My "10 Simple Rules to Real Estate Success!!"

This business isn't that difficult really. Just follow these rules I use. 

"10 Simple Rules to Real Estate Success!!"

1. Take risks, but don't risk money that you can't afford to lose.
2. Don't have "analysis paralysis", find a good deal and buy it.
3. Learn to find ARV value & estimate repair needs fast on the go.
4. NEVER EVER PAY RETAIL!! Always buy lower than 70% ARV, with the only exception being if its turnkey in premium area.
5. Never accept the first offer below your asking price when selling, holding out for more offers, or negotiating the price can make you millions over the years.
6. Don't overleverage yourself, and your credit. There will be another RE Crash eventually!!
7. Don't get emotionally attached to properties.  What is a house? Its a stack of wood, and other raw & man made materials, stacked uniformly on a piece of land.
8. Its either a deal or its not, don't try to talk yourself into deals just because terms are good.
9. Have a plan and stick to it, but be willing to adapt it along the way.
10. Most importantly always remember to figure in the cost of your TIME, the most valuable thing you have.

Good Luck, Keep Grinding and hitting Home Runs!! – JeffFilali.com - (OklahomaCashHomeBuyer.com)