If you are like me, then you have to wonder how you would choose the right choice when it comes to buying or selling your home or investment property. Well I have just received my interest that my money has earned at the bank...hmmm. Well let's just say this, if I paid cash for a million dollar home, which is a smart thing to do. For one, the rental would be for $4200.00 a month, and a $100,000.00 depreciation off of my capitol gains. Certainly if real estate appreciation continues the same path it has in the past 100 years or so. That would mean that in 15 years I would have collected $4200.00X12=$50,400. Not a bad income! Plus $100,000.00 depreciation. Of course rents always raise after the lease agreement terminates but just for simplicity. $50,400.X 15 years=$756,000. income. Better than want the bank is paying! Searching for a great ocean view home. Actually have a great one at 32431 Seven Seas in Monarch Beach, California 92629 priced at $1,599,000.00. 2280 sqft 11,384 sqft lot with ocean views!
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