Jack Wress

Is Real Estate Investing Our Best Shot at Wealth?

Your primary residence can be considered an investment depending on how you approached the purchase. If you bought at the proper time, in a region with solid fundamentals then you made a good investment.

I only got started about a year ago after stumbling onto deangraziosi.com, and the entire community was geared towards helping new real estate investors. Fortunately I have the liquidity to purchase real estate more than most new RE investors, and I approached the situation just like investing in equities.

I determined the technical indicators show this is a time to buy in certain cities/towns, I researched the fundamentals (jobs, growth, crime, schools, etc) and then started playing the numbers game getting properties at 30% off the current comps (yes, current, within a month or two max).

Not only do I have instant equity on these, they cash flow even while paying down the mortgage.

When it comes down to it, real estate doesn't evaporate like common stock does... and apples to apples... had you invested in real estate at the top you still wouldn't have lost as much compared to the Dow percent wise.

As a equities investor and casual trader I can say real estate can be sound. A lot of people and websites make it more complicated than it needs to be or really is. I was lucky to find some people online willing to do some hand holding when I started, but it seems hard to not be able to make a killing right now in real estate.

Again.. I'm not saying current list prices naturally mean it's a no brainer... I'm saying you can play the numbers game since there are some many REOs and find ridiculous low balled deals to the already slashed prices of homes.