Real Estate Investors - Where's the Best Deal
1.Gurus and new guy investor trainers across the country are
teaching new investors how to buy 2 to 3 or 10 to 15 houses per
month using some straight forward techniques and some convoluted
inside-out upside-down tactics to control real estate. For a
mere $3,000 to $7,000 you can spend a weekend learning some
techniques that seem so easy in class yet nearly impossible when
you get home. Unless of course you are willing to take the risk,
over come the fear, and dive in head first.
2.Working with a competent real estate agent who is also
knowledgeable about real estate investments may be the easiest
way to by discounted real estate in every market of yesterday,
today, and tomorrow. You can find the deals and they can help
you put them together.
3.Knowledgeable agents are hi tech internet savvy they will work
with you defining an area and price range you are comfortable
with. They can research the MLS every day or every week and
email any new listing that comes up fitting your criteria.
4.The biggest question on the investor side is always financing,
how can, I put a deal together with no money down? Guess what?
There will be in almost every transaction some money down or
some money in the deal. The object is to have it not be your
money or not much of your money. An investor Real Estate agent
will be able to help put you on the path to effective financing.
5.How do you find deals? Become knowledgeable about your market
place. Know what properties have sold for, what's on the market
and what price. Be ready to act when a potential property comes
up.
6.Don't be afraid to make offers, you can't buy a property
without first making an offer. Some folks say that if your offer
is not embarrassing it's too high. There is a lot of truth to
that. Your best deal is always on the other side of your offer.
7.Join your area REIA (Real Estate Invesment Association) good
deals are at every meeting. Some REIA's have hundreds of members
who have properties ready to go that may be just what your
looking for.