Tuesday, September 25, 2007

Education In Real Estate Investing-What You Need To Know To Start Profiting Now

So you want a good education in real estate investing? Certainly, this is one of the most lucrative investing fields you can embark in, today or ever.

The great thing about real estate is that there will always be a great demand for it. Everybody will always need a home to live in, and thats what you can provide as a investor.

Many people have a big misconception about real estate investing. You see, most people mistakenly believe that most real estate investors make their money by buying for a low price, and then turning around and selling for a higher price. This is not what most successful real estate investing gurus do.

In reality, the vast majority of the successful real estate investors will buy a house only if they can be sure of making some long term income from it. Just like stock investing, the vast majority of investors are only looking for a quick buck.

The same thing applies to real estate investing. Like stock investing, the vast majority of real estate investors dont succeed because they are too focused on making a short term gain, and not worried enough about long term income. The ultra successful investors, on the other hand, will generally only buy a stock or real estate investment property if they can be assured of making a long term income from it.

In real estate investing, this would involved renting the property to someone else, and then using that as a passive long term income stream. of course, in order to know this, you will need a good education in finances and real estate investing. This means being able to read a financial statement, and determine an investments overall profitability before investing.

Unfortunately, most investors never do this simple little step. Remember, when it comes to investing, its all about the numbers. If the numbers arent there now, they likely never will be. Therefore, get a good educating in real estate investing, an then only invest if the numbers are right.

To learn to invest money and for other investing advice, try checking out http://www.online-investing-tips.com. This is a popular investment site that gives money investment advice to help you achieve financial freedom.