High unemployment. Increasing food and energy prices. Future worldwide water shortages. Amidst all of this we still see the long line at Starbucks. Paying for a single cup of coffee what would get you a full breakfast at a diner.
People carting out new HD 3D TV's. New cars, smartphones, ipads, ipods when they aren't needed for work. I think It's high time we live hard times and use real estate to build wealth.
Americans are proud to be one of the most productive countries in the world. As a result we "deserve" all of our conveniences and we make sure to indulge. Unfortunately these conveniences can't be had by all.
The mainstream media glorifies money and power persuading a lot of people to believe that more is better. So those who can't afford the unrealistic lifestyle, taken in by these advertisements tend to live outside of their means. What do they spend money on? "Things".
There's been a shift in America's consciousness about living within our means but it isn't enough. Time to get serious America. Get your finances in order because playing the credit card shuffle is nothing more than a pyramid scheme and the banks always win.
Focus on building wealth instead. Great way to do that is through real estate. Sure you have seen home losses but for every one loss you show me I'll show you 8 with huge gains. A lot of people lost money in the stock market March 2009 but those who held out and bought more stocks at that low, have since recovered and made huge profits.
It won't be long before you say, "Wow, I remember when that $400,000 house was only $250,000 a few years ago and rates were less than 5%. I wish I would have..." I wish means regret. Don't wish and regret, act!
Opportunity only knocks once- Go get the door, your door. Now that home prices are low and interest rates low you can buy low. In the future when you no longer need to live it that home you can sell high and take up to $250,000 profit tax free if you are single or $500,000 if you are married filing jointly tax free. Did you catch that..TAX FREE! Learn more. Yes, there are ways to buy a home with little to no money down. If you don't try you will never know if you can or can't.
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