Friday, February 6, 2009
Top Mistakes When Investing in Real Estate
By David Norton
Real Estate Investors 10 Big Mistakes
Don't expect to get rich in a hurry, no matter what they say on TV infomercials, and don't let the dog eat your homework. Those are among the common goofs of novice investors.
Once the real-estate market starts to rebound, investing in property will become a more appealing idea -- either as a career or a great side job. Like any other endeavor, though, there's a right way and a wrong way to go about it.
Bankrate spoke with established, full-time real-estate investors and with professionals, such as bankers, to identify the 10 types of traps into which real-estate investors most often fall.
Click here to read the 10 Big Mistakes