I don’t traditionally initiate too many posts but with a little pushing from Marcus et al I am going to post the story of my real estate investing so far.
Today the bailiff rang and said be at your house in 10 minutes for the eviction. Goodness that was fast I said. I only lodged the application on two days ago. I had told the court staff that the nice tenant had a six year old and a new born baby.
A leading property investor has questioned why people on above-average wages cannot afford to buy a home after a report predicted dramatically falling home-ownership rates.
Propertytalk.com members have come up with these guidelines. This way you should get the maximum benefit from attending any seminar. So what are important guidelines one should follow when thinking of attending a seminar?
Landlords should check their bank account every morning before the start of business. Any missed rent payments should be dealt with immediately.
So you didn’t win millions in the big lottery, but then neither did several million other people who during the last week poured enough money into the prize pool for retailers to notice a dip in their sales.
The golden component of property investment is a concept called ‘passive income.’ For most people on wages or a salary, work is all there is. I.e. except for paid holidays, no work = no pay.
Many beliefs and attitudes were developed when people were very young. They watch and learn lessons from parents, other family members, friends and teachers.
Arguments about money are a frequent cause of breakdown in life partnerships and can be just as destructive in a business relationship.
Could you survive without your next wage/salary payment? If you’re not sure of the answer, you need to assess your budget now. Not being able to survive a missed wage/salary payment is just one warning sign you may be heading for financial trouble.
An essential is a pre purchase check list for buying property for investment purposes.
Property investment is a business and must be treated like one. Whether residential or commercial, a new property investor is now ‘in business.’