|
|
House Investing For Profit
When people think of
investing, the last thing they think of
is house investing. In fact, in November
2002, I did a key word search on
Overture, the largest key word search
tracking company on the Internet, and it
reported that not one single search had
been conducted using those two key
words!
Our goal is to change that and make house
investing a generic term. What is very
interesting, to most families their home
is their single largest investment. Yet,
when it comes to quote
"investing," most do not even
consider buying houses. They think
stocks, bonds and mutual funds.
Why
is this? I think it is because they may
have faulty information about costs,
financing, negative cash flow and
management. They may also be concerned
about liquidity. There are tons of
information about investing in stocks,
bonds and mutual funds but almost
nothing about house investing except for
flippers and no money down deals. Let me
tell you, from almost 37 years of
experience, that is not where the real
money is.
Yet, if one really looks at house
investing and what houses have done over
the years very few investments can match
their track record. Homes have a history
of being the best investment most people
made in their lifetime. Why not
learn from this lesson in life?
Imagine,
if instead of owning one home, you or
your parents had bought 10 houses, and
you still owned them. How much would you
be worth today? How much rental income
would they be producing? Once you
understand house investing, it is easy
to see how people have become
independently wealthy investing in
houses and how you can too!
|
Brookstone
Chula Vista, CA
Paid $ 71,021 09/96
Value $ 225,000 12/02

Avenida de
Suenos
Oceanside, CA
Paid $ 121,781 12/96
Value $ 320,000 12/02
|