We are cheerleaders for an industry and market that we believe have a vast upside for the wise investor.
We believe we have just lived through the colliding storms of economic limitations, politics, and the social impact of a generational change in leadership values. Our core beliefs have been shaken. The next question is where to find dependable investments in uncertainty.
The news driven by money-center based media is money-centered. If you work in New York, Washington, or Charlotte, you and your neighbors are undergoing significant changes as traditional financial institutions are being remade or wiped out. The gap between Wall Street and Main Street is wider than ever. There are two Americas: one east of Hoboken and west of Oakland, and then the rest of us. Wall Street and Madison Avenue have tried to marginalize any investment that’s not part of Wall Street, residential real estate in particular. Wall Street’s misunderstanding has created an industry of misinformation about real estate and its value as an investment.
Some of us refuse to take part. We believe in cycles and the optimism in America. No matter what happens this is a country of smart people who will flounder, and make and admit mistakes till we find what works economically. Time cures everything, particularly real estate values. News reports say that we have not reached market bottom. The numbers and experiences of our more aggressive readers and clients do not support the doom and gloom.
Now is a great time to buy at values few of us will see again.
First, as a wise real estate investor you have the opportunity to manage your position for your audience and interests. Clarity is strength. There is profit in confusion.
Second, a recession is what you make of it. By all means, be a victim, but don’t rain on our parade. If you are a seller who believes that you need to get out of the property at any price before losing your shirt, you are ripe for being taken advantage of. Panic and urgency for a seller can mean profit for a deliberate buyer.
Third, as a seller, the market in many neighborhoods is moving in a positive direction. Rushing to sell may not be the only, or best, option. Holding and renting could generate inflation-proof income, tax advantages, and an early return to appreciation. History has been kind to well-located and wisely leveraged residential real estate. Understand your role and objective and use the market mood to your advantage.
Here are the reasons in a list of top ten answers from property expert Ashley Church:
BONUS: Real estate is titled, real, can be leveraged with a mortgage, can be refinanced to take out profits tax free, can be depreciated, can earn income and be expensed, if held longer than 366 days – and if you must sell, profits are taxed at capital gains tax rates currently at 1 percent.
Show us another investment that delivers this level of investment, financial and tax efficiency!
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