Mike Welch, REALTOR
Re/Max Preferred Associates
mwelch@metrotoledohomes.com
Licensed in Ohio & Michigan
|
Real estate is the fundamental asset. It appears on the balance sheet of most publicly held companies and therefore, part of the value of the stock in that company is supported by real estate. Many bonds are partially or completely secured by the underlying value in real estate. When you get down to it, real estate is our food, shelter, raw materials, recreation, transportation and a place to live. There is no practical alternative to real estate for any of our fundamental needs. We
live in one of the most secure nations in the world. With a growing
population and a free market system, it is virtually a given that
real estate will continue to rise in value. Therefore the income derived
from it should also continue to rise. It should be said that there
will be fluctuations from time to time in local markets and some conditions
and locations will make exceptions to the basic premise that real
estate will continue to appreciate. But ultimately, a diversified
real estate portfolio that has been carefully acquired is one of the
soundest investment strategies anywhere and history has shown this
consistently. So what we need to do is outline the necessary steps to begin a real estate investment business. |
||