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The Complete Idiot's Guide to Real Estate Investing Basics by George G. Sheldon, David J. Decker

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Chapter 5
Before You Start Looking
In This Chapter
• Finding the right investment properties
• Recognizing good and bad deals
• Learning when to buy or pass on a property
• Knowing the best locations for investment properties
 
Once having made the decision to get into the real estate investment business, there can be an overwhelming temptation to start quickly and buy any property that looks tempting. Before jumping in, ask yourself a question. How did you go about buying your last car? Were you just tooling down the street one day when you spied that gleaming new model in the showroom window and you just had to have it? Maybe you pulled right off the road and thirty minutes later that beautiful new car was yours. Most people would say you did nothing ...

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