From $9.95


Statistics

Users
Total: 32,610
Visited Last 30 days: 167
Forum Messages
Total: 20,954
Last 30 days: 39
Forum Evaluations
Total: 24,160
Last 30 days: 0
Journal Entries
Total: 5,387
Last 30 days: 5
Connections
Total: 15,242
Last 30 days: 1
Downloads
Total: 86,766

Journals

Name
httpownerbuilderbook...
1 Visits | 1 Posts | 0 Pix | 0 Videos
Packers-and-Movers Delhi, AL
244 Visits | 2 Posts | 1 Pix | 0 Videos
Best-Access-Doors Jackson, AL
46 Visits | 1 Posts | 0 Pix | 0 Videos
Concrete-Contractors...
102 Visits | 2 Posts | 0 Pix | 0 Videos
bird Springfield, MO
59 Visits | 1 Posts | 0 Pix | 0 Videos
Tanglewood Colorado Springs, CO
119,629 Visits | 1,004 Posts | 2,581 Pix | 47 Videos
Drywall-Repair-Lehi
125 Visits | 1 Posts | 0 Pix | 0 Videos
Tenants-Right-When-S... Maryland, MD
450 Visits | 2 Posts | 2 Pix | 0 Videos
ianpundt
144 Visits | 1 Posts | 0 Pix | 0 Videos
Magic-Of-The-SideSto... San Carlos, CA
467 Visits | 2 Posts | 2 Pix | 0 Videos
httpswwwfaxitfastcom... salt lake city, AL
134 Visits | 1 Posts | 0 Pix | 0 Videos
Owning-My-First-Prop... Grand Rapids, MI
233 Visits | 1 Posts | 0 Pix | 0 Videos
movers-and-packers Hyderabad, AL
223 Visits | 1 Posts | 1 Pix | 0 Videos
Investment-Propertie... Rochester, MN
270 Visits | 1 Posts | 0 Pix | 0 Videos
The-Last-Rodeo Angel Fire, NM
26,945 Visits | 271 Posts | 435 Pix | 4 Videos
E2custom
866 Visits | 4 Posts | 10 Pix | 0 Videos
draingrepairsnj
829 Visits | 1 Posts | 1 Pix | 0 Videos
1860s-Texas-rehabnew... Boerne, TX
50,270 Visits | 44 Posts | 193 Pix | 0 Videos
medicareinsurance
873 Visits | 1 Posts | 1 Pix | 0 Videos
Whiteheads-Marsh-Dom
824 Visits | 1 Posts | 0 Pix | 0 Videos
See all journals...

Current Top-Rated Posters

RatingPosts
Lance in Buena Vista, CO0.002

The O-B Book has been a great help for us so far, and we're just getting started with the fun stuff. We're in our fourth month of planning and devoting at least two-three hours per day to that.
Doug in Cedar Rapids, IA

Try one of our new Construction Bargain Strategies for free. Coupon code: CBS. One strategy could save you $1,000 or $10,000 or maybe $50,000 when you build or remodel.


    1-16. Build in the right neighborhood. - Electronic Edition

    1-16. Build in the right neighborhood. - Electronic Edition
List Price: $1.99
Our Price:
$0.99
You Save: $1.00 (50%)
Word Count: 3,415


Add to cart


     One of my friends came to town to work some years ago and we tried to interest him in a home in our neighborhood. He chose to build in a quiet town not far from here. Five or six years later, the house we had in mind for him had increased in value by 35%. The house he built was appraised at about the same amount he spent on it.

     The importance of appreciation is underscored in Chapter Five of The Owner-Builder Book:

Four Ways to Make Money

"Traditionally, your house adds to your wealth in two ways. The most important way is through appreciation, which has averaged 5% per year in the U.S. for the past 25 years. This is a valuable source of gain, much better than a savings account. If you have a $300,000 house, and made a typical down payment of $30,000 to buy it, your 5% gain is measured against your $30,000 down payment. That returns $15,000 per year on $30,000 or 50%. Your savings account pays less than five percent on average.

The second way your home adds to your wealth is through retiring your mortgage. For most of us, this is a small but steady gain. If you hold a $300,000 mortgage, and you make $2,500 monthly payments, you reduce the mortgage by only $1,000 or $2,000 per year in the early years.

A house I bought in 1980 gained $85,000 of appreciation in twelve years, or $7,000 a year. I had also paid down my mortgage by more than $12,000, or $1,000 a year during the period. Compared to savings, this was a superior gain for us; but small compared to the gain afforded by owner-building."

     As they say, the real estate appreciation is all about "location, location, location." Choose a spot for your home that the market will like far into the future.

Other customers who purchased this also purchased:

nbspnbspnbspnbsp35-Avoid-the-middleman-Electronic-Edition
$0.99
    3-5. Avoid the middleman. - Electronic Edition
nbspnbspnbspnbsp219-Buy-basic-at-first-Electronic-Edition
$0.99
    2-19. Buy basic at first. - Electronic Edition
nbspnbspnbspnbsp734-Free-or-cheap-sod-Electronic-Edition
$0.99
    7-34. Free or cheap sod - Electronic Edition
Ten-Commandments-of-Owner-Builders-II-Written-List-of-Features-on-MP3
$4.95
Ten Commandments of Owner-Builders II. "Written List of Features" on MP3
nbspnbspnbspnbsp1130-Buy-lumber-in-truckload-quantity-direct-from-mill-Electronic-Edition
$0.99
    11-30. Buy lumber in truckload quantity direct from mill. - Electronic Edition
nbspnbspnbspnbsp69-Buy-something-you-need-and-sell-for-a-profit-later-Electronic-Edition
$0.99
    6-9. Buy something you need and sell for a profit later. - Electronic Edition
Special-Report-16-Lenders-offer-their-suggestions-Electronic-Edition
$0.99
Special Report 16: Lenders offer their suggestions - Electronic Edition
nbspnbspnbspnbsp76-Do-the-round-robin-Electronic-Edition
$0.99
    7-6. Do the round robin. - Electronic Edition
nbspnbspnbspnbsp115-A-clean-job-saves-5-Electronic-Edition
$0.99
    11-5. A clean job saves 5%. - Electronic Edition
nbspnbspnbspnbsp123-Manage-the-permit-fees-Electronic-Edition
$0.99
    1-23. Manage the permit fees. - Electronic Edition
Copyright 1997-2020 Consensus Group Inc.