It is good to invest on real estate?
The question is always followed by lots of money answers. I hate to say that Real Estate is the most profitable businesses, the business property selling on earth where the investor can play as the main actor and enjoy the success as the work is done correctly.
You can have your own opinions, but what it concerns about real estate investing on properties to fix, increase and sell as soon thee properties worth more money, it is my specialty. Remember, LOCATION is king and therefore, what good it does to make a good deal at front, if at the end of the deal when selling it there is a lost piece of the pie.
This only means, real and dig information, pay for more information, ask questions to real estate realtors around the area where you are planning to invest your capital money.
If you are buying a home over the hill and the mountain is falling in a few months, years, then you better throw your dollars to the garbage because there is going anyways. My advise is that you to hold on with your money and let it go until you are complete sure of what you are investing is correct now and later.
Get training and receive classes on how to operate the business, learn the mortgage calculator, bank financing rates, loan and monthly payments with interest rates, mortgage interest rates calculator and etc.
I want you to live a success business everyday, so you can send your kids to school and college and buy your new car and house, living free of debt with no mortgage or credit card bills to pay.
Any suggestions are welcome, hope they will be nice and constructive.
Answers (4)
I guess it is a big money maker business, because I know a billionaire who has a business on real state, building hotels and mansions worldwide. I think everybody know this guy, he lives in United States and lies all the times. Poor guy, now when he loses the election, he will go home unemployed. Give me a break please.
Real estate made lots of rich Americans so far. Investors must be a small investing person, they need to put all the business parts together before going for a real state target. There are a lot of good books that people can read as a enrichment and well being, actions that can save them lots of money. remember, smart people never lose their money in a business venture.
Yes, i will love to buy a property with several apartments and rent them out to people, then i want to purchase a log country cabin for to go vacations with my family and practice fishing at a near by river. That;'s good to me and for my money i earned during the long hours working at the clinic veterinarian.
My recommendation as an elderly person is that people who work and save money at certain point they should invest in real estate. It is not the only investment option that I recommend, I'm also recommending mutual funds with a good company paying good interest rates for your money or the funds allows you as an investor to start spreading your investment among many companies and see profits soon . but again, if you aren't sure how to do your investments, then calling an expert (check credentials first) will help a lot on making the right business in the United States.
Comments
I'm almost ready to start looking for a new house to buy, I have saved little bit over a hundred thousand Dollar to put as down payment. I'm very exited, maybe i will buy it in South Florida.
I agree, real estate investments is is indeed the best way to find a job on the investing business to increase profits and have lots of money for your retirement season in the future.
Real estate is by consumers magazine, the top investing chosen by the majority of Americans. People consider to spend their savings on a house, a country cabin, an apartment and even a lot of land to build later, because they trust on real estate, it has a great return when investing individuals do it on a property that has a great location and chance to getting appraised the best.
I want to buy a new house in South Florida if the down payment is low of-course.
This a good matter to talk about online. How people invest small amount of money? and how those people make lots of profits? The answer is on books for realtors to read.
I know a lot of people who made their way up on financial and stablished business by selling their homes and from their expected profits, they invested again on a forclosure house. Then they fixed it and sold it for more money of the total investing cost. Again, these facts mean that foreclosure homes well managed are a potential golden treasure for a hardworker realtor and builder. I want a house to live in and always will need shelter, and I don't care about becoming rich with real estate. Even if I will love to follow up with that business.
Thank You for the advise, seriously I think you are right and I will preside this business soon. I started with the three-course meal- between potential tax breaks, monthly cash flow in the form of rent and potential appreciation. I also love to handle the calculator etc.