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Why Real Estate?
There are so many reasons to own
real estate. Andrew Carnegie, the steel tycoon, once observed, "Of all
millionaires, ninety percent became so through owning real estate." He
went on to advise: "The wise young man or wage earner should invest his
money in real estate." With an average annual growth of 12% over the last
65 years, real estate continues to have one of the best track records
of any investment vehicle. One of the more attractive features of the
real estate industry is that there are so many ways you can profit by
leveraging your purchasing power. By learning and applying proper strategies,
you can control properties and earn profits even if you have LITTLE OR
NO MONEY.
The real estate market revolves around creative buying, selling, leasing,
owner financing, exchanging, debt restructuring and literally endless
creative ways to close the deal.
Real estate investing provides many ways for building and maintaining
significant wealth. You can earn profits in real estate through appreciation,
depreciation, equity building, income/cash flow, and tax advantages.
Leveraging is a tool investors use to control a property with little of
their own capital. By finding the flexible sellers and locating the bargain
properties with excellent financing so the money partners are interested
in the deal. You have invested or "leveraged" something you may have abundance
of (your time) for something you have little of (cash flow). Real estate
investing has always been about terms and conditions not just location,
location, and location!
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