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Common Mistakes Real Estate Investing Novices Make

by Daniel Mc Grey on Nov 5, 2009

Real estate investing is becoming more popular nowadays despite therecession. Investors are snapping up properties in hope of selling themfor a higher amount in the future. Even those who have day jobs aretrying wholesaling and flipping houses. After all, television showsmade it appear fun and simple, not to mention, very profitable. Novices in the real estate investing world though should be wary. Thereare some mistakes you must avoid as they could give you a bad start inthe business. Worse, they could force you to quit and give up yourdream of making a fortune through wholesaling and flipping houses . The first costly mistake is not doing your homework. If your Mathteacher in third grade forgave you for not completing your assignmentbecause you had fever, real estate investment isn’t as compassionate. Alot of novices, spurred and inspired by how easy television shows makeinvesting appear easy, jump into the pit without arming themselves withthe right knowledge. As one...Read More >>



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Surviving in the Real Estate Investing Business

by Daniel Mc Grey

Contrary to various media reports, real estate investing remains asone of the best ways to make a living. Although many news organizationsare placing the current housing market in a bad light, many investorsare still making big profits by buying and selling properties. In fact,government data showed that home sales have shown remarkable recoveryin recent months. Real estate investing is basically the purchase, ownership, management,and rental of real estate properties for profit. While some investorsearn money by buying and reselling properties, there are some who buydilapidated homes...

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