Tips for Building Wealth 8

Get you some real estate.
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
Writer, Public Speaker and Philanthropist