10 Tips for Real Estate Investor

**gobransonhomes** · 09-23-2009, 01:51 AM

1. Do not overanalyze. You may lose a lot of great opportunities to make great deal of money. Start making offers!

2. Get the property under a contract first with a safety clause.
3. Ask fellow investors, real estate broker about the property value. If it makes sense go ahead with the purchase.

4. If you are buying for a quick flip neighborhoods do not matter. What matters is the $$$ you are going to make.

5. Your perfect buy should be a house/condo/building in excellent condition and in a good neighborhood.

6. Your Second choice should be a cosmetic fixer in a good neighborhood.

7. Inspect the property. Try to get as many things fixed by the seller as possible. Check the neighborhood. Drive around the block. Look at the houses in the neighborhood, what is their condition. Look at the cars parked in the street. Old cars normally can tell you a lot about the neighborhood. Trash on the sidewalks can spell less than great neighborhood. Which in turns means you should buy and sell quickly (most of the time). Renting in those neighborhood could be challenging, especially for the new investor.

8. Use a real estate agent or broker. My first great deal was found by a broker. Try to get access to the MLS so you can look for deals yourself.

9. Shop around for Financing. My experiences with the loan officers tells me one thing. Email them your questions and ask them to email you back their answers or put them on paper. They tend to always change terms and rates (though illegal), and put junk charges.

10. Try to reduce your Title/Escrow charges review them with an experienced investor or real estate agent.

**colombiacommercial** · 10-02-2009, 03:40 AM

I noted all your 10 points Get the property under a contract first with a safety clause. This was important to me.

**Sabir** · 10-04-2009, 09:49 PM

Very have very useful tips regarding property and real estate portals.

**Matthew 10001** · 10-07-2009, 08:16 PM

Loved the 10 tips....
Here is a good one.

Study and understand the fundimentals of money.

Matt

**philippine_real_estate** · 10-07-2009, 10:24 PM

Good tips thanks for posting this would be really helpful to those real estate investor and also to those have a plan to invest on real estate.

**tanmaysnv** · 01-23-2010, 10:31 AM

Excellent tips.Really useful stuff .Never had an idea about this.
Thanks for sharing with us .

**dallasrealestate** · 01-24-2010, 12:09 AM

Yes I really do like these tips, they could go along way for any investor... Check out Fliplocator.com , they have tons of great deals for sale all the time... and its free

**joybruna** · 01-28-2010, 05:09 AM

Analysis the curve
Get ahead of the curve
Know your market
Think further afield
Purchase price
Entry costs
Capital growth potential
Exit costs
Profit margins
Think long term

**Albert L.** · 01-29-2010, 10:34 PM

All details are very useful and interesting. Thanks for sharing great stuff.

**snvtanmay** · 02-02-2010, 01:44 PM

Hi
I think Real Estate Investing is not an easy money making scheme. Although many people will find it to be worthwhile to invest in, it takes hard work and some wise investment knowledge.
Thanks for providing tips on these topic.
Thanks !!!