Free Investment Course
WHY REAL ESTATE AS AN INVESTMENT FOR WEALTH?
As a potential new real estate investor, you really should take the time to review the information on the following pages. This is a lenghty real estate investment course and may take you several weeks to complete it. This course will tell you why real estate is a good investment. It will tell you how to analyse and purchase properties to include in your portfolio. How to locate bargains and deal with motivated sellers. It will show you how to negotiate a win-win deal for both you and the sellers. It goes over creative financing and risk-free offers. It shows you how to close on real estate transactions and goes over the closing process in detail. After you have properties in your portfolio we will show you how to manage these properties from advertising to renters and how to pick the best potential renters. Finally it will show you how to purchase and evaluate pre-development and development properties.
As you are reviewing this program, you will think of or run across possible investments that you will now be able to realize. If you are a beginner and you are not comfortable with going them alone, or do not know how to approach them financially, instead of passing up these opportunities, give me a call. I have access to quick money if needed, and experience to make offers on any good deal. Please even if it is your last option, 50% of something is better than 100% of nothing. Plus you will gain invaluable experience.
My name and contact information is at the bottom left of every web page on this site. Give me a call or drop me an e-mail. We can discuss your opportunity and make it a win-win proposition for all involved.
VERY IMPORTANT- Please remember to bookmark the page where you stopped using the page tools located near the top of each page.
There are compelling reasons to be active in the real estate investing field today. For many years, real estate investors have spoken of income property as the "ideal" investment. They have used the word "ideal" as an acronym for the five key factors of real estate investing that have made it attractive over the years as an investment alternative:
- income generation
- depreciation (tax advantages)
- equity buildup through tenant debt service
- appreciation
- leverage
By now, most people who have been active in this field or who are now in training for it are familiar with this succinct formula:
I = Income from rents
D = Depreciation (tax benefits allowed by Uncle Sam)
E = Equity buildup as tenants make their payments
A = Appreciation as the value of real estate grows
L = Leverage through the use of "other people's money"
For historical reasons, we have to conclude that this formula is in part true, and in part misleading. It is important to enter the real estate field with a clear picture in mind of its advantages and disadvantages.
In 1986, the government "reformed" the tax laws in a major way and, for all intents and purposes, clipped the wings of this kind of investing, except for a few lingering and selective advantages. At the same time, appreciation took a U-turn in many areas of the country. And thousands of new investors who had jumped into the fray with minimal business sense found themselves enrolled in the
All of this (believe it or not) was really for the best. It meant that the "IDEAL" investment had to be spelled a little differently: "I-d-E-a-L," with a small "d" and a small "a."
Let's see why.
Today's real estate investors can still enjoy the benefits of income generation through tenant debt-service. They can still enjoy equity build-up (even while they are asleep at night). And leverage is still a vitally important dimension (in many respects the most important dimension) of this type of wealth building.
However, the tax benefits of owning income real estate have been seriously reduced when compared with those available in the "good old days," and appreciation is at best regional and unpredictable because of the downward economic trends of the past five years. The consequence of this historical shift has been to place real estate investing forcefully into the only context where it makes any kind of sense at all, i.e., that of a business based on principles of good, professional, business practice. In other words, your chances of succeeding in real estate investing are now precisely linked to how professionally you proceed with this kind of enterprise from a business point of view.
That is the way things should be if they are to have any longevity and profitability. Fortunately, the real estate bubble of "get rich quick" fantasies with unlimited appreciation and fail-safe but often accidental profits has given way to reality. But the reality has turned out to be nearly as good as the fantasy--if you know what you are doing.
Here is the bottom line: if you have the desire to enter the field of real estate investing today, then enter it with your eyes open, with a commitment to weighing and analyzing all of the factors objectively, making informed decisions based on factors of profitability and predictability, and operating your enterprise in every respect like a legitimate business, with legitimate goals, legitimate controls, and a good measure of creativity to gain advantage in the market place.