I like investing in property because I know what a house is. I have lived in houses or units all my life. I know the difference between Mosman and Marrickville .I can easily find out and compare market prices.I understand no more land is being made. My chances of success are far higher if I get involved with something I understand.
It's pretty simple really. Find a house. Get a mortgage. Find a tenant. Collect some rent. Pay some bills. Wait a few years. And just like magic you will find yourself richer than when you started. You might wonder if you could have made a better return by investing in the share market. Regardless, you will be richer both financially and emotionally from the experience. It doesn't even matter if you pay too much for the property. Time will heal that mistake for you.
For the full story go to http://www.rentalagreementsdiy.com.au/why_invest_in_real_estate.php
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