Everyone Is Investing In Real Estate
Seemingly, there is a tremendous amount of "rookie" investors jumping on the bandwagon trying to make a profit after losing big in the stock market. I meet them all the time, and many are making big mistakes!
Mistake #1: Stock Market Approach
You'd think after losing $7 trillion in the stock market, people would have learned! Nope, they are making the same mistake, which is assuming that what happened yesterday will happen tomorrow. Nine of ten new investors I meet say they are interested in real estate because they saw someone else make money from the rapid appreciation of the market over the last few years.
But, buying real estate solely for short-term appreciation is often a big gamble! If you buy…