Oceanfront Property Investments
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Oceanfront Property Investments

By: Scott Janko

Oceanfront property has always been a relatively sound investment even though there are unavoidable risks. Any property on the Atlantic is at risk of damage (possibly catastrophic) from tropical storms and other severe weather patterns. If you build for such possibilities or retrofit an existing structure to weather such storms, you can keep your risk to a minimum. Beach erosion is also a factor over which you have little control.

If you go into an investment with a firm knowledge of the risks and a plan for combating them, you will be much more inclined to see profits rather than losses. Some oceanfront properties are at far less risk of catastrophic storm damage than others and you should know where they are. If you look at each investment with some skepticism and look for possible pitfalls, you will be more inclined to be pleasantly surprised when the problems do not manifest themselves.

In some areas, the construction of new oceanfront structures can pose problems. Environmental concerns and the allocation of natural resources have stalled more than one proposed oceanfront development. Before you set your heart on a piece of property, you should look into the local politics of the area involved and look for past histories of canceled developments and what killed the deals.

Buying Real Estate and Flipping Real Estate
Some of the greatest returns in real estate come from flipping properties rather than holding onto them. Flipping is basically buying below market value and selling above or at market value. Probate properties, tax lien properties, and renovation properties represent some of the best candidates for flipping. Many traditional IRA custodians censor the practice but most self-directed IRAs do not. News provided by Google� - September 20, 2007

Written By Scott Janko, The National Association of Financial and Estate Planning (NAFEP)

For more details on the Self Directed IRA go to www.nafep.com.

Article Source: http://articlenexus.com

Scott Janko is president of The National Association of Financial and Estate Planning. NAFEP is an leader in the self directed retirement planning industry, providing education, training and specialized products to help utilize this unique strategy. www.nafep.com scott@nafep.com 801-266-9900

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