Posted onJune 20, 2021|Comments Off on When to Visit a Doctor in Longview to Treat Your Back Pain?
Almost 80% of people all over the world suffer from pain in the back some time in their life. Sometimes this pain becomes severe with time whereas sometimes it can go away. If you live in Longview Texas and are suffering from lower back pain then you must know when to search for back doctors in Longview TX to treat your problem. The information provided in this write-up can be helpful for you in this regard.
Why do you have back pain?
You can have back pain due to various reasons including disc pain, joint pain, nerve pain or muscular pain, etc. According to experts, these back pains are normally neither dangerous nor harmful but they can be annoying in most cases. Pain in your back can be a sign or symptom of some other severe problem like infection in the spine, cancer-affected spine or fracture in the spine, etc. Though they are some of the rare conditions but the severity of the problem can increase if you go on delaying to find back doctors in Longview TX.
When should I see a back doctor?
You need not visit a back doctor as the pain starts hurting your back. Initially, you can apply ice and take some OTC medication to relieve your back pain. According to experts, instead of taking a bed rest initially you must remain active and take it easy to relieve your back pain. But if it prolongs for several weeks or becomes severe then you must see back doctors in Longview TX without avoiding participating in normal routine activities.
However, you should go for medical care as soon as possible if you are suffering from back pain after trauma or it is associated with fever. If you experience loss of strength, loss of functioning of bowel or bladder, or losing weight mysteriously along with your back pain even then you must visit your back doctor without any delay. If you have back pain due to some severe disease like infection, fracture or cancer even then you must visit your doctor immediately.
Which doctor should I visit for back pain?
A general healthcare provider can be helpful for you if you are experiencing back pain due to a mild injury or some strain in the recent past. But if the back pain is continuing for some time, severe or associated with some other condition like tingling to numbness in the legs or arms then you must see back doctors in Longview TX.
You should find a doctor who specializes in treating back pain without any surgery. He can be an assistant orthopedic physician, physiatrist, or chiropractor. They can help in reducing your back pain by providing the right treatment after assessing your condition. Depending upon the severity of your condition they can also refer to a back specialist like a specialist in pain management, spinal surgery or physiotherapist, etc.
So when you visit back doctors in Longview TX, they will go through your medical history, examine you physically, and suggests some tests before providing you a proper treatment.
Woods Chiropractic Center
Address: 111 Community Blvd Longview, TX
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Tooth loss can cause a lot of problems. It will affect your eating ability and your appearance. Needless to mention, it will affect your confidence. However, you can get back your look, confidence, and eating ability by dental implants. This procedure can replace your missing tooth successfully. The discomfort level will be less. It will look and feel natural. If you want more details about dental implants, you can go through the following article.
Protect the Remaining Teeth
People normally go with fixed bridges to replace a missing tooth. But this procedure will need some alteration. The alteration will make the remaining healthy teeth vulnerable and weak. You will not experience this problem while going with implants. Dental implants do not need any alteration. Also, it will offer a fully functional and longer-lasting replacement for the missing tooth.
Satisfactory Success Rate
Implants have a higher success rate in comparison to other dental procedures. It has ninety-five to ninety-eight success rates. The rate will vary depending on your condition and the expertise of the dentist. Dental implants have been around for the last three decades and the procedures have been supported by thousands of studies.
Prevent Bone Loss
Unlike other dental procedures, implants can preserve your jawbone health. Once your tooth is lost, the bone begins to weaken over the period of time. The reason is that the jawbone will not receive stimulation in the absence of a tooth. Implants will replace the missing the tooth mimicking the simulation. That will prevent further deterioration.
Last for a Long
Implants will last for the lifetime. Once you have done this procedure, it will not have the chip, cavity, or similar kind of problems. The root, spaceships, and missiles will be made from titanium. That ensures a lasting result.
