Real Estate Can Be a Great Way to Build Wealth


by Lim Zheng Yang - Date: 2006-12-07 - Word Count: 342 Share This!

Real estate is one of the best and easiest ways to create wealth.

It is the world's biggest single asset class; it is a tangible, cash-generating asset, and appreciates in value.

Still, it is a formidable investment, as it can be difficult to acquire.

The variety of neighborhoods and real estate is nothing short of amazing.

Real estate is sold in all areas, but employment is concentrated in large urban areas and in rapidly growing communities.

The agreement to sell between a buyer and seller is governed by the general principles of contract law.

Commercial real estate is a business investment made up of all property that is for sale or rent, and is driven by economic centers anchored by population, commerce and distribution, and leasing it is a process

Commercial zoning is property in which commercial real estate is going to be built on.

The fact that real estate is depreciable is another great advantage.

Real estate is an exciting business to be in, and it should be a fun and rewarding experience.

Most of it is purchased, at least in part, because of the tax benefits that accrue for the owner.

Buying or selling real estate is an important decision in anyone's life and is not a decision entered into lightly.

It is one of the largest investments you will make and it's a big decision indeed.

Your real estate is probably the most valuable investment you will ever own.

All real estate is exciting, but actually making money from your investment does not happen by accident.

It is often an emotional decision, which is not easy to remove from the equation when you are making your decisions.

Real estate is cyclical, and the cycles last for years.

And with technology moving forward at a rapid pace, sustainable real estate is not the far into the future.

Although it is not their sole source of wealth, it remains a staple for many.

Preconstruction real estate is emerging as one of the most profitable and cost effective ways to invest in high ROI areas such as Florida and Las Vegas.

Real estate is likely to continue to be a good investment.


Related Tags: property, real estate, investments, sale, condominium, investment trust, reit, duplex, zero down

Lim Zheng Yang has compiled the latest news and resources at his sites: Guide to Oregon Real Estate, Guide to Rhode Island, Guide to Tucson Arizona Real Estate

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