[net.invest] Solicitation for comments/books

jeffw@ISM780.UUCP (11/19/85)

Can somebody out there recommend a good (read 'understandable by the 
person who knows nothing about real estate investments') book on buying 
residential property, both developed and undeveloped?  I'm interested in 
buying property to build on at some point in the future, but I've heard 
that leaving it around in an undeveloped state is unwise financially - 
something to do with taxes.  (This might be a requirement if the property 
to be purchased is on the northern California coastline where building
moratoriums are currently being enforced in some areas.) Along these same
lines I'd like to find out when property is considered 'developed' - is
it when the land is graded and made suitable for construction or is it
when a structure is completed?

Other items of interest are: 1) how to go about engaging geologists, 
building and electrical contractors, city inspectors, etc., etc., how to 
determine their reputability, and guidelines for reasonable rates for 
their services, 2) basic problems to look for in existing structures
that might hint at major problems, 3) problems to look forward to in
moving a structure from another location to my property, 4) general tax,
insurance, and mortgage information.

I'd also like to solicit comments about solar powered/heated homes and
pre-fab geodesic dome houses from any of you out there that have
constructed same. Did the solar powered systems live up to expectations?
Were they worth the cost? Are the geodesic dome houses comfortable to
live in? Are there any pitfalls to watch out for in buying/constructing
one? Does anyone have recommendations for companies to buy from (on the
West Coast) with respect to solar energy systems and geodesic dome houses?

thanks,

jeff wise
INTERACTIVE Systems Corp.
decvax!cca!ima!ism780!jeffw