As an investor in real estate, the moves you make are like chess moves not checkers. A bad mistake can cost you all of the profits that you make.This article will help you minimize the chance of making a bad mistake.
Before you begin investing, take stock of the market and do your research on properties. Look at between fifty and a hundred properties in the area of interest. Compare them using good note taking and a spread sheet. You need to be looking at how much you’ll make in rent, what kinds of repairs need to be done, and how much the current prices are. Doing this will help you get a better picture of the value of each property.
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