REAL ESTATE FIELDS FOR EVERYONE

By
Real Estate Broker/Owner with People first then business! Ran Right Realty Riverside, Ca BRE LIC #636943

Be found at work or at play in the fields of Real Estate. WHY? Because as you travel through life, you will always need a place to lay ones head. Furthermore, you may want to establish a quality of life for your self or others. Real Estate does that. We spent the last several years showing what it doesn't do, but it does do what it was intended to do

IT PAYS FOR ITSELF

With anything of REAL value, it appreciates or at the very least holds its value with time. Wine, cheese, jewelry, antiques, and land with location dynamics matures and realizes into something of more value to the user. Real Estate has always been known to pay back more than one has invested.

FORCE ANYTHING AND IT MAY WORK...TEMPORARILY

It is when we try to make it do that in ways not intended is where we ended up for the last several years. You don't hear anything from conservative homeowners who passed on leveraging their homes or biting off more than they could chew. They went with the old tried and true methods. The latest fiasco passed them by..

GETTING A LOAN IS A PRIVILEGE

You buy and then make your mortgage payments which are a privilege. Someone has agreed to loan you money to help you improve on your lot in life. Now, be cognizant of that and try to pay it back as quickly as possible. That is the new plan. In a short amount of time, you will have reduced the debt. That is when you truly own your home is when it is debt free

THE FIRST DOLLAR YOU EVER HAD....MEANINGLESS NOW

No one can remember their first buck and what they did with it. Time and the value of a buck has erased those circumstances. However, for every dollar or dime put into a good Real Estate investment, you do get something back for it over the years. You don't have to remember every payment you made. You have something called equity

A PIGGY BANK TURNS INTO A FAT HOG

Reduced debt, market dynamics and supply & demand produce equity. What was once the beginning of you leveraging a purchase if handled correctly ends up with you sitting on your own private gold mine. Works every time too if you allow it. After that, if one wishes to risk and pursue other things, well go at it.

But leave the old home...alone

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Tags:
supply demand
appreciation
value
real estate
piggy bank
purchasing
leveraging
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equity
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mortgage
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Show All Comments
Rainmaker
647,233
Barbara Hensley
RE/MAX Properties - Rockwall, TX
Homes for Sale in Rockwall County, Texas

Richie - as always - I really enjoyed your post today.  Have a great weekend.

April 21, 2012 10:06 AM #1
Rainmaker
1,208,209
Richie Alan Naggar Author PEARLS SERIES of books
People first then business! Ran Right Realty Riverside, Ca - Riverside, CA
on LIFE and LOVE plus Real Estate too!

Barbara...you phone is going to ring off the hook with the new look...elegant brand this Barbara Hensley

April 21, 2012 10:10 AM #2
Rainmaker
1,329,562
Charles Stallions
Charles Stallions Real Estate Services - Pensacola, FL
800-309-3414 - Pensacola, Pace or Gulf Breeze, Fl.

All words to the wise and a very good post on why we should do what we do. Good luck Richie and thanks for a gleen of light

April 21, 2012 10:11 AM #3
Rainer
200,419
Cheryl Thomson, REALTOR, Retired (U.S. Army)
Buyers Advantage Real Estate Corp. (c: 703.216.5635) - Woodbridge, VA
Real Estate in Northern Virginia

Hi Richie.  This is a joy to read, experience is certainly the best teacher.  Great blog. Suggested.

April 21, 2012 10:18 AM #4
Rainmaker
1,208,209
Richie Alan Naggar Author PEARLS SERIES of books
People first then business! Ran Right Realty Riverside, Ca - Riverside, CA
on LIFE and LOVE plus Real Estate too!

Charles...my esteemed friend..A word to the wise really goes to work in you....thank you

 

Cheryl...Your the only one I know who does an excellent job commenting while lying down on the job...

April 21, 2012 10:21 AM #5
Rainer
200,419
Cheryl Thomson, REALTOR, Retired (U.S. Army)
Buyers Advantage Real Estate Corp. (c: 703.216.5635) - Woodbridge, VA
Real Estate in Northern Virginia

Ha ha...don't worry Im working on my blogging points.  Take a minute and stop by my blog. Have a great weekend.

April 21, 2012 11:40 AM #6
Rainmaker
1,208,209
Richie Alan Naggar Author PEARLS SERIES of books
People first then business! Ran Right Realty Riverside, Ca - Riverside, CA
on LIFE and LOVE plus Real Estate too!

Going there now....

April 21, 2012 11:43 AM #7
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Rainmaker
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Richie Alan Naggar Author PEARLS SERIES of books

on LIFE and LOVE plus Real Estate too!
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