Friday, March 13, 2015

Which Is Better, An Empty House Or A Bucketfull Of Cash?

     It has always amazed me how many people own empty houses.  Once when I lived in Orlando, Florida, I called a lady in Miami that owned an empty four unit building in Orlando.  I asked her if she would like to sell this empty building.  She said,"yes".  I bought that building from her.  Later, I asked her why she owned an empty building in Orlando.  She told me that her son had attended the University of Central Florida in Orlando.  Five years ago, she bought that four unit building, sight unseen.  Her plan was that her son would come to Orlando, live in one of the apartments and rent out the other three.  Her son pulled up in front of this building and said," I am not living here in this neighborhood.".  He drove out near the university and rented himself an apartment.  That was five years ago.  Since she had paid cash for the building, she just left it there, deteriorating,  until I called.  I assume the lady in Miami was rich.  She was rich.  She was rich enough that whether or not that building created rent was little consequence to her lifestyle. 
Watch Ron's video on You Tube about the IDEAL investment

     Lots of people are rich.  Almost anyone, rich or poor, would rather have some cash than an empty house.

     Sometimes people inherit a house.  It is free and clear with no mortgage.  It creates no financial burden for them.  Often, it takes these people a year or two or three to realize that they can sell Grandpa's house and use the money.  Often with inherited houses, the heirs have to settle their own arguments.  I do think cash is easier to argue about than an empty house. 

     Vacation house are another empty house that people choose to own.  Often people own a vacation house, especially here in Hendersonville, North Carolina.  The vacation house was a good idea twelve years ago when they bought it.  Now, the kids are grown and their situation has changed.  They don't really enjoy the vacation house as much as they used to.  Often, momentum lets a year or two go by before they realize that it is time to sell the vacation house and put their money into something that they will enjoy more. 

     Sir Isaac Newton stated that " Any body at rest will remain at rest until acted upon by an outside force.".  This is the scientific principle of inertia.  Sir Isaac Newton also told us that " Any body in motion will tend to stay in motion until acted upon by an outside force."  This is the corollary to inertia.  It is called momentum.

     Let me and this article be your "outside force".  I believe many people continue to own empty houses and vacant lots that they should have sold years ago just due to inertia.  Call me, Ron Climer Realtor, in Hendersonville, North Carolina.  Let me sell that empty house or empty lot that you own.  Your situation has changed.  Turn that empty house that is costing you taxes and maintenance and liability and emotional stress   every day into a bucketful of cash.  Cash is so much easier to store.  You can buy something that you really want or you can just put it in the bank and earn interest.  

     If you own an empty house, for whatever reason, call me at 828 755 6996 .  Let's let someone else own that house.  You enjoy the cash.

     In investment circles, there is an expense called "lost opportunity".  This is the theory that often an opportunity will come along that having cash will make you able to take advantage of and not having cash will cause to to pass on this opportunity.  Owning an empty house in Hendersonville, North Carolina will not help you.  Call me.  Lets convert your empty house into a pocketful  of cash that you can enjoy.

       https://www.youtube.com/watch?v=jdu3K3Y5_N0   Here is a link to the I D E A L video
     www.ronclimer.com

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