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Real Estate Investing: Being A Realtor, #4
Real Estate Investing: Being A Realtor, #4
Real Estate Investing: Being A Realtor, #4
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Real Estate Investing: Being A Realtor, #4

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Investing in residential real estate can be difficult. The idea sounds great, yet where do you start?

Why invest in real estate? It’s simple: capital gains, and someone else pays your mortgage.

This book will set you up so that you are ready to build up a deposit and you’ll know what to look for in that first property, as well as offer some suggestions for when you are negotiating the purchase. Whether you’re young and single or older with a family, investing in residential real estate can work for you.  

LanguageEnglish
PublisherTom Germann
Release dateNov 2, 2015
ISBN9781519906779
Real Estate Investing: Being A Realtor, #4
Author

Tom Germann

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    Book preview

    Real Estate Investing - Tom Germann

    INVESTING IN REAL ESTATE: HOW TO DO IT

    For generations, people have looked at owning real estate as the true indication of wealth. In North America, home ownership is the largest representation of success for individuals. Real estate is real property and always has some value. If you have property, people who do not have property will come to you as they need a place to live or someplace to put their new business idea.

    The purpose of this book is to educate you on getting started with real estate investments. Your experience level does not matter. You may be just starting off in your career out of school and want to know more about real estate investments. Perhaps you are already established and have a home with a spouse and kids. You may even have an investment property already.

    The purpose of this book is NOT to talk about leases or the sort of tenants that you are going to aim for. Most people first need to know how to get to the point where they are going to worry about those things.

    Establishing some sort of plan and making sure buying investment properties is feasible is more important than worrying about the fine details that should be in a lease, or how to deal with tenants that have been with you for six years, recently became frustrated and have given notice to move.

    Getting to the point where you can buy that first investment property may take years. Being told what conditions to put in the offer to facilitate your leasing the property out immediately after you take possession is easy. But the rules can change quickly, so worry about the leasing agreements and contracts when you are out looking at property.

    Your Realtor can help you out with that.

    The Realtor is an important element of investment real estate for most people. You need someone who knows what they are looking to get you that will generate you the income, not someone who is interested in the quick commission today. If you are serious about this, you could end up buying dozens of properties over your life. Building a relationship with a professional Realtor that is hungry for that business is key.

    INTRODUCTION:

    For years there have been arguments about whether real estate is the best investment tool or other investments are more effective. Stock trading from home part-time may do it for you; so may putting money into the bank. But for most of the rest of the people out in the world who are considering investing in real estate, I will lay some of the questions to rest and also provide an easy-to-follow guide on how to be a real estate investor.

    This system will work for people just starting into their careers, because they can start off immediately targeting investments that work for them. If you are already living in your first home and are getting married soon, then you can use this. Just married with smaller children? Then you can use this to buy investment property and help set yourself up for later; it will just take a little longer. Are your kids almost in high school and you have almost paid off your home? Looking to buy some real estate investments? This can help you start out.

    Understand that the biggest problem for people getting into real estate investing is figuring out how to do it.

    The second biggest problem is finding the money to purchase the investment properties that you want and need for your real estate portfolio.

    The final and biggest problem for those who take the jump is staying in. Most people who want to invest in real estate will be out within two to four years. Those people have the financial means to do so, see what they think is a real deal, and enter the market without fully understanding what they are getting themselves into.

    This book will lay out the basics, including types of investments, types of properties, how to build up the money for the next one, how first-time home buyers can do this easily, and how established families can get into this market. Finally, it presents some questions that you can use to help set up your plan.  

    At the end we will discuss briefly what you can do to decrease the chances of selling off any real estate investments in frustration after three years because you missed important steps in the process.

    Success can mean a lifestyle that later

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