With all of the buzz lately that has been generated by Warren Buffet fans, investing in real estate seems to be a “No Brain-er”.
However, where should your first stop be? During my walk this am, not on a Treadmill but on a Treadclimber(much harder 🙂 ), I read an article about Investing in Real Estate.
“Who’s going to have your six?” While the “world view” of real estate agents is akin to some of the most deceitful salespeople in the free market, we think your first step should be with a real estate agents that are themselves FREE AGENTS!
Here is something you may not know or don’t remember. When you purchase any real estate, there are fee’s that all buyers must pay, these costs are known as “closing costs”. Mostly they consist of three components:
- The investors part of the Escrow Fees
- The investors portion of the Title Fees
- and The Lender’s Fee
- (depending on the transaction, most can be covered by the Seller, read more about closing costs here..)