Look and Feel Natural
Dental implants offer a natural look. No one can distinguish between implants and real tooth without expertise. They will look great. In fact, they can be colored and shaped to match well with your existing teeth. When it comes to the functionality, you will feel like real teeth. There will be no discomfort. You can talk and eat confidently. Also, implants do not demand extra care and attention. You can simply brush and floss like your real teeth. You might not experience these benefits with other procedures.
Not That Expensive
Dental implants are normally considered as an expensive procedure. You will have to spend more upfront. However, it is a one-time investment. Once implants are in place, you do not need any replacement or upkeep in the future. It will work like a normal tooth. If you go with other procedures such as bridges or dentures, you are going to spend for the lifetime.
Make Eating Easier
With implants, eating will be easy like normal teeth. You can eat anything that you want including crunchy carrots and chewy lollies.
Dental implants are ideal for any missing tooth. However, you should always visit an experienced OKC Implants dentist and discuss the procedures in details to ensure a better outcome.
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Posted onJanuary 20, 2019|Comments Off on Dental Implants – The Good And The Bad
There is no doubt that dental implants have become hugely popular over the past 30 years or so. They are slowly but surely replacing the conventional methods of tooth replacement. It does not matter whether it is replacing a full tooth or even a partially damaged one. Further, this procedure could also help in replacing the existing bridges and dentures also. Hence it would be interesting to have a closer look at implants from all points of view. This we are sure will help customers to have reasonably good information and knowledge about the various aspects pertaining to these implants.
The Good Part Of It
If you ask any good OKC dentist he or she will always have quite a few things positive to say about dental implants. If it is done professionally and if it gets fitted properly it could be a permanent solution. Of course, regular maintenance is also important. A set of well-installed implants could be with you permanently. This compares exceedingly well with other conventional forms of tooth replacements which usually have a lifespan of just 10 to 12 years at the most. Further, you also can be sure that it will perform almost like a normal tooth. You will have reasons to be happy about it because you will be able to smile normally and get your confidence back. You also do not need to do anything special as far as cleaning is concerned. Regular brushing and flossing should be able to do the trick.
The Bad Part Of It
Not everything is rosy about implants. To begin with, it is an expensive process and it could vary from clinic to clinic. However, if you wish to get it done from a quality clinic you must be ready to shell out at least $900 which could upwards to $3000 depending on the clinic and the facilities it offers. This is because the process is complex, takes time and the materials used for implants are also quite expensive. Hence, it would be out of reach for a large section of people. But if you consider it as an investment for the future you can be sure that it will be a very good decision.
The Ugly Side Of It
There are some stories of implant procedures going wrong and if it happens it could be painful and also lead to a risk of infection. Further, it is a time-consuming process and there have been instances where it could take anything up to 9 months to complete, though the actual surgery might take just a few hours and a maximum of two or three sittings. In some cases, bone grafting is required and if this has to be done before implants are fitted, you certainly would need to spend a lot of time.
The Final Word
In view of the facts mentioned above, there is no doubt that while there are a number of positives associated with OKC dental implants, it has to be done by professionally qualified orthodontists. If done properly, you can be sure that you will get your uninhibited smile back and you will also have a solution that could be permanent.
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Posted onJanuary 4, 2019|Comments Off on How Orthodontist Is Different From Dentist
Our teeth have a very important role to play as far as our bodies are concerned. Our teeth help in ensuring that the food we eat is sent to the digestive tract in an easily digestible form and shape. Further quality teeth and gums also go a long way in ensuring overall looks and appearances. This again is very important given the fact that we live in a world where looks and external appearances matter as much as inner talents and other character attributes. Hence today we have different streams of services as far as overall oral health and dentistry is concerned. Perhaps around five of six decades back we only had a dentist who used to take care of everything. But today we have different professionals handling different problems. In this article, we will try and find out the difference between an Shawnee orthodontist and a dentist. We are sure it will go a long way in educating and informing customers and help them to make the right choice between a dentist and an orthodontist.
What Are Their Similarities?
