Archive for November 19th, 2007
Real Estate Investing Contingencies
Monday, November 19th, 2007Your attorney will be able to advise you about contingencies. Contingencies are provisions within a contract that give you recourse to cancel the deal in the event of unforeseen circumstances. A few examples of typical contingency statements include loan contingencies and due diligence contingencies. These are critical and [...]
You Need to Start Small, Big Deals Are Too Risky (Real Estate Investment Myth)
Monday, November 19th, 2007There is nothing wrong with starting small. Perhaps you’re thinking about buying a $250,000 single-family home and making it a rental property. Or even a $320,000 duplex. But why rule out a $2 million, fifty-unit building? Believe it or not, any of these properties are within your reach.
Of course right [...]
You Have to Know a Lot About Real Estate (Real Estate Investment Myth)
Monday, November 19th, 2007This myth holds people back every single day. They feel they have to already be experts in a field in order to be successful, whether it is real estate or stock investing or dry cleaning! First of all, success is a journey, it’s not a destination, and all successful people start [...]
Knowing Your Location, Real Estate Investment
Monday, November 19th, 2007Location is the most important thing when it comes to real estate, at least that’s what everyone says. And I agree. But to me, locations have to be evaluated not based on geography alone, but based on how they measure up in relation to supply and demand. After a location has met [...]
