Real estate is a waste of money unless:
1. You can pay for it completely cash out
2. You can get a really beat down property then personally do the fixes/construction yourself.
If not the amount you lose in interest each month, property tax, and simply paying more when it comes heating bills etc will be dramatically more than the home appreciation will ever be. Plus each year new homes are being built New (more updated), bigger, and cheaper.
1. You can pay for it completely cash out
2. You can get a really beat down property then personally do the fixes/construction yourself.
If not the amount you lose in interest each month, property tax, and simply paying more when it comes heating bills etc will be dramatically more than the home appreciation will ever be. Plus each year new homes are being built New (more updated), bigger, and cheaper.