Investors ... Stay Informed on the Local Market

Buying foreclosed properties is getting more popular and more profitable every day. There are dozens of foreclosed properties hitting the market every day. These properties can be both gold mines and land mines. In this article, weíll go over several simple tips to help ensure that your first foreclosure purchase is a successful one.

Opt for a Low-Repair Property for Your First Deal

Weíve all heard about people who make thousands of dollars buying fixer foreclosures and fixing them. The reality is, however, that doing such a deal requires a high degree of expertise.

Do you know how to fix a broken roof? Can you estimate how much it would cost to replace an entire shed? Can you estimate how much the repairs will cost and compare it to your selling price in the end?

Although you can make a lot of money doing fixers, you can also make a lot of money just by buying foreclosed properties, doing minor cosmetic repairs and selling them again. For your first foreclosure deal, look for houses that donít require much work so you can get some experience under your belt.

Research the Nearby Market

There are generally three reasons youíd buy a foreclosure: To rent out, to sell or to live in. If youíre buying to repair and rent out or sell, then market research is absolutely essential.

If youíre buying to rent, itís important to know what other properties in the nearby area are renting for. Itís also important to know what the vacancy rates are. Based on these numbers, you can accurately predict what your cashflow will be like.

If youíre buying to sell, itís important to know what you can expect to sell your property for once your repairs are completed.

You should know these numbers before you make your purchase. Remember that with any real estate investment, the profit is made on the buy end, not the sell end. You must know how much your property is worth or how much you can rent it out for before you can make a profitable investment.

These tips will help you avoid some of the biggest pitfalls beginning investors tend to fall into with their first investments. Foreclosures can be a very lucrative business, but it also has its dangers.

There is a lot of free information available to you about buying, selling or investing in real estate. For complete information about the real estate market including current homes for sale, property values and more please visit the most complete website online dedicated to everything real estate at www.pauldingandpolk.com.  Please feel free to contact me with any of your real estate or mortgage related questions and I will be more than glad to answer your questions. Call me on my cell at 404 374 1620 or email me at craig@pauldingandpolk.com

For a FREE List of 3 Plus Bedroom Dallas Georgia Homes under $150,000 with prices, addresses, and descriptions click the link, fill out the form below.

The Purchase Document For Investors by real estate expert Craig Summers

It is very important to protect yourself when you are purchasing some investment property in . One of the ways that you can do this is to make sure that you know what should be in your purchase contract and that you are satisfied with everything in it. In our discussion today, we will be discussing some of the parts of the purchase contract.

Names on the contract

Make sure that all of the parties that are involved with the transaction are clearly named in the contract. This includes all partners and spouses. You must make sure that you negotiate your agreement with all parties that have ownership in the property in . If you can’t speak to all parties, then it is best to stop the negotiations until you can.  

Description of the land that the property sits on

Make sure that you have the proper street address and the legal description that is spelled out in the deed. Make sure that you have walked all over the property in and also measured the boundaries yourself. Be sure that you know where you property lines in begin and end

Description of the building

Make sure that you specify any specifics of the building in the agreement. This would include such things as the age, specific designers of the building etc. If the seller has stated something specific about the building in , make sure that it is true and then include that in the agreement.

Personal property in the building

When we speak of personal property, this is property that is left to the buyer and is defined as property that is not permanently a part of the land or the building. This can include such things as air conditioners, blinds, appliances and ceiling fans. Make sure that all of this is listed separately in the agreement. You want to make sure that you state whether that is included in the house or that you are going to purchase it separately.

These are just some of the items that should be a part of your purchase contract. In later discussions, we will add to this list.

There is a lot of free information available to you about buying, selling or investing in real estate. For complete information about the real estate market including current homes for sale, property values and more please visit the most complete website online dedicated to everything real estate at www.pauldingandpolk.com Please feel free to contact me with any of your real estate or mortgage related questions and I would be more than glad to answer your questions. Call me on my cell at 404 374 1620 or email me at craig@pauldingandpolk.com

For a FREE List of 3 Plus Bedroom Dallas Georgia Homes under $150,000 with prices, addresses, and descriptions click the link, fill out the form below. 

