REGroupCA

1. Do not overanalyze. You may lose a lot of great opportunities to make great deal of money. Start making offers!


2. Get the property under a contract first with a safety clause.
3. Ask fellow investors, real estate broker about the property value. If it makes sense go ahead with the purchase.

4. If you are buying for a quick flip neighborhoods do not matter. What matters is the $$$ you are going to make.

5. Your perfect buy should be a house/condo/building in excellent condition and in a good neighborhood.

6. Your Second choice should be a cosmetic fixer in a good neighborhood.

7. Inspect the property. Try to get as many things fixed by the seller as possible. Check the neighborhood. Drive around the block. Look at the houses in the neighborhood, what is their condition. Look at the cars parked in the street. Old cars normally can tell you a lot about the neighborhood. Trash on the sidewalks can spell less than great neighborhood. Which in turns means you should buy and sell quickly (most of the time). Renting in those neighborhood could be challenging, especially for the new investor.

8. Use a real estate agent or broker. My first great deal was found by a broker. Try to get access to the MLS so you can look for deals yourself.

9. Shop around for Financing. My experiences with the loan officers tells me one thing. Email them your questions and ask them to email you back their answers or put them on paper. They tend to always change terms and rates (though illegal), and put junk charges.

10. Try to reduce your Title/Escrow charges review them with an experienced investor or real estate agent.
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hayoomaa

its really 10 golden tips
and real estate agent or broker is most and best ways to make deals
i hope every one use it

James000

All tips are good and very useful for all who are planning or invested in real estate.

Adria.John

Well, its good for those who have knowledge and experience in this market. Otherwise this investment can block your money as if the property location is bad.

Another important element that you need to check on is the viability of the owner and his house documents. Make sure that he owns the house in reality and also read the documents yourself before closing the deal trusting everyone around you. Everything should be available in written form and if the owner denies signing the agreement at any point in time then this means he is not the real person. Never sign any contract or agreement without reading it thoroughly. So stay cautious at every step of the agreement.

vik88

I can't fully agree with the first tip, as you will never overanalyse, I guess this process should never end, i=even if you have rich experience in this or that sphere

all13

I will keep you tips in my mind when I invest money in real estate business.

seoindia21

Wow! thats great tips, I will use them too when i would invest money in property.

AdamWhite

Very nice tips here. Having your online information safe is very important these days as many people will try and steal them. real estate is best way to investing money.

cherry14

Hello Friends..........

Great Tips.Thanks for sharing this tips with all of us.Keep sharing more tips in the future.I hope this tips will help many more like me.

Have a nice time ahead.

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