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a third. Let's assume, for the sake of this article, that your intent is to flip the property for profit.Test 1: The Neighborhood TestBefore you invest another hour, do yourself a favor and take stock of the surroundings. The old saying in the real estate business that the three factors in selling a home are 'location, location and
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and made money.
There has been alot of talk lately about a real estate bubble.
It wil be interesting to see if recent home buyers will keep
their price gains. I believe prices to stabilize in areas that
are forecasted to have large population growth, like Sarasota,
Florida.
In my area almost every property has a negative cash flow if you
purchase using a
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prosper over the next year or so. However, if you read the
business pages regularly, you'll have a much better idea of
where to buy/invest.
2. Learn the market. This is also essential. You've got to know
what's out there, what houses are going for and how to spot a
bargain from the overpriced. When you find your bargain, you
probably won't have much
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