There is one common area of similarity between an orthodontist and a dentist. Yes, it is obvious. Both of them are into the business of providing their patients with the right oral care. Usually, it is seen that an orthodontist also undertakes the jobs and responsibilities of a dentist. In other words, he takes care of regular problems like treating teeth pain, helping with filling up of tooth decay, extracting painful and damaged tooth amongst other things. Hence it would not be out of place to mention here that there are many situations where the role of dentists and orthodontists overlap.
How Are They Different?
However, we need to understand that there are more differences compared to similarities between these two professionals. An orthodontist is a more complex profession and it requires additional schooling and undergoing special dentistry related studies, surgeries, processes and procedures. It is akin to a doctor undergoing special studies so that he or she is able to become a surgeon. While dentists usually restrict themselves to handling routine stuff like teeth pain, teeth whitening, filling of decayed tooth and tooth extraction, orthodontists are known for offering much more. They come in handy when there is a need for doing some cosmetic upgrades to the teeth. The role of these professionals is quite wide and we share below a few reasons where their services could quite useful.
They also could help improve the overall alignment of teeth and help straighten crooked teeth or teeth which have not been properly formed.
They also could help in other cosmetic processes like permanent whitening of teeth and also fixing some more complex issues that could have been with patients ever since their birth.
The Final Word
In fine, there is no doubt that when it comes to a combination of routine dentistry issues and cosmetic changes to the teeth and gums, the role of orthodontist becomes quite important and extremely crucial.
Address:717 S I-35 Service Rd, Moore, OK
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A denture is nothing but a replacement for the missing teeth and the surrounding tissue. Regular dentures can be easily removable.
There are 2 varieties of dentures. One of them is complete denture, while the other one is partial denture.
Complete dentures:Complete dentures come to rescue when each and every tooth of a person is missing. Complete dentures again can be of two types, immediate or conventional. In case of conventional denture, once the teeth are removed, the gum tissues are allowed to get healed for a span of eight to twelve weeks. The conventional dentures are only placed in the mouth once the gum tissues are completely healed. In contrast to conventional dentures, immediate dentures are placed, just after removing the teeth.
Partial dentures: The partial dentures is recommended when a person still has some of his natural teeth. These kinds of dentures usually have replacement teeth, which are attached firmly to a plastic base. This plastic base generally has a metal structure that helps to hold the denture properly within the mouth. As in case of the partial denture, there is already one or more existing teeth in either of the jaws, a bridge can be used to replace 1 or more than 1 teeth. This bridge is cemented and the the crowns are placed on both sides of space of the teeth. Finally, the artificial teeth are attached to them. This partial dentures fill up the space that is formed by the missing teeth.
Other benefits of placing the partial dentures are:
The existing teeth do not get the chances of changing their position.
The risk of periodontal disease gets reduced.
Helps to maintain the shape of the face.
It releases the stress of the jaw.
The process of chewing and speaking become much easier.
Denture implants: These types of dentures are different from regular dentures because they are supported by and attached to implants. Dental implants are specially used in cases, where a person does not have any more teeth in either of the jaw, but have enough bone to support the implant. The implant supported dentures have to be removed on a daily basis, in order to clean both the dentures as well as the gum area. These should also be removed while sleeping at night.
There are two types of denture implants, i.e., bar-retained and ball-retained denture implants.
Bar-retained dentures:Here, a thin metal bar is used, which is placed according to the curve of the jaw. This bar is attached to two to five implants, that have been already placed in the jawbone. Clips or other attachments are used, in order to keep the dentures in place.
Ball-retained dentures:In this case, each of the implant in the jawbone grip a metal attachment, that holds into another attachment. These attachments on the implants are usually balled shaped and are called the male attachments, which fit into sockets, i.e. the female attachments.
The costs of the denture implants are usually higher and they resemble very similar to the real teeth. However, it’s not recommended for everyone.
