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Let's say your property is worth $400,000 and your equity is $60,000. Let's pretend you engage a real estate agent who charges the customary 6% commission. Even is your own house sells to its value, you'll end up paying the agent 24,000. There goes 40% of your equity. There goes a primary chunk of real, income that simply can't be recouped.If the n

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I recently checked the Forbes Rich list for the wealthiest Persons in america. I could not help but spot the pattern of wealth creation; almost all the wealthy individuals were entrepreneurs or off springs of entrepreneurs. Secondly, they derived their wealth from owning or inside real estate, technology companies, stock market, manufacturing, ente

The most vital part of realty investment is selling the residential or commercial property when its completed; continue reading for some selling tipsIt is a real estate investors responsibility to 'flip' the properties to ensure that they are in an ideal condition to be sold at the preferred price, as individuals like Mark Harrison of Praxis would