#21
|
|||
|
|||
Re: Thinking of going into real estate
Investing in Duplexes, Triplexes, and Quads: The Fastest and Safest Way to Real Estate Wealth by Larry B. Loftis
I highly recommend this book; the book is written by an American; and the tax law is different here obviously- but still very worth reading |
#22
|
|||
|
|||
Re: Thinking of going into real estate
What country?
|
#23
|
|||
|
|||
Re: Thinking of going into real estate
Thanks for all the replies.
I am wondering won't it be much harder now to get started because the increased difficulty in getting loans/investments? |
#24
|
|||
|
|||
Re: Thinking of going into real estate
holland
|
#25
|
|||
|
|||
Re: Thinking of going into real estate
OP,
You should probably start small if you thinking of getting into this. Make sure its for you before sinking $1mil into an apt. complex. |
#26
|
|||
|
|||
Re: Thinking of going into real estate
invest in ghetto = high margins, high headaches
invest in primo = lower margins, fewer headaches YMMV tritate your investment to your tolerance as indicated above. |
#27
|
|||
|
|||
Re: Thinking of going into real estate
[ QUOTE ]
invest in ghetto = high margins, high headaches invest in primo = lower margins, fewer headaches YMMV tritate your investment to your tolerance as indicated above. [/ QUOTE ] So what you're saying is that as long as I can take the stress the ghetto is the place to be? Sorry OP for hijacking [img]/images/graemlins/smile.gif[/img] |
#28
|
|||
|
|||
Re: Thinking of going into real estate
[ QUOTE ]
Thanks for all the replies. I am wondering won't it be much harder now to get started because the increased difficulty in getting loans/investments? [/ QUOTE ] No, don't let that noise get in the way of investing in real estate. Money follows a good deal. You find a good deal and the money will show up at your door. Don't let up / down markets get in the way of investing in real estate. What I am doing right now is waiting for the market to tank to the bottom and I am going to go on a massive buying spree of real estate. People will always need a place to live. |
#29
|
|||
|
|||
Re: Thinking of going into real estate
I've been saving up cash for real estate purchases.
I can't freaking wait until it crashes rock bottom. I savor the day all those sellers come to me begging for me to take their houses, the same sellers today that are so anal retentive about their unrealistic prices. I can't wait. |
#30
|
|||
|
|||
Re: Thinking of going into real estate
[ QUOTE ]
invest in ghetto = high margins, high headaches invest in primo = lower margins, fewer headaches YMMV tritate your investment to your tolerance as indicated above. [/ QUOTE ] Many would argue that "better" areas appreciate faster and renting in "renting" in ghetto areas requires much more... tenant maintenance. This issue is discussed further in the book I linked earlier. |
Thread Tools | |
Display Modes | |
|
|