Comments on: Why You Need To Become a Real Estate Investor http://www.thesunsfinancialdiary.com/personal-finance/real-estate-investor/ Fri, 03 Feb 2012 17:42:24 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Bryan Ellishttp://www.thesunsfinancialdiary.com/personal-finance/real-estate-investor/#comment-58887 Bryan Ellis Thu, 28 May 2009 20:42:48 +0000 http://www.thesunsfinancialdiary.com/?p=3991#comment-58887 Learning the different strategies of real estate will help you in so many other aspects of business. The networking alone is worth 3 times it's weight in gold and you can use that skill to grow any venture. There is a great deal of free information out there to help you learn real estate, and you can attend investor luncheons in your local area and get a feel for what is going on and start meeting people. Learning the different strategies of real estate will help you in so many other aspects of business. The networking alone is worth 3 times it’s weight in gold and you can use that skill to grow any venture.
There is a great deal of free information out there to help you learn real estate, and you can attend investor luncheons in your local area and get a feel for what is going on and start meeting people.

]]> By: Paul Beaucheminhttp://www.thesunsfinancialdiary.com/personal-finance/real-estate-investor/#comment-58274 Paul Beauchemin Thu, 21 May 2009 13:33:41 +0000 http://www.thesunsfinancialdiary.com/?p=3991#comment-58274 Some thoughts: - a vacation property is not a real estate investment - it's a luxury, don't expect it to make a profit - trying to time the market to make profit from appreciation is a fools game - invest for cash flow. If a property won't cash flow, don't buy it - real estate is a very localized phenomenom. Some areas are so overbuilt that it will take years for values to get back in line with historical trends. But there are plenty of areas where demand for rentals is high and banks are willing to part with houses just to get them off their books - I agree with the author that real estate investing does take a lot of specialized knowledge. But it is not that difficult to master. Take it slow and don't fall for the get rich quick guru's Some thoughts:
- a vacation property is not a real estate investment – it’s a luxury, don’t expect it to make a profit
- trying to time the market to make profit from appreciation is a fools game – invest for cash flow. If a property won’t cash flow, don’t buy it
- real estate is a very localized phenomenom. Some areas are so overbuilt that it will take years for values to get back in line with historical trends. But there are plenty of areas where demand for rentals is high and banks are willing to part with houses just to get them off their books
- I agree with the author that real estate investing does take a lot of specialized knowledge. But it is not that difficult to master. Take it slow and don’t fall for the get rich quick guru’s

]]> By: Nancyhttp://www.thesunsfinancialdiary.com/personal-finance/real-estate-investor/#comment-57833 Nancy Sat, 16 May 2009 16:49:09 +0000 http://www.thesunsfinancialdiary.com/?p=3991#comment-57833 Absolutely true, and prices have never been better.However, if your present state is more along the lines of a $25 investment rather than a $25k investment, you might look into forex robots. They operate, like Spock, 24/7 without the emotions that are often the downfall of a good investment strategy.Foreign exchange markets are still running well and a great investment platform. People will always be using money! Absolutely true, and prices have never been better.

However, if your present state is more along the lines of a $25 investment rather than a $25k investment, you might look into forex robots. They operate, like Spock, 24/7 without the emotions that are often the downfall of a good investment strategy.

Foreign exchange markets are still running well and a great investment platform. People will always be using money!

]]> By: MoneyEnergyhttp://www.thesunsfinancialdiary.com/personal-finance/real-estate-investor/#comment-57768 MoneyEnergy Fri, 15 May 2009 20:30:33 +0000 http://www.thesunsfinancialdiary.com/?p=3991#comment-57768 I definitely agree that RE investing is a key tool for financial freedom. It's possible to become financially free without it, eg., if you have a successful business, for example, but with RE you can do it much faster. And I don't believe that was a truism just for the recent bubble. That said, I have a relative who still can't sell her vacation property and so they're still carrying two mortgages and it's really taking its toll. So you need to be careful and prepared. I definitely agree that RE investing is a key tool for financial freedom. It’s possible to become financially free without it, eg., if you have a successful business, for example, but with RE you can do it much faster. And I don’t believe that was a truism just for the recent bubble. That said, I have a relative who still can’t sell her vacation property and so they’re still carrying two mortgages and it’s really taking its toll. So you need to be careful and prepared.

]]>