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Craig Summers’s Step by Guide to Investing in for Beginning Investors

Posted by RCPAP on January 1, 1970
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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