Investing Expert Craig Summers Reveals How to Do Proper Due Diligence with Investment Properties

Due diligence is the process of double checking everything before finalizing a purchase. Proper due diligence is an absolutely crucial part of every profitable investor's success. In this article, I'll talk about the best ways to do your due diligence based on my experience in real estate.

Due diligence should start with the proper verification of the books. You should check all the rental agreements and double check all rental histories. Review at least the last two year's financial statements and see if there's anything unusual that raises a red flag.

Double check the actual rental income with the amount of rental income the building should be receiving based on the lease agreements. These numbers will often not match up. As the building's future owner, you should know why.

Check all the utility bills. Make sure there are receipts for every payment. If there isn't one, contact the city or the utility company to get a copy of the receipt.

Look into how old the building is. If it's old, look into what the building codes were when the house was constructed. Will there be costly renovations you'd have to make to bring the property into compliance with current building codes?

If the building is new, does it have a home owner's warranty? Look carefully over this contract so you know what it covers.

Walk around the building and do an inspection by hand. Look at the conditions of the walls and watch for fire or water damage. Check the electrical and plumbing systems. Make an educated guess on how long the roof will last before it needs repairs.

Remember that everything you find during the due diligence process is "ammunition" you can use to negotiate a better deal with the seller. The seller wants to make the deal happen as much as you do, but there's no reason for you to pay for more than the property is really worth based on its condition.

Begin your due diligence process as early as possible. Start your inspections before you make an offer. Even after you've made an offer, make sure that you have clauses in the contract that allow you to inspect the property and the necessary documents.

There is a lot of free information available to you about buying, selling or investing in real estate. For complete information about the real estate market including current homes for sale, property values and more please visit the most complete website online dedicated to everything real estate at www.pauldingandpolk.com.  Please feel free to contact me with any of your real estate or mortgage related questions and I will be more than glad to answer your questions. Call me on my cell at 404 374 1620 or email me at craig@pauldingandpolk.com

For a FREE List of 3 Plus Bedroom Dallas Georgia Homes under $150,000 with prices, addresses, and descriptions click the link, fill out the form below.

If you have excellent credit you will have the least amount of hurdles to jump through. When the mortgage companies in are discussing your creditworthiness They are generally referring to your FICO score,looking at your credit. This refers to the combination of the three credit institutions and is typically standard for coming up with whether or not they may lend you money.

When looking at your credit score you will have access to the best loans and more negotiating room with a FICO score above 710.

There are now many different loan solutions available to the investor in . It is still possible but not probable that you could fine financing for 100% of the cost to purchase the piece of investment property.

There are still options available,if your credit is not excellent. A second option is to work with the seller and have him or her carry an additional mortgage on the property in which you are working with in .

In this case let’s say you negotiate a price both you and the seller are happy with. You get 80% through a bank or lender and the owner agree to finance to other 20% for you as a term of the contract.

It is easier to get a loan for 80% of the purchase price. It is definitely the case if you have agreed on a cost that is less than the market value. Perhaps you agreed upon a final price of $100,000 while the actual market value of the property as per an appraisal was $138,900.

In this scenario the money coming from the lender is easier to get. This is not as risky.

For a FREE List of 3 Plus Bedroom Dallas Georgia Homes under $150,000 with prices, addresses, and descriptions click the link, fill out the form below.

Investing Expert Craig Summers Reveals How to Do Proper Due Diligence with Investment Properties

Due diligence is the process of double checking everything before finalizing a purchase. Proper due diligence is an absolutely crucial part of every profitable investor's success. In this article, I'll talk about the best ways to do your due diligence based on my experience in real estate.

