Real Estate Investment Training Camp

By
Real Estate Agent with Coldwell Banker Residential Real Estate

If you can hear the whispers below the din of panic, you know that the recent financial and housing collapses have actually created some amazing opportunities for real estate investment. Low interest rates and depressed property values have combined in an environment favorable for long-term gains.

It may not be for everyone, but if you’re in the right financial position, you have plenty of options. However, there is a right way and a wrong way to invest, and it’s the wrong way that led so many to suffer in the recent housing crisis.

Don’t think about investing in real estate until you’ve saved up for your nest egg and have held or reduced your expenses to keep it growing. Your money doesn’t work for you unless it’s your money.

Similarly, don’t begin your real estate investment adventure until you’ve polished up your credit score. The best opportunities go to those with upfront cash and excellent credit. Maximize your borrowed capital by making sure you get the lowest interest rates and best terms.

It then follows that you should not over – borrow. Real estate markets are continually cycling up and down. Learn the lessons of the recent debacle, and don’t over- leverage yourself to the point you can’t survive a down period in the cycle. If you’re smart about it, you won’t get rich quick, but you will get rich right!


Team Morgan
Coldwell Banker Real Estate
“For Every Move You Make

Whether you want to buy or sell a home in Miami, Palmetto Bay, Pinecrest, Dadeland Walk, South Miami, Coral Gables or Cutler Bay, you can depend on the Morgan team of realtors to assist you every step of the way during your real estate transaction.

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Tags:
real estate investment
investing in real estate
real estate markets
housing crisis
interest rates

Spam prevention

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
15,153

Mike Morgan

Ask me a question
*
*
*
*