I would like to invest in real estate but I have limited capital. Should I educate myself first through becoming a real estate agent? Or should I wait until I have enough money for down payment on a property?
2006-10-18 05:27:31 · 3 answers · asked by shakira2000 2 in Business & Finance ➔ Renting & Real Estate
Get a time machine....
Seriously. I hate to bring more people to where I live, but if you want a market come down to Virginia. I live in Northern Virginia, just outside D.C. My house growing up was like 80,000. Now Condo's parallel to my street go for $400,000.
People also tend to love North Carolina. In fact, in a recent survey people want to move to Virginia and North Carolina. I don't get it. Myself, I wanna move to Phoenix... cause f mowing the lawn. Plus winter is maddening.
later
2006-10-18 05:41:44 · answer #1 · answered by nathancarson23 3 · 0⤊ 1⤋
i agree, New York is bubbling, wait till the lowest point of the crash, then buy, otherwise you are wasting your money anywhere on the east coast. Buy in the Houston or Phoenix area where things are stable
2006-10-18 12:44:43 · answer #2 · answered by Mark P. 5 · 0⤊ 1⤋
join the REIA group
I know of one in Long Island www.lireia.com
Ask there, they will guide you to other REIA's
2006-10-18 12:34:03 · answer #3 · answered by Anonymous · 0⤊ 0⤋