Added: 7 months ago
From: reiclub
Views: 8,165
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  • You CAN'T loose something you never had. So, if you buy at 100,000 the market goes up to 120,000 and u sell at 105,000 u didn't loose 15,000 because you never had it to begin with. The potential was there but you didn't act on it so you never had it to begin with. You can't loose something you never had in the first place...

  • @bdot21 If you are referring to the price going up after you sold it at $105K, then I would have to agree with you. But if what you are saying is, you priced it at $105K when the market clearly stated $120K, then you did lose money on the deal, because you could have made an EXTRA $15k if priced correctly.

  • com

  • He is correct. I've found something that has helped as an investor, entrepreneur, As well as my business and retirement portfolio. Here's a link if you want to check them out. rafaelnegron.strongbrookoffice­.

    Thanks reiclub. You have taught me alot.

  • THANK YOU - GRASIAS - :o)

  • Buying a home now is just dumb and ignorant. With the debt bubble happening soon in 3-4 years. there will be higher unemployment and interestes rates to hike.... housing will take another %20 hit....

  • Hey Frank,

    Great Video.. What program (manage your real estate rental properties) software would you recommend to use as a part of doing your own Property Management. Thanks & Great Job!!

  • @kd4slm - Hey! If you go to reiclub.com and go to the left "site navigation" toolbar. You can check out all the programs we carry, there's a lot. Let me know if you can't find what you are looking for, so I can further assist you.

  • I would like to chat with you, do you have a contact number?

    

  • @rbbellejr - shoot me a personal message and I can contact you.

  • Great video. I will be investing in Manhattan, NYC (rental property) and found your video helpful. Thank you!

  • I just got my first rental home and tenents. Any advice.

  • @banglafeed - As of now I have 3 of my own, but my family business owns 35+ rental properties that we manage ourselves. No management companies.

  • the banks are still holding out on a lot of foreclosures and will have to dump them soon..i think theres gonna be another drop in real estate prices so i wouldnt count on "appreciation" when purchasing a rental in the short term

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