About Saint Tammany Parish, LA

Lakeshore Estates

Lakeshore Estates promises to be an exclusive neighborhood with close

proximity to the Eden Isles and Oak Harbor area. With artificial canals

and plenty of land to claim, this is sure to be the next phenomenon in local

real estate property. Lakeshore Estates will enjoy extremely quick access

to I-10, Oak Harbor Golf Course, and the presence of the Abney

Elementary, Slidell Junior High, and Salmen High school district.

Click here to view listings in this neighborhood.

Turtle Creek

Turtle Creek is a highly valued subdivision with superior facilities,

landscaping, and land values. Nearby subdivisions include Cross

Gates to the North West, Quail Ridge to the South East, and

French Branch to the South West.

Turtle Creek is in the school district of Cypress Cove Elementary

(kindergarten and first grade), Honey Island Elementary

(second and third grades), Little Oak Middle (fourth though

sixth grades), Boyet Junior High (seventh and eighth grades), and

Northshore High.

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6 Investment Tips You Can Use!

1. Hire and pay for skilled workers to do your renovations.
2. Location. Location. Location. Invest in the best location you can afford.
3. Be affordable for tenants by buying small and staying small.
4. Look at a property for what it can be, not for what it is.
5. Focus on the money coming in and going out - not the cap rate.
6. Don't go unique - choose rental properties that will appeal to anyone.

One More Thing...

Real Estate Investment Trusts

Real estate investment trusts, known as REITs, are entities that invest in different kinds of real estate or real estate related assets, including shopping centers, office buildings, hotels, and mortgages secured by real estate.

There are basically three types of REITS:

Equity REITS, the most common type of REIT, invest in or own real estate and make money for investors from the rents they collect.

Mortgage REITS lend money to owners and develop- ers or invest in financial instruments secured by mortgages on real estate.

Hybrid REITS are a combination of equity and mort- gage REITS.

The Internal Revenue Code lists the conditions a company must meet to qualify as a REIT. For example, the company must pay 90% of its taxable income to sharehold- ers every year. It must also invest at least 75% of its total assets in real estate and generate 75% or more of its gross income from investments in or mortgages on real property.

Many REITs trade on national exchanges or in the over- -the-counter market. REITs that are publicly traded must file reports with the SEC, such as quarterly and annual filings.

Is Real Estate Investing Right for You?

Investing in property is simply another form of investment. Buyers can invest directly by purchasing property individually, or indirectly by investing in a managed fund or timeshare. Although real estate agents may understand the property market, prospective buyers should still seek independent advice, because property investment may not be right for everyone.

What to Know Before You Buy

Don't fall for pressure-selling techniques and high-pressure seminars

Some sales people can be extremely persuasive and persistent. They often use gimmicks like offering you a "once in a lifetime opportunity".

Determine your overall financial plans

Think about what you want to achieve financially and how soon you want to achieve it.

Understand the risks involved

All investments carry risks. Make sure you are comfortable with the risks associated with a particular investment.

Get advice

Decide whether or not you need professional advice. If you're dealing with a financial advisor make sure they're licensed.

Investing directly or indirectly

You can invest directly or indirectly in many assets, including real estate, through a managed fund. Time- shares are a type of managed investment.

Do your homework

Find out as much as possible about any investment you are making. Make sure you really understand the pros and cons of choosing a particular investment asset. Weigh the advantages and disadvan- tages against your financial goals.

Consult with your accountant

There may be tax issues to consider that you may not be aware of. Once you've decided to take the leap and purchase investment property, be sure to read and keep all documents you receive about your investment. If your asset is being managed by someone else, make sure they keep you updated on all pertinent information. Reputable investment managers will be happy to answer your questions and will expect you to take an interest in your investments.

The Home Depot store in Waveland Mississippi is closing. Everything in the store is 20-4-% off. All sales are final. They are still taking credit cards etc. My wife and I were there today and they still have a pretty good selection of merchandise. The worker at the register said they have about six more weeks.

This isn't one of the big Home Depot store but a much smaller version. There is a Lowe's located right behind the Home Depot store. Waveland isn't that big to begin with and with the economy being down I guess it is a victim of supply and demand.

Waveland is about 25 miles East of Slidell and reachable via I-10 or Hwy 90. If you have been putting off buying some item for your home this may be the best price you will get.