PART IV

THE INS AND OUTS OF REAESTATE INVESTING!

Part IV Is about understanding that real estate is the consummate wealth building vehicle and the intricacies of how to invest in real estate.

Real Estate is the Consummate Wealth Building Vehicle because real estate:

  • Is safer & less volatile than stocks because it has inherent value in and of itself. By contrast stocks are dependent on consumer confidence for their value.
  • Generally provides more cash flow than portfolio investments.
  • Purchases can be leveraged where portfolio investments generally can’t.
  • Unlike stocks; it allows you to get immediate equity by buying below-market value.
  • Unlike stocks; it can be “refinanced” to pull out equity without liquidating the asset.
  • Provides both “income and appreciation.”
  • Provides superior tax benefits. It yields the investor: 0% tax-deferred money.
  • Provides hands on control which means its value can be substantially increased.

Given the above advantages of real estate, it should come as no surprise that most truly wealthy people either made their money in real estate or put their money in real estate for safe keeping. So the question is how do you become an astute real estate investor? For openers, you need to recognize that the real estate market is always changing. It is a circle never ending never beginning. New properties are built which, in turn, go through their life cycle and are either rehabilitated or torn down to make way for new buildings. By employing The Twelve Laws of Real Estate Acquisition you will be in a position to anticipate the changes inherent in the Real Estate Life Cycle and be able to make real estate purchases that will benefit from impending changes. You will also be able to anticipate new and different uses for property which will yield the “highest and best value for the property.”

Understanding the dynamics of what makes one area a better investment than another is at the heart of successful real estate investing. You can buy a great property at a great price but if it has location issues you may not do well on resale. So the key to real estate investing is learning “How to Pick a Great Property” but even more importantly “How to Pick the Right Location!”

With this in mind, we need to be cognizant of the fact real estate is an expression of our lifestyleand as such some geographic areas are preferred over others based on lifestyle indicators such as, access to transportation, availability of high-paying jobs, proximity to parks, shopping, entertainment, restaurants and most importantly good schools.

Real Estate can be used to fund your retirement, pay for your children's college education, or to go on regular vacations. There are specific strategies for how to use real estate to accomplish each of these goals while retaining the asset that built your wealth. But no matter what or where you buy always remember that as an investor you are buying cash flow and/or immediate equity.

Click Here to contact Larry to either ask him a question, engage him as your Realtor or if you don’t live in the Western Suburbs of Chicago and can not therefore practically engage Larry as you Realtor, but you would like to purchase a copy of TRUE WEALTH.