Real estate investing is different than other market segments. You must understand its particulars. Some basics are discussed in this piece. After you review the article, you should have a new sense of confidence. The more you know, the better off you will be.
Once you are sure that your investments will be in real estate, you should set up either an LLC or a similar entity. Protecting yourself and your investments is the best way to proceed. As an added bonus, you should be able to get certain tax benefits because of your business transactions.
Never purchase a property without an inspection. The seller may offer to pay for an inspector to inspect the property but they may know the inspector who will favor the seller. You need neutral inspections or reports from a person that you can trust.
Devote the time required to manage your business, as well …