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I have been buying South Brevard Real Estate since 1996. I buy, sell, rent, own and manage single family properties. I have shown many investors how to do the same.
When properly purchased an investment house can give you an attractive return on your initial investment.
-can allow you to depreciate the house on your taxes.
-can shelter your ordinary income by taking paper losses.
-can be paid off over time by a tenant.
-often times, you can increase the value over time (depending on the current market).
Real estate investing is a long term proposition enabling you to create wealth over time. But, it's not for everyone.
"In real estate you make your money when your buy, not when you sell. When investing, you do the opposite of what everyone else is doing. When everyone is buying, you sell. When everyone is selling, smart investors sell."
-Bill Mallery, M & M Real Estate, Inc. Broker and Real Estate Investor for over 50 years
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