Guideline #7: There is no bad real estate, only wrong owners.
There is no such thing as bad real estate. Surprisingly, there is often a wrong owner.
A wrong owner is someone who, among other things,............
...has lost interest in maintaining the property,
...cannot afford to maintain the property,
...bleeds the property to death,
...ignores legitimate tenant issues,
...is overwhelmed by the responsibilities of ownership.
Two thoughts: If you do not feel good about a particular investment property, don't own it. As an investor, buying from "wrong owners" can be a good thing.
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Real estate is a great way to build up wealth and get more money in future.Investing in real estate is such a good plan but we must check the real estate if its the best place to invest.I found some good points which are useful for me.
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