1. You don't have to quit your day job to get started.
2. You're the boss.
3. You use other people's money.
4. You establish a hedge against inflation.
5. You can quickly increase your net worth.
6. You save money on taxes compared to other investments
7. You generate cash flow.
8. You can turn over management and enjoy
9. You help improve neighborhoods.
10. You create a fantastic retirement fund independent of other plans you may have.
Let's look at number nine today. You help improve neighborhoods. This real estate investing benefit is my personal favorite. I love fixing up a dump and turning it into a dollhouse.
Every time we improve a horrible property, other neighbors get inspired to paint and landscape. Sometimes we help the neighbors with advice, tools, and even physical labor. Improving the neighborhood does mean that we make more money. But it's the satisfaction of making a difference in people's lives that really pays.
Copyright © 2005 Jeanette J. Fisher. All rights reserved.
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