Investing in Real Estate:
Allows you to build wealth over time with a leveraged purchase
Other people (tenants) increase your net worth each month (Rent payments = reduction in mortgage balance and provide income)
Housing is one of the top needs of human beings
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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