Due diligence should start with the proper verification of the books. You should check all the rental agreements and double check all rental histories. Review at least the last two year's financial statements and see if there's anything unusual that raises a red flag.

Double check the actual rental income with the amount of rental income the building should be receiving based on the lease agreements. These numbers will often not match up. As the building's future owner, you should know why.

Check all the utility bills. Make sure there are receipts for every payment. If there isn't one, contact the city or the utility company to get a copy of the receipt.

Look into how old the building is. If it's old, look into what the building codes were when the house was constructed. Will there be costly renovations you'd have to make to bring the property into compliance with current building codes?

If the building is new, does it have a home owner's warranty? Look carefully over this contract so you know what it covers.

Walk around the building and do an inspection by hand. Look at the conditions of the walls and watch for fire or water damage. Check the electrical and plumbing systems. Make an educated guess on how long the roof will last before it needs repairs.

Remember that everything you find during the due diligence process is "ammunition" you can use to negotiate a better deal with the seller. The seller wants to make the deal happen as much as you do, but there's no reason for you to pay for more than the property is really worth based on its condition.

Begin your due diligence process as early as possible. Start your inspections before you make an offer. Even after you've made an offer, make sure that you have clauses in the contract that allow you to inspect the property and the necessary documents.

There is a lot of free information available to you about buying, selling or investing in real estate. For complete information about the real estate market including current homes for sale, property values and more please visit the most complete website online dedicated to everything real estate at www.pauldingandpolk.com. Please feel free to contact me with any of your real estate or mortgage related questions and I will be more than glad to answer your questions. Call me on my cell at 404 374 1620 or email me at craig@pauldingandpolk.com

For a FREE List of 3 Plus Bedroom Dallas Georgia Homes under $150,000 with prices, addresses, and descriptions click the link, fill out the form below or call 877 566 0511 Ext. 4010

The Purchase Document For Investors by real estate expert Craig Summers

It is very important to protect yourself when you are purchasing some investment property in . One of the ways that you can do this is to make sure that you know what should be in your purchase contract and that you are satisfied with everything in it. In our discussion today, we will be discussing some of the parts of the purchase contract.

Names on the contract

Make sure that all of the parties that are involved with the transaction are clearly named in the contract. This includes all partners and spouses. You must make sure that you negotiate your agreement with all parties that have ownership in the property in . If you can’t speak to all parties, then it is best to stop the negotiations until you can.  

Description of the land that the property sits on

Make sure that you have the proper street address and the legal description that is spelled out in the deed. Make sure that you have walked all over the property in and also measured the boundaries yourself. Be sure that you know where you property lines in begin and end

Description of the building

Make sure that you specify any specifics of the building in the agreement. This would include such things as the age, specific designers of the building etc. If the seller has stated something specific about the building in , make sure that it is true and then include that in the agreement.

Personal property in the building

When we speak of personal property, this is property that is left to the buyer and is defined as property that is not permanently a part of the land or the building. This can include such things as air conditioners, blinds, appliances and ceiling fans. Make sure that all of this is listed separately in the agreement. You want to make sure that you state whether that is included in the house or that you are going to purchase it separately.

These are just some of the items that should be a part of your purchase contract. In later discussions, we will add to this list.

There is a lot of free information available to you about buying, selling or investing in real estate. For complete information about the real estate market including current homes for sale, property values and more please visit the most complete website online dedicated to everything real estate at www.pauldignandpolk.com.  Please feel free to contact me with any of your real estate or mortgage related questions and I would be more than glad to answer your questions. Call me on my cell at 404 374 1620 or email me at craig@pauldingandpolk.com

For a FREE List of 3 Plus Bedroom Dallas Georgia Homes under $150,000 with prices, addresses, and descriptions click the link, fill out the form below or call 877 566 0511 Ext. 4010

Foreclosures have the reputation of being very profitable investments for real estate investors. While that can be true, they can also be very dangerous investments where you can lose a lot of money. In this article, we'll go 3 of the most common pitfalls investors make, so you can avoid these mistakes if you decide to invest in foreclosures.

Pitfall #1 All Foreclosures are Good Deals

This simply isn't true. Foreclosures are often in terrible condition. For that reason, banks and the government are often willing to provide major discounts on the property price. Even then, however, the property may not be a great investment.

It's only beginning investors that think all foreclosures are good deals. Experienced investors know that just like anything else, finding a good foreclosure property takes time, expertise and research.

Pitfall #2 Jumping into Fixer Uppers

We've all heard of people who've made millions buying shambled houses, fixing them and then flipping them. While this can be a very profitable model, it also has its pitfalls.

The biggest pitfall is beginning investors who jump in to the fixer market without the expertise to back it up. Unless you can predict how much your repairs will cost, how much you can sell the property for and then work your way backwards to what the selling price must be in order to be profitable, then youíre not ready for a fixer upper.

There are many profitable deals that don't require the level of expertise that a fixer does. For a beginning investor, it's usually better to start with those deals.

Pitfall #3 Not Performing Good Research

Good research is a key component to being profitable in the foreclosure market. You must know how much your property can sell for in the market. You should know what the trends in the area are, including community projects, new buildings that are being built, crime rates, etc.

You should also be sure to get a home inspection. If you're bidding on multiple properties at an auction, it's important that you actually step foot in all the properties you plan on bidding on before you bid on them.

These are 3 of the more common pitfalls that investors tend to fall into. By avoiding these pitfalls, you'll set yourself ahead of most beginning foreclosure investors in

There is a lot of free information available to you about buying, selling or investing in real estate. For complete information about the real estate market including current homes for sale, property values and more please visit the most complete website online dedicated to everything real estate at www.pauldingandpolk.com.  So please feel free to contact me with any of your real estate or mortgage related questions and I will be more than glad to answer your questions. Call me on my cell at 404 374 1620 or email me at craig@pauldingandpolk.com

For a FREE List of 3 Plus Bedroom Dallas Georgia Homes under $150,000 with prices, addresses, and descriptions click the link, fill out the form below or call 877 566 0511 Ext. 4010

Foreclosures have the reputation of being very profitable investments for real estate investors. While that can be true, they can also be very dangerous investments where you can lose a lot of money. In this article, we'll go 3 of the most common pitfalls investors make, so you can avoid these mistakes if you decide to invest in foreclosures.

Pitfall #1 All Foreclosures are Good Deals

This simply isn't true. Foreclosures are often in terrible condition. For that reason, banks and the government are often willing to provide major discounts on the propertyís price. Even then, however, the property may not be a great investment.

It's only beginning investors that think all foreclosures are good deals. Experienced investors know that just like anything else, finding a good foreclosure property takes time, expertise and research.

Pitfall #2 Jumping into Fixer Uppers

We've all heard of people whoíve made millions buying shambled houses, fixing them and then flipping them. While this can be a very profitable model, it also has its pitfalls.

The biggest pitfall is beginning investors who jump in to the fixer market without the expertise to back it up. Unless you can predict how much your repairs will cost, how much you can sell the property for and then work your way backwards to what the selling price must be in order to be profitable, then you're not ready for a fixer upper.

There are many profitable deals that don't require the level of expertise that a fixer does. For a beginning investor, it's usually better to start with those deals.

Pitfall #3 Not Performing Good Research

Good research is a key component to being profitable in the foreclosure market. You must know how much your property can sell for in the market. You should know what the trends in the area are, including community projects, new buildings that are being built, crime rates, etc.

You should also be sure to get a home inspection. If you're bidding on multiple properties at an auction, it's important that you actually step foot in all the properties you plan on bidding on before you bid on them.

