FOR ALL YOU INVESTORS, THINK I FOUND SOMETHING GOOD HERE

[Harry Tasker]

TweetI want you guys to check this out. Research it, see what you think. The return is pretty big as it seems. I was told to research this as my friends aunt did it and made out very well, she's a self employed stock broker who knows a lot about real estate, check it out and let me know what you think. I'm going to research and invest if its looks legit enough. The more opinions the better!

Thanks



www.nareit.com

[solidground]

Tweetim a mortgage broker but pretty much spend 90% of my time investing in real estate, you can definately make money if you do it the right way..a reit is always a good idea if your planning on investing in alot of properties..i went to the site , which part exactly did you want a comment or advice on? i didnt know which part to click on..personally i think you should try to learn every aspect of real estate so you have knowledge of everything your doing with the house (mortgages,flipping,selling etc.) and then look in to a reit..pm me if you have some questions..i really just started out but i know the basics and have a few properties.

[solidground]

Tweeti looked into this a little bit more for you, its bascially like buying a stock, only in real estate..from the people i asked they all had pretty good things to say about reits..im not that knowledgeable about them as you can tell but you got me interested so if you go ahead with this let me know how it goes and ill try to get some more info for u

[superdog]

TweetBear in mind that in Japan your savings acct gets no interest so is 5% (pretty standard at US banks) really so bad?

[T-Man007]

Tweet

im a mortgage broker but pretty much spend 90% of my time investing in real estate, you can definately make money if you do it the right way..a reit is always a good idea if your planning on investing in alot of properties..i went to the site , which part exactly did you want a comment or advice on? i didnt know which part to click on..personally i think you should try to learn every aspect of real estate so you have knowledge of everything your doing with the house (mortgages,flipping,selling etc.) and then look in to a reit..pm me if you have some questions..i really just started out but i know the basics and have a few properties.

Agreed 100% I've been a Real Estate Appraiser for almost 4 years and I just bought my first investment a few months ago. After doing over a thousand appraisals in my area during that time I know exactly what it good and not good in my market. I'm in the process of getting my next one now. My ultimate goal is to have 1 to 1.5 million in investment property. The average appreciation here is 6 to 6.5% but being conservative and estimating only at 5% the properties will double in 14.4 years if you apply the rule of 72. So, 1 million becomes 2 million in 14.4 years and in another 14.4 years it becomes 4 million and paid off. That's a portfolio right there. 4 million in 30 years and someone else pays the mortgage off for me. If you are really smart you DO NOT REFI the properties because as inflation goes up the rents will go up and you will have a substancial cash flow down the road. But, if you keep refinancing then your payment goes up and your cash flow doesn't increase. You have to be disciplined. This way, you can live off of the positive cash flow for retirement and be able to leave the properties to your kids when you go. If you keep taking moneyout against the properties then you will have mortgage payments when you retire and you will have to pass that on to your kids.

Oh, and this is a fact, 90% of the millionaires in this country acquired their fortune through Real Estate investment, not the stock market. Make no mistake, Real Estate is a proven investment.

[solidground]

Tweetthe way i do it is take equity lines and float my money around, you just have to make sure your rentals cover your mortgage and your equity lines interest .that way you can hold the properties for as long as you need to, and eventually get the money you want for the house.

so t-man youre more involved in rental cash flows in order to buy the house down the road when it appreciates- then you are flipping houses? the way your going about it is alot safer then what i do but the money i make is just quicker basically