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As a Realtor, investor and home owner in the CA Bay Area I am often asked what is the key to making it rich in Real Estate. I always give the same answer: “Buy real estate and get old.” Thats it. Real Estate is a good long term investment. Most people who have made tons of money in the last few years did it on accident because of a highly appreciating market. The two strategies are buy and hold (thats the buy and get old) or buy undervalued properties and improve them for a profit. Some call this flipping. Today the only thought I want to leave you with is that whether you want to buy and hold or buy and improve a good real estate agent that you trust is a key adviser to help you get started.
For more information on this property or if you just want to talk about the real estate market send me an email: peter@frumenttieam.com.
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The Frumenti Real Estate Team is your source for Tri-City area Real Estate news and advice. Call us today at 510-770-1475.
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The Author: Peter Frumenti
About: A Tri-Valley native, Peter comes from a long line of real estate professionals: his grandfather, grandmother, and father have all served in varying capacities in the real estate industry. Formerly a director of sales and marketing in the hospitality industry, Peter has a strong sales and marketing background, which has served him well at both Keller Williams and Century 21. When Peter is not buying or selling homes for his clients, he serves as a board member for the Viola Blythe Center, a non-profit organization that provides social and humanitarian services. He is active in a number of Tri-City community organizations, as well. Peter serves on the agent leadership council for Keller Williams Benchmark Properties and is a member of the National Association of Realtors and the California Association of Realtors.
This entry was posted by Peter Frumenti, on Wednesday, March 5th, 2008 at 3:48 am and is filed under Home Buyers. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response on the right, or trackback from your own site.
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