Beginner Investing

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If you are a beginner investing in Real Estate, gurus have for as long as we can remember, based their "get-rich-in-Real-Estate" programs on motivated sellers.
As a amateur investor, you may set off on their mission to find troubled souls to make a quick buck. There is no doubt that medical bills, divorce, credit card debt and other misfortunes can "motivate" a seller to take less money for their home than they would under more stable and normal circumstances. However do not let this approach be your ONLY Real Estate Investment tactic and never violate "Ethics and Law" by pressuring the distressed homeowner to sell his or her property.

Bargaining a property purchase price to the "popular" 20-30% below market value should not be your only measure to assure a sound investment. Always factor in realistic projections of the total profit potential of a property.

The Waiting Game
In this time and place, most desperate homeowners willing to sell or Short-sell their properties to avoid foreclosure or due to any other adversity, do not possess much equity in their homes. Although these sellers do come along, it takes much patience, planning and knowledge to spot these opportunities and transform them into profit. How to make money in Real Estate: when most sellers do not have much equity.