What is the best tip you could give to someone when buying real estate in this down economy?
If you are an investor, buy for cash flow, not "appreciation" or flipping. And, consider that rents CAN go down. Could you handle negative cash flow?
If you are looking for a home, make sure you can afford it and will be able to continue to afford it. Do not count on appreciation. Do not use it as a piggy bank to raid equity. Do not get an ARM. If you cannot get what you need at a good price and good terms, stay renting. And do not pop out litters of kids until you can actually afford them and a house.
by Sekharg7 years ago
I see lot of houses for sale.I heard interest rates are lowest.Is it a good idea to buy a house now?What do you think?
by Wendy Iturrizaga7 years ago
Good morning HubMobsters:A big thanks to all of you who took part on last week's HubMob. I was happy to see so many new HubMobsters joining in the fun. For this week we are going into more serious Hubs, the...
by David Stillwell6 years ago
what forms of investments do you see as positive in this economy?
by philClaeys6 years ago
What are the steps in buying real estate?Real Estate tips.
by Bredavies8 years ago
There is this man on tv right now. He has a book called "Be a Real estate Millionaire" And he claims that you can make money off of real estate with NO MONEY by buying is book.. hahahaSo has anyone read the...
by PinotsHub6 years ago
What is the best car for a real estate agent to drive? Why?
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