out of space which makes the price of land increase in value really fast. Also, few things can offer so much value to somebody as a house or an apartment unit. Shelter is one of the three basic needs. Everybody needs a place where they can live. Usefulness plus scarcity equals high prices. Also supply and demand play an important role on that equation. The reason supply is scarce is exactly what I mentioned above: too many people on Earth. Throughout history investing in real estate has being profitable because it is a useful tangible thing. Today we have the problem of over population which makes it even prettier. Investing is not the only way to make money on this business though. There are traders too. A trader on this field basically flips properties. For example he may purchase a house with the intention of selling it back as soon as possible and realize the big profits quickly. Another thing they do is to buy in preconstruction. With the price of houses increasing so fast, a trader/investor sometimes purchase properties with the intention of selling them quickly. Many investors sell the properties even before construction ends. They simply assign the contracts to other willing investors. Then the first investors make substantial profits without having to close on the deals themselves. There are many different ways to make money on real estate. Here are just a few examples. 1. Buy rental properties and be a landlord. 2. Buy land that it is expected to appreciate in value. Wait a few years. Sell the land and buy more. 3. Flip properties. Buy in preconstruction and similar deals. Once the properties appreciate in value, sell them and buy more. 4. Buy discounted mortgage notes. This is part of the cash flow business. Purchase discounted mortgage notes cash. This way the investor controls the property without owning it. 5. Purchase tax certificates. Attend government auctions and buy land for pennies on the dollar. 6. Get a real estate license, become an agent and sell mansions. With prices so high today you don’t need to sell many properties to make good money this way. The draw back is that this is too competitive, but there is competition everywhere anyway. 7. Buy distressed properties, fix them and resell them. Etc, etc, etc; you get the point. There are many things you can do. These are just ideas and comments. These are examples of what some business people do to make money in real estate. There are other possibilities, but I think these are the
piece
is
an
abstract
triptych
that
I
found
while
I
was
in
Atlanta
buying
religious
paintings
The
piece
was
called
Guardian
Angel
and
I
love
it
My
patrons
fell
in
love
with
it
as
well
They
have
asked
me
to
track
down
the
artist
and
see
if
he
has
anymore
religious
paintings
available
The
only
religious
paintings
that
I
actually
do
not
buy
are
ones
that
reflect
the
image
of
Jesus
on
the
cross
I
don’t
have
a
problem
with
them
some
of
them
are
extremely
well
done
and
would
more
than
likely
sell
well
but
my
investors
made
it
very
clear
when
they
financed
the
gallery
that
I
would
not
put
that
image
into
it
PPPPP
683
Ajello
Candles
The
motto
of
the
Ajello
Candle
Company
is
“It’s
better
to
light
a
candle
than
to
curse
the
darkness”
This
candle
making
company
has
been
in
business
since
1775
The
business
has
been
family
owned
for
seven
generations
The
candles
from
Ajello’s
are
well
known
for
their
beauty
and
quality
While
they
make
more
candles
now
than
in
1775
their
dedication
to
quality
and
to
customers
has
never
changed
The
Ajello
Candle
Company
was
founded
by
Rafael
Ajello
an
Italian
painter
He
was
also
a
beekeeper
so
he
tried
his
hand
at
using
bees
wax
to
create
candles
He
worked
hard
to
create
a
formula
that
worked
well
The
formula
combined
with
his
outstanding
artistic
ability
lead
to
the
birth
of
the
Ajello
Candle
Company
In
1785
the
company
earned
the
honor
of
creating
all
the
candles
for
the
Vatican
He
and
his
wife
ran
the
business
keeping
their
children
involved
in
the
processes
from
an
early
age
As
time
went
on
their
children
and
grandchildren
kept
the
business
running
as
well
as
passed
the
family
business
on
to
their
children
By
1862
the
company
had
established
itself
as
a
leader
among
the
candle
making
industry
They
had
also
added
perfumes
and
many
.
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