|
minimizing losses and exposure to liability. If you're still buying
property as an individual and not through the proper corporate structures,
you're putting yourself and your investments at needless risk.
4) No one ever went broke making a profit. The name of the game in real
estate is earning a profit. If you buy a property for $5,000 and sell it
for $10,000, that's a 100% profit. If you do that 20 times, you'll have
$100,000 cash profit in your pocket. (See concept #1 above).
5) Organizing and using a network of professional advisors and experts
doesn't cost you anything - because the profits their knowledge and
expertise bring you are usually five times whatever fees you pay them.
Remember, a dream without a plan is just a fantasy(tm). Till next time…
Pierre A. Clark
Real Estate Investor
Business Development/Financing Consultant
Urban Info LLC
1-773-640-9657
e-mail: investsuccess@sbcglobal.net
Back to Article Home |