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Business Contractor

Real Estate Investment – Mega Mistakes Made by Newbies

The real estate investment fever is more contagious than Swine Flu. Every single day, a myriad of newbies enter the market, hoping to make it BIG. The rush to real estate investment has gained an increased momentum after the stock market began going in one direction: Down! Many of these real estate newbies are actually experienced connoisseurs of the stock market. After losing their franklins in the stock market, they are now trying to earn their money back in this area just because they have ‘heard’ that real estate is very promising. I have met many of these newbies and here are five common mistakes they commonly make;
1.) A Mega Mistake That Deserves the Electric Chair Treatment: Stock Market Mentality
The stock market crash flushed a 13 figure amount ($7,000,000,000,000!) down the drain. After such an expensive lesson, you would naturally be inclined to think that these investors have …

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Property

Real Estate Investing II – 5 Mistakes You Should Never Make

The last time you had read about real estate investing, you had discovered that there are 5 steps to make profit while playing the real estate game. Although the whole process seems quite easy, it really isn’t so. The real estate market is so unpredictable, thus you can easily lose your money rather gain profits. After having explained what should be done to gain in this market, here are some statements you should never believe in if you want money flowing in your pockets rather than out of it.
Statement 1:”Real Estate Investing Is Just My Hobby.”
So you may have ventured into investing because of the opportunities it has in store, however, you must remember that this is a business, thus you should take it very seriously. Investing isn’t just buying and selling properties, it extends way beyond that to investments in improvements, assuring regular maintenance and more. Treat …