1st Rule of Real Estate
Real estate investing can come with a lot of glitz and glam when someone first steps into the arena. There are so many shiny objects that float by everyone's eyes and it is hard not to be distracted by why someone really is there. Real estate investing is about making money. In order to do this, no matter what strategy you apply, course you take or deal you get into, you have to BUY LOW. You make your money when you buy is the first thing you learn and is applicable on every single deal for the rest of your life. If you buy low, you can make money, if you buy too high, it won't matter what kind of strategy you try to use as you will lose money.
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