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Entries from February 2009

Mistake # 5- Not Being Involved Enough

February 26th, 2009 · No Comments · Uncategorized

It might seem like all you really need to do in order to be a successful real estate investor is to provide the money for a property and wait until it sells or is rented and collect the profit. But there is much more to being a successful investor than just doling out money.

A [...]

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Mistake #4 – Trusting Other People’s Facts and Figures

February 26th, 2009 · 1 Comment · Uncategorized

You’ve probably heard of the term due diligence. If you have been trying to get into real estate investing then you know how important due diligence is when you’re buying a property. Due diligence can mean the difference between a great deal on a property or getting suckered into investing in a property that will [...]

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Mistake #2 – Trying to Force a Flip

February 25th, 2009 · No Comments · Real Estate Tips

A lot of new real estate investors think that they can flip any house that they buy and don’t take the time to really look at the property and think about what type of situation is the best for the property. Instead they try to force a flip on a property that might be better [...]

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Mistake # 3 – Not Having Enough Reserve Money and Underestimating Costs

February 25th, 2009 · No Comments · Uncategorized

Almost all new real estate investors underestimate what their costs will be for a real estate investment property and don’t have enough reserve cash set aside to meet those costs. It doesn’t matter whether you’re trying to flip a house or fix up a rental you need to have more money than you think set [...]

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Mistake # 1 – Being Desperate for a Deal

February 25th, 2009 · No Comments · Real Estate Tips, Uncategorized

Whenever a new real estate investor jumps into real estate investing it’s natural to want to get that first deal and find out what real estate investing is really like. Most new investors are full of excitement and enthusiasm and really want to get into the ring and prove they know how to rack up [...]

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The 9 Most Common Real Estate Investing Mistakes and How to Avoid Them

February 19th, 2009 · No Comments · Uncategorized

Real Estate is define as a Land and all physical property on, below or attached to the land. Houses, sewers, trees and fences are all real estate or One who receives a commission or fee for bringing buyer and seller together and often assisting in the negotiation of contracts between them. In most states a [...]

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What Is Real Estate Flipping?

February 2nd, 2009 · 2 Comments · Uncategorized

You have probably heard the term “real estate flipping” but did not know what it mean. Real estate flipping refers to when you purchase a home and only hold it for a short period of time and then turn around and sell it. As the prices of the homes in the United States have stabilized [...]

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