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Showing posts from November, 2021

3 Ways to make money Investing in Real estate

Investment in Real Estate can be highly profitable and can yield high returns on investment especially in a longer period of time.  Home prices usually have a high percentage increase over time and the property market has been experiencing highreturns lately There are many ways to make money investing in real estate. Some cool ways  include: 1. “Flipping” a property means that you buy an old property at @ cheaper rate fix it up quickly, and resell it for a profit. This is short term profit maximization.  2. Foreclosures are another way to get investment property, which is when a home owner defaults on a loan and the mortgage holder then puts it up for auction mostly found in the western countries . 3. Paper investments, or non-property real estate investments, are when you invest in a mutual funds or bond that is directly related to the real estate market, but not actual property. You  will receive a certain percentage profit of your actual investment after a period ...

YOUR FIRST REAL ESTATE INVESTMENT

  Educate yourself. This doesn’t mean that you need to go back to school,but you do need to take responsibility for what you need to know, andl earn it. Study the market you’re interested in entering. Engage real estate agents to find the sales prices of comparable properties.  Learn about the transaction process, each person’s role and responsibility, the legal requirements, and the title documents associated with properties and the fees involved. By researching prices you can avoid losing money. 2. Get your financing in order. A common mistake made by first timeinvestors is to find the property first, then get financing. Before you go out to find that hidden gem, get your  finances down 3. Search for your home. It can be difficult to find real estate that you can profit from. Find "Real Estate consultants" or "Agents" via the internet and local newspapers and offices 4. Work out a fair deal. You'll need to bargain for the best price once you've located the...