Real Estate: School of Thought
Everyone gives the impression to be after real estate investments
since it is regarded as one of the safest high return investments.
There are various schools of thought on real estate investments.
Let’s explore two of the most common real estate schools of thought.
One real estate school of thought talks about doing a lot of
analysis. This real estate school of thought encourages studying a
lot of factors which are generally linked to economic indicators.
This real estate school of thought evaluates the economic indicators
in many different ways. It takes its cues from a number of financial
indices and how they are expected to perform in the near future.
This real estate school of thought measures various socio-economic
indicators at all levels – Global, national and local. This real
estate school of thought evaluates inflation and things like value
of money today and value of money next year etc. It uses all these
evaluations in order to come up with predictions on how real estate
industry is expected to fare in the next few years. So, this real
estate school of thought tries to determine the buying power of
people in order to determine the course of real estate prices. When
it comes to evaluating the real estate trend with regards to a
particular place (i.e. locally), this real estate school of thought
takes into account various local factors like the unemployment rate,
the industrial development in the region, the change in tax policies
and any events that might affect the real estate prices in the area.
It also takes into consideration the surrounding areas and the real
estate trend in those areas. So, this real estate school of thought
is really followed by arch real estate consultants/investors who
know a lot about finance and put all that knowledge to use in
determining the tendencies for real estate industry. However, that
is just one real estate school of thought
The other real estate school of thought doesn’t consider those
factors at all. According to this real estate school of thought,
real estate is always lucrative at all times and at all places. This
real estate school of thought advocates looking for great deals.
It’s this real estate school of thought that asks you to go to
public auctions, look for distress sales and foreclosures, find
motivated seller, rehab and sell, etc. So, this real estate school
of thought focuses on getting the information about the best deals
in town and taking advantage of them to make good profits.
So, those are the two real estate schools of thought and following
either or both calls for time and effort (if you are to make any
profits out of real estate investments).
ABOUT THE AUTHOR
Bob Schwartz, is a Certified Residential
Specialist, CA licensed real estate broker with
www.Brokerforyou.com. Bob
has over 27 years of residential real estate experience, authored a
number of published articles and served as an expert witness for
San Diego lawyers. You can contact
Bob via e-mail at bob@brokerforyou.com or visit his highly popular
San Diego real estate website at:
http://www.brokerforyou.com
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