October 2011
Beginner
448 pages
11h 7m
English
As an asset class, and particularly if not financed with large amounts of debt, real estate has normally been a very good and stable investment. A well-situated, well-maintained investment property should grow in value over the years, and its rental revenues are likely to grow with it. While buildings may depreciate over time and neighborhoods change, only a finite amount of land exists upon which an apartment community, retail center, or office building can be built. If you own such a property in the right area, it can be, if not a gold mine, a cash cow whose value is likely to increase over the years. New, competitive buildings will not be built unless either rents or property values are high enough to ...
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