First Question to Ask Yourself . . . WHY Real Estate?
Real Estate is a Hard Asset. Tangable. Real. Cannot disappear. Will always have value. And eve
The fact is, there is more “wealth” in this world gained and retained from owning &/or controlling Real Estate than any other investment vehicle. Look at the truly wealthy . . . the vast majority hold REAL ESTATE.
And why you ask?
Ah, let me provide a few of the ways . . .
1) Real estate is a “tangible” investment. It is real. You can touch it and see it. It can’t simply disappear in a down market like a stock might.
2) Even in a down market, it will NEVER be worth $nothing$. It will always carry a financial value. Stocks can go to zero. Businesses can disappear. And along with it, your investment.
3) In stocks, someone else is in total control of your investment. The only control you have is whether you are in or you are out. That’s it. In most Real Estate investments, YOU ARE IN CONTROL!
4) What other investment could you own where someone else (a total stranger) is going to pay for ALL expenses associated with that investment? Think about it . . . A total stranger paying your (a) mortgage, (b) taxes, (c) repairs, (d) upgrades, (e) management fees . . . and potentially a down payment on your next investment. Everything!
5) And what other investment provides a consistent cash flow . . . month in and month out.
6) Can you sell a stock and not have to pay taxes on the profit before you reinvest in another stock? You can sell real estate, turn the proceeds (including the profit from the sale) TAX FREE into other real estate investments. You take it ALL and reinvest. (1031 exchange)
7) And what other investment offers so many perks in one investment vehicle? Investment Real Estate provides . . .
a) A positive monthly cash flow
b) Tax deductions
c) Depreciation of the investment while at the same time . . .
d) The investment is appreciating in value!
All bundled in one investment!!! That “ain’t happenin” with any other investment. Just Real Estate!