Real Estate Is The Path To Riches ~ Real Estate Facts 101

Sunday, January 13, 2008

Real Estate Is The Path To Riches

Have you ever wondered why people say real estate is the path to wealth? As Will Rogers said, they've stopped making it.

There's only so much real estate left and they don't make it any longer. This is why real estate will always be a good investment and in demand.

There are many factors which can increase or decrease the value of real estate. As they say in the business, successful real estate is about location, location, location!

Take the Las Vegas Strip for example. If you had bought some property in the 1940's, it's safe to say you'd be a multi millionaire right now. But even today, you can buy ranchettes outside of Las Vegas for mere dollars. Why? Location, Location, Location.

Those ranchettes are in the desert where there is no one around. While on the other hand, The Las Vegas strip there are millions of people who pass by every year. Plus these people come to gamble at the big flashy casino's. That's why property on the Las Vegas strip is so expensive.

Think about it my friend. Real Estate is where the gold's at! Especially Las Vegas real estate!

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