I haven't practiced as a real estate business person before so I can't say this is precisely how it is. But for the other businesses that I have done, I think honesty, transparency and integrity matter a lot. It gives you good image always.On its own, real estate offers cash flow, tax breaks, equity building, competitive risk-adjusted returns, and a hedge against inflation. Real estate can also enhance a portfolio by lowering volatility through diversification, whether you invest in physical properties or REITs.
The goal to investing in real estate is to generate rental income with tax deferred profits, and build up equity or ownership of property over time as prices appreciate. -Expenses come from repairs and other building and property fees.
The three most important factors when buying a home are location, location, and location. What are your thoughts about a successful real estate business man?