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Subject:  Re: Something for me to think about Date:  8/8/2003  5:25 PM
Author:  FoolMeOnce Number:  229 of 5363


Here is something I don't understand, and granted I've only been investing for about 6 months. If buying property and renting it provides better returns than the stock market, why don't more people do it?

Good question. Many people are too ignorant, lazy or fearful. They will not educate themselves to the extent required to see through the myths. They have all heard the horror stories about bad tenants without stopping to think about how the situation usually came about (usually the landlord screwed up by not properly qualifiying the tenant) It's easier to blame the house or the tenant for their own mistakes.

It has been said that one does not acquire real estate without also acquiring a little math. Many people are math-phobic. Ask yourself; if real estate was such a terrible investment, why would I be here singing its praises? Why would I own property? I have nothing to gain. If you buy ahouse whereever you live it affects me not one bit. I enjoy real estate, am convinced of its advantages and I enjoy helping other people enjoy the success that I have had.

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