Most people wish they have more financial freedom and independence. They would then have less financial worries and be happier. Is this just a wish and a dream? Can this be actually achieved in your lifetime? My answer is yes, you certainly can. Is it easy? No, it’s not. Thanks God it’s not, otherwise everybody would be a real estate investor. Because of this fact, there are a lot more opportunities for people like you and I who are not scared of challenges and some risk-taking.
One way of increasing your wealth is to invest in real estate, for your own use first and later for resale or rental purposes. In big populated cities of most countries, real estate properties usually increase in value over time mainly due to the limited amount of residential and commercial lands, and also due inflation. Knowledge, patience and skills are required when you are investing in real estate because properties can be assets as well as liabilities. Properties are expensive to buy and they also cost a lot of money to manage.
The real estate market is full of tremendous opportunities for the savvy investor. Attending real estate seminars can give you leading-edge strategies to find, fund, and finalize lucrative deals – once you know where to look and how to negotiate, buy and sell!
With real estate, you are the one in control. You have a tangible property that you own, you have the pride ownership and a sense of financial security. You can actually see and show your investment to your family and friends. Of course, you must like the property, but not necessarily be emotionally attached to it because eventually you will sell it for a profit. In addition, it is one of the few businesses and investments that financial institutions like banks and mortgage companies are prepared to finance you at 80 – 90%.
You can retire rich through real estate investments and because properties values generally appreciate and have withstood the test of time. There are more millionaires who amass their wealth through real estate than in any other ways.
You can buy houses, apartments and commercial properties with 80-90% borrowed money and rent them out. The rents usually cover the mortgage payments and all other expenses or you can flip them i.e. renovate them and sell them. Best of all, real estate investment skills can be easily learned.
So put in the effort, do your homework, and buy properties and grow rich. If you are already a successful real estate investor, share your stories and your best advice.