Thursday 14 August 2008

Real Estate Investing Article: Real Estate Investing Key To Wealth

"98% of the millionaires in this country make their fortunes through Real Estate Investing".

These words inspire millions to get involved in real estate investing, yet lack that special 'secret ingredient' - the one thing that explains HOW to make those millions in real estate investing...

This real estate investing article holds the key to how you will make fortunes in real estate investing, or simply continue to struggle aimlessly...

The key to real estate investing riches is not in the latest technique, method or system. The key to real estate investing is in patience and research, monitoring the marketplace for a special 'event'...

Something 'big' in the marketplace that triggers rapid growth in the real estate investing market.

Such big indicators as; - new major employment moving into the area - a new factory (manufacturing) - sales center (like a large outlet mall) - entertainment (like a casino)

All trigger worthy examination as 'events' in real estate investing.

Other events that affect your real estate investing include sporting arenas, theme parks, even a new airport on the 'outskirts' of town...

All merit further investigation because they trigger fluctuation in the real estate investing marketplace.

When such events occur, there is a sudden rise in the demand for affordable housing in the area, rapidly affecting the real estate investing market.

Not only will the workers at the 'event' location need homes, there is also a need for housing from others - 'customers' that simply want to be near this new location.

Also, these workers will need support for their needs; car dealers, grocery stores, gas stations, clothing stores, etc.

As the 'support' base grows for this 'event', the need for additional housing grows as well.

You see, the 'support base' also needs support - from food stores to shopping centers to car dealers and utility companies - the whole thing just grows and grows!

By now you understand that such 'events' hold extreme value in the real estate investing cycle.

In fact, following such 'events' is the primary key to the number of millionaires that have made their fortunes through real estate investing.

When you monitor these events and take advantage of them early, you grow your wealth very quickly.

This is the simplePsychology Articles, secret key to real estate investing wealth.

Source: Free Articles from ArticlesFactory.com

No comments: