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Buy Low-Sell High and the Rule of 72

It was recently reported that actress Halle Berry listed her Beverly Hills home for $5 million. Originally purchased in 2001 for $2,275,000, she has the potential to double her money just 8 years later...in this economy!

If you were to follow this investment example, what could you purchase in Laguna Beach for less than $2,500,000?

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Laguna Beach
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$1,895,000
MLS# S580618  
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True, we don’t know what this home will finally sell for. However, take note that she is following a time tested wealth building plan. Purchase low, sell high. Following the “rule of 72” – this transaction puts her rate of return in the 9% range, doubling her investment in roughly 8 years.

Not bad.

Currently (as of 12-9-09) there are approximately 128 properties listed in Laguna Beach priced between $1million and $2.5 million

Could one of these homes be your opportunity to double your financial investment while you enjoy a lifestyle investment in Laguna Beach?

To see all home available in Laguna Beach, be sure to Search the MLS by clicking the orange link above. Search all the current homes for sale in Laguna Beach as well as all Orange County Real Estate currently available!

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