These are 3 of the more common pitfalls that investors tend to fall into. By avoiding these pitfalls, you'll set yourself ahead of most beginning foreclosure investors in

There is a lot of free information available to you about buying, selling or investing in real estate. For complete information about the real estate market including current homes for sale, property values and more please visit the most complete website online dedicated to everything real estate at www.pauldingandpolk.com. So please feel free to contact me with any of your real estate or mortgage related questions and I will be more than glad to answer your questions. Call me on my cell at 404 374 1620 or email me at craig@pauldingandpolk.com

For a FREE List of 3 Plus Bedroom Dallas Georgia Homes under $150,000 with prices, addresses, and descriptions click the link, fill out the form below or call 877 566 0511 Ext. 4010

One should seek out multiple brokers and not rely on the first broker that has been spoken to. It is the same as choosing any other expert. You will want to be sure to shop around the a place where you will have access to meet your financial necessity.

When it comes to getting loans for handyman's dream properties, getting financing is more difficult than for traditional home purchases.

When you use fixers you can begin by getting a hold of mortgage brokers that do traditional financing, although your best chance is probably a hard money lender or a mortgage broker that has access to hard money lenders.

You can check our local newspaper for the Profile.market area, and you can find financing options and alternative mortgages here as well as through your real estate agent and via investment property finance firms.

Hard money lenders are willing to loan between 50 and 80% of the value of a property after repairs, whereas traditional lenders will only loan based on a property's current value.

It might be a local mortgage banker in Profile.market that knows the procedures to follow and how to find the right people to assist you in obtaining acceptable financing for your investment property.

Traditional financing is much cheaper than getting a hard money loan. Basically interest rates average about 12-16% in most cases and you might have to pay about 3 to 5 points right now.

The reason people go this route is they can get money Beyond the actual purchase of the property which is generally unheard of in traditional financing. This money can then be used to make repairs to increase the value of the property.

Look at the cost of the hard money loan as a cost of doing business, be sure to include them in your purchase, so you end up with the profits you are looking for in the end.

Receiving your initial loan in is your toughest. Once you do it once or twice it will become much easier.

For a FREE List of 3 Plus Bedroom Dallas Georgia Homes under $150,000 with prices, addresses, and descriptions click the link, fill out the form below or call 877 566 0511 Ext. 4010

Cut Your Maintenance and Repair Costs by real estate expert Craig Summers

When a property investor starts searching for properties in , an important factor to keep in mind is the maintenance and repair costs.  Their goal should be to keep these as low as possible. In our discussion today, we will look at five elements that the property investor in needs to either look for in new properties or take care of with his or her own properties in .

Element #1 – Find low-maintenance properties

One of the things that an investor should look for is properties in that are built with low maintenance materials and this will also include all of the fixtures. You also want to look at the outside of the property to make sure that the outside is fairly low maintenance. This is referring to the things like the landscaping and shrubbery.

Element #2 – Find low-maintenance residents

This may seem strange, but there are tenants that will be costly to have living in your property in as well as tenants that will go out of their way not to cost you anything. So again, you want to screen your tenants carefully.

Element #3 – Apply repair charges

There are a couple of ways that may help you to maintain your low-maintenance residents in . You can shift a small portion of any repair charges to the tenant. Basically they will pay the first $50 or $100 of any repairs. You must make sure that this is part of the lease and that it is something that the tenant is aware of. You can have a higher security deposit. Usually higher security deposits will attract a lower maintenance type of resident.

Element #4 – Have a handyman available

Hire a handyman that you can trust and that will be available to handle to take care of your maintenance and repairs. This is someone that is dependable and will do a good job of taking care of your properties in .

Element #5 – Think Prevent

You want to always be in a preventive maintenance mode. Have your handyman always looking for ways to cut expenses as well as always looking for possible maintenance issues before they arise. This alone may save you hundreds of dollars over the long run.

There is a lot of free information available to you about buying, selling or investing in real estate. For complete information about the real estate market including current homes for sale, property values and more please visit the most complete website online dedicated to everything real estate at www.pauldingandpolk.com. Please feel free to contact me with any of your real estate or mortgage related questions and I would be more than glad to answer your questions. Call me on my cell at 404 374 1620 or email me at craig@pauldingandpolk.com

For a FREE List of 3 Plus Bedroom Dallas Georgia Homes under $150,000 with prices, addresses, and descriptions click the link, fill out the form below or call 877 566 0511 Ext. 4010

Real Estate Agent Craig Summers Addresses Concerns About Whether There are Good Deals to Be Had in for Real Estate Investors

Over the last several years the idea of investing in the real estate market has garnered a lot of interest from buyers all over the country. Although recently we've had some hiccups in the real estate market and economy, now more than ever buyers are seeing the huge opportunity available to them to create wealth through real estate investing.

The unfortunate occurrence of foreclosures all over the country has led to an enormous opportunity for individuals who are prepared to purchase property for investment. Buyers who had the funds and credit score necessary to purchase property have seen that they can get astounding deals. Not only can you purchase foreclosures, but you should also be looking at pre-foreclosures as another fantastic way of getting a good deal. In addition, short sales are a popular choice among real estate investors these days.

In some areas of the country, banks are letting houses go for $.30-$.50 on the dollar in some cases. These are not always homes that are in poor repair. In fact, people are finding that they can get fantastic prices on homes that are move-in condition. Of course, there are things that you must consider before purchasing a foreclosure home or a short sale.

The main important factor to think about is whether or not the title is clear. Although title searches are typically done before closing, and you do want to make sure that you invest in owner's title insurance. This will protect you if the title is ever challenged later because there was a problem in the chain of title such as forgery or something not being recorded.

Another tip to remember is that you should always get a full home inspection on any house you buy, but especially a foreclosure. This is because the bank does not know the background of the home and therefore is unable to give you history on any repairs or problems that ever happened there.

For more information about real estate in , please visit me at www.pauldingandpolk.com or call me directly at 404 374 1620.

For a FREE List of 3 Plus Bedroom Dallas Georgia Homes under $150,000 with prices, addresses, and descriptions click the link, fill out the form below or call 877 566 0511 Ext. 4010

You need to interview multiple brokers rather than just using the first one you come across. It's like choosing an expert in any other field. You will want to be sure to shop around the a place where you will have access to meet your financial necessity.

Take into consideration it is much more difficult to get the more traditional financing for some of these properties that require fixing.

When looking at purchasing a fixer in it may be that traditional banks and mortgage brokers just can't help. If this is the case you may have to see what is referred to as a hard money lender.

Read the local paper in the area, for people seeking hard money lenders or investment property financiers. You may find them by looking for classifieds under financing or mortgages or by asking their real estate agent.

Hard money lenders will look at the after repaired value of the property and loan out anywhere from 50-80% of the after repaired value before the property is repaired,while traditional loans will only look at the current value of the property.

It might be a local mortgage banker in hat knows the procedures to follow and how to find the right people to assist you in obtaining acceptable financing for your investment property.

Traditional financing loans are not as expensive as hard money loans. Typically interest rates range from 12-16%. Please note that you may be required to pay 3 to 5 points upfront as well.

The reason people go this route is they can get money Beyond the actual purchase of the property which is generally unheard of in traditional financing. This money can then be used to make repairs to increase the value of the property.

All you have to do is look at the costs of hard money loans like the cost it takes to do business. To end up with the profits that you are looking for on a property, make sure to include those costs in your purchase and holding costs.

Getting approved for your first loan in Being an investor can be hard work until you have yourself established.

For a FREE List of 3 Plus Bedroom Dallas Georgia Homes under $150,000 with prices, addresses, and descriptions click the link, fill out the form below or call 877 566 0511 Ext. 4010

Due diligence is the process of double checking everything before finalizing a purchase. Proper due diligence is an absolutely crucial part of every profitable investor's success. In this article, I'll talk about the best ways to do your due diligence based on my experience in real estate.


