Check out these investing in real estate images:
The Wheeler Mansion on Calumet Avenue
Image by Proxy Indian
From The New York Times,
Saving the Grand Relics Of Chicago's Prairie Ave., 20 Sep 1998
ANOTHER house being renovated is the Wheeler Kohn Mansion, a 10,000-square-foot Second Empire dwelling at 2018 South Calumet Avenue, a block east of Prairie Avenue. Late last year, the house was purchased by Scott and Debra Seger, both with managerial jobs in real estate. The Segers are midway through an extensive renovation effort and plan to reopen the house as a bed-and-breakfast sometime after the first of the year. Ms. Seger estimated that they will have invested a total of 0,000, including the purchase price, by the time the renovation is completed.
The house -- which was built in 1870, a year before the Chicago fire -- has been through some hard times. Starting in the 1920's, it was occupied first by a publishing company and then by a butter-and-egg wholesaler. When the Segers purchased it, it had been vacant for a number of years and was scheduled for demolition. ''It's basically a beautiful shell,'' said Scott Seger.
The facade of the house includes a two-story copper bay window, carved limestone trim and an elaborate covered front porch. The Segers are also painstakingly restoring the original cornice and installing a slate roof.
The original house had 10 bedrooms; the renovated house will have 11 and each will have its own bathroom. The bed-and-breakfast will be known as the Wheeler Mansion and rooms will go for 0 to 0 per night.
274_365_Future_BackYard?
Image by MichaelKuhn_pics
This is the view from the back of a piece of property I own in Charlotte, NC. See map for exact location. It is close to work, and the area is an mix of office parks, pending development and some small houses. I like the location and think it has long run potential. Plus my lot is large enough (1.75 acres) , that I can create a nice environment for myself (and others - the zoning allows for multiple houses).
I did get over invested in real estate during the recent craziness, but I was disciplined enough to not get over my head - however, this is what I have rather than extra camera gear and why I won't go car shopping for a while.
Thank goodness it is pretty - I will keep you posted on any development plans.
22a.NaylorGardensApartments.SE.WDC.4April2011
Image by Elvert Barnes
Naylor Gardens Apartments Complex in SE Washington DC . Monday afternoon, 4 April 2011 . Elvert Xavier Barnes Photography
Visit Naylor Gardens at naylorgardensapt.com/
Learn more about Naylor Gardens at Wikipedia at en.wikipedia.org/wiki/Naylor_Gardens,_Washington,_D.C.
Published at lessonsofinvesting.com/how-to-invest-in-real-estate.html
