real estate |
You make your money when you buy real estate, not when you sell. You make your profit in real estate by buying right, by buying the right property at the right price and at the right terms. When you sell, you simply realize the profit that you made at the time of the purchase. Another important rule for investing in real estate is this: don't become emotional about a property that you are purchasing for investment. Always look at the property from the viewpoint of a critical purchaser.
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