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Hi
Friend, In
my email the other day I talked about the tools you need to make money in
real estate. I also mentioned the real estate "bubble" in
passing. Every
day it seems there's a new article or column being released that talks about the white-hot American real estate
market and how it must, at some point, burst. Interestingly, though, I did
a couple of Google searches while writing this article and guess what?
There have been articles and columns written about the impending "bubble
burst" going back to the year 2001 and beyond. It's
true that real estate prices are rapidly rising in parts of the country.
And it's also true that real estate investors are becoming an economic
force like never before, and that properties are
changing hands at a rapid pace. I believe that real estate investors are
having an impact on the market, but I don't believe that real estate
investors alone are driving the economy of this country. So, even if
property appreciation does slow down, that doesn't equate into the economy
going bust and people losing their homes. One
article I read mentioned the rate at which Americans are leveraging the
equity in their homes to finance additional real estate purchases. I
thought that was great! Proof positive that people are listening to the
things I've been saying, and are taking control of their financial
goals. Hopefully,
these people are leveraging more than just the equity in their homes.
Hopefully they are also leveraging the two other key factors in
wealth-building - other people's time and other people's
knowledge. With
each property you invest in, there is additional work. Work involved in
maintenance, upgrading, tenant communications and relations, etc. If you
are using real estate to finance your dreams, are you leveraging other
people's time to help you get there? Who is doing all of this additional
work? Are you trying to do it all yourself, or do you have any help?
Remember, you might make enough on a single deal to pay your entire
portfolio's management costs for a whole year! What could you do with the
time you weren't spending on property management? How
about leveraging other people's knowledge? Every time you pick up a book
or listen to an audio tape, or attend a real estate investing seminar, you
are doing just that - leveraging someone else's knowledge. And that's a
great thing - because the more you know, the more powerful you become!
That's why I made the special offer in Tuesday's email for the Real Estate Home
Study Course. If you haven't yet checked out that special
offer, I encourage you to do so - and leverage our knowledge for
your benefit. ·
Will
you be hurt if the real estate "bubble" bursts? Find out what you can do
to make sure you weather any coming storms at http://www.TaxLoopholes.com. ·
Have
you tried commercial real estate investing yet? Learn five reasons why
this is an exciting area to move into at http://www.TaxLoopholes.com. ·
Where
are the hottest places in the At
TaxLoopholes, we research tax strategies that
are legal, moral, ethical and effective! We're always looking for new ways
to get our knowledge out to the public. One way we do this is through
Discussions with Diane, a weekly Internet video session where I discuss a
topic and answer viewers' questions. Find out more about Discussions with
Diane at www.dkacpa.com/DWD. This
week's Discussions with Diane answers your
questions about Home and Real Estate Loopholes. Go to www.dkacpa.com/DWD to learn how you can maximize these loopholes to make
more money and pay less tax. Warmly, Diane
Kennedy P.S.
Are you paying too much tax? We're dedicated at DKA (my CPA firm) and
TaxLoopholes to helping you legally, ethically
and morally pay the least amount of tax. Learn the latest in What's Hot in
tax planning, innovative strategies plus have some fun at www.taxloopholes.com.
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