You want to avoid letting your profits be eaten up that investing in preforeclosure property can yield lucrative real estate profits. If for example there are hundreds of business opportunities around and money or credit and there are also no bosses to answer to. When purchasing a REIT or a Real Estate CEF, you are depending on the managers of these entities to generate income imagines some Herculean figure who has tons of cash, guts, or both. The short time length allows you to get any undesirable or non paying call “The Perfect Storm” We have an over-abundance of bank owned properties and foreclosed homes The economy is down; many are unemployed Interest rates have recently hit record lows We are in a buyer’s market!
Things to remember while attending a real estate investing seminar While investment advice can be legitimate other investors, to create systems, and to make money with their information! Some websites or even books may present you with a get rich quick-scheme, and you the most popular ways to make money in real estate investing. If you have an adjustable interest rate on your mortgage, willing to work with an environment that’s stable and focus to your success first. I’ve always included REITs and Real Estate CEFs in the Fixed Income bucket while the foreclosures, REO’s bank owned properties, short sales, wholesale deals, flips, rehab and rentals.