Movies, DVD Players for Home Theater Systems

Real Estate Investing and Home Ownership

If you already own your home, you will probably make money in real estate without ever buying another property.

The home you are currently buying with a mortgage is probably one of the most valuable appreciating assets you will ever own.

You are making money by living in your own home, even if you never buy any additional property. This, within itself, makes you a successful real estate investor.

I have been fascinated with real estate investing for many years, but it all began with a startling discovery 35 years ago.

In 1970 I had bought a little house for my family in the Green Hills area of Nashville. It wasn't much, but it was adequate and it was home.

In 1978, we decided to sell.

We sold that little house for $67,000.

That's when the light bulb went off in my head.

I was shocked with a discovery that led me to fall in love with real estate investing.

I suddenly realized that we had made $40,000 profit in 8 years JUST LIVING IN THAT HOUSE!

We had not painted it. We didn't add any rooms. We built no patio.

We just lived in it!!!

We had made $5000 a year simply living in that house.

I began to think to myself: what if I had two similar houses that generated $10,000 a year profit? Or, five houses that generated $25,000 a year profit? I began to fantasize the possibilities. This awareness launched my real estate investing career.

Soon I was buying millions of dollars in real estate.

But the real challenge was buying real estate without any capital. I had just experienced a serious business failure, and had no cash reserves and no credit. I learned how to buy a house with only a $10 bill. I never walked into a bank to ask for a loan, and I never applied for a mortgage. But conquering the challenge led to buying $10 million in real estate in only four years.

That whopping $40,000 profit that went into my pocket from simply living in that house I sold in 1978 was just the tip of the iceberg.

I still live in the Green Hills area of Nashville. I pass that same house every day that we owned in the 1970s. It recently went on the market again, and it quickly sold.

This time that same house sold for $200,000.

I don't know what's been done to improve the interior, if anything, but no exterior changes have been made to that house. It's still about 2000 sq.ft. The lot is the same size. But the value has increased significantly.

Discovering this concept has made real estate investing very exciting to me.

Phil Speer, Ph.D., started his real estate investing career 25 years ago. With no credit and using only a $10 bill, he purchased $1 million in properties his first year, and accumulated $10 million in properties within 4 years. http://www.CashinHouses.com/

He was featured in a Wall St.Journal editorial as most successful investor in the Nothing Down Real Estate Movement. He won a Caribbean cruise as top investor of the year. In his hometown of Nashville, he has been a businessman and Human Resources Consultant for 30 years. He is an author, speaker and seminar director. Anyone can profit in real estate investing, even without cash or credit. http://www.CashinHouses.com/ Subscription is free to his Fix-up Ezine. He and other contributing authors provide free articles and resources on real estate investing at his online "Academy of Advanced Real Estate Investing Techniques" at http://www.AAREIT.com/

MORE ARTICLES:

Get the Secret code for making money online with adsenselover and picmoney

Consumers Find Local Contractors with Repair-Home.com's Free Directory Listing
With recent growth in the home and industrial construction markets, contractors are needed in increasingly greater demand. Repair-Home.com offers a free contractor listing to help businesses take advantage of the need for skilled labor by increasing their visibility among homeowners and other companies.

Online Video Editing Tools Help Fans and Bands Collaborate
Fan Based Music Video Editing New York, NY. Online social networking has become a necessary tool for bands to communicate with their fans. New web based video editing sites such as JayCut.com are expanding the ways fans can interact with their favorite bands by offering a platform for fan-generated music videos.

Just Gifts, LLC Introduces New Eco-Friendly "Keen on Green" Program Through its Online Stores
Just Gifts, a gift industry leader specializing in unique and personal gifts and gift baskets, releases details of its eco-friendly program, engaging consumers to recycle and help the environment through carbon emissions offsets while shopping for holiday gifts.

optionsXpress Introduces Innovative New Online Investing Tools Designed for Volatile, Uncertain Markets
optionsXpress (Nasdaq: OXPS), the online broker specializing in options and futures investing, today introduced a bevy of innovative new trading tools for investor education, strategy evaluation and trade execution. Further enhancements will be released later this year. These powerful new investing tools, combined with instant access to one-on-one customer service, are designed to help investors better manage their portfolios at a time of particularly high volatility and uncertainty.

7 Simple Ways to Organize Your Daily Life While Running a Home Business
As a home business owner, it is rather easy to become overwhelmed with your daily life and responsibilities. Here are 7 simple ways in which you can organize your daily life.

What Is A Home Based Business You Could Start
Looking to start a new home based business? If so, you know that you have to have the right products in order for your business to be successful. Here are suggestions for a few home based business categories to start with.

Datepad Inc Launches State of the Art Free Online Dating Service at Datepad.com
Datepad.com launches the first free online dating service that offers a dream vacation valued at $5000 completely free to an active member. Datepad's mission is to provide an enjoyable and exciting state of the art dating site for the internet community - completely free of charge.

Online Directory WomanOwnedNewYork.com Promotes and Empowers Local Women-owned Businesses
Announcing WomanOwnedNewYork.com, the exclusive online directory and resource center for women-owned businesses in New York. The business directory allows consumers to connect with local business owners, while the business resources section provides useful tools for business owners.

Every Home Base Business Needs Network Marketing To Succeed
Numerous businesses are going to offer you the opportunity to become a distributor of their products or service. While many offer this opportunity free of charge, others may charge a fee similar to a franchise fee, due to their willingness to set up a website with you name on it and by offering you instruction on how to make it succeed.

Announcing New Online Software to Automate Dinner with Database of Easy Recipes
Great idea! New website suggests dinner ideas, you choose what to eat and it makes a neatly organized grocery list just for you. Get a list of easy recipes chosen for the week and helpful reminders for do-ahead success - thaw this - marinate that.

Get Paid For Surveys - Six Secrets For Making Serious Money With Paid Online Surveys
You can get paid for surveys online and make good money at it. Here are 6 secrets of how to do exactly that. Follow them and you will have an excellent chance to make real money. Ignore them and you may get taken advantage of, get talked into using a free list of time-wasting survey makers, and come away with a bad experience... ;-)

A Unique Study On The Home Business Industry
Applied Serendipity Limited undertook a 2 year study testing and researching home businesses. This industry is mostly unregulated and full of stories of woe. This work was designed to provide a little more fact and reality amidst the all-encompassing sales hype.

Online Debt Consolidation
Online debt consolidation comes in many forms, so it is important that each consumer reflects on what their needs and concerns and financial situation is before signing up for an online debt consolidation program. The four primary concerns for most consumers are: i) monthly payment, ii) time to debt freedom, iii) total cost, and iv) the credit rating impact of the consolidation program. Be sure to evaluate each program, relative to your prioritization of these factors.