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There is a lot of BAD stuff written about real estate and a little bit of GOOD stuff ... start by finding and reading some good books (Google "John T Reed" and see which books he recommends and which ones he pans). The truth is that most people MAKE money through a business, then KEEP money by investing in real estate. If you can't (or won't) start a business (even on the side) then you can at least accelerate your LIFE SAVINGS PLAN by buying and holding income-producing real-estate. Right ...
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It is obvious that we are in an unprecedented realty situation at the moment. Losing your home is listed as one of life's major crises, up there with death and divorce, and yet this crisis is predicted to continue for another year. It raises the question in many people's minds - is it worth buying your own home? The U.S. Census Bureau released figures proving that the fourth quarter of 2007 shows the largest ever annual decline in home ownership since they started monitoring the figures ...
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There are many economic and market forecasts and predictions, however the bottom line is if you want to buy your first home—there is no wrong time. There is because the motivation to buy is not determined by regional market conditions or by location. Industry opinions, economic reports and investor speculation do not sway or predict when a particular individual will be ready to buy. For the great majority of folks, the most compelling reasons to buy a home are based on individual circumstances ...
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