Are you ready to be a billionaire? Do you yearn to earn exclusively passive income? Are you prepared for your retirement years?
Real estate investing gained popularity as a form of investment that can help one in generating income and securing their current and future life. A number of people consider it a simpler and easier investment type as it involves property exchange between two owners which can be rented out for secure monthly income. In actuality, it goes beyond that and you need to learn more when you are starting out.
You need to learn the basic factors of investment, any risks involved and the current economic situation.
Real estate investing has enabled many to increase their net worth, attain their desired financial goals quicker than anticipated and ensure their retirement is secured. Such successes have been achieved without the need of so much start-up money or even without money at all. Real estate investing is a powerful way to build and preserve wealth.
Economic factors can influence the real estate market and its demands. During economic slumps, there will be wonderful opportunities for good real estate deals since the number of buyers decrease with tougher economic times. Have the knowledge of understanding market swings and pressures and be able to capitalize on opportunities as they arise. You will never lack a buyer who is either looking for their first home or their retirement home.
To be a successful real estate investor, profits made should exceed the taxes paid and overall maintenance costs of owning such a property. This guide will help you get more details on:
· The different types of properties
· How you can make money from your investment
· The basics of real estate investing
· The advantages and disadvantages of real estate
· Identification of rental properties
· Ideas on house flipping
· The appropriate team for making the business a reality
· And many more..!
Get deep into the basics and be knowledgeable.
Inhoudsopgave
Introduction
Chapter 1: The Basics of Real Estate
Chapter 2: Benefits of Real Estate Investing
Chapter 3: The Cons of Real Estate Investing
Chapter 4: The Types of Investments
Ways to Flip Houses with Success
Residential real estate properties
Commercial real estate properties
Industrial real estate properties
Retail real estate properties
Mixed properties
Rent to own
Foreign properties
Miscellaneous
Construction
Container homes
Recreational properties
Chapter 5: What are the Real Estate Goals?
Chapter 6: The Process of Identifying Rental Properties
Chapter 7: How do Realtor’s Finance their Deals?
Traditional lenders
Credit unions
Individual investors
Home-Style renovation loan
Blanket mortgages
Apartment and multi-family loans
Your savings
Asking friends and family
Chapter 8: House Flipping Ideas
Chapter 9: How to Evaluate a Property
Chapter 10: Location and Positioning in the Marketplace
Decrease Expenses
Pass the Expenses to the Tenants
Raising Rent
Add-Ons
Repairs and Upgrades
Combining and/or Subdividing Units
Property Taxes
Chapter 11: Hiring the Right Team
Chapter 12: Managing a Rental Property
The tenants
Hiring a handyman
Who decides repairs and costs?
How contractors get paid
Profit & Loss reporting
Evictions
Chapter 13: Important Tips for Real Estate Investors
Chapter 14: What you Need to Avoid as a Real Estate Investor
Chapter 15: FAQs
What is real estate investment?
Is real estate a good investment?
Can it be part of my portfolio?
What is REIT?
Who is the best candidate to invest in real estate?
How much money should I invest?
For how long should the investments be made?
What options do I have after investing?
Is the income taxable?
Are there risks involved?
How long before I get keys to a property?
Conclusion
References