We think there are FOUR "Laws" of Real Estate that, if you have been looking for property for any length of time, your own experience probably confirms. This blog post covers Law 1: Big and cheap never equals wonderful. Other blog posts cover the other three.
1. The FIRST law in real estate: Big and cheap NEVER equals wonderful. Many people, when they first start picking property to see, focus on properties that are big and cheap... They are hoping, of course, for big, cheap AND wonderful, but that is like winning the lottery-and never applies to properties that have been on the market for any length of time.
•· BIG, wonderful, and very expensive can be found quite easily.
•· CHEAP, wonderful and small is another option to consider...
If you want to see a sheet with all FOUR laws on it, click here:
And, remember, at http://www.chicagoland2to4flats.info/, you can see all the ways we are prepared to support you in the purchase of your investment property.
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