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10 Secrets For Effective Investing

By Daren Newman - Broadway Capital Group

1)  Do not get emotional about any real estate purchase, other than your own home. It's a business opportunity not a trophy.

2)  First impressions sell most houses. If you can't get them out of the car, no one will see the inside of the house- so make sure it has some mac daddy curb appeal.

 

3) Change is good. Any cosmetic changes you make will draw attention- so when in doubt, throw it out!

 

4)  The most obvious no brainer is carpet and paint- never keep either!

 

5)  Memorize rule number 1!

 

6)  Start simply, then work your way up. Smaller is better at first- the less work you have to do, the smaller the mistakes you can make while you build up experience.

 

7)  Stay away from structural problems. Leave those to the pros.

 

8)  Activity breeds activity. Pre-market the finished product while you're still working, once people can see the end is near.

 

9)  Don't get greedy--take the first offer that hits your financial goal.

 

10)  Re- memorize rule number 1- THE GOLDEN RULE. It's not playing house, it's business!

 

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