3 Steps to make money in Real Estate Market and Some Principles
Not everybody can make money from the real estate market so even the market is very good many people made money but some people still lose money why how can you make money my name is morning lee i will tell you three simple steps to make money in the real estate market at the end of this video i will tell you one important principle to make sure you really can make money even you follow the my three steps so don't go away watch until the end of this video.
The first step be ready be ready with your money it doesn't matter your own money or you borrow the money from your parents your friends or your colleagues or you want to get mortgage from the bank make sure it's ready if the math is from the back it's better to have a pre-approval letter if the money is from your friends or your parents and it's better to put the money in your own bank first at least double check make sure seriously with them they will give you that money when you need it.
Only with the money is not enough you need another thing knowledge you need knowledge to tell what can deal is a good deal what can do is a bad deal what you really want to buy what you cannot buy if you don't have that kind of knowledge you will have problem for sure for the second step or the last step because you don't know it's a good deal even it's the best deal very very good deal you cannot tell you don't have difficult knowledge to tell.
Also for this step you must figure out with yourself what you really want to buy you want to buy an investment house or you want to buy a house as a home so it's totally different maybe you want to buy a home and you want to make money in the future as well it's okay but you must understand which part is more important if home is more important it's about what you like and the color new or old hobby the land if the investment part is more important you need to think about how to make more money not what you like