That’s a loaded question!
It frustrates me that the media and business opportunities make investing in real estate seem so easy and achievable for anyone with 500 bucks to their name. Investing in real estate is not something that should be taken lightly or jump into feet-first on a whim. Think about it, you could be taking your life savings and your credit on a chance to possibly make some money. I’m not trying to discourage you, however, my point is you should not do this lightly.
Yes, I am suggesting THINKING! Sounds simple, but so often new investors are so focused on the end game, the profit potential, the dollar signs… that they don’t stop to think through all the factors of making a big decision.
Another mistake I have seen new investors make is taking others word for it without doing their own research. Take time and do the work to be informed about every piece of information about the investment property that you can get your hands on. It’s not possible to learn everything but use available tools – like the INTERNET to know enough to make an informed decision.
You’re probably thinking why do I have a real estate blog about investing in real estate if I’m going to discourage people to do it, right? Well, I actually started this blog to educate people and encourage them to invest in real estate the right way. So I hope you’ll continue along this journey with me, read my blog posts where I share my knowledge of the real estate market, as well as some local Tampa real estate info and happenings since that’s my home community. If you like what you read, please subscribe to my email list so you’ll be notified of new posts delivered right to your inbox. I always encourage comments and questions for each post, so please any feedback is appreciated! I do not claim to be an expert in every area of real estate and finance, so if you have a specialty and you have something you would like to contribute to one of these topics, please comment below with your thoughts! Or better yet if you’d like to post on this blog please contact me!
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! See you inside – I can’t wait to start working with you! We’re better together!