Posted onDecember 4, 2018|Comments Off on Reasons To Find Teeth Whitening Dentists
You are required to find a dentist to whiten your discoloured teeth as whiter smiles are considered as happy smiles. Your teeth get darken or discoloured with time even if they are regularly cleaned as per the instructions of your dentist. Drinking tea, coffee, smoking and red wine are considered as some of the main reasons behind the discoloration of your teeth as they stick to their surface. OKC Teeth whitening clinics can help in bleaching or whitening them by removing the stains from their surface and restoring their natural whiteness and brightness.
The colour of your teeth can be lightened through a number of the tooth whitening processes. Laser teeth whitening and light activated teeth whitening procedures were traditionally used for this purpose in various countries but Oklahoma Citydentists do not recommend them. It has been proved through various studies that the whitener used in these procedures is highly concentrated which can be harmful for your teeth in the long run. Moreover after various studies it has been detected that the custom tray method can provide similar results at a fraction of cost of the traditional procedures. That is why Custom Tray method is considered to be the most popular method that is used for whitening teeth all over the world these days. This procedure changes your smile dramatically by whitening your dull and discoloured teeth overnight as the moulds or impression of your teeth is used as custom bleaching tray in this process.
Dentists suggest using bleaching agent or teeth whitening gel in this tray which you can wear at your convenient time once in a day. The custom fit shell models of your teeth are made by teeth whitening clinics from thin and flexible layer of plastic which can be used as whitening trays in this method. These trays can hold small quantity of teeth whitening gel and worn in your mouth for several hours every day to whiten your teeth within few days. People usually wear these trays before going to bed at night so that it can change the colour of their teeth as soon as possible as it provides them several hours to work on their teeth.
Advantages of custom tray teeth whitening procedure
This latest teeth whitening method used by teeth whitening clinics provides highly effective and dramatic results within few days.
It is consistently used by most of the celebrities to improve their appearance by whitening their teeth
Disadvantages of custom tray teeth whitening procedure
Some of the patients have experienced increase in the sensitivity in their teeth or gums due to consistent use of trays. But it has also been observed that these symptoms go away themselves gradually within few days after discontinuing the use of trays after whitening your teeth.
If the teeth are stained in a way that limits the effectiveness of this tooth whitening procedure then dentists also suggest to use various alternative procedures like crowns, porcelain laminates as well as accelerated whitening procedures. But you should consult your dentist before using any of them.
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Nowadays, braces come in a variety of options that the customers can choose from. Efforts are being made for the past many years to make the braces unnoticeable, but they are still much adult friendly. So, the researchers have come up with Invisalign, a new type of transparent braces that is fast overcoming the traditional braces for gaining a perfect smile. It is a more discreet way of achieving straight teeth. The EnvisagingRichmond TX bracesare look like a shiny transparent gum shield, which is molded in a perfect way to slot over the teeth. With the use of a perfect impression and molding technique, these Invisalign braces stay in place and bring about the desired results effectively. Then, as the teeth start moving, the braces are replaced by a new set that matches the ne orientation and helps to sustain it, while continuing with the straightening process. Although, Invisalign braces are not used on the larger scale yet, their excellent benefits make them suitable as the main form of dental treatment. One of its greatest advantages is the replacement of retainers.
Retainers have to worn by people choosing traditional methods after the removal of metal braces so that the teeth maintain their position and become permanently fixed. And as the retainers have to be used for three to six months, the overall process becomes too long. Invisalign has made it possible to get rid of the retainers completely. Consequently, people are able to enjoy the straighter teeth even during the ongoing treatment. Being discreet and unnoticeable is what makes the Invisalign braces much more beneficial over the metal braces. The other benefits of Invisalign include a more effective brushing and flossing. As Invisalign allows the customers to remove the transparent braces while brushing or flossing, which is not possible with the traditional braces, it allows better and easier cleaning of teeth. For people who wish to have their teeth whitened and straightened at the same time, the envisaging tray can also be used as a whitening tray. This dual functionality of envisaging gives it an upper hand over the traditional metal braces.
