728KFHFGE7WC <-Sillyness for Technorati
Great stuff from experts in real estate, home financing, and business:
728KFHFGE7WC <-Sillyness for Technorati
Great stuff from experts in real estate, home financing, and business:
It’s 2010. You’ve got goals and dreams, but how do you get there?
For me, I see a beautiful house on a hill and a family with a few cars and a dog in the background.
Typical, blue-collared American dream right?
But how do I get there?
Easy. Have a plan and stick to it. My plan centers around real estate, but not as my occupation, as an investment.
When I work with first-time home buyers, I make it a point to relate to them that their first house will not be their last.
You buy one, build some equity, use that equity to move up a few years later… And so on and so forth…
Play your cards right, manage your money well, pay extra on your mortgage and 20-30 years down the road, you’re sitting in your dream house. Best of all, it’s probably paid for!!
Houses = forced savings accounts. Let’s not forget that, historically, home prices appreciate at a rate of about 5% a year over the long-term.
Think about the freedom of having a valuable home with no housing payments. How secure would you feel? How much more flexibility would you have with your income?
Would you rent it out and buy another one? You could. You’d make that much more money in the process.
If you haven’t read it yet, The Automatic Millionaire by David Bach really spells out how to achieve your dreams and financial independence in this nearly automatic way.
Check out David Bach’s work at:
http://www.finishrich.com/books/automatic_brandhome.php
Why am I telling you about this?
It’s in my best interest to help you purchase a home, but I’m not too concerned about my interests with this post. It’s really about helping you do something to secure your future.
What if I told you that for the $700 a month you’re paying in rent right now, you could be paying $700 to own a condo down the street?
Would you continue to pay that money on your landlord’s mortgage, or would your start paying it on your own mortgage?
Mull it over. Give me a call if you feel like taking a huge step towards financial peace and freedom.
P.S. Interesting fact from the National Association of Realtors:
The average homeowner’s net worth is $231,000.
The average renter’s net worth is $5100.
Think about it.
Kenny
(615)336-6638