| Forum | Contacts | Articles | Partners | Photo | ||
Best photo: ESTATE Buying and HoldingMost people associate real estate investing with buying and holding property—a great wealth builder. If you buy wisely, your net worth will go up, and you will have monthly cash flow, property appreciation, and some tax advantages. Certainly, a disadvantage to the buying-and-holding strategy is dealing with a lot of tenants, many of whom cause problems. I always say that if you do not have problems being a landlord, you do not have enough tenants. Holding property is a management headache. You have to deal with contractors, constant repairs, liability, insurance, taxes, ongoing costs, and overhead. Still, it is one of the best wealth builders in the world. Because of all these variables, I advise against buying and holding property for your first 6 to 12 months of real estate investing, but buy and hold it as time goes by. Most people should start by flipping property so they don’t put their capital or credit at risk.Updates: What Changed My MindWhy Real Estate Investing?An Overview of the Road to Unlimited Richesin Real EstateDuring my first several years of real estate investing, I knew ofFresh news: © Copyright 2009 - Real Estate |
||
|
ESTATE |
||