Before you make your next investment—that is, before you decide whether to use that $20 bill in your wallet to buy this book or to order a pizza—it would be a good idea to ask yourself if you’re at all serious about wanting to make money investing in real estate.
You can make a lot of money investing in income-producing property. You can also make a little money when, with some better preparation, you could have made a lot. You can even lose money in real estate when, in fact, you could have made, both literally and figuratively, a great deal.
Well-worn clichés assure you, “Hey, real estate’s a no-brainer. After all, they’re not making any more of it. You can’t go wrong, right?” Wrong.
In real estate, as in life, there is a right way ...