Maybe I’m wrong; perhaps these zero-cash-down deals do occur (I am not privy to all the universe’s information). But I would wager that they don’t occur nearly as often as the get-rich-quick seminars would have us believe.
Another important factor is that you should be able to keep your finger on every aspect of your investment. Keep a good idea about the proportions and layout of your investment. Maintain a good balance in your portfolio. be wary of the so called “Paper Investments”. Do not become overly dependent on them as a downfall in the market could easily lead to major troubles for your investment. Keep a careful eye on such investments and do not let them dominate your portfolio.
People behind a real estate investment must be good in purchasing and selling realties. They must buy, develop, appraise and sell lands, houses and buildings wisely in order to do business productively.
Second, know what your options are. You do not necessarily have to sell the property investment right after you purchase it. One good thing to do with it is to wait until the value of the real estate increases – and that is when you sell the property. At times, it is worth biding your time while you patiently wait for the industry to boom to make better profits. This is also a two-fold winning situation since as you wait the value of the property goes up higher and higher and you can even make some decent income out of renting it while waiting for its value to rise.