Speculating Is Not Really Investing

Chris Smith, at Equity Scout has written a wonderful piece comparing real estate investors to real estate speculators.

For those of you who have the experience, can you tell the difference when acquiring clients who are interested in investing? How about you newbies, can you tell who is headed for trouble and who will make money?

If you can't print out the table, Chris has created and keep it in front of you as sort of a cheat sheet.

Happy selling.....