Real Estate Investing During the Great Depression

Real Estate Investing Remains a Great Prospect to Earn Money

If you used to listen to the news, then it’s no longer a secret to you that the real estate in the United States is currently experiencing trying times. Real estate prices are declining across the country and people are scared to buy or to sell. Smart investors, however, find it an unprecedented opportunity to get into the market and make some smart purchase for the future.

If you look back through time, you’ll see that 83 out of the last 85 years the single-family homes have been increasing in value. The only years they didn’t was during the times of the Great Depression. Other investments such as on precious metals, stocks, and bonds have not seen this steady increase; this is unprecedented.

The world had witnessed many great events this past 85 years. We had two world wars; the Korean War, and the Vietnam War. We had dozen recessions and a fair share of inflation and deflation. We had baby boomers and women liberation movement and we now have computers, Internet, and globalization. And yet many investors will not touch real estate.

I believed the reason is that people are looking for easy money or a short term gain. Obviously this will not happened in a down market unless you are wholesaling. This means using the technique of buying low and selling low.

But we are not train to look for the long term gain because we live in a microwave society; a society wherein things need to happen fast. We have forgotten that the buy-and-hold strategy have an extra incentive called depreciation and tax advantages.

Some of the things that are holding people back are lack of tenants, vandalism, maintenance, negative cash flow, law suit, renovation, and foreclosure just to name a few. But if you think about it closely, no investment strategy is not without any challenges. Each one of these challenges can be overcome by a specialist or by teaching ourselves how to solve them and become expert in these areas.

If you agree with me that real estate investing can be your ticket to wealth. You should devote time and energy to study the obstacles and don’t be afraid to take manageable risk. After all, a doctor goes to school for 6 years at least and starts his practice with a pile of debt.

Real estate investing is a business where you can make hundreds of thousands of dollars and you don’t necessarily need to incur debt to start with. There are many ways to enter in this business with no money down; you just got to be diligent enough to find the right partners.

Anyone who puts faith in real estate investing is not investing in something new and untried. You are entering into an investment opportunity that has a track record that speaks for itself. In fact, majority of the millionaires in this country got their first million through real estate. What’s there to be afraid of but your inability to seize the opportunity when it’s presented to you – everybody is welcome to join real estate investing!

Author: Jacques Coquerel

Jacques Coquerel is a real estate investor based in Atlanta, Georgia. He has made more than 750 transactions since 1996. You may visit one of his sites http://www.reonline101.com and receive a 13-part FREE ecourse on real estate investing.

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