Archive for the 'Go Zone' Category
If you are in the know, then you are aware that you MUST buy a piece of property in the GO Zone AND have a renter in place before the end of THIS YEAR (2009). That doesn’t leave you much time to find a GO Zone qualified property in an outstanding location with good income potential.
Well, here is the good news! You have a chance to piggy back off of our hard work for the last 2 years working in the GO Zone. We are aware of all the projects that qualify for this amazing benefit and we can say that this project offers the best combination of benefits than any other in the GO Zone, hands down.
- Positive Cash Flow — $349 per month per unit!
- Outstanding location directly across from a new $900 Million Town Center (jobs).
- Completely Turn Key — with a 24 Month Rent Guarantee from the Developer!
- Invest in one of the best emerging markets in the country.
- GO Zone qualified for huge tax savings from the 50% Bonus Depreciation.
- Possibly offset ALL of your Federal income taxes.
- Appliance package (stove, refrigerator, microwave, dishwasher).
- Full builder’s warranty.
- Property Management Available
- Financing Available
Download the free Property Info-Pak here: Slidell, Louisiana Real Estate Investment.
We just announced our latest real estate investment opportunity located in Ocean Springs, Mississippi.
Predicted by CNN Money to average 5% annual appreciation for the next 5 years. Forbes rated the Go Zone market as one of the Top 3 areas to invest, and Realtor.com rated the Mississippi gulf coast as the number one appreciating market of 2008.
This investment opportunity features a unique 30-month lease-back program that covers 100% of your mortgage payment, property taxes, homeowner association fees, management fees, maintenance costs, and utilities!
We also have several lending options available including some private financing options with 90% to 100% fininacing.
The investment is also Go Zone qualified for the 50% “bonus depreciation” provided by the IRS.
Visit our website and download the FREE Property Info-Pak for complete details, or just click here: Ocean Springs Investment Condos.
Hurricane Katrina was our nation’s worst natural disaster – referred to as the “100 Year Storm”. It destroyed 64,000 homes and 47,000 rental units. But it also may have provided us with one of the greatest investment opportunities of our lifetime.
Prior to hurricane Katrina, the Mississippi Gulf Coast real estate market was showing significant strength due to the expanding casino market, expanding defense industry and baby-boomers looking for more affordable Gulf Coast living. In many respects it offered people a similar but more affordable lifestyle than Florida, at a substantially lower cost.
Following the devastation of Katrina, many construction firms concentrated on the areas needing immediate clean up and repair work. The Governor of Mississippi then announced that there was an urgent need for 100,000 new affordable homes to be built within the following 12 months. But the true rebuilding of single family homes in the area has only recently commenced. There were over 100,000 people living in FEMA trailers. Today 30,000 of those people still live in trailers, and another 40,000 families are living with friends and family due to the severe housing shortage.
Other factors contributing to the demand for housing include the job growth from larger employers such as the Kessler Air Force Base, the Stennis Space Center expansion, the growing aerospace corridor, shipbuilding, growing international trade zones, and the overall Mississippi business climate.
Additionally, Mississippi changed its gaming laws to allow casinos to build 800 feet onshore. Many of the local builders were given lucrative construction contracts to repair and rebuild casinos. Contractors were hired to work around the clock to meet tight deadlines on getting the casinos up and running. Today the Mississippi gulf coast is the second largest gaming destination in the USA next to Las Vegas.
Recent economic studies show that the Gulf Coast area is recovering. Statewide, gross state product and employment have surpassed pre-Katrina levels and a reconstruction boom is anticipated for the next five years. Post Katrina employment growth in the state more than offset jobs that were lost due to Katrina. Retail sales in the twelve months after Katrina are 19% above pre-storm levels, indicating further strengthening in the economy.
The summer of 2005 saw the dreams of hundreds of thousands of American people destroyed when Hurricanes Katrina and Rita hit the Gulf Coast. These hurricanes destroyed homes, stole lives and wiped out entire communities in Alabama, Louisiana and Mississippi.
The American government quickly named the regions most affected by the hurricanes as the ‘GO Zone’ – short for the Gulf Opportunity Zone. Today the Go Zone is actively and passively experiencing a massive regeneration and rebuilding by thousands of people, from new businesses to new home construction. Read more »
