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Real Estate a good investment
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One of the best answers I’ve heard with respect to the question: are the real estate a good investment? was when I asked Robert Kiyosaki, the famous author of the Rich Dad, Poor Dad How good was to invest in real estate? and his answer was, ‘How good real estate investor are you?Kiyosaki What he meant was that no matter what investment is all that matters is the investor. If you know about the real estate business will have more chances to make money. Now if you know the business how can you recognize?:
1.Si are buying at a good price
2.Si are selling at the best price
3.When is the time to sell because the market is rising or falling in value
4. How to negotiate for the best prices when buying and selling if you do not have the information and knowledge of all the details of the investment?
My personal opinion is that there are good investments, there are good investors, there is good business is good business. For example in Miami where I file many people made ??money during the “boom” real estate buying properties others lost a lot of money. The reason? In most cases KNOWLEDGE.
To recognize whether it is a good investment, you must first be a good investor. This rule applies not only to the real estate but for any other investment.
The following article: SHOULD I INVEST IN THAT clarifies several variants before making such transactions and the book FLORIDA REAL ESTATE GUIDE PRACTICE, which I wrote for anyone who wants to venture into the world of real estate, regardless of where to invest (city or country) identifies several myths when buying a property and some of the mistakes we can avoid.
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