In addition to these benefits, there is also the advantage of less likelihood of soreness. As there are no sharp points or metal edges in the Invisalign braces in Sugar land, soreness of the gums or the area surrounding the teeth do not take place. Also, there are less chances of decaying or gum disease with the Invisalign aligners. The absence of metal parts removes out the chances of cuts in the mouth. With metal braces, there are problems of loosening of the metal brackets. So, people have to keep visiting their dentist every now and then. This is not the case with Invisalign. And unlike the traditional braces, there is no restriction in envisaging on the kinds of food people want to eat during the teeth straightening process. People can easily eat sugary snakes, hard fruits like apples, and fizzy drinks. Since its discovery, Invisalign has worked wonders for many happy customers. They are grateful to this exciting new method of Invisalign for letting them have perfect smiles and high self-esteem.
Posted onOctober 24, 2018|Comments Off on Selecting The Appropriate Dental Practitioner For You
At present, almost every one of us is in the habit of visiting the dental practitioner at least twice every year. However, one will come across multiple choices when it comes to choosing an appropriate dentist for his or her dental requirements. A dentist is one individual who can make a significant difference in maintaining the health of the teeth as well as the gums. There are likewise different specialties in their profession as well. In other words, different types of dental physicians are adept at taking care of different components of our oral health. In fact, there is a specialty which will suit every single person out there when it comes to selecting the dentists. However, the good thing is that the majority of the towns and cities across the globe come with lots of dentists who are not only certified but also competent as well. In the subsequent paragraphs, we will throw some light on the different types of dentists available at present.
These professionals focus their practice on looking after the younger generation which includes infants as well as kids through puberty. As a matter of fact, you’ll come across many young children who require constant dental care so as to keep their gums tidy as well as healthy with the emergence of new teeth during this particular phase of their lives. Moreover, several pediatric dental practitioners likewise add video games to their clinics as well as colorful paintings on the walls which will help the toddlers to overcome their nervousness ahead of the consultation. In this way, this helps to make the atmosphere quite playful as well as amusing for everybody.
This category of dental practitioners usually concentrates on beautifying the smiles of their patients. Amongst the services offered by okc invisalign dentists, whitening of yellow or stained teeth, as well as bleaching, deserves special mention. Besides these, they are also known to take care of cracked enamel as well as apply veneers too.
A general dental practitioner will usually take care of the oral health of individuals of all ages, along with several other general dental issues which might include maintenance as well as repairs. In most cases, these types of dentists are known to serve the entire family as a whole.
In oklahoma city orthodontists are those dental physicians who work on straightening of the teeth. Although the majority of the patients consist of children, adults of every age are also quite common. At present, you’ll come across braces in different types of appearances and shapes. Unlike the past, when tin grins used to fill up the smiles, the contemporary method will be to create a more innovative and cool look by applying brightly colored and clear apparatuses.
These are those dental physicians who look after the pulp as well as tissue encircling each tooth. In fact, they will take care of the adjoining region of the teeth which consists of arteries, nerves, fibrous and lymphatic tissues, all of which are essential to oral health. They are also experienced enough to perform root canals, applying crowns and also repairing damaged or cracked teeth.
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If you want to achieve a bright, healthy and confident smile, then you must ensure that your oral cavity is in its ideal condition in terms of cleanliness, teeth alignment, spacing, gum support and the strength of the teeth. However, it may not be possible to achieve all these without proper dental care. Fortunately, there a number of fully equipped and professionally staffed dental clinics that can offer you the right kind of dental care with the best Cosmetic dentists in oklahoma city. For instance, they are known to offer;
Though your teeth may initially be spotless white, discoloration may happen because of aging, eating, drinking or smoking habits. Poor dental cleaning habits, tiny cracks and certain antibiotics can also cause teeth discoloration. If you have such a problem, you can get to the dental specialists and they will provide you with topnotchteeth whitening services in Okc. They do this by;
a) Applying teeth whitening products
b) Employing the laser whitening technique and
c) Using whitening toothpastes among others
2. Dental Implants
If you have one or several missing teeth, dental implants will offer you the best alternative to your natural teeth. These are synthetic structures which are normally placed in the area that was occupied by the root of your natural tooth. The implants are normally anchored to your jawbone or the metal framework that is fitted on the bone and function as the foundation for the artificial teeth, dentures or the dental bridge that is fitted into your mouth. Made of synthetic materials such as ceramic or metal, the implants are normally designed to perfectly resemble the feel and appearance of natural teeth.
