1. The primary reason most of us would buy a house is for shelter, but beyond that, we can also buy a house as an investment. In fact, residential investments are one of the better ways to get into direct real estate investments with relatively minimal cash (i.e., outside of financial securities based on real estate investments). When we borrow money to buy a house, we incur interest payments. An advantage in real estate is that under current US tax law some, if not all, of the interest expense can be deducted from otherwise taxable income. Explain the tax provisions in your own words as currently provided by law (hint: look at Exhibit 7-4 in the textbook). Convince me that you know what you are talking about.................

2. Explain to me what is meant by regional dynamics as it pertains to real estate investments. Again, convince me that you know what you are talking about..........and use your own words...........(I dont want a cut and paste version of whats in the textbook or from some online source)............

3. Under the heading of Housing Supply, what factors and considerations are important here? Discuss this in depth..........

4. When applying for a mortgage loan a house must be appraised for its market value. After all, a lender certainly does not want to lend you more than the house is worth. Discuss the various ways that a house can be appraised. How this is done? What are the advantages of each method and which of these methods do you think is the most commonly used for single family residential houses?

5. Finally, distressed properties represent a potentially profitable investment. Discuss what a distressed property is and how one goes about investing in such properties. Why would such properties represent profitable investments?

1. The primary reason most of us would buy a house is for shelter, but beyond that, we can also buy a house as an investment. In fact, residential investments are one of the better ways to get into direct real estate investments with relatively minimal cash (i.e., outside of financial securities based on real estate investments). When we borrow money to buy a house, we incur interest payments. An advantage in real estate is that under current US tax law some, if not all, of the interest expense can be deducted from otherwise taxable income. Explain the tax provisions in your own words as currently provided by law (hint: look at Exhibit 7-4 in the textbook). Convince me that you know what you are talking about. 2. Explain to me what is meant by "regional dynamics" as it pertains to real estate investments. Again, convince me that you know what you are talking about..........and use your own words........... (I don't want a "cut and paste" version of what's in the textbook or from some online source). 3. Under the heading of Housing Supply, what factors and considerations are important here? Discuss this in depth. 4. When applying for a mortgage loan a house must be appraised for its market value. After all, a lender certainly does not want to lend you more than the house is worth. Discuss the various ways that a house can be appraised. How this is done? What are the advantages of each method and which of these methods do you think is the most commonly used for single family residential houses? 5. Finally, distressed properties represent a potentially profitable investment. Discuss what a distressed property is and how one goes about investing in such properties. Why would such properties represent profitable investments? 1. The primary reason most of us would buy a house is for shelter, but beyond that, we can also buy a house as an investment. In fact, residential investments are one of the better ways to get into direct real estate investments with relatively minimal cash (i.e., outside of financial securities based on real estate investments). When we borrow money to buy a house, we incur interest payments. An advantage in real estate is that under current US tax law some, if not all, of the interest expense can be deducted from otherwise taxable income. Explain the tax provisions in your own words as currently provided by law (hint: look at Exhibit 7-4 in the textbook). Convince me that you know what you are talking about. 2. Explain to me what is meant by "regional dynamics" as it pertains to real estate investments. Again, convince me that you know what you are talking about..........and use your own words........... (I don't want a "cut and paste" version of what's in the textbook or from some online source). 3. Under the heading of Housing Supply, what factors and considerations are important here? Discuss this in depth. 4. When applying for a mortgage loan a house must be appraised for its market value. After all, a lender certainly does not want to lend you more than the house is worth. Discuss the various ways that a house can be appraised. How this is done? What are the advantages of each method and which of these methods do you think is the most commonly used for single family residential houses? 5. Finally, distressed properties represent a potentially profitable investment. Discuss what a distressed property is and how one goes about investing in such properties. Why would such properties represent profitable investments