1 post tagged “rental properties”
The national average for real estate appreciation in the U.S. has been 6% - every year - for the last 80 years.
What that means to me is that every year you and I DON'T invest in real estate is another year that we're LOOSING money!
My goal for 2007 is as follows:
- Reduce my debt to income ratio
- Buy another investment property
- Build my wealth
This is a simple yet effective strategy that WORKS for successful real estate investors and it will work for YOU as well...
The big challenge for most of us here in America, is the "Reducing Debt to Income Ratio". This includes paying down credit cards and outstanding loans, because most of these debts are "bad debt" (debt that COSTS you money) as oppose to "good debt" (debt that MAKES you money).
This takes discipline and foresight - and the will to sacrifice short-term pleasure for long term gain. That's why my goal this year is to reduce my "bad debt" so that I can continue to buy investment property (the key to getting rich with real estate investing is contiuously buying real estate as an investment).
It's important that you educate yourself.
You can enroll in my free "Investment Property Program" if you want to learn more about the approach that I use to aquire and manage my own investment properties.
How does real estate investing work? Visit my Squidoo profile to learn more...
