Mortgage, Refinance and Real Estate Investing: The Solomon Free Money Hour Radio Room

Extraordinary time for Foreclosures & Investment Opportunities:

  Investment OPPORTUNITY FOR GO ZONE PROPERTY WITH AMAZING CASH FLOW & TAX INCENTIVES! 
Besides a valuable investment seminar (via web) today, you can learn how our developer is offering:

Commerical or Residential Opportunities!

The price ranges for these investment opportunities in the GO Zone are $191,900 with Water Views in a nice gated community.

We have some great opportunities!

These condos on the water come with:

100% paid monthly mortgage payments for up to (30) months

100% paid property taxes for up to (30) months

100% paid homeowner’s association payments for up to (30) months

100% paid management fees for up to (30) months

100% paid maintenance costs for up to (30) months

100% paid utilities for up to (30) months

You don’t want to miss my next investment web class, it’s INTERACTIVE – you get to pick my brain about real estate, about investment opportunities, how to calculate CAP rates to ensure your property cash flows, how to due your own due diligence, proper home loans – for novice or seasoned investors– and, most of all, it will launch 2008 ina way you never could anticipate. 

To get a free copy of our GO Zone and Investment presentation: email gozone@sfmdirect.com and subject line: Send me free packet.

As heard on our recent radio broadcast, The Solomon FREE Money Hour. Learn about foreclosures, investment strategies, better credit and more.

Don't forget to ask us how you can use your IRA or 401k for investing.

Foreclosure info: e-mail workshop@sfmdirect.com or visit www.freemoneyhour.com Under News/Events.

The Cost of Opportunity Lost

The Cost of Opportunity Lost

How many times have you heard the two words, real estate, and turn your ear to: “Can you believe in my neighborhood the 20% decline in just one year!”  “Yes, we paid $500,000 for our home in 2006 and today they are selling brand new ones for $400,000.” 

Now, let’s say you waited for property values to drop 10%.  By the way, what would cause that to occur?  How about Perception vs. Facts?  The “way of thinking” in the late 1990’s was “If you buy internet stocks, you will become a millionaire.”  Then we had the dot com bust at the end of the 90’s.  The perception today is that home prices are going to drop.  Most likely true.  Certainly, an increase in foreclosures in the neighborhood where you are buying; will cause home prices to drop, right? 

· How about sellers panicking because their loan is adjusting and they can’t afford the new payment and they don’t have a line of credit on their home? 

· How about higher interest rates down the road because of inflationary concerns – the most recent data was 4.3% on the inflation news front (out of the Fed’s comfort zone of 3-4%).  However, the Fed does think the economy will slow down this year.  Let’s worry about the dollar & inflation later. 

· What will happen to property values if interest rates do go up?  Let’s say rates go up 1.5% and prices drop 10% because of the higher rates. 

· Do you realize that the cost of ownership will be higher buying at the less expensive price? 

Cost of Ownership Example if Prices Are Lower & Rates Are Higher   $450,000       

Tom’s Purchase price

$90,000           Down payment

$360,000         Mortgage Loan

$2,579.08        7.75% 30 yr fixed rate

$430                Property Taxes

$60                  Homeowner’s Insurance $3,069.08—Total Monthly Payment

As you can see illustrations, it would cost $56.21 more per month to buy Tom’s home vs. Jane’s home.

And the perception is that everyone thinks that home prices are going to continue to drop some more, which is great for buyers, of course. 

Solomon Financial’s GO Zone cash flow opportunities and buyer incentives

Ask Fred: 

Fred, How do I take advantage of this opportunity in the GO Zone, as per your press release and I hear you speak about on your show? 

Answer:  Call one of our representatives for a full cash flow analysis you can show your CPA and/or some videos of the properties.  Why Baton Rouge? Visit here is a good video link of Baton Rouge: http://www.visitbatonrouge.com/stats/visitors/ 

With mild and short winters, fabulous falls and glorious springs, you can't go wrong in Baton Rouge, whenever you choose to visit. 

