Gerald’s Article Insights: “Why Real Estate Could Be the Next Hot Investment, Even Now”
Real estate is always a good investment if you know what you are doing regardless of whether the writer of this article says it’s the next hottest investment or not. Also, you should not use averages and macro trends like # of housing starts or # of new permits to make an individual real estate buying decision. There are people who make money and people who lose money in EVERY real estate market–you just want to make sure you are one of the former. The writer does give two good pieces of advice: 1) “Investors should should filter opportunities based on the project partner and project’s ability to generate yield & 2) investors should come in with an understanding that it is a “case by case” basis. As I said in my new book, “Dare To Succeed”, every investment must stand on its own merits, so always do your homework!
-Gerald