Real Estate Investment Golden Rules

There are two golden rules while investing in real estate that I see people/friends/colleagues and/or financial advisors break. I will give you this advice for free. If you invest in second hand locations, then it all depends on how much you borrowed. If you borrowed 80% or more then you could be in deep shit, if shit hits the fan.

That is the reason for my two golden rules. 1) Invest in prime locations only. 2) Never borrow more than 50%. If possible finance your projects 100% upfront. This way you are always in control. The banks can never be in control. Never allow any financial institution to dictate to you. Always dictate to them and not the other way round, you’ll be happy.