Good news! You can usually make money at home by owning one for yourself. Home owners enjoy security of mind with a "piece of America" unavailable to renters. With today's current mortgage rate so low and the availability of and interest only loan, a silver lining exists here for easy entry.

1. It will be all yours. As the homeowner you can hang wallpaper, paint it any color and hang pictures wherever you want without having to check with the landlord. Your ownership is secured.

2. Value. Living in a community where the neighbors are the owners, everyone will spend more time and effort to improve their property values. Therefore, the community benefits from these increases in property values and pride of ownership.

3. Equity. Every time you make a mortgage payment, you're building tangible equity in your property. As soon as you make a rental payment, the money is gone. You'll never get it back. Ownership can return huge equity investments.

4. Fight inflation. Your home is an investment that can help you keep up with inflation. Real Estate often surpasses the growth of inflation.

5. Income tax benefits. All of the interest and property taxes paid on the mortgage is tax deductible or tax deferrable. In the early years of your loan, almost your entire mortgage payment is deductible.

6. Return on improvements. When you rent, any upgrades that you make on the home you occupy gets you nothing when you relocate. A home improvement that you make as an owner will raise the value when you sell. Truly, this is one of the best money making ideas around.