REAL ESTATE: REAL GOOD
	Real Estate is a good place to put your money. So long as people keep populating the Earth, the land will be priceless. Real estate is a popular investment, mainly because it's not very volatile. Aside from that people seem to understand it more. It's a tangible asset. What's great about real estate is, that it provides a passive income. That is, you can make money while not having to work. You can make money renting it out! Not only that, but if the price of the property increases in price accordingly, you can realize a substatial profit. Many people have gotten rich off real estate. The reason is because you can use other people's money. Banks will never give loans for stock purchases, but they sure will consider giving you a loan for real estate. If you get the property at a good price, and you get a loan, and a reasonable rental price you can realize a profit. Even if it small, let's say $100 a month, you can still make a living. How? Imagine having ten or even fifty of those $100 a month rental properrties. That's a lot of money! What kinds of properties or real estate should you buy? Most are fine, so long as the building has liveable conditions and there are enough people around, most are fine. Both residential and commercial property are good investments.
		Principiles of Real Estate Buying 1. You make money on how much you buy it for not how much you sell it for. If you bought a house for $500,000 and sold it for $550,000 you would only realize a 10% gain. If you bought a similar house for $300,000 and you sold it for even less, $500,000, you would realize a 60% gain. Quite a difference eh? 2. The best real estate is in your back yard. If you live there, why wouldn't anyone else want to? Don't stray too far, there are good pieces of real estate around you. 3. Get a cheaper price by avoiding the middle man. Don't purchase real estate from a broker if you can. They usually get a 1-2% commission fee, which you could pocket! Not only that it's not in their best interest to get you the lowest price. Buy from a private seller. 4. The right price comes from the right seller. Don't buy from somebody who doesn't need to urgently sell their house. Otherwise they will diddle for a deal. They will be less flexible. An example of a good seller would be, somebody who is moving out of the country, or is retiring, or perhaps needs the money urgently. 5. Don't be afraid to make ridiculous offers (not too ridiculours of course, let's say negative $1). You never know who will accept. GOOD LUCK!
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