Uploaded on Mar 9, 2018
Check out the six rules of real estate investment.
Rules of Real Estate Investment
Rules of Real Estate Investment REAL ESTATE WHAT IS REAL ESTATE ? Real estate is basically a property, buildings, land etc. Real Estate means which is real or we can say anything which is a physical property. Important Rules of Real Estate Investment “⊙1. Don’t be Emotional Fool➢ You have to keep emotions aside and be more practical. ➢ Don’t take decisions emotionally. ➢ Think 100 times before you invest. “⊙2. Keep Money as backup⊙Keep Money as backup always to Cover Both Known and Unknown Losses ⊙ Investing in real estate is not at all easy. ⊙You need a lot of money backup because you never know about any unknown losses ⊙ To go though many financial situation extra money is necessary. “⊙ 3.Find a right person to rent your property⊙ It’s a challenges investing in real estate. Quite tough to find a right person to give property on rent. ⊙ If you rent to wrong one you property may be misused or damaged. ⊙ Enquire each and every thing before renting to anyone. “⊙ 4. You should Invest for right thing⊙You should know where you are investing and all information about it. ⊙ Like which area or land is expensive and whose rate will increase in future. “⊙ 5. Don’t Invest more than your Budget⊙Before investing keep in mind how much is your budget. ⊙Be honest with you and make investment according to cost of real estate investment plan. “⊙ 6. Choose Right Location⊙ Location is very important. Property provide you returns in two ways: either rent or capital prizing. ⊙Choose best location which values more in terms of money or business. ⊙THANKS!!!
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