Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1893-01-29
WOMEN AS INVESTORS.
Buying Real EatRto aud doing Into Debt
forIt--How some Women Grow
Rich-Thoir Methods.

(Sccoud papcrD
Last week the article which preceded
this said that there was 20 way out for
woman threatened with poverty us
the Interest ON her Investments stead
lis declines That way uut is in rN.
chnugiug places with the people 10
whom she has lent her money, aud hr.
coming herself borrower Ina ull
likelihood the loan she granted, say ten
years ago at . per cent, has, dur
ing the interval, enabled the man Who
used 10 10 obtain 10 per cent? ur more,
ON his own captu Tho one source
Of income which In the man steadily
tends 60 rise is put Villages, towns
and cities grow In populations, farms
become sites for suburbs, ana cheap
steam aud electric transit every day
widen the areas over which homes are
scattered. Even the abandoned farms
n New England we used to hear
$50 much about are beginning 10 De IN
demand ~ summer retreats Tor city
folk la country districts, with COM
parntiYcly few exceptions, real eS-
rate is stcadily advancing in price, for
soon all the land available for settlers
will be- under the plough ANA then we
shall see even the sandy ANA stony
stretches Of the Eastern states quoted
at higher figures Every year more
than a million souls are added 10 tho
population of the United States; not
as an acre by way of endowment. The
hearing of all of this has been understood
by some of the shrrWdrsi men IN
America, who have mude large tOr.
tunes by buying real estate ana going
Into debt for it. On smaller scale the
same opportunity is Opvu 10 every
woman with little capital or much, aud
Ia sections of the country, Too, whore
bOOms ara unknown. A widow no
Newark received In lAsl as insurance on
her husbands life the sum of $4,000.
Sht invested $1,000 ul 70 bon row OF
dwellings, borrowing am equal sum at
. per cent. The first year her lu'
yestmeut yielded her Sa2S, more than
. per cont. This year through she
rise In rents, her net Increase
is $50 per month, II IL per
cent We're her mortgage to
fan due today she could renew II az
Hn annual saving " $40. N
is as plain az arithmetic can make IL
that where rents rise while the rate Of
interest ON borrowed money Fails tliq
difference, the net income 60 tho read
estate owner, Is steadily increasing
amount.
When woman who n simply n lend.
or * pointed 10 such ease as that of
the Newark Investor aud advised, eco
aud DO likewise" the reply h apt TO
bee. "Ol but I'm 10 afraid OF debt" II
debt rs incurred on property worth
uOuble inf Dent properly yWiliuR as
rent treble the interest charge, what
Is there IA feari The real difficulty
here rs that the poor woman has per.
mitted her life To pass in utter inntten.
ton 90 business affairs, and therefore
~ Obliged 10 f0reg0 the rewardA famed
by her bettcr-infOrined sisters Ia
buying and managing real estate,
learning comes by doing. Experience
points the way 10 success, md in no
other path Of activity can woman 81
small means 40 pleasantly and indie.
pendently add 10 her income.
BUYING REAL ESTATE.
Ia buying real estate Il N well not 10
Boz in a hurry and 10 bear in mind that
second-rate property pays better thun
FIRST rate. tenements and dwellings for
mechanics better then self-cOntnined
houses. and that residences standing IA
their grounds ARE apart from the pos
sible increase IN the value Of the land.
as q rule poor investments In buying
houses the aFst desidefatum Is that
they occupy a Wholesome site and that
the drainage IL gDod; neat. that the
house be- new or nearly new, the plan.
ming aud tttinEa VIII b. morn attractive
than iu old buiidiula. aud Tor years com