01-25-2022, 09:43 PM
[font="Avenir Next", Arial, "Helvetica Neue", Helvetica, sans-serif]That's a question we are all asking today. Why? Because of the many stock market investors who speculated in real estate, the problems surrounding sub-prime loans with the resulting foreclosures and bank failures, and falling home prices.[/font]
[font="Avenir Next", Arial, "Helvetica Neue", Helvetica, sans-serif]If the late Dr. David Schumacher, my mentor for the past 10 years and author of the now-famous book, The Buy and Hold Strategies of Real Estate, were still around, I know what he would say because he said it during the last downturn in 1990-1995. He would tell us not to worry. This is only temporary and part of the normal cycle of real estate.[/font]
[font="Avenir Next", Arial, "Helvetica Neue", Helvetica, sans-serif]It creates bargains that can benefit you. This cycle has been happening since Montgomery Ward began offering homes for $1,500 through its catalogs. As sure as the sun rises and the seasons come and go, real estate will make those who own it rich over a period of time. He would add that now is the best time to get great deals in real estate.[/font]
[font="Avenir Next", Arial, "Helvetica Neue", Helvetica, sans-serif]The Real Estate Cycle
Real estate is still the best investment possible if you chose the https://movrup.com/. It always has and always will do well in the long run.[/font]
[font="Avenir Next", Arial, "Helvetica Neue", Helvetica, sans-serif]This is the fourth real estate cycle I have been through and none of the downturns were fun. However, if you have patience and look at the long term, your real estate will go up in value more than any other investment. Do not treat real estate as you might treat the stock market, worrying about the ups and down.[/font]
[font="Avenir Next", Arial, "Helvetica Neue", Helvetica, sans-serif]Since 1929, real estate has gone up an average of five percent a year; if you stay away from the obvious non-appreciating areas like Detroit, it is more like seven percent a year. At that rate, properties will double in value over 10 years with compounding. Add a federal tax benefit of 28 percent plus state tax deductions, the depreciation write-off for rental property, and the eventual pay-down of the loan and you have a strategy rich people have always used to accumulate wealth.[/font]
[font="Avenir Next", Arial, "Helvetica Neue", Helvetica, sans-serif]If the late Dr. David Schumacher, my mentor for the past 10 years and author of the now-famous book, The Buy and Hold Strategies of Real Estate, were still around, I know what he would say because he said it during the last downturn in 1990-1995. He would tell us not to worry. This is only temporary and part of the normal cycle of real estate.[/font]
[font="Avenir Next", Arial, "Helvetica Neue", Helvetica, sans-serif]It creates bargains that can benefit you. This cycle has been happening since Montgomery Ward began offering homes for $1,500 through its catalogs. As sure as the sun rises and the seasons come and go, real estate will make those who own it rich over a period of time. He would add that now is the best time to get great deals in real estate.[/font]
[font="Avenir Next", Arial, "Helvetica Neue", Helvetica, sans-serif]The Real Estate Cycle
Real estate is still the best investment possible if you chose the https://movrup.com/. It always has and always will do well in the long run.[/font]
[font="Avenir Next", Arial, "Helvetica Neue", Helvetica, sans-serif]This is the fourth real estate cycle I have been through and none of the downturns were fun. However, if you have patience and look at the long term, your real estate will go up in value more than any other investment. Do not treat real estate as you might treat the stock market, worrying about the ups and down.[/font]
[font="Avenir Next", Arial, "Helvetica Neue", Helvetica, sans-serif]Since 1929, real estate has gone up an average of five percent a year; if you stay away from the obvious non-appreciating areas like Detroit, it is more like seven percent a year. At that rate, properties will double in value over 10 years with compounding. Add a federal tax benefit of 28 percent plus state tax deductions, the depreciation write-off for rental property, and the eventual pay-down of the loan and you have a strategy rich people have always used to accumulate wealth.[/font]
