What defines and amateur real estate investor?
- They look for the easy buck.
- The outbid the real market because ‘everything is going up’
- They have no exit strategy
- They do very little real analysis
When amateur investors get in and buy too high, it creates a false market. Amateurs usually do not have cash flow which sets up a downfall or ‘crash’. When this crash occurs the amateurs usually have to sell off at a loss. This is when the experienced investors step back in and buy cheap.
Bottom line is don’t be an amateur. Hire good advisers (real estate agents, lenders, inspectors etc.) and make sure you have cash to sustain you during the down times. Real Investors buy and hold and then buy up with tax exchanges or cash from other investments.
Let us manage your investments today and advise you on what the good buys are for todays rental market and tomorrows selling market.
Professional Services at reasonable rates
