Author Login | Popular Articles | RSS Feeds | Sitemap

Home | Finance | Real-estate


Rules for Successful Real Estate Investing.

By: Nela Odarijew

The first thing to learn is the difference between â€oeinvesting” and â€oespeculating”.

Investors ask the tough questions of everyone involved, Realtors , Vendors, Bankers , Mortgage Brokers, and gather all the information they can about a property and then make an informed decision .

Speculators , guess at what is going to happen. Some are very lucky and do well, others go broke very fast .. Go with fact before fiction.

Real estate investing has some basic fundamentals :

1- Know if the renters are willing to continue renting a building after a change of ownership .

2- Know if the economics of the area and the neighbourhood are primed for long term growth .

3- Know if the property can be rezone to fit any plans for commercial development you might have for the future .

4- Know DON'T assume that the income from this investment will cover all expenses on a property and turn a profit.

Remember this is important â€oe Facts not Emotionsâ€oe make for good business decisions . Never lose sight of the fact that when it comes to investing money you â€oeneedâ€oe cold hard facts, to make cold hard â€oeCashâ€oe.

Let's not fool ourselves we are here to make money .....

Find a proven system that will work for you, something you are comfortable to work with that will keep you on the straight and narrow path to your goal. This system should keep you asking the hard questions, and ultimately remove all emotion from buying and selling property ..

You do not want to be gambling on property. You want to be making realist decisions that prove out in the form of turning your knowledge into Cash .

Fear is the greatest logistical that you will encounter, Analysis paralysis is an investment killer . You will get over it once you have a proven system you can trust ..

Get the facts and when a question comes to your mind and you feel fear creeping in stop, write the question down look at it then scratch it out and and find a way to answer that question in a way that you can find a solution in the answer to the question ..

Remember you are now a problem solver ;

Here is a little story that is so true , my Grandmother moved to a farm after she was married and the cloths line was behind the house, going around the corner of the house was a rock it seemed like a big rock and every wash day she managed to trip over it .. She asked my Grandfather to dig the rock out and he always promised he would .. Years went by and the rock remained, After my Grandfather died and I was a young boy of maybe 12 my Grandmother asked me if I would give her a hand to dig up this rock, Now here is the funny part it took a 12 yr. Old kid and an 80 Yr. Women a half an hour to dig up this rock that had plagued her for years and fill in the hole .. It looked like a lot of work but the reality was it was a large flat stone that was in the way ..

Moral of the story” If the problem looks big, dig around and see how big it really is .. It might just be a flat stone nobody tried to move ..

Article Source: http://www.articlesnatch.com

About the Author:
Out of all the investments I have done over the years, Real Estate has brought me the greatest returns. I started with just one house and rehabbed it and sold it for a great profit. Now many houses later and real estate values have just continued to rise. Visit my site for your free report on how you can profit from this Real Estate Boom. Get Free Report Now!

| Print | Ezine Ready | |

Recent Real-Estate Articles

  • 7 Reasons To Live In Fayetteville NC By: Samuel Huntington - 1 - Fayetteville, NC is publicly dedicated to doing everything they can to support the military servicemen/women and their families that enjoy life within their bounds. Fayetteville has a very strong military heritage of which they are very proud. Not being willing to rest on the past, Fayetteville is a town dedicated to supporting the troops that live there today.
  • Steps to Becoming a Homeowner By: Karrie Rose - So you've considered buying your own home. You have the down payment, and a decent job. Sounds great - what's holding you back? With most people, fear of the unknown keeps them from taking the first steps toward home ownership. Here are the basic things you need to know about buying a house – you'll find it's not nearly as scary as you may have thought.
  • Finding the Perfect Property to Rent or Buy By: Graeme Coyne - Anyone who has ever house hunted will be familiar with the feeling of entering a property and just knowing that it is the perfect home for you; the feeling that this is 'the one'. Even though instinct is an important contributing factor in a purchase decision, it's vital to try and remain objective in terms of the area in which the property is located.
  • Phuket Property | Property Phuket | Property in Phuket By: Sanjeev Sharma - Jumeirah construction has earned fame and reputation of being singular of its kind to have raised magnificent masterpieces. After the long-lasting success in Dubai, Thailand property has been taken care of by jumeirah. Property in phuket and other private islands as a whole have been built under sole supervision of jumeirah construction.
  • The Forecasts Of Famous Experts In Area Of Real Estate Market By: Mathew Petrenko - For a huge amount of people nowadays it is not so simple to buy apartments kiev, but there is an opportunity to rent some that is quite reasonable. Such operations are performed quite frequently these days, so that is not a complexity to find apartment on definite amount of money.
  • Book Moving Truck Rentals On Line By: Gnubas - This piece of writing about moving truck rentals will take an amateur's sight at this entertaining subject. It will give you the information that you need to know most when it comes to what you need when you are moving. Taking up a new residence is really an exciting time.
  • How to fix the mortgage business By: D.C. Fawcett - Mortgage is the term used to mean an agreement which allows someone to borrow money from a bank or organization in order to buy his needs. The mortgage is a security for the loan that a lender provides the borrower. So to start a mortgage business you have to take initiative so that the borrowers can be assured to lend money.
  • Holiday Gifts for Homeowners Who Have Everything By: Karrie Rose - Gifts For the Cook in the House Create a Personalized Cookbook: For as low as $19.95 at TasteBook.com you can create a personalized cookbook. Select from among hundreds of recipes, add personal dedications, photos and even your own recipes to create a custom cookbook. It gets packaged up in an expandable binder with full color images and even includes free gift wrapping.
  • Home Sale Safety: Protect Your Home, Your Agent and Yourself By: Ted Guarnero - Selling your home requires that you open your house to strangers and allow them access to areas that would normally only be open to trusted friends and family. Unfortunately, we can't trust everyone, even those who "look okay". Securing your home and property against crime is a good step to take, especially when you are allowing people you don't know to come inside.
  • BUILD WITH A GOOD TASTE IN MUSIC By: Compete Infotech - You never would like to cut down the old-tree in which you are staying. Sounds amazing aren’t it? – No, it isn’t dear. It’s always something really special. Here, I am talking about the exclusive buildings that you habitat in the lap of nature. The builders now come up with some unique ideas as far as their UAE property is concerned.

Search Ebay

Still can't find what you are looking for? Search for it!


Submit Your link to the Open Link Directory Project

Copyright 2005-2008 MJE Sales, LLC. All Rights Reserved.
Proud member of the ArticleCkr Search Network Search Network!
ArticleSnatch.com is free for both publishers and authors to use and is supported entirely from advertising revenue.
Use of our service is protected by our Privacy Policy and Terms of Service.