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Lake Forest - 25212 Shadywood - SOLD

$380,000 - SOLD

RARE CONDO FIND...This home is a house that happens to be attached to another house. Lots of space to spread out with a nice yard to relax in after a long day. Extremely private living areas. This is a fantastic value for this size home. This is a short sale.

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Santa Ana - 1130 Baker Street

$335,000

SHORT SALE - A block from Mater Dei High School this charming home is a perfect starter for a first time buyer or a great rental. The property has been partially updated with recessed lighting and tile floors. Lots of space with a detached two car garage and long driveway to park a boat or RV. It's in great shape.

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Lake Forest - 26178 Serrano Court - BACKUP OFFERS

$225,000

Short Sale - Super clean, 2 bedroom condo central to everything. SHORT SALE Open the front door to a light, open, airy living room, tastefully decorated to give that relaxed comfortable feeling. Cute kitchen and dining area open up into the living room. Immaculately maintained, this condo sits central to all of Orange County, 10 minutes to Irvine and 15 to South County. Priced to sell First time home buyers and investors welcome.

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Investor's Guide
Managing Your Income Property Print E-mail
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Written by Clancy Fort   
Thursday, 29 November 2007
Owning income property is having a small business that runs out of your home. It has products (rental units), inventory (vacant units) and expenses. You have customers, your tenants.
Last Updated ( Monday, 14 April 2008 )
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What is a Mature Property? Print E-mail
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Written by Clancy Fort   
Thursday, 29 November 2007
What the heck is a mature property? A mature property is a property that has a positive cash flow over a 12 month period after all of the expenses has been paid. Most investors like to buy properties that are mature from the moment they close escrow. This isn’t necessarily practical in many real estate markets in the US depending on your market you might be looking at 12-18 months. So, how do you mature the property? Get more income or get more equity.
Last Updated ( Monday, 14 April 2008 )
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Why Should I Invest in Real Estate? Print E-mail
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Written by Clancy Fort   
Thursday, 29 November 2007
Real estate is one of the most uniquely beneficial investment vehicles available and also one of the safest investments you can make. You don’t hear of very many real estate investors going bankrupt. How come? The real estate market moves slowly and because it moves slowly it gives you the time to protect yourself against adverse markets.
Last Updated ( Monday, 14 April 2008 )
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What is Boot? Print E-mail
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Written by Clancy Fort   
Thursday, 29 November 2007
The devil is in the details. Boot is the profit from an exchange that occurs when a seller exchanges a property for a property of less value or a mortgage of less value. There are two kinds of Boot, the Cash Boot and the Mortgage Boot. Sounds simple but this can get complicated easily. Let’s make it simple. Here are a couple of examples…
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Tax Benefits of Real Estate Investment Properties Print E-mail
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Written by Clancy Fort   
Thursday, 29 November 2007
Wow…do you get lots of great tax breaks. Real estate income properties are mini businesses and are treated as such in the tax code. I AM NOT AN ACCOUNTANT, SO CHECK WITH YOUR ACCOUNTANT to see how this might benefit you. Here are a few of the major tax items that work in your favor.
Last Updated ( Monday, 14 April 2008 )
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