YOU MUST INVEST & SPECULATE – IN YOUR HOME & OTHER PROPERTY – TO HOLD OR TO FLIP
Why? Why invest, or speculate, in bad times or even during good times, with all the negative talk about how real estate has already “permanently” peaked, how it can just no longer climb in value by the leaps and bounds that we have seen in the past? There are, quite simply, Two Important Answers to this question: First, there is that strong body of Traditional Reasons To Invest And Speculate. Gains, Growth, “Advantages”, and Tax Breaks (Profit Areas). In addition to family-related and other personal non-pecuniary motivations, there are overriding, indisputable Basic Rationales for Prudently Dealing in Real Estate, both for the Short and Long Terms. (“Yields” will be discussed later in this Chapter.) Secondly, the shrewd purchase and resale, or retention, of real estate, particularly where you try to Capitalize On Market Upswings In Bust-Recovery-Boom Cycles, will additionally lead to huge rewards.
Real Estate Prosperity New Jersey
BUY LOW, BUY RIGHT (& SELL HIGH); WHEN BUYING / SPECULATING IN REAL ESTATE AND OTHER ASSETS, A CERTAIN PROFIT MUST BE BUILT-IN, UP-FRONT, AT THE TIME OF PURCHASE – BE YOUR PLANS TO HOLD OR TO FLIP, FOR THE SHORT OR LONG TERM, FOR PERSONAL USE OR BUSINESS GAIN.
As alluded to earlier, there are essentially FOURTEEN TRADITIONAL BASIC CATEGORIES OF GAIN AND GROWTH WHICH CAN BE ACHIEVED THROUGH THE LONG AND SHORT TERM HOLDING OF REAL ESTATE.
No matter what the current market may be, regardless of what the immediate trends may be, the bottom line is there has always been, and there will always be, a Great Deal of Money to be made in Buying and Selling, Holding, Fixing, and Renting, Foreclosures.
Buying The Property, Buying The Paper, Making Deals at the Right Time with other lienholders, Discounting, Going to Sale with or without the Paper; it’s all a bit of a Chess Game. But Get Some Knowledge, Buy Something (Buy Low, Buy Right), Find Some Paper, Get the Comps, Think, Do, Maneuver, Add in Some Creativity, and You Will Be Able To Turn Many Seemingly Marginal Situations or Dead End Deals, into Windfalls that the Other Guy Could Never See; Profitable Deals may jump out and hit you in the face, or they may be hidden puzzle(s) waiting to be thought through by the Right Buyer with the Right Knowledge and Savvy.