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EYE ON INTEREST RATES   Fixed rates flattened out this past week after raising for 10 straight weeks. Click on the blue text to visit a leading website with the current interest rates and lots more. Also see the related article below. 

Using Your IRA For Real Estate Investing  learn about "self-directed IRA's" and how you can use them to invest in more than just stocks and bonds 

Don't Let Those Rates Scare You  David Reeds article cautions buyers from getting too excited by the media hype about the recent bump in rates. 

***** Investors Corner*****

1. Atlanta, GA  4 units near Georgia Dome all 1+1's on a 7,200 sq. ft lot built in 1957 12.30% Cap asking $169,900 Please call (310)306-6525 x166 if you would like more details. 

2. Modesto, CA  6 units built in 1969 scheduled gross income is $50,760.  The units are large, building size is 6,000 sq. ft. rents are under market.  Asking $799,000 Please call (310)306-6525 x166 if you would like more details. 

3. Hawthorne, CA 6 units built in 1985  5 units up and 1 down with gated access to covered parking. All 1+1's.  Gross Income is 52,800 GRM 12.5% Cap 6% No rent control.   Asking $660,000  Please call (310)306-6525 x166 if you would like more details. 

See below for the (3) real estate related "links of the month”

1.  How much will my loan really cost?  Check this link out to learn more about all the costs involved in getting a loan http://www.ired.com/news/mort/980123a.htm 

2. Buy this book called "Real Estate Loopholes".  It part of the "Rich Dad" series of books authored by Robert Kiyosaki. http://www.amazon.com/gp/reader/0446691356/ref=sib_dp_pt/002-0939639-3308040#reader-link

 3. Link to a library of 502 Real Estate Investment Articles http://www.reiclub.com/real-estate-articles.php

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Keller Williams Santa Monica
2701 Ocean Park Blvd #140 • Santa Monica, CA 90045
Office: (310)739-8647 • Fax: (310)626-8734
Mobile: (310)739-8647
E-mail: dan@danmayrealestate.com

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