Due diligence should start with the proper verification of the books. You should check all the rental agreements and double check all rental histories. Review at least the last two year's financial statements and see if there's anything unusual that raises a red flag.

Double check the actual rental income with the amount of rental income the building should be receiving based on the lease agreements. These numbers will often not match up. As the building's future owner, you should know why.

Check all the utility bills. Make sure there are receipts for every payment. If there isn't one, contact the city or the utility company to get a copy of the receipt.

Look into how old the building is. If it's old, look into what the building codes were when the house was constructed. Will there be costly renovations you'd have to make to bring the property into compliance with current building codes?

If the building is new, does it have a home owner's warranty? Look carefully over this contract so you know what it covers.

Walk around the building and do an inspection by hand. Look at the conditions of the walls and watch for fire or water damage. Check the electrical and plumbing systems. Make an educated guess on how long the roof will last before it needs repairs.

Remember that everything you find during the due diligence process is "ammunition" you can use to negotiate a better deal with the seller. The seller wants to make the deal happen as much as you do, but there's no reason for you to pay for more than the property is really worth based on its condition.

Begin your due diligence process as early as possible. Start your inspections before you make an offer. Even after you've made an offer, make sure that you have clauses in the contract that allow you to inspect the property and the necessary documents.

There is a lot of free information available to you about buying, selling or investing in real estate. For complete information about the real estate market including current homes for sale, property values and more please visit the most complete website online dedicated to everything real estate at www.pauldingandpolk.com. Please feel free to contact me with any of your real estate or mortgage related questions and I will be more than glad to answer your questions. Call me on my cell at 404 374 1620 or email me at craig@pauldingandpolk.com.

For a FREE List of 3 Plus Bedroom Dallas Georgia Homes under $150,000 with prices, addresses, and descriptions click the link, fill out the form below or call 877 566 0511 Ext. 4010

It seems almost everyone in wants to go into real estate investing. After all, you can work very few hours and reap amazing profits. But getting started as a real estate investor in the market can be difficult. This article will help give you some tools to get you through the initial learning curve so you can start doing profitable investment deals today.

Step #1 - Have the Right Mindset

The most important mindset to have as a beginning investor is the mindset to learn. So many investors come into the market with the mentality that they want to hit a home run on their first deal.

The reality is, you'll probably make mistakes. Often times you'll still be profitable anyway, but sometimes you will lose money. But every experience is a valuable experience, because it will get you further along your path of being a profitable real estate investor.

Step #2 - Form Valuable Contacts

There are several key people you should meet in the when you're beginning your investing career.

A good real estate assessor and a good real estate inspector are both important contacts to make.

You should also find yourself a good accountant and a very good real estate agent. You might also want to find yourself a good real estate lawyer.

If you can find a mentor to guide you through your first few investment deals, that mentor's help will pay off graciously.

Step #3 - Do Very Careful Research

For your first property, do very very careful research. Look over all your numbers twice to make sure you can afford the property and that it will be a sound investment.

Make sure to double check all your utility bills, factor in vacancies and maintenance for rental units, and to give yourself some padding just in case something goes wrong.

Remember it's better to pass on a deal than it is to take a deal you're not sure about.

There is a lot of free information available to you about buying, selling or investing in real estate. For complete information about the real estate market including current homes for sale, property values and more please visit the most complete website online dedicated to everything real estate, at www.pauldingandpolk.com. Please feel free to contact me with any of your real estate or mortgage related questions and I will be more than glad to answer your questions. Call me on my cell at 404 374 1620 or email me at craig@pauldingandpolk.com

For a FREE List of 3 Plus Bedroom Dallas Georgia Homes under $150,000 with prices, addresses, and descriptions click the link, fill out the form below or call 877 566 0511 Ext. 4010