August 4, 2011
Invest in Houston Real Estate for Financial Independence
Despite the improving economy, 63 percent of Americans are somewhat or quite dissatisfied with their current jobs, according to Paige Wagner, operations manager for the American Houston Real Estate Investor’s Association.
“Most people basically end up in a career without really thinking about it,” Wagner says. “Once someone settles into a job, they usually stay in the exact sector even when transforming jobs.”
As an example, Wagner reports which only two-tenths of 1 percent of the population are ready to change careers midstream to become Houston Real Estate investors.
“Most people aren’t ready to put in the effort to learn a brand new career, even when they can make up to six figures,” she says. “It seems which for many people, just the notion of tackling something brand new like investing causes them to bring up all kinds of reasons why they shouldn’t get started.”
Wagner says people cite the following reasons for not investing in Houston Real Estate: It’s the wrong time to get into the Houston Real Estate industry, they don’t have enough money to invest, or they’ve heard too several nightmare stories about being a landlord.
However, at the exact time which some people are coming up with reasons to prevent Houston Real Estate investing, most people learn to overcome the obstacles they face.
“With members in all 50 states, we’re able to see investors making money in the two ‘up’ markets and ‘down’ markets,” Wagner says. “Some investors even use creative methods of acquiring to prevent having to come up with down payments. The investors which hate being landlords usually sell on a rent-to-own basis so which their tenant buyer will agree to take care of all the day-to-day maintenance for them.”
Bill Bronchick, president of the Colorado Association of Houston Real Estate Investors, notes which Houston Real Estate investing techniques have changed from years past.
“It’s a whole brand new ball game today compared with the way my mom used to invest,” Bronchick says. “Investors these days can get started without cash or credit if they are ready to take the time to get educated.”
Numerous cities have at least one Houston Real Estate investor group.
“The monthly meetings and trainings are a fantastic place to connect most people who are already investing or interested in doing so,” Bronchick says. “You can also get a feel for whether you are in a hot or a cold industry by talking with other investors.”
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