Getting Started

By scottgunn

For most of us, time is a precious commodity.  We have family, work, numerous commitments . . . oh yes, and we need to employ some kind of investment strategy if we are ever going to get out of the rat race.  So, for those of you working at becoming real estate investors, one of the first things you should do is choose a farm.  No, I don’t mean buy a farm!  Although that is real estate :)

 In real estate, your farm is the main zip code or zip codes that you need to know like the back of your hand.  Actually, it’s best to start with particular subdivisions and then branch out into the broader zip code.  Why do you need to know your farm so well?  Because in real estate investing, the window of opportunity for an excellent deal is only open for a little while, and you want to have done your homework so that when the opportunity presents itself, you can jump through that window, and get it under contract.  More on working your farm in my next real estate strategy tip . . .

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