Q. What are
some mistakes I should avoid when I invest in real estate?
A. Even smart investors make mistakes. Here are three common
mistakes and what you should do instead:
· Not Doing
Your Homework. Evaluate your financial situation and
understand the right numbers to calculate.
Learn the basics about cash flow, appreciation, and loan
amortization.
· Not finding
the right property. Do a thorough search, including “off MLS”
deals and best buys, to find the right property for you. Work with a REALTOR®
who is an Investor
Specialist. He or she can help find a good investment property.
· Failing to
get a professional inspection. You need to know if there have been problems
with the property and that they’ve been properly addressed.
To
learn more about owning investment property, call and ask for my Free Consumer
Report called “How To Avoid 8 Dumb Mistakes Even Smart Investors Make.” I’ll be glad to send a copy right to
you.
Do you have a real estate question you want answered? Feel free to call/text me at (402) 881-0758 or email me at dan.nord58@gmail.com.
Do you have a real estate question you want answered? Feel free to call/text me at (402) 881-0758 or email me at dan.nord58@gmail.com.
No comments:
Post a Comment