Tools to be successful in real state investing

[pocket23]

Real estate is always good to invest in, but you have to be aware of what stage of the cycle it is in. It doesn’t always go up as people like to think, when the real estate cycle is in a downward phase, in some markets houses actually lose value. You must know what phase your local market is in before you buy any house or apartment. For example, in San Diego right now, appreciation is plummeting … but you can still make money. While the market’s tanking you have to stick with buying junkers super cheap from banks and wholesaling them to investors. That the only place where there is demand, among investors, and it’s where you can keep your risk to a minimum so that’s where you focus. Forget rehabbing or holding anything until the market recovers.
There’s a fantastic research tool so you can know where your market is and make the right moves. Check it out. Real estate investing research tool

[justdoitstewart]

“appreciation is plummeting” ?????

Wouldn’t that be called depreciation?

“market’s” ???

I didn’t know you could make a conjunction out of the words “market” and “is”.

This thread is spam anyway.

[gverdi]

Real estate is not an good investment. Buy S&P index funds and
you can do better.

But yes, one can speculate with real estate if he’s smart to know when to get in and out.

[Allan from Fallbrook]

Spam or troll bait.

For my real estate investing advice, I look to Nouveau Riche University and Robert Kiyosaki. I like proven winners and true prognosticators.

Along the lines of the $649k Del Cerro house in another thread, it appears that the market still hasn’t shed all of the lunatics.

[justdoitstewart]

Real Estate can be a great investment, if properly chosen.

[Allan from Fallbrook]

Justdoit: I would correct that to read that real estate can be great as speculation (no more than 10% of your available funds within a diversified portfolio).

Adjusted for inflation over the long-term, real estate does not hold up against other asset classes. That’s what makes this present situation (real estate boom to bust) so amazing: So many people bought into the myth of real estate “investment” properties as the path to wealth and success.

[HereWeGo]

You could always borrow someone’s condo, sell it, then buy it back and return it to them in a year or so.

[Author]

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