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Real estate
What you must need, before getting into real estate investment.
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[QUOTE="Mastergp, post: 296867, member: 85422"] [HEADING=2][/HEADING] Before getting into real estate investment, it is important to have a clear understanding of your financial situation and goals, as well as a solid plan for how you will finance and manage your investments. It can also be helpful to have a good understanding of the local real estate market, as well as any relevant laws and regulations. Additionally, it is important to have a network of professionals, such as real estate agents, attorneys, and accountants, to help you navigate the process. Finally, it is essential to be prepared for the time and effort required to research and evaluate potential investments, as well as to manage and maintain your properties. Additionally, it is important to have a good credit score and a stable income, as these will be important factors in obtaining financing for your investments. It can also be helpful to have some experience in real estate, either through personal experience or through education or training. Some investors may choose to start small and gradually build their portfolio, while others may choose to invest in larger properties or multiple properties at once. It is also important to be aware of the risks involved in real estate investing, and to have a plan in place for managing those risks. This may include diversifying your portfolio, setting realistic expectations for returns, and having reserves or contingency plans in place. [/QUOTE]
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What you must need, before getting into real estate investment.
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