If you have crooked, badly shaped or stained teeth, you can improve them by having veneers placed on their surfaces. These are ultra-thin pieces of plastic or porcelain materials that are usually cemented over the front part of one’s teeth so as to change either their color or even shape. They can be used on the teeth that are oddly-shaped, crooked, unevenly spaced, chipped, discolored, or those with uneven surfaces. Veneers are typically made by a qualified dental lab technician who works from the precise model that is offered by your own dentist.
4. Root Canal Therapy
Root canals are typically tiny passageways branching off from underneath the top part of your tooth all the way to the tip of its root. Most teeth problems usually involve the spreading of infections to the pulp; the inner chamber of one’s tooth that has nerves, blood vessels and other tissues. And when the infection worsens, it is likely start affecting the roots. However, root canal therapy is an efficient treatment option that usually involves the removal of the diseased tissue, putting a halt to the spread of the inspection as well as restoring your tooth’s health with root canal dentist okc.
You can also trust the dental care professionals to provide you with; braces, snoring and sleep apnea solutions, dental cleaning, dental sealants, bonding, dental crowns and bridges as well as cosmetic contouring among other procedures and services. The best part is that they normally employ some of the latest techniques that guarantee accuracy and efficiency. Moreover, they normally use sedatives and other numbing options for potentially painful procedures so as to minimize pain or discomfort.
Posted onMarch 15, 2018|Comments Off on Why Real Estate Will Always Be More Desirable Than Stocks
For most of my post college life, I’ve had a drastically larger exposure to real estate over stocks. I needed a place to live so I figured it was better to pay down a mortgage than to pay someone rent. When it was time to buy another property, I simply rented out my old place for positive cash flow, and enjoyed my new place until it was time to rent it out again and buy a new place.
I’ve gone through this buy-rent-buy cycle three times now, and it’s been by far the easiest way to make and save several million in tax-advantageous dollars. Within the next five years, our plan is to go through another cycle and buy a Hawaiian beach property and rent out our current San Francisco primary residence.
Now that my exposure to stocks and real estate are more equal after the sale of a SF rental in 2017, I’ve had time to think about the two asset classes more objectively. And during this time, I’ve noticed anti-housing crusaders reach deafening levels!
The main reason why there is so much rage against real estate is due to the human condition.
Why Real Estate Will Always Be More Desirable Than Stocks
You crave what you can’t have.
The people who are the most vocal against real estate are the ones who have the most desire for real estate.
They are the activists who push government to enact laws that tax foreign buyers, tax absentee property owners, and build more housing because their rent is too damn high.
They are the bloggers who cherry pick a bad home sale to prove prices are weakening in an obviously booming city.
They are your friends and acquaintances who call you a trust fund baby, don’t believe you scrimped and saved all those years, or try to make you feel bad about your purchase.
To buy real estate responsibly, you need to go through these steps:
Save enough for a 20% downpayment to avoid PMI.
Have a financial institution deem you creditworthy enough to qualify for a mortgage.
Make an attractive enough offer to be accepted by the seller.
Have the guts to agree to the terms and take on the property.
At each stage, there is risk of rejection or failure.
It takes a lot of discipline and sacrifice to save $300,000 for a down payment on a median priced home in New York City. Therefore, most people don’t and get pissed at those who do. The human condition assigns luck to the achievements of others and skill to our own.
