Real Estate Information - Please Click on our Articles
CREATING LEVERAGE is the key
to wealth in real estate investing. Using a little of your own
money to move a lot of someone else's money
allows you to enjoy the benefits of
deprecation for tax purposes and the real appreciation that
occurs on the value of the entire investment.
Between 1975 and 1995, all forms of real property
(including houses, land, buildings and other structures) in the
U.S. appreciated by 8% per year. Single-family homes gained
about 6% a year. 1996 through 1998 inflation has been almost
flat, but in most areas, well located property continued to
appreciate nicely.
We also cover the subject of using leverage
in some depth on our page about how to buy income property
with no
money down. That concept is as old as the "come-on" used
in various real estate investing courses containing books and
tapes, that are sold for hundreds of dollars, to thousands of
people like you on TV every week. However, please believe us;
learning how to buy property with no money down is just one the
things you will need to know and understand in order to become
successful in the rental property business. You will also learn
that although you can buy real estate with No Money Down, it
usually means you pay more for the property than
you need to and don't enjoy the best possible terms.
Learn all you
can about every aspect of the business. It doesn’t take unusual
intelligence or hard work to get rich in real estate. It just
takes knowledge of some basics and then the willingness to
follow through with what you learn. If you get confused or need
additional information, join professional landlords in a local
association. Post a question on a discussion page. We won’t wish
you luck, because luck has little to do with success, but we
will wish that you get started today.
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