Updated over 4 years ago on . Most recent reply
I love real estate investing!
I've only dipped my feet in with my first fourplex but it's something I really feel brings out the best in people.
Sure there's bad tenants, bad contractors, and bad investors, but the whole system really incentives people to work together in an honest way.
When a new project is bought, rehabed/built, and rented out.
It helps: of course the investor due to returns, the realtor/wholesalers get their work rewarded, the contractors get money for honest work, the property managers get to do their jobs and get rewarded for their hard work.
On top of all this lenders private, hard-money, and banks all want to find good investors who will pay good interest on profitable projects.
Most of all though, the tenants get a great place to live at market prices, plus all the convenience of not having to upkeep their own home. The overall society at large is better off having more/better housing and even the nation itself becomes wealthier because of investment property.
I really love real estate and the benefits it offers to everyone involved, or even those uninvolved through property taxes and neighborhood appreciation.
I'm entering the second stage of my investing trying to get into the Indianapolis market but I really want to say how much I appreciate you as members of this community. This has really helped a lot of people both investors and all those who have benefited from these projects.