Skip to main content

What Top Real Estate investors Do (Part 1)


This article Xrays the habits exhibited by the World best Real estate investors who have carved a niche for themselves in the business the likes of Wang Jianlin,Michael Otto,Lee shau ke.
Apart from Joint ventures,wholesaling and property management are just a few of the ways investors can profit from real estate, but it takes a little savvy to become successful in this competitive arena. While certain universities do offer coursework and programs that specifically benefit real estate investors, a degree is not necessarily a prerequisite to profitable real estate investing. Whether an investor has a degree or not, there are certain characteristics that top real estate investors commonly possess. This slideshow will identify 10 habits that highly effective real estate investors share.

Planning
Real estate investors must approach their real estate activities as a business in order to establish and achieve short- and long-term goals. A business plan also allows investors to visualize the big picture, which helps maintain focus on the goals rather than on any minor setbacks. Real estate investing can be complicated and demanding, and a solid plan can keep investors organized and on task

Honesty
Real estate investors are usually not obligated to uphold a particular degree of ethics. Although it would be easy to take advantage of this situation, most successful real estate investors maintain high ethical standards. Since real estate investing involves people, an investor's reputation is likely to be far reaching. Effective real estate investors know it is better to be fair, rather than seeing what they can get away with

Market knowledge
Effective real estate investors acquire an in-depth knowledge of their selected market(s). Keeping abreast of current trends, including any changes in consumer spending habits, mortgage rates and the unemployment rate, to name a few, enables real estate investors to acknowledge current conditions, and plan for the future. This enables investors to predict when trends may change, creating potential opportunities for the prepared investor.
Mak-Meg properties Co
Follow us on Twitter @mak_properties

Recommended book for the week-The unofficial guide to Real estate investing by Spencer Strauss

Comments

Popular posts from this blog

Advantages of buying from Real estate companies instead of Omonile

Real Estate developers give you the advantage of paying on installment. Up to  6 months or even more in some cases. You can't try that with Omonile. They take their money outright.

Real estate companies gives you the advantage of buying while you wait. ie you can buy now and develop in ten years in as much as you clear the area regularly
 Real estate companies perfect titles.  Wetin concern Omonile with title. OYO
Land may be cheap when you buy from omo Onile but the trouble you face after full payment of the land is unquantifiable.

 You don't pay developmental levy when you buy from omo Onile, but the type of trouble they cause when you want to start building is not small and as a matter of fact you might even spend double the price you bought the land or loose the land you bought with your hard earned money and sweat.

Honestly I won't advice my enemies to buy from Omo Onile, let alone my friends!
Call me today! 08034113771 (or WhatsApp +2348027390046)
What is LAND BANKING?

I just felt this should add to our knowledge and equip our Real Estate understanding and asset investments.

The name "Land Banking" implies almost exactly what it is. Rather than putting cash into a savings account (where it will earn a maximum of 1% interest every year) or the stock market (which has become increasingly unpredictable in recent years), some entrepreneurs have taken an alternative approach by acquiring LAND and in doing so, they have chosen to park their cash in a tangible, fixed asset – one that cannot be broken, stolen or destroyed.

Vacant land gets ignored by most new investors because let's be honest – it just doesn't sound that exciting. Unfortunately, this causes most people to overlook a lot of the advantages that land has over traditional real estate investments (e.g. – houses, apartment buildings, commercial properties, etc.). Unlike most residential and commercial buildings, land costs virtually nothing to own… no utili…