Real estate investment is more composite
than simply buying and selling homes. For choosing which strategy might work, Russ Whitney gives some rock-solid strategies.
1. Buy and Hold
This real estate investment plan is usually
known as rental properties and becoming a property-owner is easier than you
think. You buy a property, you advertise it as for rent and you sign an agreement
with your new occupant
2. Flipping
This is the art of buying and selling real
estate asset without really taking ownership. In a flip situation real estate
contracts get assigned and the being who assigns the contract to someone else classically
gets a commission for their services.
3. Rehabs
Rehabs are the most risky form of real
estate investments and you search for a cheap, run-down property and you hope
that your preliminary remodel cost estimates will leave enough room for a nice
profit.
4. New Construction
This is the most reasonable and easiest
way of real estate investment. Getting into the initial phase probable of a new
development is a sure thing to make money.
For More Real Estate News: Russ Whitney- 3 Essentials Leads to Success in Real Estate
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