with recent rise in the real estate market and many feeling comfortable with their home purchases, I have met with many of you over past few months for advice on real estate investments. i read somewhere that 9 out of 10 millionaires are made in real estate. I am sure you can identify many of your friends whose property values have gone up and they have homes valued over a million dollars. How many friends can you identify who have become millionaires with stock options. I understand that these friends with over million dollar homes have mortgages. However, those will be paid off at the end of their mortgage terms.
There is a meaningful word associations for each of the letter in word R-E-A-L, real Estate.
Yes, the real estate is real. It is attached to the ground. Its not paper money which can disappear any time, as we have seen many companies rise and fall. The four letters of word R-E-A-L that make you wealthy are:
– R for Real
– E for Equity
– A for Appreciation
– L for Leverage
So these are four benefits to owning a Real Estate.
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