I'm still in college but i'm thinking about what i want to do with my life... i think i have decided on getting into real estate. I want to learn all that i can about buying and selling homes to make a profit, but i'm not wanting to try to start doing it for a living right now, i'm only 21. Does anyone know of a good book that can help me out, i know very little about real estate... thanks for any help!
Investing in real estate is not for the faint of heart. There are many variables that make real estate investing significantly profitable. On the other hand, the same variables may cost investors far more than what they bargained for. Before investing in real estate, understand the advantages and disadvantages of such a venture. There can be a major advantage to investing in real estate if you find property at a price low enough to result in a significant profit. For example, some investors buy real estate they intend to flip. Flipping can result in huge profits for investors. The property may be in foreclosure, in danger of foreclosure or needs little or no repair.
Buy and flipping is dangerous when you don't know what you're doing. Trust me, I did it myself and found I couldn't afford one house because I couldn't find a buyer. So it happens. Wish I did seek out books like what you're doing now. Time passed and I learned. One of the books I've read on real estate can be found below.
The first dwelling you purchase would be a private dwelling to reside in. Get one that you just must repair up at the same time you reside there, or purchase all sides of a duplex and reside in a single aspect. If you purchase as an investor they'll be a lot more involved approximately you loss of credit score. In 3 to 5 years promote it if you'll make a tremendous benefit and you're going to have situated your credit score and developed up your coins reserves with the intention to do what you desire.
Dolf okorder You are gonna have a great life! Just start now!
