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Step 1 to begin investing in Real Estate

When you choose to invest in real estate it is critcle that you first formulate your goals. In order to create your real estate game plan you need to have planned objectives.

Real Estate offers potential appreciation, monthly and sometimes weekly cashflow, great tax advantages and my favorite, the ability to use other peoples money for my investments. Step 1 to begin investing in Real Estate is to answer these 10 questions.

 


Everyone seems to be catching on!

When I visit with local REALTORS who work with investors or with the investors themselves everyone is on the same page. This is a fantastic time to buy real estate. I have many investors who are pre-approved just searching for their next aquisition. This past Saturday I turned on the television in the afternoon and I saw an infomercial saying the same thing. The infomercial was done by Dean Graziosi. I guess he has been on telivision for years but this is the first I heard of him. Don't spend alot of time watching TV. Anyway,this is a Great time to buy real estate!


Now it's time to turn the media hysteria to your advantage!

The general media has invested so much ink and air time into perpetuating the notion of a housing bubble that it's now time to turn that to your potential advantage.  Just a short while ago, any buyer had to brave the  auction style feeding frenzy, lick an envelope, submit their "sealed bid" cross their fingers and hope that their 5% over the asking price offer was enough to do it against the dozen or so other interested parties.  No doubt that makes for happy sellers.  However, since we all need a place to live, don't just about all sellers turn right around a


How much money should I put down when buying a home?

In almost every situation I'd tell you to put down as little as possible. There are always exceptions to the rule.  But let me run some numbers from one of my home purchases.


Should I buy or rent until the real estate market rebounds

I'm a buyer and I'll tell you why.  The average annual rate of appreciation for homes in the United States is 6.23%, going back over 40 years.