Real Estate: Expanded
Real estate has long been regarded as one of the most profitable and reliable investments out there, and for good reason. According to a study by the National Association of Realtors, home prices have historically appreciated at an average rate of 3-5% per year, making real estate a solid long-term investment. Additionally, real estate provides a source of passive income through rental payments, which can be a great way to supplement your income. As someone who has built a successful real estate portfolio over the course of 25 years, I can attest to the benefits of investing in real estate. My journey began with the FHA first time home buyers program, which allowed me to purchase a home with just a 3.5% down payment. This program is a great option for those who don't have a lot of money but want to get started in real estate investing. By using this program, I was able to purchase my first property, which I lived in for two years before moving out and renting it to a tenant. I re