Sunday, October 18, 2009

Real estates and properties


Welcome, my friend, to the world of real estate investing. When done the right way, investing in real estate can create for you an inflation-proof cash flow that will take care of you and your family forever.

Before I begin, I want to make one thing abundantly clear — this is going to take work. If you think you can just get started with your investing and wake up tomorrow morning a multimillionaire, you need to think again.

The general wisdom that real estate is all about location, location, location is flat out wrong. In the real world of investing, real estate is first and foremost about the motivation of the seller; secondly, it’s about the price and terms with which you can acquire a property; and then and only then about the location of the property.