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Are You Ready To Be A Real Estate Mogul?

Contributed by mm | May 20, 2004 10:47 PM PST



Are you ready to be a real estate mogul? Kiplinger's Personal Finance offers a quick online test. You should be able to finish this 10-question test in 3 minutes, and the explanation of right or wrong answers serves as a good Landlord 101.

I answered 9 out of the 10 questions correctly. My major take-away from this exercise is that you should go through a long checklist before deciding to investing in real estate. Top considerations: acquisition cost, financing, local rental market, maintenance and resale value.

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Read More ... 67 Posts In The Same Category

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07/15/05 | Behavioral Finance and Decision Making Biases | (2)
02/19/05 | Online Brokerage Price War: Ameritrade, E*Trade, Fidelity and Schwab Involved | (5)
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12/24/04 | 2005 Love-Only-One Stock List | (3)
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09/21/04 | Fidelity On The Offensive Again
09/20/04 | Price War in Index Funds? | (1)
08/20/04 | Stable-Value Mutual Funds May Die
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07/30/04 | Investing Lessons from Martha Stewart
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07/22/04 | The $32 Billion With a Bonus in Tax Breaks
06/18/04 | Retiring Early on a 401(k)/IRA Without Penalty
06/06/04 | Fundamentals of Precious Metal Market
05/23/04 | In and Out ... Then In Again
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05/19/04 | Value Investing's 10 Commandments
04/24/04 | Fidelity's New Customer Friendly Move
04/17/04 | Avoid Common 401(k) Investing Mistakes
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04/04/04 | Should You Still Be a Bull?
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03/29/04 | The 10-Year Mistake
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03/22/04 | 5 Investing Lessons from Warren Buffett
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