You need to Get in — Stay In — and Continue in — to Win — in real estate investing. Despite FEAR-DRIVEN warnings to the contrary, American real estate continues to be the single best investment one can make — IF you invest well.
Fear is not good for your financial health. Many real estate investors have been spooked by “fear” — fear that the economy will move back into a deeper and longer recession; fear of terrorists and terrorism — and fear of our government. Investors who are fearless, who understand market cycles and who realize that real estate as a long term investment is THE play – are, and will be, rewarded financially.
To hedge against fear, replace fear with FAITH – Faith in a strong investment team who assess property fundamentals not emotions – the team should include a CCIM, CPA, a real estate attorney, and a financial planner. Forget DIY or your real estate portfolio might D-I-E- a slow death.