If for instance they know that a new business district is slated for development next to your prospective purchase, you want to know that too as it would mean a huge jump in price of acquisition and rental yields and a huge gain in your real estate investment.
Always spend some time planning what information you want to get out of the real estate agent before you go down and always know what type of real estate investment property so that you can save his and your time when you view properties. After a while you will get a rough sense of the property prices in an area and when you see a bargain property investment you will know its the right one for you.
However, if s/he is able to take the chance and is mentally prepared to bear the risk, there is definitely a lot to earn and much to learn. However, in the long run, when he or she has gathered some experience, he can become a real estate investment master closing quite a number of lucrative real estate deals. Such experienced professionals can bring a lot to the table - market intuition, thorough knowledge in research and development of real estate pitches and marketing ideas. Thai cuisine. Maybe in financial freedom youd want to travel all over the world (of course, youd at least LOOK at real estate while youe there right? Thats called taking a PAYcation instead of a VACATION and you need to ask your tax professional about THAT little gift from Uncle Sam).Whatever your “Why?” is take a moment now and write it down! Commit this to paper. Its important! Now, here’s where my friend and I agree that most people stop.