March 27th, 2013, posted by Brandon
There’s a really interesting column in today’s Washington Post today about real estate as an investment.
We at BGC often talk about how putting your money into a home can pay off big time in the long run, and the column, written by Justin Pierce, examines that theory.
“I am struck by how people struggle to find ways to put their money to work. Most people think their only option is to put money into stocks or mutual funds. People are intimidated by real estate and other direct investing strategies. They think they’re too risky,” The article reads. ”Yet they’ll run off and sink their entire life’s savings into a blue chip company not knowing a single thing about the organization because large American companies can’t fail, right? There are good solid real estate investments all around you, and there are ways you can hedge your bets to protect your investment.”
The article, which you can read here, goes on to assess several important factors in real estate investment and concludes with this thoughtful statement:
“Remember, there is no such thing as risk free investing or easy money. Anyone who says otherwise is probably a conman. Seek professionals with a track record of performance and get an attorney involved early.”
Pierce hits the nail on the head with this one.
When considering real estate investment you need to get the best available advice, so contact our experienced BGC professionals at any time if you are thinking about investing!