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Bartlett Estates Mega Mansions In Phoenix, Az

To get that sensation in the Phoenix real estate market, you must turn your attention to the mega mansions of Bartlett Estates. Bartlett Estates may as well be invisible to the naked eye. Many reside...

To get that sensation in the Phoenix real estate market, you must turn your attention to the mega mansions of Bartlett Estates. Bartlett Estates may as well be invisible to the naked eye. Many residents of Phoenix are not even aware of its existence. However, for those knowledgeable of where to look, the wow factor comes pretty easy.

In order to locate the Bartlett Estates, one must find the small side road close to the Biltmore Shopping Center. Driving through this area and taking one look at the homes available is enough to intimidate some - with prices such as $5 million or more, that's understandable - but if you have the credit rating and the finances to qualify, then you could be one of the lucky few, who can nab one of these mansions for your own. Lucky because it's not simply about finances. Homes in this area do not come available with any degree of regularity. In order to pick up a home in the Bartlett Estates, timing is almost important as having the money and the credit rating.

If you are fortunate enough to fall under consideration for one of these mega mansions, it is important to understand exactly what you are getting yourself in to. For starters, you must be ready to make the most of the investment. Whether that means turning it into your very own dream home or holding on to it for the 5 to 10 years that is generally necessary in order to attract an interested and capable buyer, buying one of these homes requires a commitment from you to stick it out over the long haul. In other words, these are not the kind of homes that you can "flip."

On a positive note, ownership does not shut you off from income potential or shrewd financial planning. Owning a home in the Bartlett Estates grants you access to one of the most beneficial tax shelters that you will ever know. A $5 million-plus home can greatly reduce your liability and be the difference between paying the government tens or hundreds of thousands of dollars or holding on to that money for future personal benefits. In addition to being a great tax deduction, your home can also be rented out as a showplace or a private residence depending on whether or not you want to live in it. It is not unheard of to utilize the great scenery for rental income. You could rent out to wedding parties or whole families and have an alternate source of income. Either wayFeature Articles, these properties will only pay you back over the long term.

Article Tags: Bartlett Estates, Mega Mansions

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