Читать книгу There's Never Been A KING Without LAND - Michael E. Brown - Страница 4

Build your own Kingdom!

Simply start with one house and build from there.

Everyone should own at least two homes: The first house they buy as a starter and the house they upgrade to when their family starts to grow.

Keep that starter house as a rental and let the tenants pay it off for you, and I guarantee you that the income it produces during your retirement will be more than your social security check (if you get one. I hear that they’re running out of money).

Real estate investing has been around since the beginning of time. I am certain even cavemen protected their caves. America was founded as a real estate investment. I forget what early Dutch settlers paid for the island of Manhattan (New York City) but that worked out quite well.

As for the rest of the country we traded the Indians casinos for that. (Well, eventually they got their casinos.) During the time of kings and royalty, the common people rented the land where they lived and farmed it for income.

In the USA we had sharecroppers. Now we have Donald Trump and other major real estate players. The good news is there is plenty of room for the little guy. Anyone - I mean everyone — can and should start buying real estate as an investment. I promise that in the future people will still need shelter.

According to the National Real Estate Investors Association:

- Approximately 5.8 million homes are sold in the USA every year.

- 28% of these homes are bought for investment income by local real estate investors, totalling $320 billion in sales every year.

- Approximately $3.2 billion of these are seller-financed transactions.

There are plenty of deals being made every year…

1.64 million deals… every year!

Are you missing the boat?