In our Accounting class we had a nice
teacher. Among the many things he taught us, I may still remember clearly how his voice resonated against the class room walls when he talked about depreciation and real estate.
He said that all physical assets including building, machinery, furniture, is subject to waste and decay. All physical assets (of course except land) have to be depreciated. Even if you talk about funds
, in time due to inflation and other factors its worth will decrease. A $100 ten months ago is not the same $100 today.
In contrast, land does not have to be depreciated because its worth does not decrease over measure
. Real estate is the only asset whose value enhances
over measure
. A land bought today may be sold manifold after a few decades
.
A classic business strategy to get wealthy is through real estate. Real estate has produced one of the highest number of millionaires than any other industry. Investing in real estate has proven to be a sizeably workable wealth builder for hundreds of decades
.
Thats why the "Real Estate Jobbing 101" ebook by Barry J. Grimes caught my attention. The real estate jobbing involves working with real estate investors and learning from them "on the job". The ebook is split across 5 volumes with each volume focusing on a particular area. For example,
* Volume 2: The Getting Started Guide
Discover how to find local Investors to work with. Learn how to make a leads and contruct
mentor relationships. Includes step-by-step directions
with real life documents and examples.
* Volume 4: Jobbing and the WWW
Discover how to take your jobber business to the World Wide Web. Learn how to contruct
a business website, step-by-step, for your jobber business.
More data
on "Real Estate Jobbing 101" is available at:
http://funds
-employment.marc8.com/ebook-info.php/title
/zero_down_real_estate_investing/toc_id/6-0-5-7