When is the best time to buy real estate? When buying real
estate for investment, smart money does not buy at, or near, the
top of the market. Smart money buys real estate at, or near, the
bottom of the market.
Historically, real estate often runs in cycles of approximately
7-10 years. Real estate often goes up (sometimes dramatically)
for several years, tops out, goes down for several years, hits
bottom and then starts going up again, beginning another 7-10
year cycle. It's a bell curve ...Read the rest of this entry »
How long can prices rise before no one can afford to buy? In a
nutshell, that is the basic question that is niggling at the
back of our collective subconscious when we talk about the real
estate bubble.
Real estate is appreciating at staggering rates - as much as 19%
in some counties in Florida according to state officials.
Meanwhile, on the financing scene, interest rates are low - and
staying there. Low interest rates mean lower monthly mortgage
payments - which means that many people are ...Read the rest of this entry »
Copyright 2005 Alex Nghiem
Did you know that real estate investing has created more
millionaires that ALL other industries combined? The question,
then, is why are more people not invested in real estate? Even
with the increased awareness in real estate investing, more
people are still familiar with other forms of investing such as
stocks and mutual funds.
In this article, I will discuss 7 myths that about real estate
investing that are costing you tens of thousands (maybe hundreds
of thousands ...Read the rest of this entry »
Buying real estate can start with a look in the newspaper, a
visit to a broker, or a search online. These are all good ways
to find your next investment property. You're looking at the
same properties as every other investor, of course, so it's not
always easy to beat the competition to a great buy.
A better way to find good real estate investments is to look for
properties that aren't yet for sale, and make an offer. I bought
my first home this way. I put an ad in the paper stating what I
was ...Read the rest of this entry »
What do we really want?
To be successful, we need to know what we really want. This
involves a vision of our life as we desire it to be. To cite the
success coach, Tommy Newberry, 'The most successful people in
the world are those who have taken the time to figure out
exactly who they want to become and what they want to achieve,
and then invest the hours of their days in activities consistent
with these ideals' (Success Is Not An Accident, Looking Glass
Books, 2000, pp. 4-5)
Comparing our life ...Read the rest of this entry »