Comments on: Investing in real estate: Get real, you will get the estate http://consult4content.com/blogs/http:/consult4content.com/blogs/general/investing-in-real-estate-get-real-you-will-get-the-estate Creating Content that Communicates Mon, 20 Dec 2010 18:15:21 +0000 http://wordpress.org/?v=2.8.6 hourly 1 By: Samantha http://consult4content.com/blogs/http:/consult4content.com/blogs/general/investing-in-real-estate-get-real-you-will-get-the-estate/comment-page-1#comment-51 Samantha Sun, 31 Jan 2010 04:44:30 +0000 http://consult4content.com/blogs/?p=419#comment-51 One sure route to getting rich and upgrading to the "higher income group" is wise investment in real estate. That was the whole point of the post. The so called "walking out on their property" phenomenon is something that happens to people who have purchased a liability thinking it is an asset. The property is drawing out more money from their pocket than it is putting in to it. The value of property going up does not matter when you have a "liability" that has to be discharged monthly. It makes a lot of difference when you have an asset. The real investor buys assets and not liabilities. If you read closely, you will realize that it is not about surplus income or having money to spare for investment. It is about getting real about investment. To distinguish between assets and liabilities and to invest in that which yeilds an income and not puts you into debt. The problem of property prices falling and rentals not being realized was very much a problem in India during the recession as anywhere else in the world. However, the scale was slightly less. That is all. Real estate investment round the world is the same in many ways. One sure route to getting rich and upgrading to the “higher income group” is wise investment in real estate. That was the whole point of the post. The so called “walking out on their property” phenomenon is something that happens to people who have purchased a liability thinking it is an asset. The property is drawing out more money from their pocket than it is putting in to it. The value of property going up does not matter when you have a “liability” that has to be discharged monthly. It makes a lot of difference when you have an asset. The real investor buys assets and not liabilities. If you read closely, you will realize that it is not about surplus income or having money to spare for investment. It is about getting real about investment. To distinguish between assets and liabilities and to invest in that which yeilds an income and not puts you into debt.

The problem of property prices falling and rentals not being realized was very much a problem in India during the recession as anywhere else in the world. However, the scale was slightly less. That is all. Real estate investment round the world is the same in many ways.

]]> By: Dutt Tarigoppula http://consult4content.com/blogs/http:/consult4content.com/blogs/general/investing-in-real-estate-get-real-you-will-get-the-estate/comment-page-1#comment-50 Dutt Tarigoppula Sun, 31 Jan 2010 01:36:21 +0000 http://consult4content.com/blogs/?p=419#comment-50 I think most of the people are the kind that invest ina buying a home to live in it, let their kids grow up in it and then maybe live in it through their retirement to the end of their lives and maybe pass it on to their kids as an inheritance. The hard nosed investing as mentioned in the third paragraph of this article is rarely seen amongst the middle-income groups that form the great majority of real-estate buyers. As a person living in the US and member of the middle income group, it is only incidental to me when the value of my property goes up. An increase in the value is of no use to me when I have no interest in selling as my objective is all of the above mentioned. Iin the United States, where I live, I hear of instances of people walking out of their properties when the value falls significantly by say 30-40%. In India this is different, for one there is never such a big fall in the home values and two it is unheard of to abandon the property when the value of the property falls and let the mortgage comapany to seize and sell to recover their money. The hard nosed investing that is mentioned is primarily by people of the higher income gropus who have a huge surplus income that they want to use to make more money. The middle income group base their decision from the heart. I think most of the people are the kind that invest ina buying a home to live in it, let their kids grow up in it and then maybe live in it through their retirement to the end of their lives and maybe pass it on to their kids as an inheritance. The hard nosed investing as mentioned in the third paragraph of this article is rarely seen amongst the middle-income groups that form the great majority of real-estate buyers. As a person living in the US and member of the middle income group, it is only incidental to me when the value of my property goes up. An increase in the value is of no use to me when I have no interest in selling as my objective is all of the above mentioned. Iin the United States, where I live, I hear of instances of people walking out of their properties when the value falls significantly by say 30-40%. In India this is different, for one there is never such a big fall in the home values and two it is unheard of to abandon the property when the value of the property falls and let the mortgage comapany to seize and sell to recover their money. The hard nosed investing that is mentioned is primarily by people of the higher income gropus who have a huge surplus income that they want to use to make more money. The middle income group base their decision from the heart.

]]>