Investing in Real Estate:
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Allows you to build wealth over time with a leveraged purchase
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Other people (tenants) increase your net worth each month (Rent payments = reduction in mortgage balance and provide income)
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Housing is one of the top needs of human beings
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Regardless of housing values, income is still being generated
High yields are available in real estate investment trusts, but they come with volatility. The best values for a long-term investor are depressed single-family homes and condos. But unless you’re prepared for the hassles of being a renovator and landlord, there’s no easy way to take advantage.
— Kiplinger’s Personal Finance, December, 2011
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