Due to more stringent lending standards since the financial crisis, the average credit score for those qualifying for a mortgage is over 720 (excellent). Banks also won’t lend to folks with a debt-to-income ratio of over 43%. If you get rejected for a mortgage, which has happened to me because I didn’t have two years worth of freelance income at the time, you will naturally hate the lender and housing in general.
In competitive housing market, it’s common to get rejected multiple times before finally giving an offer good enough to be accepted. Each rejection beats you down because you always dream about what your life would be like in the property you are pursuing. Get rejected enough and you’ll either put out some crazy high offer to your detriment or get really bitter at the entire process.
Related: Spray And Pray: A Cheap Way To Potentially Buy A Property
Once your offer is accepted, you need to muster up the courage to transfer a good chunk of savings into escrow and in most cases assume a mortgage. Plenty of people get cold feet and back out from their offer. It takes guts to take such concentrated risk. If you backed out only to see the property resell years later for lots more than you could have bought it for, of course you’re going to be pissed off.
Related: No Financing Contingency: A Way To Offer All Cash Without Having All Cash
Now let’s look at how difficult it is to acquire stock.
The barrier to entry to buying stock is pretty much ZERO. Robo-advisors like Wealthfront can build you a stock portfolio for free starting with just $500. You can open up a Fidelity brokerage account with $100 and buy roughly 70 ETFs commission free. There’s even a new fintech company called Robinhood that allows you to trade everything commission free.
When anybody and everybody can buy stock, stock simply becomes less desirable. When there is only one panoramic ocean view property in on a 10,000 square foot lot with a hot tub time machine owned by someone who will never sell, of course the property will be more desirable than any stock on the planet.
Why do you think there’s not nearly the same level of rage against owning stocks?
Think about this: It’s somehow OK to rent all your life and be short the housing market. Yet if anybody decided to short the S&P 500 index their entire life, they’d be considered a buffoon.
Other Reasons Why Real Estate Is Attractive
1) You are the CEO, not a minority investor. Every physical real estate investment you make puts you in charge. As CEO, you are able to make improvements, cut costs (refinance your mortgage), raise rents, find better tenants, and market accordingly. Of course you are still at the mercy of the economic cycle, but overall you have much more leeway in making wealth optimizing decisions. When you invest in a public or private company, you are a minority investor who is putting his or her faith in management. Sometimes managers commit fraud or blow their companies to smithereens while making mega millions for themselves.
2) Leverage other people’s money cheaply. Thanks to mortgage interest rates coming down for 30+ years, qualified real estate investors can borrow money at 30+ year lows. Given the cost of capital is lower, the returns tend to be higher. Cheap interest rates also attract more borrowers, bringing more liquidity to the real estate market, which in turn puts upward pressure on prices. Even if real estate only tracks inflation over the long run, a 3% increase on a property where you put 20% down is a 15% cash-on-cash return. At this rate, in five years you will have more than doubled your equity. Just don’t get caught being overly levered in a down market.
3) More tax advantages. Not only can you deduct the interest on up to $750,000 in mortgage indebtedness on your primary home in 2018 and beyond, you can also sell your primary home for tax free profits up to $250,000 for singles and $500,000 for married couples if you live in the home for at least two of the last five years. Thanks to depreciation, a non-cash expense, you can shield your rental income as well. All expenses associated with managing your rental properties are also deductible against your rental income. If you are in the 32% marginal federal income tax bracket or higher, all the more reason to own your primary residence.
2018 Federal Income Tax Rates
4) Tangible asset. Real estate is something you can see, feel, and utilize. Life is about living, and real estate can provide a higher quality of life compared to a rental that is not properly maintained. I always believe in buying real estate for living first, cash flow second, and principal appreciation third. With stocks, there is no utility unless you spend the dividends or sell positions to purchase something. As a majority investor, the feeling of owning my primary residence is 1000X greater than the feeling of owning this Macbook I’m typing this post on, despite owning $150,000 in Apple stock.
