Stating that the S&P has gone up 12 percent over the past 30 years where real estate has gone up only 6 percent being a reason not to invest in r.e. is bad information.
$20,000. cash in stocks. One year later your profit = $2,400.00 (12%)
$20,000. cash put in real estate. At an 80% LTV you purchase a $100,000 house. One year later your profit = $6,000. (30%)
They just haven't yet found a way to make a commission on it!
$20,000. cash in stocks. One year later your profit = $2,400.00 (12%)
$20,000. cash put in real estate. At an 80% LTV you purchase a $100,000 house. One year later your profit = $6,000. (30%)
They just haven't yet found a way to make a commission on it!