If you are serious about making money through the inevitable "thick and thin" of real estate investing, then you need to think about multiple income streams and a wider distribution of the potential risk factors which go with every investment.
The secrets of successful real estate investing were not taught to me by a guru and did not come to me in a moment of enlightenment. Instead I gleamed each one through trial and error and hard-earned experience gained through actually making mistakes and learning from them.
That's right! In the path I took I had some luck along the way, but most of the time, I made mistakes, learned from them, and applied what I learned to the way I invest. In order to do that, I left nothing to chance.
The reason I put in so much hard work is because, I knew I was working towards very specific targets and very specific ideas, and I was learning the shortcuts, and what I should be looking out for each time I closed a deal.
What I realized is that if you handle them properly, are careful how you invest, and know how to set up a remote management network, so that you do not have to deal with a single tenant--EVER, multi-family properties can be a fast-track on the road to financial success.
Multi-Family Dwellings Make Good Financial Sense
15 years ago
2 comments:
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