• Baton Rouge has a semi-tropical climate.   
• The weather is consistently warm from May to September

If you put 25% down (about $48k) the cash flow is $587 month in year 1 and these water view properties are located in Baton Rouge, Louisiana.  The rental market is very strong in Baton Rouge and these properties have lake/lagoon views with a nice fountain in the middle of the lagoon.  There are about 90 units 45 on each side & 2 lakes/lagoons.  I have some video of the units when I went there about a month ago.

Year 1 they are paying Property Taxes, HOA, & Property Management.  In Year 2, they are paying the HOA fee (only).  In year 3, the cash flow is $194/month if you self-manage the property on a 30 yr fixed mortgage.

The developer offers to let buyers use all their sub-contractor contacts, which makes it very easy to self-manage once it is rented.  After year 1, just manage it yourself, especially if the original tenant is still in the property which saves you $152.50/month.

New Investment Opportunities & Buyer Incentives in the Best Markets

Real Estate Investing Made Easy.

I am excited to offer some new cash-on-cash opportunities from 7-19% in Biloxi , MS Baton Rouge, Denon Springs, & Hammond Louisiana .  These are some of the very best appreciating markets in the GO Zone.   I am excited to announce new Baton Rouge , Louisiana and Biloxi , Mississippi investment opportunties.

If you want to take advantage of our “Fly and Buy Program” a $500 airline credit will be given to you at the close of escrow after visiting our opportunities in Biloxi or Baton Rouge .  You can even stay at great casinos like the Hard Rock, IP Casino, Beau Rivage (with ocean views) for as little as $99 a night.”

If you have been interested in investing and want to jump start in one of the #1 Emerging U.S. Markets with positive cash flow (have a 20% - 25% down payment – we can show you how to access this from your home equity line of credit or IRA), you do not want to miss out on some incredible cash-on-cash returns for you on a 30 YEAR FIXED MORTGAGE (not one of those 3, 5, 7, or 10 yr adjustable loans or as I call, “Get your home into Foreclosure Loan – the Option ARM).

You can get in with as little as 10% down with full documentation (ask us how).  The price ranges for these investment opportunities of the GO Zone are from the $130’s to $285k.  We have some condos right on the water with boat slips in Biloxi (with the proper 3 different Insurance policies – Hurricane/Wind/Hail/Flood/Liability) that range in price from 170k – 285k with Garage Parking. 

We have some great opportunities! SOLOMON FINANCIAL INCENTIVES on these properties the water include:

You won't want to miss this one! Fred Solomon from Solomon Financial and The Solomon FREE Money Hour (with Kerri Kasem) Investment Talk Radio (Heard Saturdays 4 pm on CBS NEWS RADIO & KLSX) will be hosting this web class after their show at 5:30 (PST) dealing with the best emerging markets, how to determine cash flow properties.

Mississippi 's been making national headlines as one of the best places to purchase investment real estate in the country. And if you still aren't convinced that the GO Zone tax incentives are possibly an investor's dream, you have to realize investors such as yourself are already getting checks back from the government. Learn what million dollar investors are doing.

• 100% paid monthly mortgage payments for up to (30) months
• 100% paid property taxes for up to (30) months
• 100% paid homeowner’s association payments for up to (30) months
• 100% paid management fees for up to (30) months
• 100% paid maintenance costs for up to (30) months
• 100% paid utilities for up to (30) months

CPA approved - The Go Zone – How the IRS has created a short window to Buy Real Estate with 50% Depreciation

    Hurricanes Katrina, Rita and Wilma that hit the U.S. in the summer of 2005 were considered the most devastating natural disasters our country has faced.  These catastrophes had an enormous impact on the affected regions’ economies.  In response, the US government passed HR 4440.  HR 4440, otherwise known as the Golf Opportunity Zone ("GO Zone") Act of 2005 offers large tax benefits for properties built and placed into service in the GO Zone region after the hurricanes.  These tax incentives sanctioned by the US government make real estate investing in the GO Zone very attractive.

“Never in history has the government helped with revitalization like the GO Zone’s incredible tax incentives & 50% depreciation.”   By Fred Solomon, Jr.

