I am a Realtor in San Diego, California. I am also an investor, so far I own several rental properties in different states.
I am not rich, but I am definitely going to retire wealthy. And this will happen in 16 years to be exact.
Retiring wealthy, in my book, means that I will have enough income coming from my investments, to fulfill my projected expenses when I reach my retirement age. I probably will not stop working, because I also believe that if you truly retire, you rust and die younger. But what I want is make working an option, not a necessity.
Through this blog, I intend to help people follow this plan, even if you don't have any money. Even if you have not started saving and you are not young anymore. (I am already 49!)
If you are young, then you will appreciate the fact that if you follow my advice, not only will you retire wealthy, you will be filthy rich, and before you retire.
I welcome you to visit my website www.houseinsandiego.com.
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Real Estate is by far, the best way to invest in the USA.
Here are a few reasons, see if anybody disagrees with me:
1.- You can aquire it with just a fraction of its value (your down payment is 20%, 10% or even 0%) and you benefit from 100% of its appreciation.
2.- It will always be there, unlike corporations, even the most powerfull business can suddenly become obsolete and go broke, its officers can abuse their position, competition might render it worthless. On the other hand, people will always need a place to live, population will always increase.
3.- It is insurable, it can flood, burn and you will be protected.
4.- Wherever you are in America, you can expect its value to appreciate at least 4% per year.
5.- Your profit is easily protected from taxation.
6.- Worst case scenario, you can move-in and live in it.
7.- You can easily improve it and increase its value.
8.- You can use it as colateral for a loan to buy other properties or finance other things you desire in life.
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