Leave your Feelings at Home when Purchasing Income Property

Written by Marc on April 28th, 2007

If you are a novice real estate investor, or an expert, there will come a time when your feelings get in the way of your logic.  You may fall in love with the yard, love the paint, or like the view of a certain property.  When you get these feelings you need to

STOP!

Investing in income properties needs to be a mechanical process.  You should consult and analyze the numbers to determine if a property is worth investing in.  Also use some common sense and do some research on the area you are going to invest your money.

If you do let feelings make your decisions, you may find yourself purchasing income properties that don’t perform well, or end up costing you money. 

Remember, you are investing in income properties for the money to allow you to do what you feel like doing… so keep the feelings for your free time.

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