I am curious what everyone considers to be the best aspect of investig in real estate. There are so many different strategies, benefits, and learning opportunities, I just wonder what you think. I'll start and hope that we can keep the thread going for a while. My favorite aspect of investing is how it teaches you to think differently about money. For most people, including many RE investors, they have a regular job and put in 40+ hours/week. When you get involved with the RE business, it becomes clear (when done correctly) that money becomes easier to earn. Many people think that large amounts of money (5k, 10, 20k) are out of reach and take a long time to earn, but doing one solid deal can create these amounts, often times more. It's eye opening to see you first big check, especially when you're use to working in different ways to get it! Who's next?

The thing I like most about real estate--- first of the month when the rents for 200+ residents show up in my account! Rich

I really like proving people who doubt me wrong...so this has been a very fun journey so far. I remember when we got started people said things like: - "Isn't the real estate market terrible right now...you cant make any money" - "How are you going to possibly invest in while you are still in the Air Force....when will you have time?" - "Do you even have enough money to get started?" - "The banks aren't lending right now...how are you going to buy property" I could go on and on. The best part...those same people have really changed their attitude!

For me its "The Art of the Spreadsheet"! I'm a bean counter so I tend to speak in numbers on a piece of paper. I like the analysis and then getting the actual execution of the investment to meet or exceed budget.

I love deal making and I feel fortunate to make money doing it, especially these days. But I've always loved houses and still love houses. Sometimes I feel kind of lonely surrounded by investor friends who would gladly trade RE for whatever else they might be able to profit on. Deal making is as old as the hills and people who are good at it can transfer their skills to anything from cars to stocks to insurance to art. No matter how crappy the house, it's still shelter. Always has potential to be a home. In the US, even the most crappy house usually has indoor plumbing, electricity and heat. That's so many riches.

That I have control. Unlike with the stock market where there ain't a thing I can do to move the price of a stock in real estate there is plenty I can do to increase the value of a property. The second most favorite thing is turning something ugly into something I am proud of. That is why I like rehabbing so much. To take all those ugly ducklings, full of mold and the smell of cat urine and turn them into something beautiful!

I've tried to explain to family and friends why I like purchase escrows so much better than selling escrows. Getting a great deal under contract and getting it closed has so much potential! When selling, you kind of know what the deal is and what to expect and the potential is all over. I'm always a little freaked out when I don't have something to buy in escrow.

What is your favorite thing about Real Estate?

Jon Klaus

Developer · Garland, TX · Member since 2008 · 8k+ posts · 4k+ votes

What is your favorite thing about Real Estate?

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