Creative Real Estate Investing - Is it For You?
Buy a house for 60 percent less than it's worth, splash a new coat of paint on the walls and do a bit of landscaping, and you've just made the fastest $100,000 of your life.
Right? Some people have actually been lucky enough to do just that.
There are times when people just want to get rid of a house without the headaches and will take whatever they can get.
Think divorce, the emotions involved after a death in the family, banks that own real estate even though they are not in the real estate business.
These opportunities do exist and even during a tough economy they are making people rich.
Typically, though, it is not as easy as presented.
People successful at flipping properties and creative real estate investing have not only developed a skill, they have built a business.
Usually after a lot of trial and error, they have developed a system that allows them to find these "once in a lifetime opportunities" to profit.
They have developed valuable relationships with "insiders" and have the resources that allow them to act quickly when the opportunity arises.
Becoming a real estate investor is by no means easy, but it can be a highly profitable business.
There are thousands of homes that sit vacant, thousands of people get married every day and don't want to bother with headaches, and thousands of people get relocated and their employers are willing to pay for any losses.
These, and many more, situations present unbelievable opportunities to profit in real estate, and they don't have to be junk houses that need major rehabilitation.
There are plenty of people who have beautiful homes but just need to get out fast.
That's where the real estate investors steps in to make an offer, solve their problem, and create wealth as a reward.
Sounds easy, right? There is a lot to real estate investing that can make things complicated, but sometimes it really is that easy.
In fact, there are some strategies that allow you to never actually own the home or require you to put any money down.
By simply being the guy who finds the deal and knows how to structure it correctly, you can walk away with a five figure paycheck without owning a thing.
You may be saying to yourself, "If it was this easy, why doesn't everyone do it?" That's because this is a really simplified explanation of how to profit in the real estate market.
Those who treat it as a real business can become extremely wealthy, but it takes a lot of hard work and discipline - particularly up-front.
Right? Some people have actually been lucky enough to do just that.
There are times when people just want to get rid of a house without the headaches and will take whatever they can get.
Think divorce, the emotions involved after a death in the family, banks that own real estate even though they are not in the real estate business.
These opportunities do exist and even during a tough economy they are making people rich.
Typically, though, it is not as easy as presented.
People successful at flipping properties and creative real estate investing have not only developed a skill, they have built a business.
Usually after a lot of trial and error, they have developed a system that allows them to find these "once in a lifetime opportunities" to profit.
They have developed valuable relationships with "insiders" and have the resources that allow them to act quickly when the opportunity arises.
Becoming a real estate investor is by no means easy, but it can be a highly profitable business.
There are thousands of homes that sit vacant, thousands of people get married every day and don't want to bother with headaches, and thousands of people get relocated and their employers are willing to pay for any losses.
These, and many more, situations present unbelievable opportunities to profit in real estate, and they don't have to be junk houses that need major rehabilitation.
There are plenty of people who have beautiful homes but just need to get out fast.
That's where the real estate investors steps in to make an offer, solve their problem, and create wealth as a reward.
Sounds easy, right? There is a lot to real estate investing that can make things complicated, but sometimes it really is that easy.
In fact, there are some strategies that allow you to never actually own the home or require you to put any money down.
By simply being the guy who finds the deal and knows how to structure it correctly, you can walk away with a five figure paycheck without owning a thing.
You may be saying to yourself, "If it was this easy, why doesn't everyone do it?" That's because this is a really simplified explanation of how to profit in the real estate market.
Those who treat it as a real business can become extremely wealthy, but it takes a lot of hard work and discipline - particularly up-front.