Have you thought about investing in Real Estate?
I hope one of your resolutions this year was to open up a new revenue stream.
2013 is a wonderful time to start creating passive income for yourself through the ownership of property.
Why is this the time? The main reason is that rates are low for you to buy a property and Bucks County is extremely desirable and becoming more so each day.
As an investor, you must look at the property as a business and not as much as a piece of land with a house.
With that said, any good business is backed by an excellent business plan. You cannot predict the future value of a property, but there are statistics and numbers that you can use to your benefit to minimize risk.
There are four main retunrs on your real estate investment:
3. Loan Amoritazation
4. Tax Shelter
In the following weeks, I will go more in depth about each topic and the numbers you should be looking at.
Also, I will be opening up the discussion to include more about the Bucks County real estate market! Be excited!!!!