When you are looking to buy a second home for weekends and vacations at the lake, it can be difficult to understand all the new terminology. Lakefront, lake view, and lake access can all be very different houses at very different price points.
What does lake access mean?
Lake access is a term used for a home or lot that does not have direct access to the water. It could be across the street or it could be in the same neighborhood.
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Investing in real estate can be a great way to make your money work for you. As with many endeavors, the hardest step to take is the first one, and in real estate investing, that first step is buying your first property. This first purchase has the ability to propel you forward into a lucrative career as an investor, but it also has the ability to be your last if you don't buy wisely.
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