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Archive for November 27th, 2007

Putting Real Estate in Perspective

Tuesday, November 27th, 2007

Although investment real estate is owned by many people who have no formal business education, it is a truly serious business.
Jobs produced by housing construction and real estate-related manufacturing and retail sales form an essential component of our economy. The financial benefits of new home construction and the [...]

Building your Property Investment Business: The Myths and the Magic

Tuesday, November 27th, 2007

In every business and every industry there are people who just seem to drip with success. They seem to know all the right people, make all the right decisions, be in all the right places at exactly the right time. They seem destined for success whether they even try or [...]

You Want to Do It but Don’t Really Have the Time, Investing Myth

Tuesday, November 27th, 2007

This really comes down to choices and priorities. There is always time to do the things we need to do like go to work every day, mow the lawn, feed the dog. Often there isn’t time to do the things we really want to do. Learn to speak a second language, build [...]

You Have to Know Somebody to Get Going in This Business, Invest Myth

Tuesday, November 27th, 2007

While knowing a few key people such as a real estate agent, an attorney or a banker may save you some time, you don’t need to know anyone even remotely connected with investment real estate to get started. And you’ll find that the goals you set for yourself will [...]

Some People Just Have the Midas Touch, Invest Myth

Tuesday, November 27th, 2007

It is easy to think that people who are successful investing in real estate have some sort of Midas Touch. But there is no such thing. They are just people who see opportunities and know how to make them real and profitable.
Take any ten-acre piece of land. Let’s say this [...]

How To Minimize Risk And Maximize Profit

Tuesday, November 27th, 2007

There is really only one question that should govern the decision to acquire a particular real estate investment: What is the probability of earning a certain profit in a given time period?
All the details of analysis and market research work toward accurately answering this question. Of course, there are many [...]