The real estate market is steadily improving and confidence in the market is at a 7 year high. So does this mean that you should invest in real estate and start purchasing some rental properties? That’s a question that requires SELF analysis, rather than MARKET analysis.
Simple Ways to Invest in Real Estate starts with ELBOW GREASE. That’s right – roll up your sleeves and get dirty. Buy a house that you can afford, and do the work yourself to get it rental ready.
When you buy a neglected home in any community and rebuild it, you’ve increased the value of every home on the immediate block, as well as the homes in the community. You’ll also find that one neglected home will have a negative psychological effect on everyone in the view of the house. Homes go up for sale, lawns don’t get mowed as frequently as they should and …
After you’ve gotten your rental home ready for occupancy, you’ll think you’re ready to market it. However, the very next thing you need to do BEFORE you begin marketing your rental property….