Are you considering the profit potential of real estate but have no clue where to get going? Perhaps you’ve seen cable shows centered on flipping homes and seen the numbers. If you want more money but have no interest in adding more hours to your work day, this is a good option. Read on for more tips!
Always familiarize yourself with property values in the area. Mortgages and rental prices in neighborhoods that are local will allow you to feel how much a house is worth. When you get an idea of the local conditions, your decisions will be better informed.
Never invest your money into property that you have not personally seen and inspected. If they offer to pay for the inspection, it may be someone that favors them. You need neutral inspections or reports from a person that you can trust.
Do not make the assumption …