- If you don't know your numbers then you don't know your business
- In the USA real estate is a highly favoured investment under the tax laws.
-Appreciation will cover some of the investors mistakes.
-Don't believe that its possible to get in the very bottom of the market, building value from real estate development over time takes not only skill but expertise.
- Know intimately the area of city or town you choose. Understand and know well your preferred type of real estate investment.
- Recognise the signs of a declining neighbourhoods.
- You will be better off giving up a little ground and generating some good will and resolving any disagreement before it becomes too serious.
- As Benjamin Franklin once said" "Due Diligence is the mother of good luck"
- Have your team lined up before you make an offer.
- The property management company you choose it will the key member of your team. Find the best one you can and work with them closely.
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