|
|
Chapter 17: paper real estate.(real estate investment management)
- Article from:
-
Making Money in Real Estate
- Article date:
-
January 1, 2000
|
Copyright informationCOPYRIGHT 2000 The Kiplinger Washington Editors, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
"There is a danger of being persuaded before one understands."--WOODROW WILSON (1856-1924), AMERICAN PRESIDENT
DOES THIS CHAPTER BELONG IN THIS BOOK? PAPER may be the product of trees, but it's certainly not a piece of the earth. And buildings are not made of paper--not yet anyway. Is "paper real estate" an oxymoron?
Not any more than "jumbo shrimp." There are ways of owning an interest in real estate without actually taking title to anything. These paper real estate holdings release you from property hunting, estimating value, negotiating, financing, planning, managing, landlording, and marketing for sale. In other words, you can make money in real estate without all ...