How to Get Start in Real Estate Investment

**Waterfront Specialist** · 01-06-2010, 04:34 AM

Real Estate Investing is a great way to create residual income and build long term wealth. In my opinion there is no other business where a normal person can build life changing wealth if they take the time necessary to learn how to invest in real estate the right way, develop goals and action plans, and implement proven business models.

However, one of the biggest mistakes both new and old real estate investors make is thinking that the fastest way to succeed in real estate investing is finding properties at deep discounts, investing a few dollars in repairs, and then selling them at or near retail. Although this strategy sounds like it makes sense on the surface and even may work for a while, in reality it's what gets many real estate investors in trouble down the stretch. The real key to insuring a long and successful life in real estate investing is to look at investors who are successful and study what they do and use their models in your business.

**Luxury Homes Tampa** · 01-29-2010, 02:29 AM

For starting real estate investment we must first define our goal. then decide in which area you want to invest. if you fill uncomfortable than you will contact real estate agent or real estate broker. they people can find good property for you.

**reuvas** · 01-30-2010, 04:44 AM

we must check its market worth and future value for this typo investment.

**florida real estate** · 01-31-2010, 09:39 PM

for starting a investment n real estate you will first do finding the best property(commercial or residential or vacant plot). See it is on which pace? To saw nearest area of this property. how airport ,railway station and market far from this property.you can also take advise from smart real estate agent.

**snvtanmay** · 02-02-2010, 01:10 PM

Hi
I think Real estate investment comes with its own challenges and it is important that you know them and have a plan for resolving each of them. For most that are bringing in investors to look at your plan, the investors will want to see that you have experience in acquiring and managing real estate - strong enough to face the challenges involved.
Thanks !!!!

**tanmaysnv** · 04-01-2010, 03:05 PM

I think it's great you are interested in real estate investing at such a young age. One of my mentors bought his first property, a multifamily building, when he was 16 years old. There are a few ways you could learn about real estate. I disagree with those might who tell you to become a real estate agent. There are times when becoming an agent is detrimental (I know since I am a licensed agent)

**robertwhorner** · 05-06-2010, 07:58 AM

Originally Posted by tanmaysnv

I think it's great you are interested in real estate investing at such a young age. One of my mentors bought his first property, a multifamily building, when he was 16 years old. There are a few ways you could learn about real estate. I disagree with those might who tell you to become a real estate agent. There are times when becoming an agent is detrimental (I know since I am a licensed agent)

I completely agree. You do not need to become a realtor to invest in real estate. You can learn through books, mentors, and experience.

**Display Houses** · 05-14-2010, 12:16 AM

You should also study the status of real estate market in your local area. I think being knowledgeable with this will help you be more careful in your investing.

**freelancerpoker** · 06-09-2010, 10:09 PM

Maybe you should start your career as a broker first. You will get more experience and more income this way.

**jason_simpson** · 06-24-2010, 06:24 AM

Evaluate the tax situation - taxes are the most essential part of real estate investing. They make out much difference between negative and positive cash flow. Study the tax situations carefully and see how you can be calculated to your advantage. New comer