Are you looking to become wealthy in Real Estate today? You are not the only one. There are many people out there that are trying real estate investing. Some succeed and others fail. I am writing this article to help people like you succeed.
Why is Real Estate Investing so popular?
Traditionally individuals have been taught to invest their money in CDs, Money Market Accounts, Mutual Funds & Stocks. Today the rate of return is abysmal for these types of investments. CDs pay out between 0.25% and 1.14% annually and Money Market Accounts pay out 0.90% annually. Mutual Funds and Stocks go up and down daily and there are no guarantees that you will make a profit.
Now supposed you had a means of getting 100%, 200%, 300% or more on your investment today. Imagine working for yourself. Having free time to spend with your family or to relax. Real Estate investing is the best and safest method of accumulating wealth in America. 85% of all wealthy people have created their fortunes through real estate.
How can you succeed when some fail?
The secret to successful Real Estate Investing is creating different streams of income by implementing different investment strategies. Here are 3 major strategies used to generate income in Real Estate Investing.
Wholesaling - A strategy where you put a property under contract and then you sell the rights to the contract to a second party for a fee. Remember, there are a lot of investors out there. You will find that fellow Rehabbers are looking for houses to buy and are willing to purchase Wholesale. It saves them the effort of marketing for the lead, evaluating the lead and negotiating with the seller. Rehabbing - A strategy where you buy a property below market value, fix it up and sell it at retail value. This strategy realizes a greater profit potential then Wholesaling, however, it takes more time for you to get paid and your risk is greater. Buying & Holding - A strategy where you buy a property and hold it. You receive income from the property by renting it out. One of the downsides to Buying & Holding is that you will go through periods where there is no tenant in the property and therefore no cashflow. However, an advantage is that you can always sell the property for quick cash.
All of these strategies individually will make you money. However, to accumulate true wealth it is best to implement all 3. The good thing is that ทาวน์เฮ้าส์มือสอง ราคาถูก you can start doing just one and as you gain experience and wealth, you can tackle the others. If you are new to Real Estate Investing I recommend starting with Wholesaling.
If you are a seasoned investor who prefers making greater profits through rehabbing then I recommend Downloading my powerful FREE report "How to Buy A Wholesale Deal Without Taking A Bath! ($97 Value) by clicking the link below.
ไม่มีความคิดเห็น:
แสดงความคิดเห็น