Scott Powers Scott has been a licensed professional in securities and insurance since 1999. He started as an advisor with New England Financial before starting his own independent firm Powers Financial Group. After recently selling his practice, he left the cold winters of New England and moved his wife and two boys to sunny southern California. As well as financial consulting, Scott spends his time acting, coaching, staying fit and volunteering with Special Olympics.
For many, real estate is the gold standard of all investments. It has a great long-term track record, can provide a steady income, and is an investment that is tangible and usable. There is something satisfying in looking at a building you own, versus staring at shares of stock on a computer screen.
Unfortunately, real estate as an investment has barriers to entry, such as money for a down payment, the ability to get a sizable loan, the time and education to run a profitable enterprise, and the necessary cash for maintenance, repairs, property taxes, and insurance.
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