It’s called real estate for a reason – it’s real estate. Stocks, bonds
and mutual funds are great, but real estate is what’s most real – most
tangible. Owning my home has afforded me tax credits or breaks,
as well as discounts on life, car and health insurance. Most of the
people I grew up around did not own their homes, so no one had a
source of true wealth. Home ownership opens the door to loans to
start a business or finance an education. Most people do not own a
home for several reasons. One reason is bad credit or the mismanagement
of credit. High balances on high-interest credit cards will
limit your ability to attain a mortgage loan. Another reason is the fear
of responsibilities that come with home ownership, such as maintenance
and taxes. If you are afraid of the responsibility of home
ownership, I question whether or not you have real goals, visions or
dreams. Maybe you are trying to fake it till you make it. Some feel
they cannot afford a home, which is a shame, because there are so
many programs in this great country designed to help almost anyone
become a homeowner. Real estate is one of the most important keys
to realizing your dream. It represents a piece of the pie, the American
dream and the American way of life. Ninety-seven percent of
self-made millionaires in this country own their own home. Get you
some property as soon as possible, my friend.
Devin Oten
DO Enterprises
www.DevinOten.com
Writer, Public Speaker and Philanthropist
February 4, 2013