Wholesaling houses. There are many real estate investing opportunities today and this business is one of the best options you have. That's because it is considered ideal for beginners. The capital required to start this business is unbelievably low. That's because you don't actually need to buy houses before selling them; you only need to place them under contract. Once they are under contract, you can advertise the property to interested buyers. Then, assign the contact to that buyer and solicit an assignment fee for doing so. In many states, the assignment fee plays between $5,000 and $10,000.
Rehabbing houses. Rehabbing is also among the real estate investment opportunities you must try today. This business deals with dilapidated properties that may be bought cheap but sold high. What rehabbers do is fix these properties before selling them. It usually takes a few weeks to a few months to complete a rehab project. Although a rehab transaction lasts longer than a wholesale, the profits in this business are usually bigger.
Rental properties. If you want passive income, rentals is the way to go. Simply put, you will become a landlord who collects rent every month. This business, like other real estate investing methods, is considered effective in today's market because of the availability of properties that may be used as rentals. These are properties that are bought cheap but are cash-flowing.
The key to succeeding in these real estate investment opportunities is being able to purchase properties at very low prices – something that is rather achievable in today's market. That's because of the availability of bank owned homes, foreclosures, and other cheap properties that have yet to pick up prices after the recession.
Keep in mind though that having sufficient financial capital is not enough for you to succeed in any of these businesses. You must educate yourself on the techniques used in investing, especially those pertaining to real estate. Get your hands on all informational materials you find. You can also go online and start your education there. Go to REIWired.com and discover what else you need to start investing in real estate.
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REI Wired is the ultimate real estate investor network on the planet. The sole purpose of this site is to arm you with the cutting-edge real estate investing tactics being used by the hottest investors in the industry...so you can dominate your competition and close more deals... FAST.
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