Real Estate Investing

Real Estate Investing is by now the last investment people is considering to do due to the mortgage and housing crisis. But the truth is that no one wants to rent if they can buy, and having their own home is part of the American Dream. Real estate investment can get tricky and contains many traps. One of these is for example, the house that is not worth fixing and should be demolished down instead. Small houses built in between the 30s and the 40s with not standard building materials and practices. A house poorly built can be a nightmare later on. There are many of investors that are new into the game of the slum business. Slum owners get old and think of retirement, so they decide to sell their houses. But the issue is that many of these houses are sub standard and many are condemnable. There have been many people that fall into this pitfall.  When talking about real estate investment, investors have to make sure that money invested remains invested for an indefinite amount of time.  If a house is worth investing in, someone will eventually want it and buy it. But a mistake that many investors do is buying two houses when they can only pay for one. And at the end the one of the houses ends up selling at a loss to get out under the mortgages.

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