“Our House” by Crosby, Stills and Nash.
♥ I love real estate (need I say more?). But, I don’t just love owning and “stamping” a home of my own with my personal tastes and decor (although, that’s a great place to start)…I love real estate because it’s a tangible investment. You can see it, touch it, drive by it and, unlike impersonal stocks, bonds and mutual funds…you can love it! Now don’t get me wrong, a well-rounded financial portfolio has all of the above. I just “LOVE” my real estate!! I live in a condo because I work a lot and it’s a life-style choice to not spend what free time I have “edging my lawn”. However, today I spent four back-breaking hours weeding and primping my investment duplex (I forgot how physically taxing gardening can be and how rewarding. I was grateful for the 2 1/2 days of weight classes that I make a part of my weekly work-outs)!! I did this out of love for my real estate. I am not interested AT ALL in being anything close to a “slum landlord”. I take incredible pride in the remodel and upkeep of this property and want it to be “the best it can be”!! Some of my renovation experiences are shared from August ’09, with the successes and challenges . There were also some great remodeling resources and some thoughts on patience!
So, I’m looking fast and furious for my next “big thing”. I am interested in building wealth, planning for my retirement and generating income. A true investment works like this for me: you buy a house, duplex, multi-plex or condo and you rent it out. You make a profit on the rental fees, as well as the natural appreciation of the property over time. “Time” is the operative word here. You buy and hold. The days of buying and flipping are over (or, at least, harder to justify when running the numbers). I have spoken with multiple people with various “formulas” for how they make this work. I, personally, need to see a positive cash flow (tho’ I don’t have a set amount that has to be) in a transitioning area (location, location, location) that I feel has potential for growth and development. And, we haven’t even started discussing the tax implications of the write-offs (that is something to discuss with a knowledgeable CPA or financial planner). I have a “Investment Analyzer CD” that I would love to share with anyone interested ( just write or call) developed by Hector Ariceaga of the First American Title Company. It’s an excellent resource for determining return on investment (with and without appreciation), capitalization rates, gross rent multipliers, more (however you like to “run the numbers”) and it explains the concepts well.
Buying investment real estate for the long-term takes commitment. A long-term time horizon with regard to any investment will get you closer to the average return rate on that particular investment. In other words, the investment becomes less volatile over long periods of time. You’re less likely to miss out by selling during a flukish downswing in the housing market, but you’re also less likely to double your money in a year.
Also, as you hold and rent out a property for a longer period, the portion of your profits that come from rental fees will increase. You’ll strive to have regular tenants and your renters will net you a substantial income over a long period regardless of any short-term changes in the housing market. And, they are paying the mortgage thus increasing your equity in the property while you enjoy the immediate cash-flow!
So, why invest now? Prices in the Portland Oregon real estate market are as low as I’ve seen them in years. Interest rates are at historic lows (and are bound to go up…see my article on the difference interest rates make). The current economic conditions make any remodeling or renovations more affordable. AND, I love real estate!
♥
Agent Profile
My job is service...service to you and your real estate transactions! How can you benefit from my 25 years of experience and expertise? What can I offer to make the process more productive?
* Current information on available housing...comparative and competitive market pricing and analysis
* Daily involvement in the local real estate marketplace.
* Thorough, comprehensive knowledge reflecting years of helping others complete their real estate business.
* Extensive network of professional resources to make the process as smooth as possible.
My commitment is to you! Being available to you...returning your calls...answering your questions...addressing your concerns...respecting your money...matching your timeline...meeting your expectations...helping accomplish your real estate goals!!
JANEESE JACKSON: 503-709-0802 or jj@janeesejackson.com


This is getting a bit more subjective, but I much prefer the Zune Marketplace. The interface is colorful, has more flair, and some cool features like ‘Mixview’ that let you quickly see related albums, songs, or other users related to what you’re listening to. Clicking on one of those will center on that item, and another set of “neighbors” will come into view, allowing you to navigate around exploring by similar artists, songs, or users. Speaking of users, the Zune “Social” is also great fun, letting you find others with shared tastes and becoming friends with them. You then can listen to a playlist created based on an amalgamation of what all your friends are listening to, which is also enjoyable. Those concerned with privacy will be relieved to know you can prevent the public from seeing your personal listening habits if you so choose.