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Get back to investment basics--real estate.

Publication: San Diego Business Journal
Publication Date: 28-JUL-03
Format: Online - approximately 1046 words
Delivery: Immediate Online Access
Full Article Title: Get back to investment basics--real estate.(Advertising Supplement to the San Diego Business Journal)(portfolio diversification)

Article Excerpt
So your portfolio needs more diversification, and the words of your grandfather continue to faintly ring in your head: "buy real estate." What he really meant was to start buying as early as possible so you can exchange smaller properties for larger properties on a tax deferred basis. This process allows you to develop a passive income stream that hopefully leads to early retirement. Numerous strategies exist and you must decide where your comfort level is.

There are a few things to consider for any type of unit you buy. All are aimed at keeping yourself from being upside-down on a monthly basis. If it costs you $100 per month to own a unit, there are only so many units you can afford. However, if you MAKE $100 per unit--your profit and loss will not be a limiting factor in how many you can own. Before you scoff at the $100 per month, this is not...

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