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Posted May 22, 2012 by Rogers Healy

Affordable Housing Plan Proposed by George Lucas

The film emperor may be striking back.  Filmmaker George Lucas has tried, for 25 years, to persuade his Marin County, California, neighbors to let him build a digital production studio on his ranch there, but the area's residents opposed the plan.

So Lucas has come up with an alternative for his Grady Ranch property, to build low-income housing on it.

Lucas plans to sell the property to the Marin Community Foundation, a non-profit that has already funded more than 2,500 units of affordable housing and will explore options for developing Grady Ranch.

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Posted March 22, 2012 by Rogers Healy

Land appreciates, buildings depreciate - Myth?

 

Many investors have heard that land appreciates while buildings depreciate.  The theory is that you should buy investment properties with a high land component such as houses.  This can be misleading advice.

 

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Posted January 21, 2010 by

These Boots Are Made For Walking

It seems there's a new trend in home ownership; walking away from it.  I can speak from personal experience when I say that sometimes it's easier to walk away even when you think you have done everything "right" in terms of securing the appropriate financing and making a 20% down payment.  The unforeseen for us was buying at a time when money was easy to come by, and new construction was abundant in a city that had endless opportunity for grow

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