About
There seem to several questions we all get around here from the general public when it comes to investing once someone finds out what we do for a living. We here at www.realestatesmarttalk.com (REST) are real estate professionals specializing in all aspects of real estate and finance. I can tell you honestly we NEVER offer free legal or accounting advice as it pertains to a specific investment. Those professionals should be within your network and your resources which you pay to consult with. Sometimes the questions are in general about the economy some are more specific on investing in different types of real estate. Here a few of our favorites: When is the right time to buy? When is the right time to sell? Should I ride this one out or walk away with so much negative equity on my house? Will it turn around anytime soon?
An old partner and friend of mine from school coined the phrase in our group, “it depends.” Most people seem to have the same response, it depends on what? It depends on your timeline for the investment, retirement, your objectives, your goals, your needs, etc…well you get the jist of it. What does that have to do with REST? Well we are glad you asked. We want to enable you to have the tools and information to make an informed decision on the market and as it pertains to your goals/objectives. We will sprinkle this website with our opinions because after all that is what you pay us the big bucks for, err or why we do it for free. Someone taught us at university or on the job and now it is our time to spread the information on.
Listen to me carefully on this next point…don’t take advice from your German auto mechanic when it comes to a foreclosure or eviction, don’t take advice from your unemployed buddy who seems to know what he is talking about on a commercial real estate investment. I have heard in the last two months two different people qualifing advice by sourcing the two references above. Your mechanic is an expert on German automobiles and your unemployed buddy is an expert on talking BS or drawing out his unemployment not on investing. The internet is a great place for information and resources to find almost whatever you need on a pleathera of topics so don’t pay any attention to your Uncle Buddy from your dad’s side of the family there is no reason to.
Get online, get to the library or get to a networking group which specializes in what you are looking for. This isn’t rocket science but it does take a certain amount of due diligence to make the right decision as it pertains to you or your investments. A final note on a few things I hope to never hear in relation to real estate or investing again…location, location, location or buy for fear sell for greed. Yes they are very sage ideas but it is time to dig a little deeper as the superficial work is what got our economy here in the first place.
