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How to become a real estate investor?


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john2020
PostPosted: Tue Aug 03, 2010 6:33 pm Post subject: How to become a real estate investor? Reply with quote

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How to become a real estate investor?
Hello real estate brokers and investors everywhere! I'm 22 y/o and i want to get into the real estate business. first and foremost, i wanna know if you NEED to become a real estate broker before becoming an investor? because the way i see it, being a broker is a great advantage for an aspiring investor in real estate because it can make you learn about all aspects in this type of business. correct me if i'm wrong though. I have no knowledge about these things so the correction and additional info are greatly appreciated. Thanks.





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maha22
PostPosted: Thu Aug 12, 2010 7:42 pm Post subject: Reply with quote

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In my opinion there are favorable and unfavorable reasons to have a real estate sales or brokers license.
The biggest draw back to having a license is that you have to disclose to each person you purchase a house from that you are a real estate agent or broker. Some people are turned off by this fact.

If you are ever in need of a real estate agent or broker there are many available for you to use.

To obtain knowledge about the real estate market requires lots of studying and a marketing plan on your part.

There are several ways to market yourself as a real estate investor.

There are many avenues that you might take to make a lot of money. The one way I have found to make a lot of money is helping people. The more I helped the more I made. I selected real estate as my method of helping people.

In helping people the deal must benefit all concerned and not one sided against another.

There are several things you need to know when investing in real estate or buying foreclosures, probates and other distressed properties for flipping.


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SaraCEO
PostPosted: Fri Aug 13, 2010 3:16 am Post subject: Reply with quote

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I suggest you take a proper education in the real estate investment then go start your career in REI. I know it is a good field to start. But it is not a game. You must be properly aware of market trends and REI standard. Which you can't get in a day..
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rosetaylor01
PostPosted: Wed Oct 13, 2010 11:54 pm Post subject: Reply with quote

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The most important factor in your becoming a successful real estate investor is your state of mind. If you are still thinking like an employee who is seeking the approval and permission to succeed, then you will never get there.
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paulapayton
PostPosted: Wed Mar 09, 2011 5:16 am Post subject: Reply with quote

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manimoor
PostPosted: Sun Aug 21, 2011 11:51 pm Post subject: Reply with quote

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Hi..i provides some steps here....

Here are some steps to getting your Real Estate Investing career started:

1. Figure out what type of investor you want to be. Do you want to buy house to rehab and flip? Maybe you want to rehab and hold them. Conversely, maybe you want a turnkey investment that is fully rented. If you are uncertain, visit your local Real Estate Investing (REI) club meeting and talk with other investors.

2. Read everything you can about real estate investing. Read and participate in on-line investor forums as place to ask questions and learn. Find a local investor, take him to lunch, and have him explain the business. This lunch may turn into a friendship and this person may become one of your real estate advisors.

3. Find a mortgage broker that owns and specializes in investment properties. You can find great deals all day long, but if you don't have your financing in order, you won't be able to buy any of them. S/he should own investment property because it is important they understand the nuances of being a landlord. They can also become that trusted advisor that you can call to ask questions once you do become a landlord.

4. Ask your new mortgage broker to refer you to a real estate agent that also specializes in investment properties. Again, s/he should own and manage their own rental properties and/or do the same type of investing that you are interested in. If s/he doesn't own investment property, how are they going to help you find the best property for you to purchase? Your real estate agent will become another advisor to teach you about the market and how to evaluate property.

5. When you find the deal, analyze it thoroughly, but quickly. Too many new investors lose deals because of stage fright or analysis-paralysis. Lean on your advisors to help you know that is or is not a good deal. Then make the offer!

6. Once you get your first offer accepted and you are at the closing, ask questions about the process. Learn all you can about how the closing works by understanding the documents you are signing.

7. After closing, immerse yourself in the business. This is your business/property now. Ask questions and learn from anyone willing to give you advice (contractors, tenants, and inspectors).


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phoniex05
PostPosted: Fri Aug 26, 2011 3:19 am Post subject: Real Estate Investing Reply with quote

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Quote:
1. Figure out what type of investor you want to be. Do you want to buy house to rehab and flip? Maybe you want to rehab and hold them. Conversely, maybe you want a turnkey investment that is fully rented. If you are uncertain, visit your local Real Estate Investing (REI) club meeting and talk with other investors.

2. Read everything you can about real estate investing. Read and participate in on-line investor forums as place to ask questions and learn. Find a local investor, take him to lunch, and have him explain the business. This lunch may turn into a friendship and this person may become one of your real estate advisers.


Your information on real estate investing.
Now i can understand what are the benefits and risks in the real estate investing.
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mveeranath
PostPosted: Fri Sep 02, 2011 9:04 pm Post subject: Reply with quote

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irst of all you will have to educate yourself in the business you would want to be successful in. Therefore you would need to go to your favorite book store and buy as many books about investing in real estate as you can.
There are many type books available, so you can get an idea which end of the real estate investment spectrum you would like to be involved in.And by daily market research , observation of market properly before investing , observation of area by taking care in all these factor one can become successful investor.
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jessiccarobertt
PostPosted: Tue Oct 11, 2011 9:26 pm Post subject: Reply with quote

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If you ever have dreamed of a real estate investor, you are not alone. But this expression is deceptively simple, because for 99.9% of all people to share your dream, it is all that remains - a dream. Why? Because they do not know how you do it, they do not take the time to learn how to do it, and then they will not just go and DO IT!

House Barcelona
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seagal1
PostPosted: Tue Nov 01, 2011 1:17 am Post subject: Reply with quote

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You should have a great investment if you want to invest in real estate.
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hilfiger
PostPosted: Thu Dec 15, 2011 12:19 am Post subject: Reply with quote

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If you want invest in real estate you need to collect some money and invest and sell that with a profit and keep doing it.
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avanish
PostPosted: Fri Jan 27, 2012 12:40 am Post subject: Reply with quote

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If you want to become a real estate investor, the first thing you must aware about the current real estate market. Next comes the investment money and all other factors. To get an idea about the current price rate and the demands you just go through any real estate site..
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