Not all is doom and gloom... / March 2008

I know, I know...

Some will say I'm nuts... However, Real Estate investment still continues to be one of the best and safest investmnets. I've heard it said that 80% of all millionairs make their money in real estate. Based on the folks that I know that are "millionaires", I believe this to be true.

Though you want to be discerning in your choices, this market is where the real investors make their mark. What better time to buy something then when it's on sale? In our market, Whatcom County, Washington, where home values are actually still on the rise and will continue to do so, There are some great buys. The best approach, in my humble albiet correct opinion, is to buy and hold. When I say hold I dont mean for a year or two. I'm talking 3 - 5 years at a minimum. If you're looking for a headache free, get rich quick methonology, real esate, for the most part, isn't your cup of tea. Nothing is risk free, but why not go for the best and most predicltable?

There are real bargains out there. You just gotta look, get rid of the weeds and find the flowers. More at a later date

 
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