
If you are BRAND NEW to real-estate investing or an expert in the game, it’s critical that you realize these 7 Simple Steps to real-estate investing.
First things first…
o Real Estate is NOT a get rich quick scheme. However, if you learn the foundations and put them into practice, you could make plenty of money to realize any and all your dreams and goals. real estate agent in edmondson park
o The actual estate bubble is not likely to burst! The actual estate market will, however, shift and the real estate market will change – just as it always has! What’s “hot” now may turn ice cold within the next 3 years (or possibly even 3 months). But, there are ways to “bubble proof” your real-estate investments. It’s actually quite simple.
Did you know that in the United States, in 1975, the median home price was $33,300? In 2005, the median home price was $195,000. Historically, the average home doubled every 7 years. If you do the math, it ought to be well over $200,000.
OK… Now, having said that… The actual estate market WILL change and what is “working” today in real-estate might not in the future… The rental market was strong a decade ago, but has been soft in recent years. We’re getting ready for a turn once again.