When it comes to real estate investing, we’ve always been a big fan of keeping it simple, especially in the beginning, when you’re trying to build your portfolio. That’s why we suggest you begin with single family residential homes, maybe duplexes, four-plexes, or even an apartment building, but nothing complicated.
That’s not to say that there are not other forms of rental properties we don’t like. There are a few but, in general, these deals can be a bit more complex and better handled once you have experience under your built.
What are we talking about?
For example, we do like mobile home parks, self-storage units, and even commercial real estate. Nothing wrong with these at all. They can be good, solid investments but why not do the simpler, straightforward deals that Empowered Investor Network cut our teeth on first? Experience some success, then branch out into different types of deals.
But no matter what type of real estate deal you find yourself in the midst of, the primary question to ask is “Does this property make financial sense the day I buy it?”
If it doesn’t, why are you even thinking about it? That’s an anxiety attack waiting to happen. Need a refresher course on how we define “financial sense?” Visit www.JasonHartman.com/freecd and we’ll send you an absolutely free CD describing our method of selecting properties.
The Platinum Team
