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10-06-2009, 10:42 PM #1
Condominium
- Join Date
- Nov 2008
- Posts
- 190
What is Pre-Construction Investing?
Pre-construction investing is exactly what is sounds like
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Become a real estate investor
Now more then ever is the time to become a real estate investor there is great courses that are so insightful and real....
Now might be slow but its a great time to learn the ropes.
Matthew
Real estate investorLast edited by Chief Tutor; 10-08-2009 at 09:51 AM.
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10-09-2009, 02:52 PM #3
Condominium
- Join Date
- Sep 2009
- Location
- New York
- Posts
- 212
Hi everybody. In recent years this has become a trend. Soon you will find that all lands are acquired by the investors and a monopolistic market.
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10-13-2009, 03:44 AM #4
Condominium
- Join Date
- Oct 2009
- Posts
- 252
i can agree is that now is the perfect time for investing as the prices are quite pleasant and if you have some extra money byuing a piece of land or unfinished construction. Because as it come with building, this is the best investment of all times!
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Use caution when investing in pre-construction properties. Keep in mind that developers many times do not complete projects on time, prices are locked in (meaning if the market tanks once the project is complete and you are looking to sell immediately you could be in trouble), or if you are looking to rent the property demand may not meet supply. Make sure that the developer is reputable and that the market you are purchasing in will sustain in the time it takes for the home to be completed - or long term if you are looking to keep the property. Interesting read:
WARNING: Pitfalls of Pre-Construction Property | InvestmentLast edited by Chief Tutor; 04-09-2012 at 10:38 AM.
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04-19-2012, 06:56 PM #6
Renter
- Join Date
- Apr 2012
- Posts
- 5
I can't believe that people were still this Gun ho, about investing in pre-construction in October of 2009. By then, everything was in free fall.
To say that all of the land would be owned by investors and developers when lenders were foreclosing {and are still foreclosing} on most land, does not sound right. To top it off many properties have gone back to their original agricultural zoning because the projects are not feasible.



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