Real estate investment is a great way to add profits to your portfolio. Putting your savings into real estate lets you spread out your investments over more sectors other than just stocks and bonds. Keep reading to learn how to invest the right way in real estate.
Do your own research and analyze the real estate market before you invest your money in a property. Review 50 – 100 properties in a given area, and use a spreadsheet to document the info. You should look at prices, anticipated rents and repair budgets. This helps you figure out what deals are good.
Do your research before real estate investment. Look at between 50 and 100 properties in the area you’re interested in, and create a spreadsheet with each one. Things to look at include repair … Read the rest