Creating Wealth With Houses

~ How to negotiate, buy, finance, and sell real estate ~

Each of us has different personality quirks, different attributes, different talents, and different family and financial resources. It’s easy to try to emulate inspirational people, but it usually doesn’t work out because of these differences. A more rational course would be to take the time to really analyze what it is that you like to do and can do, or could learn to do.

Some people like to manage other people, and assets-, making all the decisions and living by the results. Others prefer the relative tranquility of the financial arena, spending their effort borrowing and lending money. Still others are happiest buying derelict houses and turning them into cash flow rentals, or selling them to earn quick cash profits.

Hundreds of thousands of people serve as middlemen brokers, bringing buyers and sellers together, and/or arranging loans to enable them to buy and sell houses. All of these vocations can be very profitable if you take the time to study them, and to become good at them.

There’s a much greater chance you’ll succeed financially if you focus on what you like to do, where, when, and how you like to do it, rather than merely doing what appears to make the most money. When you do things you don’t like to do just to make money, you’ll rarely succeed; primarily because you’ll be competing with those who like what they are doing. In almost every case, they’ll do it better.

No matter which facet of real estate you choose as your niche, by acting as a principal in transactions, you will be exposed to opportunities that are many and varied. Regardless what road you decide to take to the realm of the rich and famous, you’ll quickly learn that real estate involves many synergies and that you’ll be doing a little of everything.

Table of Contents

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        NEGOTIATION