 | ||
Investing AdviceForum overview » Do you want Investment Advice? » Investing Advice 
 
 jacob11
Posted 2007-06-12 04:43:19 Hi everybody. If anybody could point me to the right direction it will be greatly appreciated. I'm a 20-year-old male who is interested in REI. I have the startup money, but I’m wondering what should I do to start? I've studied and read books. I have some knowledge, but now I want to get into action.
andrew2
Posted 2007-06-13 00:19:47 The first thing you need to do is to understand very well the market, neighborhoods and the property type you will be investing in, their idiosyncrasies, current situation, and dynamics that is where prices and rents are headed (up or down) - if you are going to be investing in what I call "bargain" properties you need a mentor experienced in this type of investing (I am not one of those) because you will encounter many details turns and situations that are not described by books...You may check out the site www.getrealrei.com for information and guidance. Get a good feel of the market before doing anything. Best of luck
lucas_in3
Posted 2009-10-08 03:37:20 buy low sell high. but seriously it all depends on your level of risks you are comfortable with. and how long you want that money to invest. those that generate high yields are usually riskier that those that don't. the safest investments are us treasury bonds which are as safe as the US government. the riskiest are futures where you can make a ton of money or go broke in a day. you may want to put 50 percent in index mutual funds and 50 percent in bonds or mix and match depending on your risk preferences. no one can guarantee that you will make money, beat inflation or the market. with the economy in shambles you may want to invest in stocks like companies that makes canned soup and depression medication  Stilbaai Properties
Ramoone
Posted 2010-01-07 06:47:20 Real estate investment is not easy. First you should identify whether current market conditions allows you to make profit from REI. If yes, you could start find a property to buy. Check on your neighborhood. So people sells property in an emergency. So you could buy for lesser amount. You should able to negotiate well. Then you can do modifications or build a house, apartment. Finally you should be able to find the market for your property. If you are very new to REI, you can get advice from a REI consultant. london office space
| ||
| ||
Related threads Real Estate Investing Strategies | ||
| ||
| ||
Legend View profile Mark this post as solution (topic starter only) Reply with quote to post Edit post Delete post (admin only)
|
||
|