Everyday I hear opinions about real estate. It's a well known fact that homes do not in any way resemble a slot machine. There is not a lever on the side of your house - to pull and hope three matching pictures line up.
A home is different things to different people. Some did/do use it as an ATM machine. Living to refinance or praying the bank approves a line of credit against a home. Just because these people can't get it right - doesn't mean everyone has it wrong.
For some - the choice to buy is easy - while other struggle with just the thought. For those that are interested. For those who choose to buy a home/property, your profile varies as much as the hundreds of possibilities of available properties.
Apartments, duplexes, condos, all the best investments right now for those who have a "Trump" complex. The "ding ding ding" of a slot machine can warm any empty wallet. Ahhhhh.....
It's about using the right formula for your appropriate equation. You wouldn't just walk into a casino and sit at the high rollers slots without knowing you've a bank roll to back it up.
You should keep the same in mind for real property.
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