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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hold for your future? 3) Read real estate investing books and articles, attend workshops and seminars, while AVOIDING out-of-date infomercials. 4) Choose a lender with great service, a good closing record, and fair costs, and get preapproved for financing. 5) Define your target locations,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: This Real-Estate CEO Is Waging War on Zillow The Wall Street Journal This real estate company trapped nearly 700 Oregon families in 40-year contracts that even affected their chi OregonLive.com Real estate investor buys Sheraton Phoenix Downtown azcentral.com and The Arizona Republic Where Does the British Royal Family Live? Breaking Down the Firm’s $9.5 Billion Real Estate Portfolio instyle.com Real estate transactions sungazette.com Decay, Abandonment, and . . . Profits? An Unlikely Combination in Real Estate Markets Federal Reserve Bank of Philadelphia Real Estate Lowenstein Sandler LLP Trump Project in Maldives Opens More Doors for Cryptocurrency Investors The New York Times Real Estate Transactions, Nov. 17 edition Hopkinton Independent Risk mitigation, local control drive MLS Handbook revisions RealEstateNews.com Texas Economic Outlook | November 2025 Texas Real Estate Research Center CALV Presents December Classes for Local Real Estate Pros Nevada Business Magazine Real Estate Transfers: Oct. 31, 2025 The Bedford Citizen Engineering ESG: Cortland’s Sustainable Real Estate Leader Sustainability Magazine MCB Real Estate owns these other Station North arts district properties Baltimore Fishbowl NAR CEO on the ‘very heavy lift’ of leading through a turnaround RealEstateNews.com NAR in 2026: A new plan, new leaders, fewer members RealEstateNews.com Membership Rules Are Changing for Real Estate Agents. What It Means for the Housing Industry. Barron's Real Estate Transfers: November 17, 2025 The Owensboro Times Sustainability meets investment at these Mexican real estate projects Mexico News Daily Adaptive Reuse of Vacant Real Estate for Data Centers: Investor Takeaways from the Cboe Headquarters Flip Morgan Lewis Engineering ESG: Cortland’s Sustainable Real Estate Leader Sustainability Magazine 442K-sf Commons at Willowbrook sold Texas Real Estate Research Center REAL ESTATE BRIEFS | Resale News | Homes Las Vegas Review-Journal 90K-sf World Cup Plaza shopping center sold Texas Real Estate Research Center 41 years, 8 lessons, 1 truth about real estate that never changes Inman Real Estate News Rice University’s $120M Gateway Project in the works Texas Real Estate Research Center 900K sf of Harwood District office space sold Texas Real Estate Research Center 540-acre Viera master-planned community breaks ground Texas Real Estate Research Center Column: Be prepared for 2025 Fairfield County real estate revaluations Westfair Communications Notable Leaders in Commercial Real Estate: Alexandra Appenzeller BizTimes - Milwaukee Business News Notable Leaders in Commercial Real Estate: Matt Hunter BizTimes - Milwaukee Business News John R. Wood Christie’s International Real Estate expands, pushes presence with new website South Florida Agent Magazine 110 homes sold across Denton, other October local real estate data Community Impact | News The Trump Organization eyes real estate deal in Saudi government development: Report Middle East Eye Vacant Boylston Street Retail Building Set for Auction in December Boston Real Estate Times East Cobb residential real estate sales, Nov. 3-7, 2025 East Cobb News MacDonald Highlands mansion tops October sales at $13.4M | Real Estate Millions | Business Las Vegas Review-Journal Inhabit Unveils Major AI, Fraud Prevention, and Compliance Innovations for Property Management Industry Boston Real Estate Times Christie’s Brings in Ed Bruehl to Power Its Hamptons Expansion Behind The Hedges Notable Leaders in Commercial Real Estate: Matt Judson BizTimes - Milwaukee Business News See inside this West Barnstable house built in 1800 Cape Cod Times Timberline Construction Recognized with Two ABC Excellence in Construction Awards Boston Real Estate Times Foxfield Sells 50 Broadway Apartment Community in Beverly, Marking Key Milestone for Portfolio Boston Real Estate Times Can Chatter at Holiday Gatherings Predict 2026 Real Estate Market MoreThanTheCurve Boston Multifamily Market Shows Signs of Cooling as Vacancies Rise and Job Growth Slows, Colliers Reports Boston Real Estate Times SVN | J. Beard Real Estate Facilitates Off-Market Sale of Vacant Quick Service Restaurant Property in Tomball, TX Woodlands Online A Gilded Age Mansion in Newport Is on the Market for $28.5 Million Galerie Magazine Iconic coastal gem in Little Compton sells for over $1M: Weekly home sales Fall River Herald News Self-made millionaire Barbara Corcoran reveals her ‘golden rule’ of real estate investing Fortune Norway oil fund to change real estate strategy to fix poor returns Pensions & Investments Loop loss fallout: Chicago homeowners hit with biggest property tax bill hikes in decades Crain's Chicago Business This $795,000 South of Grand house features a heated indoor pool, modern upgrades The Des Moines Register People Who Made a Difference: Matthew Simonsen, Senior Vice President of Real Estate and Development, Dollar General Mass Market Retailers Indiana Borough Council plans to advertise budget that holds the line on real estate tax Indiana Gazette Online Liwan Real Estate Development unveils SAR 4.5bn Liwan Najd, it's largest project to date, at Cityscape Global 2025 Yahoo Finance Notable Leaders in Commercial Real Estate: Angie Tabrizi BizTimes - Milwaukee Business News Notable Leaders in Commercial Real Estate: Ray Hill BizTimes - Milwaukee Business News CDT Realty Corp. buys 20 Washington building in downtown Minneapolis, plans reuse The Business Journals Wickenburg real estate market shows steady strength heading into 2026 The Wickenburg Sun Notable Leaders in Commercial Real Estate: Alyssa Geisler BizTimes - Milwaukee Business News Notable Leaders in Commercial Real Estate: Andy Fishler BizTimes - Milwaukee Business News Special Report From the November 17, 2025, Board of Directors Meeting National Association of REALTORS® Wyoming real estate market continues to grow while others start to slow down The Sheridan Press March of Dimes Westchester/Fairfield Real Estate Awards Breakfast Honors Susan Fox and Mark Stagg River Journal Online |
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