Buying and selling real estate is one way to guarantee an interesting business career – but it is not without its drawbacks. One of those drawbacks, the significant risk factor, is part of what makes it interesting. But if you can play the game well, you need never become one of the many people who…
More infoBuying real estate is always loaded with questions and variables, and it takes a confident and decisive individual to get it right and make a profit. It can be an even more vexed question for those who are looking to buy commercial real estate. When you are buying and selling a house, the important issue…
More infoThere is a Latin phrase – caveat emptor – which essentially, in English, means “buyer beware”. The message intended in those two words is that anyone purchasing the item so labelled needs to be careful. The price may look like a steal, but ask yourself before you go any further”, who is doing the stealing,…
More infoWhen investing in property, if your goal is to make a profit you have to take into account what kind of profit you want to make. Some people will say that it is easy to make a profit, if by profit you mean a small one. Buying a house cheap, and doing the minimum necessary…
More infoOne problem that seems to arise more than almost any other when people try their hand at real estate development is a kind of tunnel vision. This happens when people buy a house with the intention of carrying out work on it, and decide that there is only one way to go with that work…
More infoWhen someone tells you that there is good money in real estate, they are not going to be telling you anything new. We all know that there is profit to be made there, and no-one will get any medals for breaking the stunning news that it can be a lot of money. What we need…
More infoFinding a house at a decent price can be troublesome for the first-time real estate developer. Without a doubt, there are bargains out there, but it depends how far “out there” you are prepared to look. Real estate vendors will usually put the houses where they stand to make a decent profit front and center,…
More infoWhen you are making your first steps towards becoming a real estate developer, it is often helpful to start out with a deal that is financially supportable. Frequently, you will see a house appear on the market that looks like it will need a lot of work – it may have been lying vacant for…
More infoOne of the classic rules of business is that you cannot let your emotions cloud your judgement. If you do, you end up making decisions based on a biased view and not on the facts of the situation and the potential upside of any deal. The danger of this is that you can take a…
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The real estate sector can be a very lucrative place to do your work, and at the same time carries major risks. This risk / reward balance is one reason why it is one of the major places for speculators to make their money. If you get it wrong, you can end up losing nearly…
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