Finding credible advice online can be tricky, regardless of the topic, but when it comes to property investment advice, it seems like there are thousands of late-night infomercial millionaires offering their winning strategies, for a price, of course, and by following their plan you can be a millionaire as well. This sounds pretty outrageous, because it is, no single property investment strategy works unilaterally, and education about the marketplace and careful planning are the best advice.
Check with Those in the Industry
One of the best sources of investment advice, especially for property investors, is the professional organizations that have established histories within the market. The National Association of Real Estate Investment Managers, or NAREIM, is one of the best sources for locating these property investment companies and other outlets in particular areas, as well checking out the reputations of companies from just about anywhere.
One of the many benefits of the online environment for the property investor are the outlets online for quality advice ranging from overseas property investment to the latest strategies, including outlets like The Biz Hunter, MLS, and many forums and other online entities. These outlets can make locating sound property investment advice quick and easy, and while any investment advice should be compared to ensure quality, these outlets tend to get the answers that most need the fastest.
In many regions of the U.S., communities and towns are only hanging on by a thread, and by using local resources anytime it is possible, investors can simultaneously help out with the recovery process while helping to improve the value of the community or town, and therefore any properties one owns within it. Some great examples are in the harder-hit areas in New Jersey, for example, where property investors use local shops for services like unfinished furniture NJ or local landscaping or remodeling crews.
- What are the Best Property Investment Options? (2010taxes.org)
- Free 401k Advice for Plan Participants. (2011tax.org)