If you are just getting started with real estate investing, there are some important things you should consider before taking the big leap.
Buying a property can be a daunting idea when you realise all of the things that need to be done. Looking, researching, negotiating, losing out to someone else, getting finance organised, getting legal advice, getting inspections done (building, pest, strata etc) and finally, draining your bank account to finalise the purchase!
Here we will discuss a few things to think about to help lessen the burden
If many of you may know, there is a stock market in which there is currently a national debt!In other terms many Americans stand a chance to lose 401K and investments in wall street! Keep in mind that only use your money where it belongs where it can be an investment than a waste.
According to Rob Neal, a finance professor at Indiana University Purdue University-Indianapolis, he stated, “ with so many unknowns on the political landscape right now, the best bet is to keep 401ks where they are, hold onto investments and wait for the market volatility to settle.”
What Rob meant, what you have, hold on to it. Anything that you invested it, keep it and don’t spend out your money until the stock market has increased positively, that way there are no loses for you. Thats my news of the day. Stay in touch and continue following me :)
- K.Wong #37http://photography-music-news.tumblr.com/