Contrary to what others say, real estate investing is not a get rich quick scheme. Successful investors start out small to build an investment empire over the long term. Tip #1. Start out as a lender rather than as an owner. If you’re not highly knowledgeable about the real estate business and you have money […]
7 of the Worse Real Estate Investment Scenarios
Any investor worth his or her salt will tell you there are real estate investing scenarios and properties that will almost always lose money for you. For instance, timeshares as an investment are notorious for losing money. You have no idea how to calculate rents or other cash flow or costs. Timeshares almost always go […]
Residential Rental Valuations – The Right Approach
Valuing residential rental properties can be tricky. Market value is not the same as investment value. When it comes to valuing residential rentals, you’re much better off taking the approach that commercial real estate investors use than the approach used by homeowners. Commercial investors base property values on the amount of annual income the property […]
Accumulating Wealth With Real Estate
This is petty much real estate investing 101 but it’s good to go back over the basics occasionally. If you invest wisely, your first increase in wealth should occur as soon as you sign the closing paperwork. If you buy a $100,000 house for 80% if market value, you should be worth $20,000 more as […]
Top 8 Ways to Invest in Real Estate Using Other People’s Money
One of the most talked about real estate investing concepts is investing without putting your money or credit on the line. It can be and is often done. It doesn’t mean that you don’t need money. What it means is you need access to other people’s money. Creative financing has long been a main stay […]