Comments on: Real Estate Speculation: Don't Fall Into This Trap

By: Eli Schultz Real Estate Investment Broker

Eli Schultz Real Estate Investment Broker — Tue, 09 Nov 2010 21:50:55 +0000

Scott, Even though this post is a couple years old it is still very accurate. Today he market speculators have move from pre-construction a couple of years ago to distressed ( short sales/trustee's etc). The slow and steady investors that focus on the fundamentals and cash flow are the one's who always come out on top.

By: Ken@Cheap web hosting package

Ken@Cheap web hosting package — Mon, 16 Mar 2009 16:10:37 +0000

Great post. To the point and honest. Like you said do not get caught up in the hype. I could not believe how many people expected home prices to keep going up every few months. Made no sense to me at all. I can see value of home go up if you make improvements not just buy and sell a few months later.

By: jerseyguy

jerseyguy — Fri, 23 Jan 2009 22:19:46 +0000

LaDonna..so true..flipping investors have made money but it also hurt a lot of people. It's a hot potato kind of game. Long term investing and generating some type of cash flow is important. I have a 10 year real estate plan so not flipping anytime soon.

By: office space

office space — Mon, 08 Dec 2008 10:22:53 +0000

I happen to own 2 real estates for both rental income and capital appreciation. Though the common approach here in my area is to flip it for profit.

Thanks for stopping by and leaving a comment on my blog. So here’s my courtesy visit. I’m glad to know another great blogger. Keep in touch,Scott

patrick

By: LaDonna Miller

LaDonna Miller — Tue, 09 Sep 2008 02:27:06 +0000

I am a real estate broker in Portland Oregon. I thought that you made some really great points especially the point about not to bet on appreciation. Two years ago everyone banked on appreciation but now that the market is not appreciating at such a rapid rate it is better to estimate a conservative average appreciation of 3% over a several year period.

Real estate is a long-term investment strategy that in my opinion will always pay off.

By: Investment Property

Investment Property — Wed, 20 Aug 2008 16:54:50 +0000

Thank you for pointing out few tips which will surely appreciated by my fellow reader.

"there will still be things ahead that you will need to figure out as you go along but with your contingency planning and other risk management in place you will be well equipped to handle it."

I believe to this statement. To be equipped with the knowledge will surely prepare you to any situation may come along.