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FSN: A New Aspect in Real Estate Investment – Risk
Be prepared for the next great transfer of wealth. Buy physical silver and storable food.
by Ramsey Su
Acting Man
A Lucky Streak for Investors Ends
The first piece of income property I owned was a junky duplex in a so-so neighborhood of San Diego. That was in 1975. While I can say that I have never lost a dime in any of my real estate investments since I bought that duplex, that is not exactly an exceptional achievement. In hindsight, any unsophisticated investor could have accomplished the same, just as long as he was not over leveraged and had the ability to hang tight for a few years.
The sub-prime bubble put an end to that lucky streak for investors. Real estate is now no longer a risk free investment. It is not uncommon to find investors and homeowners who were not even aware that they were actually speculators. Some have already taken their losses and have moved on. Some are so fortunate as to be living in free housing courtesy of government intervention.
Continue Reading at Acting-Man.com…
2012-08-22 06:17:17
Source: http://silveristhenew.com/2012/08/22/a-new-aspect-in-real-estate-investment-risk/
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