Wednesday, March 12, 2008

Want to Make Money in Real Estate?

We watch those shows on TV, where people buy a house or property, fix it up or do something to make it more attractive, and sell it for a profit. You know how the shows are. They make it look easy. Unfortunately, there is more to it, or everyone would be buying and selling real estate, right?

Now there's a powerful online investment property calculator that helps make it easier. You plug in all the information about the property you're interested in and Real Estate Genius builds an entire financial model within minutes. You can look at it and see whether that property will earn you money or lose you money. It doesn't take hours, and you don't have to figure out on your own what is important and what isn't. You get the same information the experienced real estate investors get and know. You can run best case scenarios and worst case scenarios and get a clear picture of the deal before you get involved. I'm sure that would help in deciding whether the risk is worth it.