I have been reading lately about the investors moving into the real estate market.I read to day that 77% of Americans earning more than $500,000 per year believe there is opportunity in purchasing right now.In the next year more than 40% plan to add more real estate to their holdings.The reason?Well 88% of them think values are going up.
But you say 'I don't make $500,000 a year'.That's ok ,those folks didn't either at one time.However I bet they started investing in real estate over time and now that is part of the money machine.That's why they keep repeating the success cycle.It can start by investing in a vacant lot.Maybe with a partner.Think, if you buy one property a year for ten years you would be financially set.It doesn't matter what you buy just make the commitment.You will find that well before the tenth year your first properties will have increased in value enough to sell for larger investments or have enough equity to pull money out be refinancing.Money you can use to buy more real estate.
It takes a leap of faith,some thinking and planning,goal setting and some patience to watch for the opportunity.Here's the ultimate...invest in something you can play with at the same time.Waterfront is blue chip real estate and you can play with it while you own it.I've watched for generations and it will happen for generations to come.Spring is here!
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