Not only has the housing market made a strong economic recovery, but also in consumer and expert confidence in home-ownership as an investment. Not Because of a Difference in Lifestyle In the New York Times, an editorial entitled, “Homeownership and Wealth Creation” explains: “Homeownership long has been central to Americans’ ability to amass wealth; even with the substantial decline in wealth …
Category: Real Estate Investing
15 Year Old Buys Her 2nd Investment Property in Florida
Willow Tufano is a 15 year old girl that has just purchased her second investment home in Port Charlotte, FL. She found this steal on the MLS for $17,500 and began renovations on Monday. Where does Tufano get the money to buy houses? She finds free items, fixes them up, and sells them on Craigslist. …
Foreign Buyers Continue Purchasing Cheap U.S. Homes
Foreign consumers purchased $41 billion worth of American houses and apartments during the 12-month period that ended in March 2011, according to the latest statistics from the National Association of Realtors. That’s roughly the same as the previous year showing that foreign buyers continue to see value in U.S real estate. But add in the …
Thinking About Investing in Rental Real Estate?
It’s easy to get thrown off by the appearance of a property, your emotions, or what the media is saying. Here are four ways to avoid making that mistake if you are thinking about investing in rental real estate: Reality Check One: Who is Your Target Market? If the property is a good fit …