The emotional investment in one’s property at sale time can mean the difference between accepting what is reality and practical in real estate and what is not.
How many years will it take to get 100 million dollars through real estate investing?
It depends on your knowledge of real estate investing (at least the basics) and tactics and the right strategies that you need.
Investing in real estate is the best form of investment and is no doubt very lucrative. But, planning is key.
Planning is crucial to real estate investing. Without that you’ll stumble and fall and loose on your money. You want to make sure that the investment property to choose matches your financial goals. For example, you choose rental properties as your investment property if:
- You don’t need money quickly
- You want steady stream of income
- Your investment is not mature enough for sale
So, whatever you pick should be a choice not made on your emotions but on the numbers and the figures you’ll earn and at all costs it should match your short-term and long-term investment goals.
You can make money from real estate investing, If you avoid the commonly made mistakes that others in the industry usually make. Here!
And, for everyone who has just started out and/or planning to step in real estate investing but don’t know the basics or right directions; this is for you:
Negotiating a real estate deal while investing plays a huge role, just to let you know. How you negotiate will determine the fate of the investment property and the money that you can save.
Good luck! 🙂