Comments on: Make Money Investing in Real Estate http://www.millionaireacts.com/1151/make-money-investing-in-real-estate.html Escape the Rat Race and Join My Journey to Financial Freedom Wed, 08 Feb 2012 15:12:46 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: aji http://www.millionaireacts.com/1151/make-money-investing-in-real-estate.html#comment-2057 aji Sat, 06 Jun 2009 02:17:31 +0000 http://www.millionaireacts.com/?p=1151#comment-2057 i totally agree with what jay said. to add, don't scorn on the idea of having to pay advisors such as brokers, lawyers and accountants. you need to trust these people as you're going to establish some relationships, but of course you should know what they are doing--as ken mcelroy said, trust but verify. especially for the brokers. it's not that i don't trust them, it's just that sometimes interests need to be aligned first in order to ensure good business transactions. don't be afraid of the costs of hiring lawyers, it is much helpful to hire them especially for contract drafting so you wouldn't get yourself into trouble in the future. :) i totally agree with what jay said. to add, don’t scorn on the idea of having to pay advisors such as brokers, lawyers and accountants. you need to trust these people as you’re going to establish some relationships, but of course you should know what they are doing–as ken mcelroy said, trust but verify. especially for the brokers. it’s not that i don’t trust them, it’s just that sometimes interests need to be aligned first in order to ensure good business transactions. don’t be afraid of the costs of hiring lawyers, it is much helpful to hire them especially for contract drafting so you wouldn’t get yourself into trouble in the future. :)

]]> By: skiper http://www.millionaireacts.com/1151/make-money-investing-in-real-estate.html#comment-2009 skiper Wed, 03 Jun 2009 04:27:22 +0000 http://www.millionaireacts.com/?p=1151#comment-2009 nice article, it sounds easy but finding a low/cheap house to buy is very hard. nice article, it sounds easy but finding a low/cheap house to buy is very hard.

]]> By: Infogle http://www.millionaireacts.com/1151/make-money-investing-in-real-estate.html#comment-1971 Infogle Mon, 01 Jun 2009 09:33:12 +0000 http://www.millionaireacts.com/?p=1151#comment-1971 this information helped me a lot - nice outframe of things. this information helped me a lot – nice outframe of things.

]]> By: Tyrone http://www.millionaireacts.com/1151/make-money-investing-in-real-estate.html#comment-1917 Tyrone Thu, 28 May 2009 09:15:53 +0000 http://www.millionaireacts.com/?p=1151#comment-1917 Hi Mae Lin, thanks a lot for the nomination. =) I' having problems commenting on some blogger blogs because of my browser. Hi Mae Lin, thanks a lot for the nomination. =) I’ having problems commenting on some blogger blogs because of my browser.

]]> By: Mae Lin http://www.millionaireacts.com/1151/make-money-investing-in-real-estate.html#comment-1916 Mae Lin Thu, 28 May 2009 08:44:20 +0000 http://www.millionaireacts.com/?p=1151#comment-1916 hi, i found your blog site really interesting especially when you think that there really is a way to gather millions. i also agree that real estate is a good money maker, but its a one time big time shot, nonetheless, life can be good sometimes and there's no harm in trying. lastly, i hope you don't mind that i sited your site in my nominations for the Top 10 Most Influential Blogger. :-) hi, i found your blog site really interesting especially when you think that there really is a way to gather millions. i also agree that real estate is a good money maker, but its a one time big time shot, nonetheless, life can be good sometimes and there’s no harm in trying. lastly, i hope you don’t mind that i sited your site in my nominations for the Top 10 Most Influential Blogger. :-)

]]> By: Tyrone http://www.millionaireacts.com/1151/make-money-investing-in-real-estate.html#comment-1912 Tyrone Wed, 27 May 2009 23:14:03 +0000 http://www.millionaireacts.com/?p=1151#comment-1912 Hi Jay, I learned a lot with my job experience in a Special Purpose Vehicle before not just when it comes to real estate but also when it comes to loans. There is really a gold that needs to be mined in these kinds of investments if you know how to manage risks. I agree with you that education is the only key in a successful real estate investing venture. The richest persons in our country like Ayala, Henry Sy, and Manny Villar all made their wealth thru a successful real estate business. :) Hi Jay, I learned a lot with my job experience in a Special Purpose Vehicle before not just when it comes to real estate but also when it comes to loans. There is really a gold that needs to be mined in these kinds of investments if you know how to manage risks. I agree with you that education is the only key in a successful real estate investing venture. The richest persons in our country like Ayala, Henry Sy, and Manny Villar all made their wealth thru a successful real estate business. :)

]]> By: Jay Castillo http://www.millionaireacts.com/1151/make-money-investing-in-real-estate.html#comment-1907 Jay Castillo Wed, 27 May 2009 11:44:52 +0000 http://www.millionaireacts.com/?p=1151#comment-1907 Hi Tyrone, nice article. I'm glad that you used to work for a Special Purpose Vehicle (SPV-AMC) company before which means you know about the great opportunities out there for investors who invest in real estate the way we know it. Finding properties that are way below market value (foreclosed properties and those from highly motivated sellers) and flipping them for a profit or selling them on a rent-to-own basis, or simply having them rented out for positive cashflow is a great way to build wealth and passive income, and this is based on actual experience. - By the way, education is the key for a newbie real estate investor to avoid scams. From fake titles, fake buyers/sellers up to one-sided joint ventures, there are really a lot of nasty people out there who will do all they can to take your money. However, if one is well equipped through education, and well informed, these can be easily avoided. Oops, sorry for the long comment, I'll stop now before this begins to look like a post on my blog. =) Hi Tyrone, nice article. I’m glad that you used to work for a Special Purpose Vehicle (SPV-AMC) company before which means you know about the great opportunities out there for investors who invest in real estate the way we know it. Finding properties that are way below market value (foreclosed properties and those from highly motivated sellers) and flipping them for a profit or selling them on a rent-to-own basis, or simply having them rented out for positive cashflow is a great way to build wealth and passive income, and this is based on actual experience.
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By the way, education is the key for a newbie real estate investor to avoid scams. From fake titles, fake buyers/sellers up to one-sided joint ventures, there are really a lot of nasty people out there who will do all they can to take your money. However, if one is well equipped through education, and well informed, these can be easily avoided. Oops, sorry for the long comment, I’ll stop now before this begins to look like a post on my blog. =)

]]> By: GoBusiness101 http://www.millionaireacts.com/1151/make-money-investing-in-real-estate.html#comment-1903 GoBusiness101 Wed, 27 May 2009 07:18:16 +0000 http://www.millionaireacts.com/?p=1151#comment-1903 This is not to discourage you, that real estate is a stagnant market. This is not like a food that buyers keep on buying. But to make things positive, there are alot who made their wealth out of this. This is not to discourage you, that real estate is a stagnant market. This is not like a food that buyers keep on buying.

But to make things positive, there are alot who made their wealth out of this.

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