Articles About Real Estate Broker |
Stop Parking Domain Names Develop Your Domain Names |
|||||||
Real Estate Investing – The First House Purchase
Real estate investing usually begins with the purchase of a house, rather than raw land or commercial property. The purchase of a relatively inexpensive house for rental or fix-up purpose is usually lower risk than any other type of real estate investment. And the return on investment can be quicker than from any other type of real estate investment. Even with the previous acquisition of one or more personal residences spread over past years, the thought of buying a house as a real estate investment can be intimidating. Even though a personal residence acquisition is usually identical with a real estate investing acquisition, the two are seldom envisioned as similar. True, the ramifications of real estate investing property is different. Investing in houses must involve different considerations, such as improvements, usage, and re-sale. But the actual purchase does not differ from the closing procedures for a personal residence. The first house in a real estate investing career can be scary because it is the beginning of a new business venture. The would-be real estate investor usually recognizes that mistaken judgment can have disastrous consequences. The lack of experience prompts misgivings about the unknown. Genuine confidence is necessary to make the decision to follow through after the preliminary analysis is completed. In fact, it seems to me that real confidence – in contrast to egotistical bravado – is a personality ingredient prerequisite to entry into a real estate investing career. I was admittedly fearful as I bought my first investment house 25 years ago. I had little valid instruction in making that first purchase. But I was driven by an intense drive to actualize a career I had envisioned for some time. I was like so many would-be investors I have encountered during the intervening years. They keep walking around the pool, dipping their toe into the icy waters, afraid to suck up and take that mighty leap out into the pool's cold water. But after I bought that first investment house, I bought another and another. Each acquisition got easier and easier. I bought $1 million in properties the first year, and another $1 million in properties the second year. By that time, I knew I was on the way to success. Acting on my fears led to faith in my abilities. And faith and fear cannot remain in the same mind at the same time. The greatest challenge in my real estate investing career was the purchase of my first house. It might be your greatest challenge, too. But know-how can displace the intimidation, and lead to positive satisfaction in real estate investing. Phil Speer, Ph.D., started his real estate investing career without the availability of credit or cash. Using only a $10 bill, he purchased $1 million in properties in his first year, and had accumulated $10 million in properties by his fourth year. His net worth was $2 million in only his third year of investing. He was featured in a Wall St.Journal editorial as most successful investor in the Nothing Down Real Estate Movement, and was honored with a Caribbean cruise as top investor of the year. In his hometown of Nashville, Tennessee, he has been a businessman and Human Resources Consultant for 30 years. He is an author, speaker and seminar director. To learn how to profit in real estate investing, even without cash or credit, read his report at http://www.CashinHouses.com/. Subscription is free to his Fix-up Ezine - http://www.AAREIT.com/.
Other Article Sites findabook.com moneycd.info a-mortgage.info
about-lemon-laws.info aboutstudentloans.info |
MORE ARTICLES: Snap Up Real Estate Signs Wholesale Furniture Brokers to a Site-wide Advertising Deal Snap Up Real Estate gives real estate (http://www.snapuprealestate.ca) buyers and sellers in Canada and the USA a user-friendly medium to conduct business. As part of Wholesale Furniture Brokers' long term marketing strategy, placing site-wide furniture ads on Snap Up Real Estate offers an opportunity to increase branding, educate potential online furniture (http://www.gowfb.com) shoppers, and reach new home buyers.
IF Development Inks Deal with Palm Beach Luxury Real Estate Brokers
Flat Fee Real Estate Broker Mentor Listing Realty Now Largest Discount Real Estate Broker in Indianapolis
Lake Tahoe Real Estate Broker Website Reveals Exclusive Neighborhood Data
Realty Executives International Gives Top Honors to Kansas Real Estate Brokers
Sarasota Real Estate: Qualities Of A Good Realty Broker
Real Estate Agents, Realtors, and Mortgage Brokers Find Hope in Internet Marketing at WowInternetBusiness.com
Metro Brokers First To Roll Out with iPhone Real Estate Search
Local Commercial Real Estate Brokers Use Technology To Build Their Business
Top Five Tips For Picking Out A Flat Fee MLS Real Estate Broker
Negotiate Your Way to Lower Dallas Real Estate Broker Fees
Commercial Real Estate Broker Opens New Firm Offering New Innovative Services to Investors
ForeclosureRadar Releases Free Foreclosure Search Solution for Real Estate Broker and Agent Websites
Real Estate Broker
Charleston's Preeminent Luxury Real Estate Broker, William Means Real Estate, Celebrates 75 Years
|
|||||||
| Develop Your Domain Names | Site Map | Home | ||||||||