| How to start a real estate buisness life |
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Elmira Nancy
Preferred Member
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Joined: 01 Dec 2009
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| How to start a real estate buisness life |
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what are the basic knowledge to start buying real estate and where can I got what kind of property is the best to start from the scratch on real estate(houses,department,restaurant,land…
thanks in advance
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Wed Dec 02, 2009 5:16 am |
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askmr
New Member
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Joined: 02 Dec 2009
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you have to have a capital to start with, you can start by buying low cost house & begin to market it..
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Wed Dec 02, 2009 1:12 pm |
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oldguy
Senior Member
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Location: arizona
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I took the state real estate classes - it provided real estate law, mortgage types & amortizations, basic landlord laws, and a host of local knowledge and war stories about what to buy and what NOT to buy. I consider those classes to be a major part of my success.
It was about a 3-week series of night classes, about 3 nights a week, about 3 hour sessions. Cost only about $300 at the time. That was about 30 yrs ago - so the class requirements (and state to state laws) have probably changed somewhat.
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Wed Dec 02, 2009 3:44 pm |
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Robertspeicher
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The community surrounding the income property can change in a variety of ways that adversely affect your real estate income property. Increasing vacancy, for instance, can lead to reduced rents, which in turn means reduced maintenance causing building deterioration, in turn causing the whole neighborhood to slip into decline and therein triggering a domino effect that simply compounds the problem. The nearby construction of facilities such as sewer treatment plants and airports will also likely have an adverse effect on the area. Also, perhaps more subtle and slower in coming, is a decline due to increased crime, perhaps resulting from an adjoining neighborhood spill over.
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Thu Dec 17, 2009 9:34 am |
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PreferredStaging
First Time Poster
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| Find a job in real estate that pays you first |
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Learn the industry while making money. Find those who are successful and imitate them. Jumping into investing before you know the ropes is the hardest way to succeed.
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Sun Jan 03, 2010 5:13 pm |
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alexender
Contributing Member
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Joined: 06 Feb 2010
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Real estate business basically needs capital and contacts if you have a good mixture of both than truly it will be helpful in making the business a great success.
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Thu Feb 11, 2010 2:05 pm |
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sebi123
New Member
Cash: $ 1.15
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Joined: 25 Jun 2009
Location: India
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I took the state real estate classes - it provided real estate law, mortgage types & amortizations, basic landlord laws, and a host of local knowledge and war stories about what to buy and what NOT to buy. I consider those classes to be a major part of my success.
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Fri Feb 19, 2010 6:06 am |
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Anarion125
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Location: Everett, WA
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quote:
Originally posted by alexender
Real estate business basically needs capital and contacts if you have a good mixture of both than truly it will be helpful in making the business a great success.
I completely agree. It's not what you know, it's who you know.
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Tue Mar 30, 2010 3:05 am |
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david1987
Full Member
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Joined: 19 Dec 2009
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I think if you are serious to start this business, you should start a training on real estate & have a good amount of money, than think about it. because its very necessary to keep the basic knowledge.
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Sun Apr 11, 2010 6:33 am |
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john milton
Member
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Joined: 12 Apr 2010
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basically the real estate business needs capital,and you have enough contacts in this field, then you can grow in real estate business field.
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Fri Apr 16, 2010 8:02 am |
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jinosbrovens
New Member
Cash: $ 0.60
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Joined: 07 May 2010
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Talking in regards with property real estate, for starting a investment in real estate you will first do finding the best property for eg. commercial or residential or vacant plot.To saw nearest area of this property. how airport ,railway station and market far from this property.
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Fri May 07, 2010 9:08 am |
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jacobbon
New Member
Cash: $ 2.00
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Joined: 11 Jan 2011
Location: Arizona
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The real estate market and real estate investment goes in cycles, and what works today, may not work tomorrow. So I must say that one should invest very carefully. Create a plan for your real estate investing. Choose a market, and go after that market. If you want to make great profits, it will take time, consistent effort, and a stubborn attitude to get things done, and never give up.
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Wed Jan 12, 2011 6:25 am |
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jacobbon
New Member
Cash: $ 2.00
Posts: 8
Joined: 11 Jan 2011
Location: Arizona
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The real estate market and real estate investment goes in cycles, and what works today, may not work tomorrow. So I must say that one should invest very carefully. Create a plan for your real estate investing. Choose a market, and go after that market. If you want to make great profits, it will take time, consistent effort, and a stubborn attitude to get things done, and never give up.
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Wed Jan 12, 2011 6:26 am |
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