If you’re trying to build a nest egg that won’t crack, it’s important to establish a safe and dependable investment strategy. Yet last year alone, millions of Americans lost their life savings through investments that looked safe. In some cases, people lost both their jobs and their pensions when companies failed.
So, is there a safe place to put your money? Analysts say yes, but it’s important to learn a few facts first.
For instance, real estate has long been known as a secure, tangible investment because it generally appreciates over time. But most would-be investors are not real estate experts, and many of us don’t have enough money to fund the purchase of an investment property-let alone to fix up a run-down home. However, there is another strategy. It’s called cash flow investing and it allows people to benefit from secure and profitable real estate investments without buying or selling properties.
Put simply, a real estate cash flow note is a private mortgage created between two individuals instead of between a buyer and a bank. What many people don’t know is that one in 13 American homes is sold this way....