I'm RICH BEAAATCH.

[Cold Truth]

ok, not really. not yet, anyways.

a friend and i are jumping in on a dirt cheap real estate market. anyone with any sound advice and/or experience would be helpful.

we've talked to a handful of people from real estate agents and people whove bought and sold, read a few books and are keeping up with current news on the matter, as well as with stocks. so we are educating ourselves as much as possible on the matter, and any and all input on the real estate business is welcome.

 

[Shonsteez]

All I know is u can make a grip if u do it right cuz my wifes brother is doing really well from flippin houses but we never really see him so i dont got any insider info for u.

Good luck tho homie!

 

[shadeed]

ok, not really. not yet, anyways.

a friend and i are jumping in on a dirt cheap real estate market. anyone with any sound advice and/or experience would be helpful.

we've talked to a handful of people from real estate agents and people whove bought and sold, read a few books and are keeping up with current news on the matter, as well as with stocks. so we are educating ourselves as much as possible on the matter, and any and all input on the real estate business is welcome.

If you're going to jump into real estate seriously, I advise you to incorporate.

 

[skidflow]

You starting out on a good note by buying cheap. Not much of a realtor here...all I know is it is a big responsibility upkeeping a house...even bigger when you someone elses landlord...but hey, its a gift and a curse to everything. Get it how you live...cant knock you for it. Just be careful. Now its your job keeping up with the economy.

 

[Relic]

Ill-estate.com

 

[2GooD Productions]

Id say hold out for a few more months, wait till prices bottom out.
Next year the economy is going to take a real dive, like it hasnt already.
The key to maximise profit is getting the timing right.
Its still too soon IMO.

 

[dacalion]

ive done pretty good so far. im far from being rich but i havent worked for anybody else in the past 2 years. the key is money management. if you can resist blowing a few grand after each sell youll probaally be ok but its hard to sit on a good profit. i also suggest that you go a step beyond and add some extra amentities to get a better resale value...people are looking for those extra little things that make a house special likea column or two in the house or whatever...just dont get in too seep, leave room for them to use their imagination. 1 final suggestion, try to build a name/reputation...in otherwords, have people thinking they are getting somwthing special when they buy one of your houses versus buying from someone else, they will send people looking for you and thats a good thing.

good luck and drop me a pm if you want some more tips

dac

 

[MagnaOpera]

Property inspection is key!!!!