Why invest in Real Estate?

God isn't making any more land.....two-thirds of the earth is covered in water.....and our population is growing exponentially. How's that for an answer? Now that I have your attention, there are many more reasons why real estate will most likely be your single best investment you'll ever make. Lets look at one fact that makes a good case for making real estate your first investment choice. Did you know that every 15 years the cost of goods and services DOUBLE! Remember when gas was 30 cents a gallon in the 1970's, then 60 cents in the 1980's, $1.50 in the 1990's and now in 2007 we see prices over $3.00 a gallon. Whether it's College tuition, cars, or Real Estate, the doubling effect has been a fact of history.

Real Estate, however, has been known to double in 2 - 3 years in a seller's market. The strategy you must learn when buying your first piece of property is WHEN TO BUY. Learn this, and you will be quite successful. Fail to learn this, and you'll put yourself in the poor house. I will explain the strategy in greater detail in future postings.

In tomorrow's Blog, I'll get into how much money you'll need to start investing and how your credit score can save you thousands of dollars or cost you thousands when you're ready to buy.

Warning for new investors...beware!

Have you ever stayed up late and watched a Real Estate Info Commercial? There are many out there that guarantee you can buy property with no money down or bad credit. They often suck you in with promises of getting rich without using any of your own money. They'll then convince you to spend $300 on their Audio Cassettes or DVD that will show you how to achieve this remarkable feat. DON'T FALL FOR IT! They're in the business of separating you from your hard earned money. Most of the information in their literature isn't even relevant to the Real Estate laws in your state. What about the money back guarantee you say...These companies know that 95% of their buyers will never take the time and effort to send the tapes back. Shipping and Handling, (which is usually non-refundable), for those programs can exceed the cost to produce the Real Estate Guru's tapes (so he has already made a profit even with a refund......how do you like those apples?).


The point is, nothing worth having comes easy but with the right information you can succeed. In tomorrow's Blog, I will give you the first of many pieces of the puzzle that will help you successfully get your very first piece of Real Estate.