July 12, 2007

8 Reasons Why You Should Invest in Virtual Real Estate

Real estate is usually touted as the best investment you can make. You can leverage your money, derive tax benefits and generate a significant passive income. Here's why I believe investing in virtual real estate is better:

  1. Low cost of entry. You don't need credit, partners, or a truckoad of cash. You can buy a domain name for less than ten dollars.
  2. You aren't held hostage by contractors or tradesmen. You can do it yourself or have a professional build your site and deliver it to you ready to go.
  3. You never have take a tenant call in the middle of the night. You never have to fix a broken toilet. You can have websites that require the level customer service you desire. We have websites that require NO customer service or interaction.
  4. You don't have to chase anyone for the rent.
  5. If the construction takes longer than expected, it doesn't cost you any more. You don't have to worry about looming mortgage payments.
  6. You don't have to screen or find a buyer or renter.
  7. Your virtual real estate site can generate cash flow as it appreciates.
  8. Your VRE business can generate tax benefits. ( Consult a qualified accountant. This is not legal or financial advice. You know the drill)

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