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Show hoi own is MICE IF BUILDER Deed to Property Worth More Than Accumulation of Rent Receipts. "A deed to a little home in Salt Lake is worth more than a bushel of rent receipts and, with a littlo foresight tho deed is just about as easy to obtain," ob-tain," said a local business man Saturday, Satur-day, "While there aro instances in Salt Lake almost every day where smnll fortunes arc made in investments in tho business district, few seem to realize tha't the small investor has ns good a chance to mako money in this w.tv," ho continued., "Rcsidonco property prop-erty is advancing as fast as any other class of real estate, and tho small investor in-vestor lias equal chances with the man who has many thousands at his disposal. dis-posal. Tho first step for the man of 1 limited moans and steady income should ! be to own his own homo. "Tt is surprising to note how little forothought is given by the men of comparatively small income to tho advisability ad-visability of investing in and owning real eslate. "Some four years ago when a party of Los -Angeles investors visited Salt Lake and pickod up a few hundred thousand dollars' worth of real est at o they had no idea that, values would in-crciisc in-crciisc as rapidly as they have. Of course each investor expected to make some kind of a profit but sales in the last few months of this property show results even beyond the expectations of the most optimistic. "This increaso in values in Salt Lake is radiating in all directions. Tho older residence districts in tho city arc giving giv-ing way to business blocks and other tracts regarded a few years ago as out of tho question for residence purposes ore already dotted with handsomo homes and supplied with street car service, sowers and water and electric lights. Making a Start. "The first investment ovcrv man should mako is the purchase of a homo in a desirnble residence district in the lino of the growth of (he city. The man who is satisfied to go through life witli no desire to acquire a home is his own worst deceiver. It is true that through circumstances, many who have that desire are unnblo to avail themselves them-selves of it, but it is also true beyond a doubt that tho numbor who could and do not aro largely in the majority. "Men and women often thoughtlessly thoughtless-ly oxress themselves to tho effect that they would not bo bothered with the care of owning a homo, or that thoy might loso by such a ' transaction, and tho self confidence so necossary for a successful lifo is thereby suppressed. Little do such persons realize how their earnings aro consumed month after month bj; payment of rent for which they receive only a receipt for the as-surauco as-surauco of living accommodations for tho next thirty days. Thoro are others who have the desire and means to own their own homes who arc Must looking around' and putting off making a start .iii tho right direction and paying rent fn (ho meantime whilo they might be payiug this rent to themselves in their own home. "Tt is a well known fact that for every twelve years that a man pays rent he pays the full value of tho property prop-erty and ho is still no nearer ownership owner-ship than on the date ho received his first rent roccipt for thirty days. "Good, substantial responsibility is easily acquired and with this, only a small investment is necessary at tho start to obtain a good home.'' |