English version
German version
Spanish version
French version
Italian version
Portuguese / Brazilian version
Dutch version
Greek version
Russian version
Japanese version
Korean version
Simplified Chinese version
Traditional Chinese version
Hindi version
Czech version
Slovak version
Bulgarian version
 

Real estate investing produces extraordinary profits

Real estate RSS Feed





Imagine making $5000 a year from real estate investing without recognizing you are real estate investing!

Real estate values are so dynamic. The marketplace is always fluid and changing. The only constant is the eventual escalation of value.

Suppose you had owned that little piece of property in your neighborhood years ago where McDonald's is located today. If you had owned it for 20 or 30 years, what would your profit be from that sale?

Real estate values fluctuate in cycles and according to a myriad of owner situations. However, the price of real estate almost always goes up.

Let me give you a real-life example. (And if you are old enough, you have your own similar story!)

In 1970 I bought a little house in the Green Hills section of Nashville for $27,000. You know it wasn't much because of the price. But it was home, and the location was respectable.

In 1978 I sold that house for a bigger house in Green Hills. The sales price for that little house I sold was $67,000.

That's when the light bulb went off in my head! I suddenly realized that I had profited $40,000 from that little house in only eight years. I hadn't added any more rooms or a patio. And I hadn't even painted. I was witnessing first-hand how property values increase, often drastically!

I made a $5000 profit per year from that house, just from living in it.

It was an amazing discovery to me. It had been a reality forever, but it was no longer a vicarious experience in my mind. It was alive, because it was happening to me. And it changed my view of the world. That personal experience led me to start a real estate investing career.

I still live in Green Hills, and I pass that house every day on the way to the post office. That house recently sold for $200,000. Same size. Same location. But a phenomenal increase in value.

Asset growth from $27,000 to $200,000 is pretty astounding. And while the asset growth ratio varies from property to property (and city to city), real estate values generally increase. Even owning and maintaining your personal residence is cash generation right under your nose. I can't believe I was so dumb not to see it before it became so apparent.

If even home ownership can be so profitable, can you fathom the profitability in real estate investing?

Phil Speer, Ph.D., started his real estate investing career 25 years ago. Without the availability of credit and using only a $10 bill, he purchased $1 million in properties in his first year, and had accumulated $10 million in properties by his fourth year. He was featured in a Wall St.Journal editorial as most successful investor in the Nothing Down Real Estate Movement, and was honored with a Caribbean cruise as top investor of the year. In his hometown of Nashville, Tennessee, he has been a businessman and Human Resources Consultant for 30 years. He is an author, speaker and seminar director. To learn how to profit in real estate investing, even without cash or credit, read his report at at http://www.CashinHouses.com/. Subscription is free to his Fix-up Ezine. He and other contributing authors provide free articles and resources on real estate investing at his online "Academy of Advanced Real Estate Investing Techniques" - http://www.AAREIT.com/.

Article Source: Messaggiamo.Com





Related:

» Rocket Spanish!
» The Woman Men Adore...
» 500 Lovemaking Tips & Secrets
» All Types Of Wedding Speeches


Webmaster Get Html Code
Add this article to your website now!

Webmaster Submit your Articles
No registration required! Fill in the form and your article is in the Messaggiamo.Com Directory!

Add to Google RSS Feed See our mobile site See our desktop site Follow us on Twitter!

Submit your articles to Messaggiamo.Com Directory

Categories


Copyright 2006-2011 Messaggiamo.Com - Site Map - Privacy - Webmaster submit your articles to Messaggiamo.Com Directory [0.01]
Hosting by webhosting24.com
Dedicated servers sponsored by server24.eu