Karen
Lee Bertiger
CRB, CRS, e-PRO, GRI, RECS
FLORIDA LIC. REAL ESTATE BROKER
ARIZONA LIC. REAL ESTATE BROKER
INVESTMENT/INCOME REAL ESTATE
SPECIALIST
One # Access
Toll Free: 1-888-768-4454
Florida License Registered Branch
Office:
901 SW Martin Downs Blvd, Ste 304A
Palm City, FL 34990
PLEASE DIRECT ALL FLORIDA BROKER
MAIL TO:
Florida Branch Office Mailing Address:
PO Box 2449
Palm City, FL 34991-2449
AZ Office Mailing Address:
PO Box 1747
Barrington, IL 60011-1747
We Do Not Currently Have an Office
Location in Arizona
Investment Real Estate Brokerage & Asset
Management (Not Property Mgmt)
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National Association of Realtors®
2008 Code of Ethics
Celebrating 25+ Years Career Experience in Investment Real Estate in 2008 With
30+ Years As An Investor
©2003-2008 Karen Lee Bertiger. ALL RIGHTS RESERVED
WORLDWIDE.
Privacy Policy
This web & its information is a
service to Karen Lee Bertiger's prospects, customers and clients. While designed
to provide accurate and authoritative information, it is not meant as a
substitute for your own CPA, professional tax advisor, or attorney. Investment
real estate tax planning depends on your individual facts and circumstances. You
should always consult with your own tax advisor to determine if the ideas and
techniques discussed here apply to your situation. It is
offered with the understanding that Karen Lee Bertiger is not engaged in
rendering legal, tax or accounting service. If legal advice or other
expert tax or accounting assistance is required, the opinion or the services of
a competent professional person in those disciplines should be sought. The
information contained in this web is offered in good faith, developed from
sources deemed to be reliable, and believed to be accurate when prepared, but is
offered without warranty, express or implied, as to its merchantability, fitness
for a particular purpose, or any other matter. Karen Lee Bertiger disclaims all
responsibility for any loss or damage arising from reliance on such information
by any party.
WHAT'S NEW 2-26-2008? Never-ending regulations and paperwork in the real
estate investment business. No that's not news. Due diligence during the boom
years in real estate has been especially tough to keep up with from my view
(research in markets, economics, stocks, bonds, commodities, derivatives,
transportation and supply chain issues, the residential markets, legal issues,
etc. etc.) Although my view of the current situation for commercial investment
real estate is informed by extensive proprietary research on macro and micro
markets, my informed opinion is that many "investors" are not - they are
"speculators" - like the stock market day traders. Many have more money to
speculate with than properly informed opinions. Those of us in the trenches
could use a little pause - call it the pause that refreshes - so the true
professionals and investors can help to stabilize the markets. Just my opinion.
Our society needs to be careful with reading more negativity into the markets
than actually exists. We'll continue to get write downs on financials, so get
used to it. It will take some time. Generally, the real smart money will stay
focused - the real returns from investment real estate are hard to beat no
matter what the investment banks and traders on Wall Street would like you to
believe. There is no comparison between after tax returns - real estate returns
are higher and one can utilize tax free exchanges. The one thing that Congress
could do that would not be detrimental - and would actually be cheaper than any
other type of meddling, would be to eliminate capital gain taxes. This would
increase revenue and support the dollar.
WHAT'S NEW 12-16-2007? Check out a City of Scottsdale (Arizona) cable production
that has been put on
YouTube (new browser window will open) for the McDowell Sonoran Conservancy
(my co-founder, Jane Rau, is a featured "Steward.") You can also see the beauty
of the Sonoran Desert (the mountains in the video are right behind my old home
in Scottsdale) and lots of the flora and fauna of the area.
Seasons Greetings to all of my friends around the globe. I sincerely hope that
your New Year 2008 is healthy and prosperous.
Congratulations to Senator John McCain on winning several important new
endorsements. When I lived in Arizona (an almost 30 year resident until 2004) I
voted for John McCain in every election where he was a candidate for the House
of Representatives or the Senate. As an Independent voter registered in Florida
now, I unconditionally endorse and support John McCain for President. He is the
most qualified Republican running because he qualified to be the Commander in
Chief (the primary Constitutional job of the President of the United States)
from the time he takes office. That is important to me as the country looks
forward to what comes next after the November 2008 election. My New Year 2008
plans include Senator McCain's campaign.
If you have the opportunity to visit the Treasure Coast (just north of Palm
Beach) and you would like to investigate potential real estate investments (yes,
this may be an "opportunity" in disguise - or, as the symbol for the word
"crisis" in Chinese also means opportunity) in Florida, please give me a call at
772-631-1605. My friends in Canada might also want to investigate
various opportunities that may not be available for much longer if the US dollar
stabilizes and our exports pick up some slack in the US economy. Both Florida
and Arizona are great places to visit on a business or investment trip when it's
cold and freezing!
If you are looking for residential investments in Arizona, please visit my
daughters' website - TheRealEstateTwins.com
- they may be transitioning from one office to another at the end of December
2007, but their marketing and sales statistics are impressive (even if I am
their mother.) Their top producing careers are independently verified by their
personal production statistics, education and professional designations. YES,
even in this market!
WHAT'S NEW 11-8-2007? If you are a potential prospect, customer or client
and have attempted to contact me via this website or by telephone, all I can
tell you is that there seem to be multiple problems on multiple communications
platforms where I live, work, & where my website is published. Unfortunately, I
have, in all practicality, no control over any of these issues including
federal, state & local authorities, construction activities conducted in my
area, phone, internet & cellular phone providers, electrical service and
outages due to storms, etc. Nothing new here, just the same old failures
in services and/or failure to consider the unintended consequences of their
actions. Since I'm not in a position of authority in any of these entities, it
makes conducting any sort of business that relies upon one's ability to
communicate increasingly frustrating, particularly when no business case can be
made by most of these entities as to how they are providing their services. For
companies that profess to want to keep their customers loyal, it certainly
doesn't seem as though their customers and those who pay their salaries are even
an afterthought.
WHAT'S
NEW 8-2-2007? Florida SB1822 which was signed by Gov. Charlie Crist
requires carbon monoxide detectors in many new construction (effective July 1,
2008 for new building permits) & existing hotel-motel buildings having fossil
fuel burning heaters, appliances or fireplaces or an attached garage, boiler
rooms, etc. In some instances the detectors must be monitored by existing fire
alarm systems.
WHAT'S NEW (7-10-2007)? Property
rights of commercial-investment building owners are now protected by Florida
SB1920 & functionally obsolete condominiums can now be dissolved with just 80%
of owners instead of 100% under SB 314. Did you know that there are
approximately 1.4 million condominiums in Florida & that many are in coastal
areas that were affected by the many hurricanes over the last few years & are
ripe for redevelopment.
Florida's
County Profiles have also been updated for all 67 counties.