Chapter 1
Thinking about Real Estate
IN THIS CHAPTER
Taking a look at real estate investments
Determining whether you have the makings of a real estate investor
Examining what goes into real estate investing
Making real estate a part of your investment strategy
Owning land has been a status symbol for generations. It once gave people a right to vote and a degree of independence from the demands of the world. Today, it promises financial independence, which amounts to the same thing for most people. Land is tangible; you can stand on it and live on it, things you can’t do with investments bought and sold online, and represented by numbers on a page. Whether you have a handful of homes you rent to university students, renovate a run-down character house to be sold at a profit, or buy the local strip mall and make it a gathering point for the neighbourhood, you’ve got opportunities for making money as well as making a contribution to your community.
Real estate is everywhere: the apartment or house you call home, the mall where you go shopping for groceries and clothes, and the office ...
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