How to Not Lose Your Ass in Real Estate
If your are like countless millions of people that lost their ass in the real estate bomb at the turn of the century, you’re probably aren’t too eager to invest your cash in real estate. I don’t blame you – I too got tempted by the siren song of what seemed to be a never-ending appreciation storm. The bubble busted all over my rental property, and my credit report has the scars to prove it.
Fast-forward several years……you’ll see that the market has rebounded extremely well, and many of the homeowners (and investors) impacted by the bust are getting back into the market.
So, is now a good time to invest in real estate?…………….I would say, it depends on what you are trying to do.
However, regardless of what you are trying to do in real estate (flip, hold, buy primary residence), here is how you can hedge against losing your ass:
- I’m sure you’ve heard this before, but it’s true…...Your money is made on the purchase – buy low. Find a great deal on a house and negotiate a deal. “How can I find such deals?” you ask. Let me show you – fill out the form below, or comment and I’ll let you know how investors find discounted properties.
- Have multiple exit strategies. Flip, hold, or lease option. Use the right strategy for your investment.
- Create a strategy and stick to it with multiple exits and execute.
I’m in the process of building a free course for real estate investor, and I need your help with content.
What at is your number 1 question about real estate investing? Financing, finding the deals, negotiating the deal, closing the deal, etc..
Ask your question, or provide your feedback in the comments below. Fill out the form for more information on finding discounted properties.