Chapter 1
Evaluating Real Estate as an Investment
IN THIS CHAPTER
Focusing on the potential of real estate investing
Contrasting real estate with other investing options
Deciding whether real estate is really for you
Arranging your overall investment and financial plans to include real estate
When coauthor Robert first entered the real estate field while attending college decades ago, his father, a retired real estate attorney, advised that he use his monthly income primarily to pay day-to-day living expenses and allocate money each month into long-term financial investments like real estate. This solid advice has served Robert well over the years.
It’s never too early or too late to formulate your own plan for a comprehensive wealth-building strategy. For many, such a strategy can help with the goals of funding future education for children and ensuring a comfortable retirement.
The challenge involved with real estate is that it takes some real planning to get started. Contacting an investment company and purchasing some shares of your favorite mutual fund or stock is a lot easier ...
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