Tuesday, November 27, 2007

Are You Disturbed?

If you are in the Real Estate investment business, you may feel the same as some of the people I have been meeting lately. They have invested in homes other than their primary residence and now find themselves in a situation that leads to huge losses and even foreclosure of some of their properties. These people are difinitely disturbed by the happenings in the industry.

The question is: how could they avoid such a disaster from happening again? My answer is based on asking more questions about how did they get into this situation in the first place? Did they do their research into the market? Were they aware of the rumors in that marketplace? Did they protect their assets through the proper use of a corporate structure? What they do to educate themselves before making that purchase? and finally, did they buy without knowing the downside?

Real Estate markets will always go up and down and before investing it is important to do some analysis ahead of purchasing. I know it is difficult not to jump on the bandwagon and get into the buying frenzy along with everyone else, but getting a good education and working with the right team will help to lessen the pain of a down market.

It all comes down to the term "look before you leap" and "diversify". When one market is up, then another one is down - the trick is to find out what is down and then make your purchase.

You can educate yourself without a great deal of expense by buying a membership in such sites as www.WealthClasses.TV - they educate you and lead you to the experts that can help. Don't waste another dollar in a depressed market without getting the education you need.

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