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Real Estate Information |
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Ten Steps for Becoming a Successful Real Estate Investor
The secret to success in real estate investment is finding bargain properties that you can "flip" quickly for a profit. Here are a few ideas for becoming a successful investor: 1) Obtain sound advice from investors who are already successful. Friends and realtors can refer you to folks who have proven investment track records. 2) Define your investment goals. Do you want to buy a home to live in, to fix and sell, or to hold for your future? 3) Read real estate investing books and articles, attend workshops and seminars, while AVOIDING out-of-date infomercials. 4) Choose a lender with great service, a good closing record, and fair costs, and get preapproved for financing. 5) Define your target locations, and become an expert. Study real estate newspaper sections, pick up sale flyers, and note sales prices in your target area. 6) Interview real estate agents and learn from them, but don't sign any agreements that will limit your search for bargain properties. You're looking for agents who know your target market thoroughly and will work hard to find properties for you. 7) Find a good escrow officer and use them for every transaction. They'll know your needs and will quickly learn how to expedite your transactions. 8) Study home remodeling techniques by reading design magazines and books. Learn the cost of materials, supplies, and building trades by visiting home improvement warehouses and talking with remodeling professionals. 9) Make many offers on properties, including bidding on HUD repos, asking for great terms and concessions from sellers. The more offers you make, the greater your chance of success. 10) Always have your transformation in mind. Have a plan for what will turn a doghouse into a dollhouse. It will speed turnaround time and save you money on mortgage payments. Copyright. 2004. Jeanette Fisher. All Rights Reserved. Professor Jeanette Fisher, author of Doghouse to Dollhouse for Dollars, Joy to the Home, and other books teaches Real Estate Investing and Design Psychology. For more articles, tips, reports, newsletters, and sales flyer template, see http://www.doghousetodollhousefordollars.com/pages/5/index.htm
MORE RESOURCES: Real estate mogul concerned how Americans will deal with squatters: ‘Something really bad is going to happen’ Fox Business Prologis Warns of Slowing Industrial Real-Estate Market The Wall Street Journal Industrial property company warns of a slowing real estate market Greater Baton Rouge Business Report Real estate: where is the best place to live in Boston 2024 The Boston Globe Former HGTV star from Los Gatos sentenced in $10M real estate fraud case CBS San Francisco How Will Real Estate Commission Ruling Impact Bay-Region Homebuyers? Chesapeake Bay Magazine 2 real estate firms join forces for medical office building acquisitions Becker's ASC Review Big Tech Is Downsizing Workspace in Another Blow to Office Real Estate The Wall Street Journal Arizona Coyotes owner cares more about real estate than hockey The Arizona Republic The Top Luxury Real Estate Leaders In Washington DC Modern Luxury Experienced Acquisitions Expert Justin Maturo Joins Mesirow Institutional Real Estate Direct Investments PR Newswire People and Property: Real Estate and Construction News From Around NH New Hampshire Business Review Real Estate Fresh Finds: April 17 PoPville VR Home Tours: The Future of Real Estate Showings hackernoon.com Real Estate Sales Down, Price per Foot Up, in March Brownwood News NS proposes 5% real estate tax increase for 2024-25 Shenandoah Sentinel New York community-scale developer Ninedot secures US$13 million real estate financing Energy-Storage.news JWB Real Estate to host community town hall - Jacksonville Business Journal Jacksonville Business Journal LICP's 19th Annual Real Estate Breakfast explores urban transformation in Long Island City Queens Post Friedman Real Estate closes sale of 12952-square-foot industrial property in Madison Heights – REJournals REjournals.com Flagship Communities Real Estate Investment Trust Announces Largest Acquisition in the REIT's History GlobeNewswire Real estate, finance jobs are driving Tampa Bay's economy, report shows - Tampa Bay Business Journal The Business Journals The Top Luxury Real Estate Leaders In Philadelphia Philadelphia Style | Modern Luxury Consumer warning: real estate fraud schemes target Dominicans Brooklyn Daily Eagle Leading Conference Organizer IMN Launches AI in Real Estate Conference on June 11 in New York City Yahoo Finance SVN | J. Beard Real Estate Announces The Addition of Marshall Davidson As Chief Investment Officer Woodlands Online A new real estate trend? Shopping malls converted into residential units in South Florida NBC 6 South Florida On Real Estate: New York needs housing mandates to solve housing crisis Crain's New York Business REAL ESTATE | Open House event April 25, 2024, at Love Hope Faith Home in West Bend, Wi | By Charmaine Brea washingtoncountyinsider.com Parkside Uptown — Bank of America’s future Dallas home — finds $290 million The Dallas Morning News High Mortgage Rates Impact New Construction: Builders Pull Back Norada Real Estate Investments Local real estate agents discuss how lawsuit may impact the market Daniel Island News Flat For Flip (FFF) Intends to Expand European Real Estate Market to Asian Buyers through NFTs GlobeNewswire Top residential real estate sales for April 1-5 in Longboat, Lido, St. Armands, Bird Key Your Observer California Housing Market Slows Down but Home Prices Soar Norada Real Estate Investments Regional Banks Face Challenges from Commercial Real Estate Market Value the Markets Ex-HGTV star and Los Gatos house flipper Charles 'Todd' Hill sentenced in real estate fraud case KGO-TV REAL ESTATE | Eaton's Pizza remodel underway at new location on Hwy 33 in West Bend, WI washingtoncountyinsider.com Fertitta buys properties near Post Oak Hotel, River Oaks District - Houston Business Journal The Business Journals Mortgage Rates Soar to Highest Level Since November Norada Real Estate Investments |
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