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Advice regarding real estate investment?

 
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karterlee



Joined: 14 Nov 2010
Posts: 43

PostPosted: Sat Jun 23, 2012 5:17 pm    Post subject: Advice regarding real estate investment? Reply with quote

Hello All,
What are some big first time mistakes that I should avoid? Most of all, How should I start out? Buying a condo or low-income housing and renting it out? Please, if you have experience or first hand knowledge about real estate investment, I would love to hear your take on it and what you would’ve done better if given a second chance.
Thanks in advance!



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MarkOsborne



Joined: 25 May 2010
Posts: 4

PostPosted: Thu Jun 28, 2012 12:36 pm    Post subject: Reply with quote

Only one thing you have to avoid and that is doing investment without a good knowledge. Always prepare yourself before investing by doing a good study about the ups and downs in market prices.
1.Decide your budget
2.Find some real estate agents
3.Improve your communication skill by contacting real estate agents
4.Select the most suitable location
5. Find home according to your budget
6.Always keep in touch with market situation
These are some tips which can be very handy for you regarding your help.
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