Know the importance of investing for a HOME now... WHAT IS INVESTMENT? In finance, the purchase of a financial product or other item of value with an expectation of favorable future returns. In general terms, investment means the use money in the hope of making more money. WHAT IS A GOOD INVESTMENT? INVEST IN REAL ESTATE..... “Its tangible, its solid, its beautiful. Its artistic, from my standpoint, and I just love real estate.” - Donald Trump ADVANTAGES OF INVESTING IN REAL ESTATE SIGNIFICANT PROFITS There can be a major advantage to investing in real estate if you find property at a price low enough to result in a significant profit. For example, some investors buy real estate they intend to flip. Flipping can result in huge profits for investors. The property may be in foreclosure, in danger of foreclosure or needs little or no repair. You may purchase the property for much less than its value, repair or update it, and resell or flip it at a much higher selling price. Exercise extreme caution in this kind of venture. ON GOING ADDITIONAL INCOME Another advantage to real estate investing is the rent derived from rental property. It can result in ongoing, additional income. Over time, additional income may enable you to take a dream vacation, buy a long-awaited speed boat or grow your retirement fund. ACCESS TO CREDIT Contingent on a variety of factors, additional income generated from real estate investments may give you access to more credit. Generally, lending institutions lend more money to people who make more money. The additional income made from real estate investments may open broader credit lending doors. LEAVE A LEGACY Real estate may be willed to family members after your death. You could leave a legacy for your children by investing in real estate.
Posted on: Fri, 21 Feb 2014 08:10:48 +0000
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