Sun, 13 Mar 2005 17:02:16 GMT
/ Author of the message: "Don" |
Title of the message: |
Re: Buying a second house
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Text of the message: |
"John A. Weeks III" <john@johnweeks.com> wrote in message news:john-664F04.00494113032005@ip-lcc.supernews.net... > Happening just once can be a disaster if you are not prepared for > it financially. Over a period of some twenty plus years, my wife and I have invested in rental properties in several cities, some thousands of miles from our personal residence. Only a few of all the bad things on your list of ten bad things have ever happened to us, at intervals of perhaps two or three years, and never more than once at the same property. None of them have been financially serious enough to impact long term profitability. > People should go into the landlord business knowing what they > are getting into. In any case, being a long-distance landlord > is a very bad idea, especially for a newbie. Many people have > the idea of keeping one house when moving and buying a new house, |
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Estaplace.com is one the Ceglia Giovanni projects, started on 20 July 2005, and online since 20 August as a real estate platform for listings, mainly operating on the Italian and American/English market in the Internet, Estaplace would like to become the point of referiment for home sellers and home buyers, a site where private owners or real estate agencies can have the possibility to show their offers to the world. Estaplace.com is only one of the Giovanni Ceglia's sites. Everyday Giovanni Ceglia works to improve new Internet tools and services for online marketing and business. Estaplace.com will become the biggest portal for real estate business and investments online.