Ben Benita asks…
Ben Benita asks
What is your response to: “I would invest, but real estate is to risky”?
Tom’s answer:
Real estate has been the safest and most dependable way for MOST Americans from every walk of life to get rich. The law of supply and demand dictate that real estate will always be a good investment.
They can’t make any more land and people keep needed more and more real estate - driving up prices no matter what level interest rates are at.
I recently bought a parking stall in a condo conversion project. And I will sell JUST that parking spot in the future for a profit because the spaces are limited.
Real estate is a great investment and it always will be.
Ben Benita (makalaniinvest@aol.com)
