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Real estate
How do you recognize a good real estate investment opportunity?
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[QUOTE="Alexandoy, post: 199512, member: 25510"] To be frank, I have no experience in real estate investment except my first lot that I bought and later sold. Our own home is also considered a real estate investment but other than that I have no more to say. Real estate investment is only for the moneyed people because whether you admit it or not that investment for real estate is huge. You cannot invest $1,000 unless you are a stockholder only to buy stocks of a real estate developer or maybe you can put your money in scam sites but that is an exception. With recognizing an investment opportunity, you have to be careful because that is the territory of scammers. They can show you their computation to convince you to invest in their project. Anyway, my take on the opportunity is to focus on the property and check the cost versus the potential profit within a year. That can give you a start in the assessment. [/QUOTE]
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How do you recognize a good real estate investment opportunity?
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