You have probably been hearing, seeing and reading that real estate investing is the best thing since sliced bread. There are many late night cable television infomercials spewing out sales pitches for courses that teach you how to buy residential real estate no money down or for next to nothing. Furthermore, polished pitch men on the advertisement emphasize that it is so user friendly that anybody can do it. They smugly show you that it is simple as they pencil out on the back of a napkin how you will supposedly build a fortune in real estate. Then these real estate investment course promoters show actual interviews of many people who have reportedly made gobs of funds with the course system.
Although it is true that fortunes may be made in real estate it is actually more likely that it will be the guru owner of the real estate course than you! The reason is that real estate investing is a lot harder than most everybody realize. When you buy, rent, and sell real estate as opposed to stocks you are dealing directly with many people and there is not organized exchange to keep things standardized. Do not lose your memory that courts see it as their duty to protect the shelter of families even if they are non paying renters who are total deadbeats. Another problem is that many contractors who do odd fix up jobs for real estate rehabbers are drifters with as many personal and financial problems as bad tenants. They damage houses and are down the street as soon as they get a little cash out of the hapless real estate investor.
It also takes years to learn how to properly assess assessment of worth in a town or neighborhood and get the required knowledge in real estate closings to not have the big profits you initially think you see in a deal leak out. The key point is that real estate investing is a business. Like any other business it requires constant dedication and education. If you work full instant it means losing your free of price time to your rentals and rehabs. If a property doesnt sell or if the tenant doesnt pay you will have to lose part of your salary to cover the mortgage. You should enjoy your regular full instant job because you selected it. If you prefer cookouts and trips to the beach over collecting rent and repairing your residential real estate investment then the stock market is a better place for you. If you are interested in real estate investing I have a list of reliable real estate investing courses as well on my internet page !