Everyone knows Real Estate is constantly in the news. In a so called "great" market from the media establishment, real estate is a great investment. In a so called "bad" market from the media establishment, they ruin opportunity for all who knows real estate is a great investment. As I have said in the past:
Real Estate is the safest and most profitable investment in the history of business and finance!
So why don't more people do it?
My belief is people listen to the media more than they listen to themselves or successful people who have done it before them.
The Bad: Foreclosures, Foreclosures, Foreclosures. You never hear a ton of news when the so called "great" market is in play.
Answer: Learn how invest in Foreclosures from successful people! Even those who have lost their home to foreclosure can still invest in real estate. Believe me, it's possible. In fact a so called "bad" market is the best time to invest. There are so many opportunities out there it is actually ridiculous! Short sales are abundant. REO's are abundant. They are everywhere. Houses for pennies on the dollar.
The Great: What is one of the basic necessities in life?
Answer: Shelter. Population increase, Echo Boomers coming into the market. Not every wants to own, so they rent. There are many great reasons to invest.
In an article written November 1st, 2005 in Business 2.0 Magazine, it discusses the "Next Real Estate Boom." The article talks about the 10 Megapolitans that will be built in a $25 trillion dollar land grab that will dwarf the post WWII build-out.
Read the article here:
http://money.cnn.com/magazines/business2/business2_archive/2005/11/01/8362829/index.htm
Read business and real estate magazines along with listening and learning from the right people and NOT the "in your face 24/7 Doom and Gloom media!"
Who do you take advice from? A successful person or your broke neighbor?
Happy Reading!
Tony
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