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#450079 - 01/24/16 05:07 PM Share tips for real estate investors
Manazil Real Est Offline
Junior Member

Registered: 01/24/16
Posts: 3
Loc: Dubai, U.A.E.
Once the market starts to rebound, investing in real property also becomes a more appealing idea -- either as a career or a great side job. Like any other endeavor, though, there's a right way and a wrong way to go about it.

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#453178 - 06/24/16 08:08 PM Re: Share tips for real estate investors [Re: Manazil Real Est]
GCH Offline
Member

Registered: 06/24/16
Posts: 22
Loc: Vancouver, WA
Tips for real estate investors are as follows:
1.)While investing in real estate the first step is location i.e. if your location is good then it will give you benefits.
2.)You should keep watching on the wholesale properties.
3.)You should have good understanding for tax benefits.


Edited by GCH (06/24/16 08:09 PM)

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#453695 - 08/01/16 09:01 PM Re: Share tips for real estate investors [Re: Manazil Real Est]
goasya Offline
Member

Registered: 07/16/16
Posts: 59
Loc: Karnataka,India
Always consider multiple sources when planning to buy and look for the best areas and make sure with local real estate investors

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#453716 - 08/02/16 09:11 PM Re: Share tips for real estate investors [Re: Manazil Real Est]
PacificLifestyle Offline
Member

Registered: 06/27/16
Posts: 10
Loc: washington
Here are some tips for real estate investors : -

1) Always Check your credit report and your ability to Finance in real estate property.

2) Find a good bank and loan broker.
3) Take baby steps and don't give up.
4) Know your market and understand the all real estate needs.
5) Do proper screening process with tenants.

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#454133 - 08/27/16 02:44 AM Re: Share tips for real estate investors [Re: Manazil Real Est]
WalterLay Offline
Junior Member

Registered: 08/27/16
Posts: 3
Loc: usa
Real estate investing is a business.Start by developing a good business plan, detailing the nuances of starting and running your business, with realistic goals over time frames of one, three, five and 10 years.
Some new investors make the mistake of limiting their search to areas close to their home. But often better rental areas may be located a little further away.
My uncle also started investing property, but before investing he always takes the legal advice. To get the best assistance in all his investment needed.To get the best assistance it is suggested that you also hire a good and also very reliable real estate attorney.


Edited by Admin (08/27/16 03:50 AM)
Edit Reason: url removed

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#456266 - 01/10/17 09:08 PM Re: Share tips for real estate investors [Re: WalterLay]
Jhony Offline
Member

Registered: 12/13/16
Posts: 44
Loc: Maharashtra > Other areas
Hi,

Investment in Real estate is a good business. Before starting you should take advice from your local agents. Checkout proper property location because good location give you profit on your ROI.

Regards

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#458594 - 07/31/17 09:22 PM Re: Share tips for real estate investors [Re: Manazil Real Est]
Catharine Offline
Junior Member

Registered: 07/31/17
Posts: 1
Loc: USA, California
Generally people invest to have enough money to live on when we no longer can or wish to work.

But before you invest their are various things that should be considered -
1. Know your financial budget as to how much you can invest for now.
2. You absolutely need to learn some basics before investing to avoid any kind of further mistakes.
3. If in a doubt consult the real estate professionals
4. Donít just grab the first property you look at. Have a look at the various properties and then decide which suits you the best.


Edited by doug (08/01/17 02:12 AM)
Edit Reason: url removed

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#458958 - 09/01/17 03:49 PM Re: Share tips for real estate investors [Re: Catharine]
Long Walk Online   content
Member

Registered: 06/27/08
Posts: 119
Loc: New Hampshire
It is very easy to forget that there is significant risk in real estate investing. Before a new investor does anything, it is best to write a business plan. That plan needs to completely identify risk and the investor's ability to finance the operation (flipping or renting or developing) until it is stabilized or sold.

The business plan must also explain how deals will be valued. If a new investor is not very comfortable with this part, then risk increases and must be addressed.

There is more to write, but planning carefully will help avoid some devastating mistakes.

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#459402 - 10/16/17 10:59 PM Re: Share tips for real estate investors [Re: Manazil Real Est]
Hailey Offline
Junior Member

Registered: 10/16/17
Posts: 5
Loc: Australia
Save your money, build some good credit, and keep an eye on the average selling prices in your area.

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#459598 - 10/28/17 04:26 AM Re: Share tips for real estate investors [Re: Manazil Real Est]
CRSmith Offline
Junior Member

Registered: 01/10/16
Posts: 8
Loc: CA, USA
I do agree with you Manazil, it is of great benefit in starting a career as a real estate agent when the market starts to rebound. Real estate broker career has numerous benefits only if, the person takes the right step in each situation. Even investing in real estate requires a lot of mind strategies to achieve profit in business.


Edited by Admin (11/06/17 03:23 PM)
Edit Reason: url removed

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