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April 8, 2019
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April 24, 2019
We found this article on Investopedia that we have to share: https://www.investopedia.com/articles/investing/090815/buying-your-first-investment-property-top-10-tips.asp
Investing in real estate has produced some of the world’s wealthiest people, so there are plenty of reasons to think that buying property is a good investment.
However, the reality is different. Make sure you think ahead, before you cannot go back.
Here are 10 Tips that Investopedia has for you to think about.
- Make Sure It’s for You
- Pay Down Debt First
- Get the Down Payment
- Beware of Higher Interest Rates
- Calculate Your Margins
- Don’t Buy a Fixer-Upper
- Calculate Operating Expenses
- Determine Your Return
- Get a Low-Cost Home
- Find the Right Location
Learn more to read the full article here: https://www.investopedia.com/articles/investing/090815/buying-your-first-investment-property-top-10-tips.asp
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