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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hold for your future? 3) Read real estate investing books and articles, attend workshops and seminars, while AVOIDING out-of-date infomercials. 4) Choose a lender with great service, a good closing record, and fair costs, and get preapproved for financing. 5) Define your target locations,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: You can't afford a house — but now you can bet on one Business Insider Redfin predicts key real estate, mortgage rates change thestreet.com Partners Real Estate hires new equity partners, SVPs in Austin The Business Journals Appellants have their final say about commissions settlements RealEstateNews.com Florida dominates nation’s luxury real estate market with Larry Page’s Miami estate topping December sales New York Post Real estate transfers: 1/14 Toledo Blade Blackstone Real-Estate Fund Stages Comeback With Best Return in Three Years The Wall Street Journal T3 Sixty Names 2026’s Most Influential Leaders in Real Estate - National Association of REALTORS® T3 Sixty Names 2026’s Most Influential Leaders in Real Estate National Association of REALTORS® News | The latest sign of San Francisco's AI-driven real estate recovery? This bowling alley deal. CoStar Bain Capital Closes $3.4B Real Estate Fund III, Lifting Platform Raises Above $5B - connectmoney.com Local Experts Share Real Estate Forecast WilmingtonBiz Bain Capital Real Estate Closes on $5 Billion in New Capital, Expanding Scale Across High-Conviction Strategies Bain Capital 5 new faces in top 10 ranking of real estate’s most powerful RealEstateNews.com IRES MLS appoints new COO; Illinois Realtors invests in advocacy RealEstateNews.com Real estate public speaking help offered in new platform founded by real estate team leader HousingWire Real adds 172 agents in Michigan; SERHANT enters Boston RealEstateNews.com Supporting Policy Engagement for Banks: Real Estate UNEP Finance Initiative G.I. real estate agent Jimmy Reed files for mayor Central Nebraska Today $12.85 million house tops Shelter Island real estate price Shelter Island Reporter 'Moneyball' moment: Why new agents have the edge in 2026 Inman Real Estate News Report: Greenwich real estate market strong in 2025 Westfair Communications MCB Real Estate Completes Acquisition of Epic Real Estate Partners REBusinessOnline CBRE IM Closes $1.62B Global Real Estate Secondaries Fund connectmoney.com ARE Investors Have Opportunity to Lead Alexandria Real Estate Equities, Inc. Securities Fraud Lawsuit PR Newswire Vacaville Chamber hosts real estate forum The Vacaville Reporter Alexandria Real Estate Shareholder Alert: ClaimsFiler GlobeNewswire emeis Announces the Creation of Isemia, a Real Estate Company Dedicated to Healthcare Real Estate in Europe Yahoo Finance New Academy Seeks To Prep Real Estate Pros For Public Speaking Inman Real Estate News New Jersey Real Estate Broker’s Commissions Are Taxable Wages news.bloombergtax.com Plan aims to clear real estate backlog China Daily - Global Edition Real estate outlook for 2026: why experience matters The Town Line Newspaper Shelter Island Reporter Real Estate Transfers: Jan. 14, 2026 Shelter Island Reporter Real Estate Wayne State University Firms can make real estate decisions at speed of business The World Economic Forum NAR Existing-Home Sales Report Shows 5.1% Increase in December National Association of REALTORS® BVK members line up lawsuit over failed US real estate investments Investment & Pensions Europe Florida dominates nation's luxury real estate market with Larry Page's Miami estate topping December sales Fox Business Mid-America Real Estate closes sale of 99,529-square-foot retail center in Grand Rapids - REJournals Natasha O’Connor to lead Coldwell Banker’s Glenbrook, Lake Forest offices Chicago Agent Magazine Curaçao’s Real Estate Market, Seen Through Data Caribbean Journal Zillow, Redfin seek dismissal of FTC suit over rentals deal RealEstateNews.com Rusk County real estate transactions The Ladysmith News California firm sells 'megacampus' for $30 million The Business Journals Real Estate Settlement Appeals Probed for Fairness, Scope (1) Bloomberg Law News MLS To AI: The Real Estate Acronym Decoder Every Agent Needs In 2026 Inman Real Estate News McWhinney Rebrands as Realberry, Advancing a More Accessible Real Estate Investment Platform PR Newswire Riskin Partners Presents: A Real Estate Market Update & 2026 Outlook Siteline Santa Barbara |
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