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Want to Learn More About
Investing in Real Estate?
These days, there are so many ways
to learn about how to invest in real estate. In fact, it's
hard to watch any late night television without seeing at least
one paid infomercial or advertisement on investment real estate?
Why?
Because real estate continues to be
the best long-term investment option for
most Americans!
The author of the website recently
had a long, heart-to-heart discussion with his
father-in-law, who immigrated to America almost forty
years ago. Over that period of time, the
father-in-law had become quite wealthy, being one of the
earliest investors in the Fidelity Magellan fund, while,
at the same time, acquiring and holding many, many
investment properties in a small northeastern town in
Massachusetts. The author asked his father-in-law
which investment vehicle had made him the most money
over the past forty years, and the father-in-law
answered without hesitation, "Real Estate!"
And this is a man who one of the
early investors in one of the most successful investment
funds of all time. The father-in-law answered a
few more questions on the same subject:
Was it always easy?
No, it wasn't.
Was it, in fact, hard work?
Yes.
Sometimes, it was very hard work. Other times, it
was less hard, but it always required some work.
If the properties were fully rented to great tenants,
then very little effort was required. During those
times, the father-in-law could go for months doing
nothing but occasionally paying bills and collecting
rent checks.
Were the properties that he
owned easy to acquire (even back then)? No.
What was involved? He
had to search for the right deals. He had to buy
properties that made sense and the acquisitions had to
make sense on the day that he bought the properties, not
some time in the future based on a rate of appreciation
that no one could guarantee. Same is true today.
How many properties did he have
to examine before making one acquisition? Usually,
only one property in one hundred is worth buying.
The author finds that the same ratio is true today in
the Puget Sound Area. Of the one hundred
properties that the author identifies, researches and
then negotiates, usually one one is worth acquiring.
Okay, you've got me totally
hooked! What is the best way to learn to about
investment real estate? If you live in the
United States, the best real estate teacher in the
country is Puget Sound real estate maverick Greg
Pinneo. Information about Greg Pinneo and
his real estate investment courses can be found at the
Reach Returns
Website. Most importantly, in the opinion of
the author, in addition to being a highly gifted teacher
and public speaker, Greg Pinneo is an ethical, sincere,
and genuinely caring person. You couldn't ask for a finer
teacher! If you are serious about this subject,
would like to learn more, and would like to start on the
path to developing long-term wealth,
then contact Greg Pinneo at
Reach Returns
and get started today!
(The author of the website has no
commercial arrangement with Greg Pinneo, Reach
Returns, Louis Brown, or John Burley, and the author is not paid to endorse
or sell any
course or product. Opinions expressed here are the
opinions of the author only. You should make your
own decisions about whether to subscribe to the courses
taught by any of these individuals.)
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