Last night I attended a seminar for investing in real estate. I was thinking that I wouldn't learn anything but I was really surprised when I picked up some great tips when looking for an investment property. While sitting in the seminar, I realized that I could have purchased one of the properties for my client and let them rent to own the property. The very next slide on the screen was a property that I had showed my client and I had pushed him to get it. It was listed for $140K but the presenter said he purchased it for $105K. I guess you live and learn and the only thing I can do is to chalk it up to learning to invest.
Broad & Bailey Realty LLC - Valhalla, NY
Greg, the fact that you learned something is what's important. Learn to invest for yourself and you will also be able to help others as well.
Jun 25, 2008 02:47 AM
1st Cornerstone Realty - Schaumburg, IL
Thanks Peter. I'm definately trying to get more knowledge with the investing. Now is the time to invest from what I hear.
Jun 25, 2008 02:59 AM
HomePointe Property Management, CRMC - Sacramento, CA
CPM MPM - Property Manager and Property Management
With prices dropping so much, rentals are becoming attractive. Your idea of buying fo the buyer and doing a lease option makes sense. You could then get a loan on the property and do it again. You profit would be the cash flow.
Jun 25, 2008 03:15 PM
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about 15 years ago
My blog is written to help other agents become better. By including my every day experiences, I hope that other people can learn from my adventures. I love being a real estate agent and I hope that I can help as many people as possible.
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