Real Estate Investing

MS Coast Real Estate Investing

GoZone

by admin 8 March 2009

The Go Zone Investment opportunity in Biloxi and other South MS cities is very real and offers benefits unheard of in the real estate investment community. However, as with any other investment opportunity, it is critical to work with reputable and established representatives who live locally and have good business and communication practices. The Go […]

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New Fannie Mae Guidelines to allow up to 10 Financed Properties

by admin 8 February 2009

Effective March 1, 2009, which also happens to be my daughter Trinity’s second birthday, Fannie Mae will start, once again, financing up to 10 properties for investors – one heck of a birthday present if you ask me. Maybe I will go buy her an investment property 🙂 Fannie Mae has decided to do this […]

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1031 Tax Exchanges

by admin 2 February 2009

Whenever you sell business or investment property and you have a gain, you generally have to pay tax on the gain at the time of sale. However, the tax code provides an exception and allows you to postpone paying tax on the gain if you reinvest the proceeds in similar property as part of a […]

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SRAP 2 Kills New Construction Option

by admin 17 January 2009

The Mississippi Development Authority (MDA) Small Rental Assistance Program (SRAP) Round 2 applicants got a startling letter yesterday (See Here – opens in new window). The letter basically was sent to all Option D applicants, which encompassed anyone who bought new construction as a means of receiving the forgivable loan from the MDA. The SRAP […]

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What is Go-Zone?

by admin 21 December 2008

The “GO-ZONE”, or Gulf Opportunity Zone, is a tax credit act of 2005 that was implemented by President Bush after the extremely active hurricane season of 2005 which brought us storms like Katrina and Rita. The original act was through 2008 but was extended to 2010 for the Mississippi Coast. The act allows for bonus, […]

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Golfing on the Mississippi Gulf Coast

by admin 21 December 2008

South Mississippi is home to to more than 20 golf courses! Many of these courses have been designed by well known course developers such as Arnold Palmer, Jack Nicklaus, Davis Love III, Mark McCumber, Tom Fazio, Jerry Pate, and Donald Ross. The Grand Bear, owned and operated by MGM, and Fallen Oak, a semi-private subdivision […]

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Hurricanes Threaten your Real Estate Investments

by admin 10 December 2008

Hurricanes are a fact of life when you live in a southern Mississippi county on the Gulf of Mexico. Forecasters say that 2009 can yield a higher than normal activity for hurricanes due to higher water temperatures and may include up to 14 named storms. So what does this mean to you and why am […]

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Orleans Place Ocean Springs, MS Duplexes

by admin 3 December 2008

Orleans place is a planned community of New Orleans style duplexes located in the Ocean Springs/St. Martin Mississippi area. While the community boasts that they will be building an Olympic sized swimming pool, community center, and on-site daycare, this may not be the best investment. Orleans Place is also Go Zone eligible as new construction […]

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Harrison County Mississippi Information

by admin 1 December 2008

This is a copy of a recent press piece done on Harrison County that quoted me: Harrison County is home to a diversified and vibrant coastal economy here in south Mississippi. The county itself is located centrally on the Mississippi Gulf Coast and includes 27 miles of white sand beach from Pass Christian to Biloxi. […]

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Small Rental Assistance Program (SRAP) Opportunities

by admin 17 November 2008

If you are not familiar with the SRAP (Small Rental Assistance Program) offer on the Mississippi Coast, it would be a good time to read more about it. The Small Rental Assistance Program is designed to help address the affordable housing issue on the Mississippi Gulf Coast and awards up to $40,000 per door to […]

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Small Rental Assistance Program (SRAP)

by admin 29 October 2008

The Mississippi Development Authority’s Small Rental Assistance Program (SRAP for short) round 2 is here and applications are being processed. For anyone wanting to take advantage of this program, you need to do it BEFORE December 15th 2008. SRAP round 2 started on October 15th 2008 and offers some of the nicest incentives to put […]

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