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04-16-2009, 04:09 AM #1
Renter
- Join Date
- Apr 2009
- Posts
- 1
real estate business is booming now
Real estate investing has become very big business over the past few years with more and more developments springing up all over the world. If your thinking of taking the plunge and investing in property.
Investing in real estate, you want to get a bargain, get property that will cost you a bit of sweat equity. Properties that are in move in condition are usually more costly than those that need a little bit of work. If you buy properties, you can make some cosmetic changes to the properties and end up with a house that is worth more than what you paid for it.
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04-16-2009, 05:27 AM #2
???...Booming??...
Are you in the poorest part of India???
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04-16-2009, 10:28 PM #3
Fixer Upper
- Join Date
- Feb 2009
- Posts
- 37
Real estate booming take more time because still all facing recession effect in market so real estate time to getting track again.
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04-16-2009, 11:05 PM #4
Condominium
- Join Date
- Dec 2008
- Posts
- 172
It is really great business and investing in such recession time can be more beneficial and that could be the reason about booming this business.
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04-17-2009, 05:53 AM #5
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04-22-2009, 06:44 AM #6
well.. you can invest on it...use for future use.. i mean .. when it is right one can sell a property with a higher price ... as for now .. i real state business is not that good but are still in adjusting period.
HELLO FROM MIAMI...!!!
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04-22-2009, 11:59 AM #7
First, RE investing has ALWAYS been a great strategy, some times some techniques work better than others, but in both sellers markets and buyers markets money is to be made.
Now, about needing to invest in properties needing "sweat-equity" that is true for some mindsets, but I have BEEN GIVEN houses that I put less than $1K into them, and that was because I wanted to update the carpeting, which was in good shape, but that is me. Anyway, other than that very small investment, it was ready to be rented, and was rented three days after I put the carpet in. It is yielding me $1.1K/month, so who said that houses need to be in bad shape to get a great deal?
It is all a matter of mindset.
Hope that inspires some readers!
Michael Suess
The REI Training Warehouse, LLCMichael Suess
REI Training Warehouse, LLC
http://www.REITrainingWarehouse.com
BLOG: http://www.REITrainingWarehouse.com/wordpress
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04-25-2009, 07:04 AM #8
Michael Suess
REI Training Warehouse, LLC
http://www.REITrainingWarehouse.com
BLOG: http://www.REITrainingWarehouse.com/wordpress



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