Buy Low and Sell High

Yes this is the world's most obvious statement to an investor.

But the trick is knowing what is "low" and what is "high".

We liked this article by Paul Breden at Bigger Pockets. He describes an excellent strategy for knowing prices in the real estate market. At BuyWisconsinLand.com we too, want to see our customers buy low and sell high, so we use the latest technology to make sure we know where our local real estate market is, and can help you have a smooth and profitable real estate transaction.

OK - so you already know that "Buy low - sell high" is a workable strategy. How, then, do you identify the property with the lowest potential purchase price?

There are two sources of pricing information. Both are available to the general public, and both may be available online. The first is current asking prices for the type property you are seeking. The second is accurate recent sale prices that other sellers have accepted. The difference between the two can be significant.

Full Story "Buy Low Sell High" Not Just A Cliche'!

Follow Us twitter.com/buywisland

Real Estate And Football

Here is a wonderful example of how someone gets into the Real Estate Investment Market. This article was written by Flower D from BiggerPockets.com

WHAT DOES REAL ESTATE HAVE TO DO WITH FOOTBALL?
Plenty when two Coaches’ Wives sit down to talk about it

I had the rare opportunity to interview Sally Brown, wife of Coach Mack Brown, Head Football Coach for the University of Texas Austin for my September 2008 podcast. Outside the limelight of Longhorn football, Sally is down to earth, a mother to the team, and savvy business woman. With a long-term career in real estate development and a millionaire many times over before meeting Mack Brown, I had to sit down and pick her brain about how to “Make It” in real estate, being a Coaches’ Wife, and her life as “Ms. Sally Brown”.

Full Story What Does Real Estate Have To Do With Football?

The 1031 Exchange

What is a 1031 Exchange Transaction?

Solomon Lander, eHow Contributor, defines it like this:

A Section 1031 Exchange allows you to sell a property and purchase a replacement property without having to pay capital gains tax on the transaction. Because you are just changing one property to another without actually receiving your equity back, it is not considered a gain.

Read more: What Is a 1031 Exchange Transaction? | eHow.com http://www.ehow.com/facts_7940194_1031-exchange-transaction.html

If you are looking to to a 1031 Exchange for acreage in Wisconsin and have questions, contact our Broker Roy Burlingame and be sure to visit BuyWisconsinLand.com and check out beautiful wooded properties.

Wisconsin Property Owners Guide

Here's a handy booklet from the Wisconsin Department of Revenue outlining assessment and property taxes in Wisconsin.

2011 Guide for Property Owners
The questions and answers in this booklet provide information about property assessment and taxation in Wisconsin. The narrative provides general information and does not deal with legal details. Should you want additional information about your assessment, contact your local assessor.

BuyWisconsinLand.com salutes all veterans this Memorial Day - we will not forget.

Financial Spring Cleaning

It's finally here - the weather is warming and flowers are beginning to bloom. Ahh...Spring.

You've started raking the yard, seeding the lawn, planing new gardens. Ok, neither have we, but it's on the to-do list. Now, what about your money?

Spring is a good time to review your finances and make sure your money is working for you. Here's a great article from billeater.com to get you started
11 Spring Cleaning Tips for Your Wallet

Then when you've finished all that work, head out to the woods to relax. Need to find a great getaway? We've got listings for recreational and hunting properties in over 40 Wisconsin Counties. BuyWisconsinLand.com

Why is Tax Day April 18th?

Wondering why we had three extra days to get our taxes done this year? After all April 15th did fall on a Friday, which was a regular work day, right?

The tax code says that tax forms are due April 15th unless it falls on a Saturday, Sunday or Federal Holiday. None of these conditions applied.

However, Emanacipation Day, an official public holiday in Washington DC, which is usually celebrated April 16th, was moved to April 15th, a Friday, instead of Saturday, to give folks a day off. In recognition of this holiday, Tax Day was moved to April 18th.

To those who wait to the last minute - get to the post office today!

We at BuyWisconsinLand.com want to wish everyone a very Happy Easter!

Property Priced to Sell

Most people when making a purchase of any item first check out the price. It's our guide to the value of that item. And if we feel the item is worth the amount being asked we will consider buying it.

The same principle applies to Real Estate, but price and value can sometimes seem harder to determine.

In this article from the blog of Lisa Udy, Broker Of Platinum Real Estate Group In Logan Utah, she is giving information to help Sellers to properly price their listing. When you are buying property, it helps to know what information has gone into coming up with the value of the real estate, so you can determine what price you are willing to pay for it.

Article: Is your Property Priced to Sell?

Whether you are buying or selling, remember working with a Realtor® who knows the market can make all the difference in getting value for your money. You can contact the Agents at BuyWisconsinLand.com by emailing property@buywisconsinland.com or fill out our form here Contact Us.