Real Estate Investing Is Not a Get Rich Quick Market

By
Real Estate Agent with U.S. Cuven Realty

Many amateur real estate investors are lured into real estate investing by the promise of quick, easy money with no money down, but it's NOT a get rich quick field. In fact it takes much research and countless hours of experience to hit the goals many investors want to hit.
The good news is that the majority of "amateur investors" who sign up for the thousands of real estate investment seminars give up the idea within three months of taking the training. So don't be scared of a saturated market, your competition is much less than you might have thought.

Abraham Martinez

www.MartinezGlobal.Typepad.com


Comments (5)

Cape Coral Florida Golf Course and Waterfront Homes
Gulf Coast Realty Network, Inc. - Cape Coral, FL
Right on, Bro....
Apr 15, 2008 01:54 PM
Chuck Carstensen
RE/MAX Results - Elk River, MN
Minnesota/Wisconsin Real Estate Expert

I know a lot of investors that are hurting.

Apr 15, 2008 01:55 PM
Jim Summers
Pensacola, FL

Chuck,

I think we all know of investors that are hurting.  I get a kick out of the TV shows like "flip this house" and a few others.  I have had folks (Future investors) that tell me "I wanna do what they do on TV".  I say really.....  Keep in mind that it is a TV show.  That sorta turns them off on the "buy a house for 100K, fix it up and sell it for 195K all in about a 3 month period.

Homework, homework and more homework.

Jim

Apr 15, 2008 02:03 PM
Konnie Mac McCarthy
MacNificent Properties, LLC - Cobb Island, MD
Broker/Owner - VA & MD "Time To Get A Move On!"
I have a few clients who think they can "flip" in this market...not sure what they are thinking.....
Apr 15, 2008 02:14 PM
Bill Arce
RealEstateLatino.com - Jacksonville, FL
Real Estate, Latino

Abraham,

I do agree with you. Since I have been in this business I have not seen anybody make money without money. Also, being a landlord for example, especially the absentee landlords have to hire the service of a management company if they would like to get some-money. Overall it could be a very lucrative business but in the long run.

www.realestatelatino.com

Bill

Apr 17, 2008 11:17 AM