owner financing: KNOWING WHAT LAND TO BUY AND WHERE
- 11/21/11 07:43 AM
Brokering real estate as most practicioners know it, can provide a good living,but buying the right kind of property is where the real money is. We have all heard the three things that make real estate valueable : location , location and location. This is only half correct.The trick is to know where growth is headed and when.Knowing this along with planned road improvements and utilities is more important. What has a so so location today may be primo in 2-5 years and this is what you want. Nobody said being able to get the money was easy and nobody said knowing … (1 comments)
owner financing: Opportunities will be everywhere in 2011
- 12/09/09 01:49 AM
As a young extremely agressive rookie agent in 1974 - I encountered a full scale recession and home interest rates at 10% . I was new to my town( Raleigh , NC ) -and literally knew nobody .Perhaps I had just lost my mind ,as I quit my secure corporate accounting job to sell real estate . All I heard was how bad it was but having a house payment, a wife and young daughter -I had to do it I read books by Zig Ziglar "Get a Checkup from the Neck Up" ,Dale Carnegie's famous books, Think and Grow Rich -Ten Acres of Diamonds and then embarked immediately … (1 comments)
Real estate is a wonderful game when times are good but not so much fun in down times.
The Great Depression of 2008 until who knows when is one of those unkind times.
Some seasoned agents probably put away funds from 2003-2008 but most probably did not.
Like all 100% commission sales professions our incomes can fluctuate big time .
If you are one of those who prepared for The Great Ressession then you are possibly in a position to invest which is where the real money is.
We have done the rental game but today just do the best -land .Anybody who can buy ,option, get land by owner financing etc. in 2015 should do it any way they can.
In 5 years you will be a happy camper.
Brokering real estate as most practicioners know it, can provide a good living,but buying the right kind of property is where the real money is.
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