Thursday, March 27, 2014

Five Questions Before Investing in Real Estate


Investing in real estate is different than investing in mutual funds or gold coins.  Before you get yourself in a situation you are unsituated for (like that turn of phrase?), you need to ask yourself five things:

  • Do you really know what you’re getting into? 
  • Do you understand how real estate fits into your investment profile?
  • Have you explored the risk factors?
  • Are you asking the right questions?
  • Are you in it for the long haul?

Actually, these five questions come courtesy of the Bigger Pockets blog, which I continue to recommend to you if you are interested in any aspect of real estate investing.  The amount of content there is extraordinary.