5) Easier to analyze and make better investment decisions. It is much more difficult to analyze a company’s income statement, cash flow statement, and balance sheet than it is to analyze a property’s financial statements. This is why it’s often better to just buy an S&P 500 index fund for your stock allocation and call it a day. If you buy an individual stock, it may doincredibly well, or you might lose your shirt because you misjudged competitive pressures. For example, anybody who bought Blue Apron stock at the IPO is now down 75% because they misjudged Amazon coming into the market and crushing them. Anybody who bought Lehman Brothers or Enron lost everything. With real estate, it’s easier to estimate rental income, occupancy levels, new supply, job growth, and population growth.
6) Less visible volatility. Your house value could be tanking and you would never know it since there isn’t a daily ticker symbol. During the 2008-2009 downturn, I still got to enjoy my vacation property in Lake Tahoe 20 days a year even though its value was plunging. Meanwhile, looking at the TV or computer screen just made me mad at how much I was losing in my stock portfolio. When your investment is less volatile, it’s much easier to stay the course and not sell at the bottom.
7) A greater source of pride. After a while, making money for money’s sake is a pretty empty feeling. Money needs to be used for something, such as buying real estate to raise a family. Every time I drive by my rental property I feel proud to have made the purchase in 2003. It reminds me of the time when I was 26 years old and still trying to make a name for myself at the job. I have zero sense of pride with my stock portfolio, partly because nobody sees it and nobody uses it.
8) More insulated. Real estate is local. If you’ve made a good decision to buy in an economically strong region, you will be more insulated from the national economy or the global economy. Look at prices in superstar cities such as NYC, Hong Kong, Singapore, London, Paris, and San Francisco. They fall the least, recover the soonest and gain the most. Of course if tech ever collapses, my real estate holdings will be crunched. Therefore, I sold one SF property and reinvested $500,000 of the proceeds in real estate crowdfunding projects everywhere else but San Francisco for diversification purposes.
9) The government is on your side. There are two organizations not worth fighting against: the Federal Reserve and the Central Government. Not only do you get generous mortgage interest tax deductions and tax free profits, the government sometimes bails out overextended homeowners during bad times. I got a free loan modification on my vacation property mortgage from Bank of America, even though I didn’t need it. The government forced BoA to cut my 30-year fixed mortgage from 5.875% down to 4.25%. Programs such as HARP 1.0 and HARP 2.0 allowed folks without hefty downpayments to get in on the action. There are plenty of non-recourse states such as California and Nevada which don’t go after your other assets if you decide to stop paying your mortgage and squat for months.
10) You’ll save your children from angst and despair. When you die, you can pass on your real estate holdings to your children using a stepped up cost basis to let them create their own memories, tax free. With the estate tax limit threshold now $11 million per person, you’ve got twice the room to pass on assets tax free than during the last administration. All the people who are anti-housing could have been saved if their parents decided to invest in real estate 30 years ago. Life is so much easier once housing is cheap or free. If you’re willing to provide an education for your children, perhaps you should also be willing to provide housing just in case they need it.
Related: Why I Wanted To Build A Real Estate Empire
Real Estate FOMO Is The Illest
In a bull market, the average person’s day job income will likely never catch up with their local real estate market. For example, when the San Francisco median home price jumped from $1,000,000 to $1,100,000, the median income of $80,000 would have to jump 125% just to stay even.
The good thing is that real estate goes in cycles. You are finally seeing markets like Toronto, New York City, London, and San Francisco soften due to new supply, rising mortgage rates, residents moving away, and property prices that have far outstripped wage increases. Healthy downturns will usually last 2-3 years before stabilizing and then resume their upward trajectory.
Hopefully during soft times, folks who want to buy homes will have already aggressively saved and figured out ways to boost their income. Otherwise, it’ll be the same cycle of angst, anger, and despair over and over again.
Why I’m Investing In The Heartland of America
BURL: The Real Estate Investing Rule To Follow
Readers, do you agree that real estate will always be more desirable than stocks for the reasons I’ve stated? If not, please share why!
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