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Investing real estate tips

jeffreyfrog's picture

The best tip I can give you is to be knowledgeable about real estate investing. Listening to the guru's on TV, buying their program does not make you a real estate investor.

I would suggest that you go to the book store and purchase several books on buying, flipping and selling as well as other books on how to purchase distressed property.

One of the things I would not depend on is a real estate agent,. most of them are if you don't have 10% down with a 720 credit score and a pre-approval form in your hand, don't even want to talk to you, so I would pass on the real estate agent, you will eventually meet one through trial and error,mostly error.

I you do not have enough money to invest in real estate you will need several if not more investors to assist you in being successful.

Next thing is you have to put together a professional team to assist you with your endeavor to become a real estate investor, someone are Notary public, Title Rep, Escrow closing agent, attorney, home insurance agent and others that might be added later as you become better known.

I hope this has been of some use to you, good luck.
appraisals

stealth's picture

stealth said best thing is always to look ...

best thing is always to look at the ground conditions than these advertisements or books

 

marycatherine's picture

marycatherine said My best tip, don't buy in a ...

My best tip, don't buy in a country where you can't get citizenship. That means the GCC and a number of other countries. Yes you can get residency, but that's not the same as citizenship. Residency can be rescinded at the whim of the current government without recourse and without reason.

Signature line > "You can't fix stupid"

 

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