     Solomon Financial Mortgage has partnered with three developers in Biloxi and surrounding areas, to make available to you GO Zone investment properties.

  Fred Solomon says that many CPA’s still do not know or understand this opportunity! There are many people who do qualify for these significant tax savings and may not even know it."

The most significant tax incentive is the 50% Bonus Depreciation allowed on newly constructed real estate in the GO Zone in the year of purchase.  Real estate investors who qualify could receive a $70,000 tax deduction on a $165,000 purchase.  People who would qualify for this tax deductions are as follows: 1. Real estate investors who have taxable income from other real estate they own 2. People who work 750 hours/year in a qualified real estate trade or business such as:  a licensed real estate agent, mortgage loan officer, real estate attorney, building inspector, processor at a mortgage company, a property manager (please consult with your CPA to determine if you work in a qualified real estate trade or business). 3. A family or Individual who makes less than $100k/year

    Your tax savings can be recovered immediately by  reducing your estimated tax payments or W-2 withholdings in the year of purchase.   Biloxi is being projected to be the number one emerging and appreciating market over the next 5-10 years. 

    There are plans for 22 casinos.  There are already 11 fully operating casinos, including the Hard Rock, IP Casino and the Beau Rivage Hotel and Casino.  Each casino brings in over 2,200 new jobs.   “I have personally visited hundreds of properties in these areas and can tell you the pros and cons of each area.”

    65,000 homes were destroyed in the hurricane.  101,000 people are in FEMA trailers in the State of Mississippi.  There is an immediate need for housing. 

    Being a real estate investor himself, once Fred Solomon, Jr. heard about this 50% bonus depreciation he called his own CPA and asked him if this tax benefit was true. 

    “Once I confirmed that it in fact it was true, I analyzed the numbers and the demographics.  I did my own due diligence by researching and flying down to the area to establish which city would have the best population growth inside of the GO Zone,” reports Fred Solomon, Jr. “When I heard about all the casinos being built and re-built over land instead of water the rest was history.  We started showing this opportunity to our family, clients and listeners of our radio talk show.  Kerri Kasem and Lisa Solomon, co-hosts on our talk show, visited the Biloxi area and had the opportunity to meet with local residents and politicians, including the Mayor  A.J. Halloway of Biloxi, Mississippi.  All of us are buying properties in this area.”

“The Bonus Depreciation can create a net operating loss that you can carry back 2 years to file for a refund of taxes paid or you can carry the loss forward 20 years to reduce your future income taxes.  We have never seen anything like it.  Those who qualify for this 50% bonus depreciation write-off by investing in this opportunity can take advantage of the positive cash flow these properties offer on a 30 year fixed mortgage, where the rate and payment will never change,” Fred further explains.

     This is why we look at the GO Zone as a great bonus if you qualify, because not everyone will.  What really excites us about the Mississippi and Louisiana Gulf Coast is that it is one of the best REAL ESTATE MARKETS IN THE COUNTRY, EVEN WITHOUT THE GO Zone tax incentives.  Our clients who do not qualify for the GO Zone at all, are still buying as they hold excellent real estate investment opportunities with cash flow.  “There is not a better place, in my opinion, to buy in the country.” 

If you would like to speak to our CPA’s that understand the GO Zone, we have more information and on line live web classes.  Go to freemoneyhour.com to register or call 800-811-7709 ext 221

www.HowToInvestInGOZone.com

CPAs and serious investors can join us and learn how to attain positive cash flow and learn about this opportunity by attending a live webinar with Fred Solomon. 

To learn how to maximize leverage and accelerate your wealth creation, attend our live webinars by registering at www.freemoneyhour.com or call our investment consultants at (800) 811-7709. Fred Solomon, Radio Talk Show Host, Real Estate Investment Counselor, fred@sfmdirect.com Kerri Kasem, Co-Host kerri@sfmdirect.com Solomon Financial is licensed by the CA Department of Real Estate. Helping Build Investment Wealth since 1990