Wednesday, April 05, 2006

Investing in the housing market.

There is a good little post on the front page of MSN.co.uk this morning Top ten tips to profitable property. It is for the UK but I think the basics are the same in real estate investing in the US.

The best point for me is this:
Be an individual thinker. Letting agents know what they can let properties for
and know about collecting rents, not about making money. If an agent says you'll
never let a property in that area, don't believe him. There is a housing
shortage in this country.

People who are experts in their field can often make mistakes with things closely related to their field. This is what is so great about entrepreneurs, they have a wide knowledge of business in general and the best entrepreneurs could make business in any field.

The post is worth a read if you are interested in investing in the housing market.

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