Can you invest in Real Estate when you don't have knowledge about Real Estate?

[Robrown83]

Yes you can invest in real estate even any other business without having knowledge about it but consider it that it is either the the business fail or successful. In order to avoid gambling of a business it is better to have good knowledge of any business you want to do especially real estate.

 

[Divulgence]

While it seems intimidating, it's entirely possible to get into the real estate business with little money and no experience. That's because there are countless real estate investment strategies to choose from depending on your personal preference and financial standing.

 

[Sparrow 001]

Is the same thing as trading in a territory that you have no knowledge of.. Investing in real estate when you have no clue about how it works is bad... Or are you going to hand it over for someone else to handle it for you?
Keep to what you are conversant with is better that way or you equip yourself with the knowledge of estate business before investing

 

[Hasan Raza]

It will be hard to put resources into real estate without knowing the slightest bit about how it is being run or the work standards. I feel you ought to in any event get the information that is relating to the worth chain of the real estate area you need to put resources into. You don't have to have a deep understanding of it before you start. After you have begun, you will learn in the venture interaction.

 

[Greatguy1]

I suggest you learn about it first because knowledge is needed when you enter estate business , there are do's and don't's that if you're not aware people you're going to deal with might take advantage of you. That would be a real problem if you got scammed your money.m

mananreall estate is all about buying and selling of lands.

to a lay man real estate is all about buying and selling of land and properties. The basic knowledge we have of it is not far-fetched in the sense that we often see people buy and sell landed properties in our presence. The practice however requires the input of professionals.

 

[Bart Simpson]

The Wise Man/Woman will remain far away from any company that he/she knows nothing about. Information of power does not only come from a simple quotation, it also is an expression that means you can have some leverage over what you do with your money. Don't try to water capital that is already in assets you have more experience of.

 

[Sake]

to a lay man real estate is all about buying and selling of land and properties. The basic knowledge we have of it is not far-fetched in the sense that we often see people buy and sell landed properties in our presence. The practice however requires the input of professionals.

Somehow it's not far from how we do buy and selling stuffs but at the same time it's also different since people can cheat on you buy selling you a property that they already sold to someone else or they didn't even own in the first place. So you need some legal knowledge for doing this or ask for legal advices.

 

[sam386150]

It is very risky to do an investment or what you don't understand even if you invite some estate managers to monitor for you they will be still argument in it because you don't know how the business is all about. So it is better to do some research about the investment before you do it.

Post automatically merged: Feb 3, 2021

It is very risky to do an investment or what you don't understand even if you invite some estate managers to monitor for you they will be still argument in it because you don't know how the business is all about. So it is better to do some research about the investment before you do it.

 

[Asad Ali]

Please don't venture into a business or investment you know nothing about. Knowledge is power is not just a simple quote, it means the power to your financial safety lies in what you know about the investment. Don't go and waste your wealth, invest it in what you know better.

 

[Bangiszz]

Purchasing and owning properties is a venture technique that can be both fulfilling and worthwhile. Not at all like stock and bond speculators, forthcoming land proprietors can utilize influence to purchase a property by paying a part of the all out expense forthright, at that point taking care of the equilibrium, in addition to intrigue, over the long haul.

 

[Shahzad Ahmad]

No I think it is much difficult because knowledge is important in this way,if you're just getting started in real estate investing, don't expect to become an expert overnight. Yes, it's true that you can make money buying and selling properties. However, it takes knowledge, determination, and skill. It also helps to know some of the classic mistakes that others make when they start investing in property to help you avoid making them too.

 

[Veetos12]

Can someone invest in Real estate business when you don't have knowledge about the business and how it works? Would you succeed in doing such?

This is a very good question that is not applicable to real estate alone but also to all other businesses someone intends to venture in. Firstly I believe that investing a business needs full knowledge about the particular business so as to know how to maneuver ones way when there is a re challenges. As a result of this, I cannot invest in a real estate business if I know nothing About it.

 

[Diddi01]

No, I cannot invest in anything without having full knowledge about it, except that I am investing very little amount and I have received very good reviews from trusted people. When you are introduced to something new, try as much as possible to learn about it.

 

[Debola]

Can someone invest in Real estate business when you don't have knowledge about the business and how it works? Would you succeed in doing such?

Buying and owning real estate is an investment strategy that can be both satisfying and lucrative. Unlike stock and bond investors, prospective real estate owners can use leverage to buy a property by paying a portion of the total cost upfront, then paying off the balance, plus interest, over time.

 

[Samuel77]

According to my own point of view, it is bad to invest in a business you know nothing about. But if you have confidence in the business you can risk it, but as for me, I can't invest in real estate business if I don't know anything about the business

Post automatically merged: Feb 3, 2021

According to my own point of view, it is bad to invest in a business you know nothing about. But if you have confidence in the business you can risk it, but as for me, I can't invest in real estate business if I don't know anything about the business

 

[Ifective]

It is better you have knowledge about what you want to do before doing it. It is not like a training centre where you will get trained before being recruited on the team. In order to not invest in the wrong platform, one must fins out and have Knowledge about what real estate entails before going into it

Post automatically merged: Feb 3, 2021

It is better you have knowledge about what you want to do before doing it. It is not like a training centre where you will get trained before being recruited on the team. In order to not invest in the wrong platform, one must fins out and have Knowledge about what real estate entails before going into it

 

[Profwriter]

You don't need to have all the knowledge in the world about real estate before investing in to real estate. The surest form of investment is real estate, lands never depreciate and you can easily get a broker or a trader to handle sales transactions on your behalf if you don't plan to get involved directly.

 

[Oluwole]

Is not good to invest into business you know, nevertheless one can look for consultants to put you through they will guide you and let you know do and don't in the business, because each business has their own harzad.

 

[eojo2401]

Why should I invested in business I don't know how it works? My brother, knowledge is power which all Enterpreneurer should seek before venturing into any investments. Some business may look simple at a far distance but when you get closer to it, you will know that it has its up and down too.

 

[Adeyoola7]

Yes I can invest in real estate without no experience all I just have to do is use seller financing
Seller financing is amazing, but it confuses a lot of people, so I’m going to explain it using an example most people can easily grasp.

Imagine I sold you my car, but instead of you getting a loan and giving me cash, you just make payments to me every month. Each month, you give me $200, and after a few years, you’ve paid it off.