Salt Lake Telegram | 1915-03-07 | Page 26 | Investments Safe Real Estate

r INVESTMENTS SAFE REAL ESTATE Practicing what he preaches In re respect respect re- re of promoting the Interests of his own home town A RIchter of or this city alms aims to Inspire lelUm legitimate te con con- In the tho prospective Investor In real estate In other words ho Is t. like the physician who Is not afraid to take his own medicIne In conversation conversation conversa conversa- tion with a n representative of THE SUNDAY SUNDA Y TELEGRAM Mr RIchter saidI said sald I have been In the real estate business buel- buel ness Hess In n Salt Lake for tor tho the pa past t twentythree twentythree twenty twenty- three years and naturally natural some experience experience In that line has hRS fallen to my lot In the meantime I 1 have ve done considerable considerable con con- traveling and thereby 1 added to my knowledge of ot gener general t conditions throughout hout all the country Has Ham Watched Results It Is natural to assume that my ob observations observations ob- ob have been chlo chiefly Y devoted to the results achieved at home and In other places with reference to home homebuilding homebuilding homebuilding building and other Investments In In real property In consequence mr my course In Salt Lake L. has hat been shaped d through these thue lessons learned through such sueh observation observation ob ob- 2 If U I had a 1 million dollars to spare at this time I 1 would would buy Salt bu Lake real estate with it but would buy y It right That is to say may I would take Into con con consideration all aU surroundings and pros pros- prospects prospects and If seeking ea n. n home I 1 would not bu buy a I house so cheaply constructed that It would deteriorate In value as se fast as 3 the ground upon which It 11 was w built would Increase In worth My object object object ob ob- would be to get a a. home so o well ell built bunt that as the e site alte grew In value It would add to my gain without accompanying accompanying loss of such proportions as to offset that gain I Time Is Propitious During my career I have ha bought fully fully ful ful- ly 11 as much Salt SlIt Lake real estate to as Ican I Ican Ican can carr carry I know what It Is worth and can reasonably foretell what It Is la going to be worth say In a A. year from now My candid opinion Is that there never was a time In the tho history of this dt city and there never will come a n time In tn the future more propitious for advantageous advantageous ad Investment In real estate Business Is fair In my line at the present time I am not saying that It Is booming when hen It Is not because that t thatIs Is not my way of dol doing nit If It there Is 15 anything detestable In my bu business or oran an any other It Is misrepresentation But there Is equal sincerity In my statement statement state state- ment mont that no better Investment can bo ho homade made today than In Salt Lake real es es- es tate It Is m my opinion that within the year profits will bo ho realized from property prop prop- ert erty here If bought now no and ancl bought right I anticipate to an car early spring opening of activity In the local market The temporary setback exp experienced by the whole country Immediately following the op opening European war Is be being being be- be ing gradually overcome Already the business of the nation nallon Is beginning to feel teel the tho effects effect of this betterment Inasmuch In Inasmuch Inasmuch In- In as s Salt Snit Lake has fared more fortunately fortunate than most other localities In the country countr luring during the recent de depression depression de- de It Is II reasonable to n assume ume that this city will be among the first to benefit benefit benent bene bene- fit nt from the rejuvenation I am seriously seri merl- confident and openly frank In a statement of my own judgment judgment- when I reiterate that th there never neer was a D. better better better bet bet- ter timo In history than now to Invest In Salt Lake real estate