HGTV’s ‘Property Brothers’: There’s No Secret To Success In Real Estate

From businessinsider.com:

 

In an interview with Molly Wood of Marketplace, HGTV stars the “Property Brothers” shared advice that some would-be investors may find hard to swallow: There’s no secret to being successful in real estate.

“Everyone thinks that there’s a secret, there’s a secret formula to real estate,” brothers Drew and Jonathan Scott told Wood. “And there really isn’t, because real estate in itself is the most basic of simple economics.

“It’s supply and demand: the more people that want your product, the better the price you’re gonna get. There’s no real secret, it’s all about educating yourself and not just doing the guessing game.”

The Property Brothers base their own success on years of experience. They have been involved with real estate since buying their first house at age 18 in order to keep from being “struggling artists” as they pursued acting. After doing extensive research, they sold it for a $50,000 profit.

“That’s when the light bulb went on” they told Wood…

 

Read more @

http://www.businessinsider.com/hgtv-property-brothers-no-secret-to-real-estate-2016-7

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s