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Making Money in Real Estate: Internet Resources

Jul 18, 2008
For anyone interested in making money in real estate the internet is a very worthwhile resource. Here you can learn more about the real estate market, like the various strategies you can use.

Do realize that you will finds dozens of opportunities to waste your money and time buying well-hyped books, courses, and seminars that offer little value and are often dangerously misleading. Just ask yourself "if it is an easy as this advertisement says, why aren't millions more getting wealthy this way?"

Start by examining real estate book reviews at Amazon.Com. Do not buy anything for the first week or two. Just read review after review. You will be tempted to buy this book, and then that one, and then another. Don't! Just spend a few hours on this for several days and you will have absorbed a good foundational understanding.

Then turn to real estate investing forums on the internet. Many of these posts will be worthless advertisement but with time, you will learn to distinguish what is of value, and the positions taken by various posters. Also, realize that the posters who are not there to sell you something are rarely successfully making money in real estate themselves. Those who are successful have neither time nor reason to be on these forums. Nevertheless, since the successful ones are silent, you must wade through those who do have something to say for the occasional gem of insight.

RE books come in many different formats, including books that are pitched to teach beginning investors the general basics of the market, and those which present a specific strategy, or explain a particular niche such as foreclosures, rehab and flipping, direct flipping, etc.

In searching the internet with search engines such as Google, you will find thousands of sources listed. You will often be carried to websites of specific books or courses offering to explain how to make money through specific strategies.

You will find books and courses by authors who claim to have made millions in real estate ventures and who offer advice through on how you can too. They offer to walk you systematically through the process based on their particular specialty or set of techniques. They speak of "little known" real estate investing ideas, including finding the right property, arranging creative financing and locating the buyers. They may offer secret tools to approach the real estate market. They will offer testimonials as to how book people have taken their courses and gone on to become very wealthy.

These may interest you, but you should consider them only after you have the foundations well in place and decided on a niche or strategy in which to specialize. Then you can base your decision on more that just a sales letter.

Having chosen the niche, technique, or strategy that most interest you, you should buy several products in that area in order to benefit from the experience of various individuals.

Following these guidelines, the internet can be a very valuable resource for Making Money in Real Estate.
About the Author
Forbes J. Douglas, a successful realtorŪ now retired to the Arizona High Country from where he operates a major national real estate books review website. He invites you to investigate his affordable, secluded Arizona cabin land opportunities. Check out his review website at http://realestatebooksreviewer.com/
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