Purchasing a house — for ownership or as an investment?

Jay2485

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Saturday July 13, 2013 · 4:43 AM PDT

2013/07/13 · 04:43

Everyone, of course, needs to have an edifice of some sort to live in, whether it is a house, a room within a house or a trailer. But not everyone who purchases a new house does so for a place to live. There are those who own many properties while actually residing in only one or, at most, two of them, while renters may occupy the others; or they may hope to sell some of them at a higher price than they originally purchased them for. For such people, real estate is essentially a form of investment, a way of saving up for retirement, more than anything else. Indeed, Millionaire Corner has stated that “investing in income-producing real estate is a staple for many wealthy families.” This article will tell you how you can undertake such a venture.

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