Welcome to the Real Estate Forum


The "ORIGINAL" Real Estate Social Network" SINCE 2005 and your #1 Resource for all things Real Estate


  •  »Over 35,000 Members
  •  » Answer Questions From "REAL" Buyers & Sellers
  •  »Ask Questions & Share Stories With Fellow Real Estate Professionals.
  •  »Read Articles & Blogs written by Real Estate Professionals.

...you have come to the right place!


YES! I want to register an account for free right now!


p.s.: For registered members YOUR FORUM NAME is free of ads

Page 1 of 2 12 LastLast
Results 1 to 10 of 13
  1. #1
    Join Date
    Jul 2009
    Posts
    215

    Default How to Start Investing in a Real Estate Market

    If you do not have any idea at all, it is best to prepare yourself first and foremost before going out of the market and do your thing. Besides, you will just end up doing the wrong things if you do not armed yourself with the proper knowledge and information about how real estate investing works and information about the market itself.

    If you are thinking on how to gain ideas, knowledge and information about it, then let me tell you that there are heaps of ways to obtain it.

    If you are determined enough to go out of Tampa real estate market and invest, then it is right for you to allocate time, effort and patience in learning. If its learning you want, you can earn it by lots of ways, one of which is enrolling yourself to university that offer real estate investing. Indeed, being in such university, you can gain lots of knowledge and information that can help you in preparing yourself to the real market, to the actual real estate world.

  2. #2
    Join Date
    Jan 2010
    Location
    Makati
    Posts
    69

    Default

    Get enough capital on investing on a property,and sell it on a price that will surely give you a profit. Start investing on a right property that will give you less expense. Study well on proper techniques and ideas on how to gain in real state business.

  3. #3
    Display Houses's Avatar
    Display Houses is offline Condominium
    Join Date
    Nov 2009
    Location
    Australia
    Posts
    306
    Blog Entries
    13

    Default

    It is really best to study and learn how real estate works before to start investing to any property. Real estate investment is so risky so careful planning and thinking should be done to become successful.

  4. #4
    kelly is offline Fixer Upper
    Join Date
    Mar 2010
    Location
    Canada
    Posts
    22

    Default

    I think the real estate business is growing day to day. Investment is investment, do it anywhere in the world.... But for that you have to compete knowledge about real estate....

  5. #5
    homefish is offline Fixer Upper
    Join Date
    Mar 2010
    Location
    US
    Posts
    23

    Default

    Timing the market seems to be more luck than anything. I'd say the safest way to make a profit in this market is to buy a short sale or foreclosure with the plan of living there and fixing it up.

    But then again, I'm just a random stranger on the internet so you shouldn't listen to me
    http://www.home-fish.com - Government owned foreclosures, plotted by city. Free for users!

  6. #6
    Waterfront Specialist is offline Condominium
    Join Date
    Nov 2008
    Posts
    181

    Default

    buying real estate is about other than just finding a place to call home . . . investing in real estate has turn into more and more popular over the last fifty years and has become a general investment vehicle . . if it is correct well in your overall investment plan to make your financial goals. however it is recommended to consider certain aspects before jumping into it . . .

  7. #7
    ramirezhenry55 is offline Fixer Upper
    Join Date
    Mar 2010
    Posts
    22

    Default

    I think the key in a successful real estate investment is location, location and location. Prices may be a lot bigger on prime areas but this would give you a better ROI instead of buying low priced lots that will only make your money stagnant.

  8. #8
    homefish is offline Fixer Upper
    Join Date
    Mar 2010
    Location
    US
    Posts
    23

    Default

    Not necessarily. Let's remember that Las Vegas had tons of prime area. So did Detroit, and so did Pheonix. Now look at them.

    The secret to making money in this faltering economy is not a secret - go for the foreclosure that needs some TLC, fix it up, and wait out the storm. At the very least, you'll learn some cool renovation skills, and it's not as risky.
    http://www.home-fish.com - Government owned foreclosures, plotted by city. Free for users!

  9. #9
    EveNyasia is offline Fixer Upper
    Join Date
    Mar 2010
    Location
    Singapore
    Posts
    13

    Default

    The hardest part of doing anything is the beginning. Like everything else, real estate investing is a risky endeavor. Taking time to think about what types of investments to pursue or how much to invest is critical before starting a real estate investment business. However, don’t let the analysis become paralyzing. Real estate, as an asset class, represents a much safer investment in most areas than stocks. Furthermore, an investor can directly affect the bottom line of his/her investment.
    Start Investing Today

    Now could be the best time to start investing in real estate. With the market already substantially off of its highs, the downside for new investors is fairly low. One of the biggest mistakes new investors tend to make is paying too much or renovating too much. In this market, the low prices offer a buffer for those two particular issues.
    Avoid Overpaying

    Paying too much is traditionally a problem with new investors because they do not have a good understanding of the pricing in their market. This can be avoided by simply comparing lots of properties. Beyond strong pricing data, that exercise will help investors get a good understanding of their competition.
    New investors also have a fear of offending a seller. This fear is simply irrational. Not only do buyers and seller rarely meet, but in this market sellers want to know that someone is interested in their property at any price. Even if its insulting, a low offer can help a seller in various ways. First, they know that someone is interested in their property at some price and second, they might realize that their home is price well beyond the market. In declining markets, sellers put their price on the market at one price. That house might be on the market for six months and by month seven better houses are coming on the market at 10 or 20% discounts. Any bid will aid the seller, so don’t be afraid to bid below the market.
    Avoid Over-renovating

    The other problem new investors face is putting too much money in the property. Thorough property tours will offset one aspect of this problem. Make sure that renovations reflect the competition. Investors should try to create a home that is slightly better than most of the competition, but by no means the best on the block.

    Grass trimmer
    chest freezers
    Last edited by EveNyasia; 03-30-2010 at 02:16 AM.

  10. #10
    icondos is offline Fixer Upper
    Join Date
    Jan 2010
    Posts
    54

    Default

    Start by investing time to understand and study the flow of the business. Make a good capital and start investing on good properties which will ensure your profit. Estimate all expenses so that you can avoid over paying. Most importantly, build a good relationship in people in the industry which might help you in the future whether they are buyer,seller or agent.

Page 1 of 2 12 LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •