Though there are those who have made "quick riches" in real estate investing, before you start investing in real estate, be sure you've done your homework. It can be quite profitable, but the knowledge you'll need covers a lot of territory.
Evaluation of Property - It's Your Goals as Well As Math
Consider your abilities, as well as time to invest in managing your properties. Then learn the evaluation techniques to determine the suitability of a property for your purposes. Finally, get the calculation tools necessary to determine the financial viability of a property and compare them.
Understand the Ways to Profit from Real Estate Investment
Cash flow is an important factor in selecting a real estate investment, but there are other benefits to owning real estate as an investment that can impact your selection of properties. Learn them and profit can follow.
Be Careful with Leverage - Know the Pitfalls
Buying property with little or no down payment can sound quite wonderful, but there are major pitfalls to this strategy. Though it can have a place in your real estate investing arsenal, make sure you understand the risks.
The Mortgage Type is a Major Factor in Profitability
Understanding the types of mortgages available and the benefits of each as well as the risks is critical to your real estate investor success. Learn about many options here.
Should You Be a Landlord? - Managing a Rental Property
Assess your temperment, time to invest and your abilities before making the committment to being a landlord. Learn what it takes in time and abilities, how to manage repairs, select tenants, set rents and more.