This is the 3rd story in my ongoing post on Real Estate Investing. If everyone’s saying that real estate market is poised for a recovery, it’s time to invest, how do you invest if you are doing it for the first time?
Perhaps a no-brainer answer to that would be – Monitor the Market! If you want to get something, anything, for a good price, there is no substitute for labor and dedication. It is essential to be “in the market”.
What does it mean to be “In The Market”?
You can be “in the market” by constantly monitoring property transactions in your area and keeping a keen eye on changes.
Price, Price, and Price Again!
To be sure if the recovery in property prices is sustainable, have a look if the prices have fallen close to or below the transacted prices during the previous downturn.
If you have …