Calculated RISK....or do they really mean common sense?

May 24, 2009 - PRLog -- People trying to ride the wave of real estate can either jump in or be paralyzed by what they hear so let's get some facts on the table. Keep in mind, since there is no ceiling in real estate it means there is no bottom. Is real estate too risky? It can be if you don't know what you are doing. Consider house prices in California, stated in "the people history"; 1950 prices were around $14,500, 1960 prices around $18,500, 1970's around $26,600.  What about now?

Look at what Zach Fox from the North Country Times in Calculated RISK Finance & Economics states in another Deal of the Week: Riding the waves in Oceanside (California). He states, "The featured 2 BR 2 BA condo sold for just under $100 thousand new in 1990. It went into foreclosure during the early '90s California housing bust, and was resold in 1995 for $33,000.

By 2000 the condo was above the original selling price. And then "rode the bubble" to an outrageous price. The condo went through foreclosure last year and sold in February for less than the original price in 1990! Adjust that return for inflation ..."

What does all this mean? If you knew how to read the market, understood what the current conditions were saying during the 1990's, would you have seen this wave coming?

History shows clearly the prices have gradually increased over each 10 year period. What I have come to learn is most people avoid the real estate arena because; they are scared to jump in, big time fear holds them back , they don't have the time to really know what or how to make a smart buying or selling decision, especially a lack of knowledge being so afraid to be "taken", rightfully so!
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Common sense tells us we still have 3 basic needs which never go away.... food, water and shelter (www.nr-advisor.com). We are still bringing babies into this world, our bodies require water and we still need a place to live. I invite you to get educated (www.nr-advisor.com) and learn how simple, easy and smart it is to invest in real estate now. Learn what it takes to remove the fear of being "taken", understand buyer beware statements. Experience the opportunities of applying knowledge to make smart buying and selling decisions. Know how to benefit from real estate no matter what time you have available.

Knowledge alone is not power.  Knowledge applied is power. Learn how to take charge of your financial situation today. If you are a first time home buyer, learn how to buy a property at wholesale. That means if the market goes down you are still in a position to have purchased at a great price. If the market goes up, you are sitting pretty. If you own multiple properties, buy more. Learn when and how to make smart buying and selling decision either in a good market, flat market or down market.  Would that not give you the upper hand in today's economy? If you feel you are a seasoned investor, don't discount getting educated even if you believe you already know it all.  Remember you don't know what you don't know.

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As a Real Estate Investor, I own multiple properties. I am a Mentor/Advisor. With education many have generated wealth for their financial freedom through tools that build confidence in acquiring their own Real Estate portfolio