Investing in Real Estate

As the economic crisis continues, many Americans are looking for tangible assets to secure their life savings.  Nothing can compare to the uniqueness of securing your assets in real estate.  Whether you acquire acreage, or investment properties, residential or commercial, land is a physical asset you can enjoy.

Always in Demand

Real estate is still the best investment one will ever make in a lifetime.  Andrew Carnegie led the expansion of the American steel industry in the late 19th century and became one of the richest Americans in history.  He mentioned back then that investing in real estate was a good way to accumulate wealth.  His comment about real estate holds true to this day! 

It’s always a good time to buy real estate.  If you are renting and have no desire to relocate, why not look into buying?  You can put your rent payments towards owning.  Do it again, and someone will pay you the rent.  Supply follows demand, and the number of new homes each year shows the demand for new housing.  People always need a place to live.  Even in a buyer’s market, there are opportunities if you know how to look for them.

Investment for Beginners

There is no doubt that real estate is a great way to invest safely, because if you bought it in a seller’s market when the value was high, you can always hold on to the property and rent the space.  Wait to sell it when the market swings back in your favor.  Real estate is a low risk investment with a good chance of growth and return. 

Timing is Everything

You will never win on both sides of the transaction at the same time.  In other words, if you are buying a new home and then selling your old home right away, you will do better on either the purchase of your new home or the sale of your old one.  If you buy when the demand for homes are low, you may find the home you want for the best price, but you may also want to wait before you list your old home in a buyer’s market. Knowing when to buy and sell is how many people build their wealth.     

Always a Smart Investment

Real estate is a tangible investment, like gold, diamonds and other precious metals and gems.  These are safe investments because they can’t be duplicated.  There is only a certain amount of land, and land cannot be manufactured, produced or printed.  Real estate is also a great way to diversify your investments.  It’s always smart to have your exposure in several areas.  With the many moving parts of the economic machine, there’s always a chance one crashes while others do well. 

Investment in Commercial Property

The earning potential in commercial real estate is higher than residential.  Owning commercial property isn’t for the weak.  It does require more of your time, maybe some professional help, a larger money investment, and comes with more risks.  But the benefits can out-weigh the down side.   This is a good article related to investing in commercial property

It is always a smart thing to consult with a trusted attorney or licensed real estate broker.  Having the power from knowledge is an advantage when it comes to making a sound decision in any investment.  Commercial real estate contracts can vary and at times seem confusing.  Be sure to ask lots of questions.  A good real estate agent will know, or know where to get you those answers.

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