Need help can anyone offer advice on starting a business?

I am looking into starting a house renting business. you know i want to take run down homes and fix them up for sale or rent . How is this business. Would it just be a pain in the butt?Need help can anyone offer advice on starting a business?
Right now is the best time to buy! Just start off by buying fixing and then renting. That is how you build long term wealth. Rember one thing The m ost important thing in real estate. POSITIVE CASH FLOW. If you don't know what this means run to the book store or keep your day job! Dont be a rookie real estate has made more millionaires than any otherprofession. but if you are a not a champion forget about i have seen weak personalities lose a lot of money visit www.showmeomaha.comNeed help can anyone offer advice on starting a business?
well , this is one business that is of great profit now a days. i would suggest that u should go in for this. by the way, may i know which country do u live? so i can hav an idea of what the selling or renting situations are over there.





U can always make big money in property....
The real estate market is a cycle, kind of like the seasons, the season for doing that is long gone. Now it's foreclosures subprime loans are defaulting causing people to foreclose over 600 million homes are goin down so I've heard
Please do not refer to it as a house renting business. The correct term would be property management company.





I never recommend property management to anyone at all. It is a very terrible business to be in. I own 11 homes and I wish I never bought a home in my life.





Property acquisition is another story. Please understand that you make your money on the PURCHASE. If you buy the house correctly you will succeed.





If you are looking to purchase dilapidated properties and are looking to renovate them please understand that you have to have MONEY, knowledge, experience, or some combination of the three. For one thing if the property is in bad enough condition then it will not qualify for traditional financing, which means that you have to have money down and/or the knowledge of how to structure the deal where you can have the seller carry the paper.





Another thing that is always overlooked by the novice investor is that you have to have reserves for holding costs, fixing costs, and selling costs. Believe me when i tell you that it costs money to pay the note while the house is being fixed and you will always run into unexpected costs during renovations, and it is not easy nor is it cheap to sell a house in a buyer's market!





Fix your credit and you can see me at the link below.

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