Austin Luxury Homes

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Buyers continue to have the upper hand, which means you’ll have to play it smart. Your first move? Avoiding these common pitfalls.
1. Thinking your home is the exception:It’s natural to be emotionally attached to your home, especially if you’ve lived there a long time. But allowing this affection to obscure the realities of today’s real-estate [...]

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Lots of new real estate investors make the mistake of quitting their jobs as soon as they decide to start investing, or even before they make their first investment deal. That is a huge mistake. Experienced real estate investors will tell you that you need to keep your job at least until you have done [...]

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Probably the single most common mistake that new real estate investors make when they buy a home to turn it into a rental property is expecting that the home will always be rented when they figure out how to cover their costs. You should never expect that you will always have the rent from a [...]

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Nothing can make an investment deal go wrong like relying on information that turns out to be incorrect or misguided. Unfortunately, many new real estate investors take the word of other people when it comes to things like getting the proper permits for construction, or getting an assessment of the condition of the house, or [...]

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When you first get into real estate investing it might seem like it’s not that hard and that you can do fine on your own. But just like with any other business when you are first getting started it’s important to network and make contacts with other people that have more experience in that industry. [...]

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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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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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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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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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