Think Big in Real Estate Investing to restart the economy and get rich!

REAL ESTATE INVESTING is the best way for someone with no specialized knowledge to get wealthy.

In the REI line of business, you can help a lot of people reach the American Dream of home ownership. Sure, you can make a lot of money doing it, but nothing beats the freedom it gives you to spend your time how you want. And the side benefit of helping other people get into homes of their own, a small slice of the American Dream, can be very rewarding. But have you ever thought about how an REI impacts the whole American economy?

Recent reports on the real estate industry as a whole are taken from Agent’s and Mortgage Brokers, and don’t take into account how much of an impact the REI has on local, state and national economies. The power of every dollar an REI spends is compounded almost exponentially. Think about it. An Investor studies his or her market, knows the contractor’s and the subs, and the in’s and out’s of their particular locale. So when an REI purchases a home to flip, hold or wholesale, his money is a fuel that stokes the fire of the economy.

The REI pays money for the house (sure, it may not come for 4-6 weeks when the house closes, but bear with me). The REI hires contractors to repair and rehabilitate the home, and pays them. The Contractors keep a portion of that money, and spend the rest on sub-contractors. The Sub-contractor’s keep a portion of that money, and take the rest to the building supply store to purchase supplies and material. They are paying tax, which goes to the government, and giving money to the retail store, which in turn pays its employees, who then go out and spend it and pay taxes on it.

The Contractor is taking his portion of the payment and spending it on food, gas, mortgage, entertainment and taxes. So he’s fueling the economy too!

The REI is also finding a mortgage, and paying their employees through his fees and points. If he uses a HELOC, he’s paying the bank employees. All of whom go out into the community and spend their paychecks at stores, which in turn pay their employees, and so on and so forth.

The SMART REI knows that every dollar he spends to get a house not only is going to help someone live in a great beautiful new home, but is going straight back into the economy and keeping the engines chugging.

How does that fail to inspire? As an REI, you are responsible for the economic fate of America.