Welcome Guest ( Log In | Register )

> Forum Guidelines:

The purpose of this forum is to discuss real estate investing. Please do not list properties "For Sale" in this forum. All advertisements belong in the "Ads and Promos" section.

2 Pages V  < 1 2  
Reply to this topicStart new topic
How Can I Go About Real Estate Investment?
Mreese601
post Nov 2 2010, 04:44 PM
Post #16


MMG Member
**********

Group: Member
Posts: 84
Joined: 28-May 09
From: Atlanta, GA
Member No.: 171,969



QUOTE (salenacaitlyn @ Apr 30 2010, 02:17 PM) *
I have some money which I wish to invest in real estate business but I do not know what steps to take exactly. Do I just look for a property and buy and then sell to a high bidder or what?

Well that's basic. But you need to know what to by the property at. Here is the key to investing with real estate and making a profit. Go fine a house below market value, where you can get it for about %70 and you want to sell it for market value. ex you have a house that's is worth 100,000 well you go and buy it for 70,000 and then you sell the house for 100,000 market value you make 30,000. Remember the key to buying real estate is location. So you have to buy a house that someone will want and in a nice neighborhood.


--------------------
Go to the top of the page
 
+Quote Post
Paid Advertisement
 
Go to the top of the page
 
muthoot
post Jan 5 2011, 12:13 AM
Post #17


New MoneyMaker
*

Group: Member
Posts: 1
Joined: 4-January 11
Member No.: 272,337



Hi!

You should be familier with buy & sold strategy.And you should be specifically looking for foreclosures or hud homes which are usually priced below their value but may need major repairs. Become friends with a good real estate agent, home inspector, and repair people if you aren't handy yourself. Best of luck.



----------------------------------------------------------------------
Montreal Furnished Apartments
Go to the top of the page
 
+Quote Post
businessconsulta...
post Feb 15 2011, 02:21 AM
Post #18


New MoneyMaker
*

Group: Member
Posts: 3
Joined: 15-February 11
Member No.: 284,585



i think you need to explore more and find ideas suited for your location because sometimes there are places that people dont take many properties and some cant afford prices. so i guess research countries that can spend cash for real estates.


--------------------
This signature did not comply with MMG Rules & was removed or edited.
Go to the top of the page
 
+Quote Post
jamesrnld
post Feb 16 2011, 06:15 PM
Post #19


New MoneyMaker
*

Group: Member
Posts: 4
Joined: 16-February 11
Member No.: 285,181



The REIT structure was designed to provide a similar structure for investment in real estate as mutual funds provide for investment in stocks.This is an investment as old as the practice of landownership.A person will buy a property and rent it out to a tenant.We actually own every property we sell and therefore take personal interest in making sure that our investments, and yours, show sustainable,long term results.


--------------------
Go to the top of the page
 
+Quote Post
jet510
post Aug 2 2011, 09:46 PM
Post #20


New MoneyMaker
*

Group: Member
Posts: 18
Joined: 23-July 11
Member No.: 326,663



it depends what your plan is man...id also suggest getting yourself educated so you dont take any losses. read some books, go to seminars, get a mentor etc.
Go to the top of the page
 
+Quote Post
AnyaLuz
post Aug 17 2011, 06:11 AM
Post #21


New MoneyMaker
*

Group: Member
Posts: 5
Joined: 17-August 11
Member No.: 333,805



My sister is into real estate investment for almost 10 years and last year we bought an foreclosure property (just a small one)...
we did some renovations in the house and bought some appliances after that we placed ads for the property.
It took us almost a couple of months before we were able to find a really good buyer.
For me it was a very good real estate investment experience since I was able to really earn good money from it.
I guess it pays that my sister has been in the business for years and can be considered an expert. If it had not been for my sister
perhaps I would have not been successful on that first investment since I really don't have the knowledge on real estate.
We're looking forward to make another investment next year. Hope it be as good as the first investment smile.gif


--------------------
Go to the top of the page
 
+Quote Post
globaldoc
post Aug 22 2011, 12:12 AM
Post #22


MMG Member
**********

Group: Member
Posts: 39
Joined: 15-August 11
Member No.: 333,189



I am curious with the real state industry. A friend told me it is going to be a wise investment. I hope he is correct.
Go to the top of the page
 
+Quote Post
BuyYourOwnHouse
post Jun 1 2013, 07:17 AM
Post #23


MMG Member
**********

Group: Member
Posts: 30
Joined: 31-May 13
From: Placencia, Belize
Member No.: 515,235



There's two things every real estate investor has to do before they even consider buying:

1. Identify your niche: Single Family Homes, Multi Families, Apartment Buildings (small or large), Land, REIT's, Commercial, Mobile Homes, Tax Liens, Note Buying, etc.

2. Identify your strategy: Buy and Hold, Flip, or Wholesale

After that, you must determine how much money you have to invest, what your buying criteria is, what kind of financing you need (and more importantly, can get), as well as what are the best areas to invest in and who your team members need to be.

As you can see, it is quite complex. Take some time to educate yourself first before you jump in. Good luck!


--------------------
Sharon Hiebing - How Would You Spend $200K
Revolutionary Home Buying Program
Visit My Website-Buy Your Own House

Join My Facebook Page
Go to the top of the page
 
+Quote Post
Paid Advertisement
 
Go to the top of the page
 

2 Pages V  < 1 2
Reply to this topicStart new topic
1 User(s) are reading this topic (1 Guests and 0 Anonymous Users)
0 Members:

 

Skin designed by IPB Forum Skins

FEATURED AD - NEW STATIC AD



Advertise on MMG Today!


Advertisement