THOUGHTS FOR THE COMING MONTHS

Many people think about real estate as their pathway to wealth.  It certainly could be.  Real estate allows leverage of funds like no other vehicle and it minimizes risk in many ways by being real property.  However, you should consult your financial planner, you should make sure you know exactly what your goals are and that the timetable for these goals is realistic.  Some ways to invest are:  RENTAL PROPERTIES - Many people start this way by turning their first purchase to a rental when they buy their second home.  Some prefer the Single Family Residence as their primary vehicle.  LIVE-IN FLIPS - Whether you watch the popular HGTV programming or not, know your costs and have realistic expectations if you plan to live in the property you flip.  MULTIFAMILY HOMES - Buying units is one of the best ways to invest.  Many start with a duplex or 4-plex and begin an 1031 exchanging process that lasts a lifetime.  Talking with your CPA and financial planner is a must.  But this newsletter is a big believer in Real Estate to build wealth.