Real Estate
How Much is Your Home Really Costing You?
I discussed in my last post, “The First Rule of Real Estate Investing,” that your personal residence is not an investment. Your home should be considered a consumer item just like your car, your washer & dryer, or anything else you buy for personal use. The reason I state this is because of all the […]
The First Rule of Real Estate Investing
Most Americans have thought of their personal residence as an investment. And, despite the housing crash that resulted from the recent housing bubble, many people still think of their home as an investment. The first rule of real estate investing is: your home is not an investment.