Research and Network

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Starting Real Estate Investing can be daunting, overwhelming, and simply scary. You buy in to what everyone says, after all you don’t know anything about the subject. Most people don’t know enough about Real Estate to discuss the pros and cons but still you buy into what your friend, the one who never bought a property, tells you. Typically, it goes like this “My uncle did real estate and went bankrupt, so it’s bad and you shouldn’t do it.” Why do we buy into that crap? It has to do with the lack of credible information. The simple solution is to do your own research and verify it. As well as talking to those who actively participate in real estate investing, and again verifying the information that they give you is actually true. Something I learned when it comes to people who contribute or have a significant impact on your finances is that you always need to verify their credibility, after all, the advice they give you is affecting you and not them. I don’t know about you but I don’t want to leave my money in the hands of a self-proclaimed Rockstar. Another thing to watch out for are those pesky “gurus” who scam people with their get rich quick schemes. Anyone promising you instant results along with a secret solution to all your problems is more than likely there to take your money and leave you just as clueless as when you first started. If there is one thing to take from all this is just start; start by figuring out what exactly is it that you need to do in order to be successful. Again, you can do this by looking it up on the internet or talking to an actual investor, but do not forget to verify its credibility. Push the Fight!