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Real Estate Information |
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Ten Steps for Becoming a Successful Real Estate Investor
The secret to success in real estate investment is finding bargain properties that you can "flip" quickly for a profit. Here are a few ideas for becoming a successful investor: 1) Obtain sound advice from investors who are already successful. Friends and realtors can refer you to folks who have proven investment track records. 2) Define your investment goals. Do you want to buy a home to live in, to fix and sell, or to hold for your future? 3) Read real estate investing books and articles, attend workshops and seminars, while AVOIDING out-of-date infomercials. 4) Choose a lender with great service, a good closing record, and fair costs, and get preapproved for financing. 5) Define your target locations, and become an expert. Study real estate newspaper sections, pick up sale flyers, and note sales prices in your target area. 6) Interview real estate agents and learn from them, but don't sign any agreements that will limit your search for bargain properties. You're looking for agents who know your target market thoroughly and will work hard to find properties for you. 7) Find a good escrow officer and use them for every transaction. They'll know your needs and will quickly learn how to expedite your transactions. 8) Study home remodeling techniques by reading design magazines and books. Learn the cost of materials, supplies, and building trades by visiting home improvement warehouses and talking with remodeling professionals. 9) Make many offers on properties, including bidding on HUD repos, asking for great terms and concessions from sellers. The more offers you make, the greater your chance of success. 10) Always have your transformation in mind. Have a plan for what will turn a doghouse into a dollhouse. It will speed turnaround time and save you money on mortgage payments. Copyright. 2004. Jeanette Fisher. All Rights Reserved. Professor Jeanette Fisher, author of Doghouse to Dollhouse for Dollars, Joy to the Home, and other books teaches Real Estate Investing and Design Psychology. For more articles, tips, reports, newsletters, and sales flyer template, see http://www.doghousetodollhousefordollars.com/pages/5/index.htm
MORE RESOURCES: Buyers pulling out all stops in Lehigh Valley bidding wars, real estate agents say lehighvalleylive.com The New Voice of Real Estate — RISMedia | RisMedia.com REAL ESTATE TRANSACTIONS Arkansas Online Best of Inland Empire 2020: Best Real Estate Company Press-Enterprise A&E Real Estate Personalities Face Legal Scrutiny Banker & Tradesman Marin real estate market extends pandemic rebound Marin Independent Journal Jim Valentine: Real Estate tid bits | NevadaAppeal.com Nevada Appeal Advanced Real Estate Launches $250M Fund GlobeSt.com Dan Gilbert's safest bet? Sakthi deal moves real estate mogul into industrial space Crain's Detroit Business Routt County real estate sales total $60.9M for Sept. 11 to 17, 2020 Steamboat Pilot and Today Breckenridge places 5th among US cities experiencing real estate booms during pandemic Summit Daily News A 'Booming Real Estate Market' is Demonstrated by a Backlog of CCOs for Wayne Township - TAPinto.net Worcester County real estate transfers, Sunday, Sept. 20 Worcester Telegram Real Estate News | Business | postandcourier.com Charleston Post Courier La Crosse County real estate transfers for Sunday, Sept. 20 La Crosse Tribune Real News | Real Estate | gjsentinel.com The Grand Junction Daily Sentinel Albany businessman launches SouthCore Real Estate | News The Albany Herald Is Brookfield's Real Estate Business in Trouble? Motley Fool Iredell County real estate transactions: Sept. 4-12 Statesville Record & Landmark Dayton's housing scene remains 'incredibly hot' through pandemic — here's why Dayton Business Journal Inside look at Baton Rouge's real estate market and why some homes are selling in hours The Advocate A Good Time to Sell a Home, Say Real Estate Experts RisMedia.com 2020 Best Real Estate Projects: Bow Street Apartments - Sacramento Sacramento Business Journal REAL ESTATE TRANSFERS | News, Sports, Jobs SalemNews.net Temperatures Are Cooling But REALTORS® Are Anticipating a Hot Real Estate Market This Fall Kansas City Star Real Estate Investments in the Time of COVID-19 Wealth Daily Recent Commercial Real Estate Transactions The New York Times Is fall the new spring for real estate in 2020? Washington Blade Dick Crosby, a 'gentle giant' of Rockford real estate, dead at 92 Rockford Register Star Manhattan Real Estate Update: What's Your Strategy? westsiderag.com Greenwich Real Estate Report: Sept 11-Sept 18, 2020 Greenwich Free Press 2020 Best Real Estate Projects: Sutter Roseville Medical Center expansion - Sacramento Sacramento Business Journal Phoenix real estate firm makes its first deal, buys $50M building from car retailer Phoenix Business Journal Huntsville near top of Zillow list for real estate markets to watch Birmingham Business Journal Moore Real Estate | Fort Worth Fort Worth Star-Telegram Real Estate Roundup 9.16.20 Real Estate Daily Beat Favorable conditions for real estate sellers exacerbated by pandemic, experts say The Keene Sentinel 'Wave of foreclosures' expected to hit commercial real estate market Houston Chronicle The 4 Cornerstones of Real Estate — RISMedia | RisMedia.com Mr. Met: Meet Steve Cohen and Get to Know the Mets' Real Estate and Finances Commercial Observer This Week in EG Real Estate: 18 New Listings – East Greenwich News East Greenwich News Real Estate: Mitigating fire danger on your property Tahoe Daily Tribune Commercial Real Estate Leadership Award winners revealed Puget Sound Business Journal (Seattle) Sandusky County real estate transfers The News-Messenger 2020 Best Real Estate Projects: Ernest E. Tschannen Science Complex - Sacramento Sacramento Business Journal Firm Real Estate plans redevelopment of 6-story Eastern Market building into apartments Crain's Detroit Business Real Estate Transfers: Sept. 20, 2020 | Business | messenger-inquirer.com messenger-inquirer 2020 Best Real Estate Projects: Gio Apartments - Sacramento Business Journal Sacramento Business Journal Real Estate – September 17 Greenfield Daily Reporter Real estate exec sells Boca Raton home for $5M The Real Deal Real estate investor buys neighbor's house for $6.3M Miami Herald Judge tosses most claims against lottery retailers in real estate executive case Crain's Detroit Business Martha's Vineyard News | Recent Real Estate Transactions: Week Ending Sept. 11 The Vineyard Gazette - Martha's Vineyard News Sold: Search the latest Macon County real estate transfers Herald & Review Why Los Feliz is a hot spot for celebrity real estate The Eastsider LA Real Estate in the Time of COVID-19 - CStore Decisions Convenience Store Decisions Palihapitiya finds next '10x idea' with $4.8 billion SPAC deal for real estate start-up Opendoor CNBC Fort Worth’s Crescent Real Estate adds to hotel holdings with Georgia purchase The Dallas Morning News RealLife Tiny Homes sells first model, looking for more development sites Cincinnati Business Courier Providence Real Estate Names CEO Inside INdiana Business Real-estate transactions: Sept. 18, 2020 - News Pekin Daily Times |
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