Making money on high end houses

Another way of making money with real estate is to option high end houses. You do not have to guarantee a note in order to do this. Leverage gives you the ability to have ownership of a large asset without using a large portion of your money. Depreciation allows you to lessen the value of the property and use this amount as a business expense for tax purposes. If you are honest when putting the numbers together, they will never lie to you. This can be done without risk by developing a subject to deal. This means that you find a house that has a lot of equity already in it, such as a million dollar house with three or four hundred thousand in equity. You option this for one price and through the use of killer sales strategies, you sell it for much more. You don't have to borrow any money yourself. Furthermore, there has never been a better time than the present for making money on these high end houses.

Investing in real estate is always a good income

Many people are under a huge load of debt and will transfer their ownership to you along with the equity they have in the house, simply to be relieved of the burden of the debt. Now due to circumstances beyond their control, things have been thrown out of whack and they need someone to get everything reorganized for them. These homes are beautiful and well maintained as a rule. They at one time had the cash to pay for their mortgage and the expenses associated with it. Solve their problem and you'll get a good deal. Another way to get into real estate investing with very little money risked is to wholesale houses that need rehab. These low end properties that are in very poor condition can be a veritable gold mine. Investing in real estate is always a good income stream strategy no matter what the market is doing. The key is being smart about your investments.

Making money in the real estate market

It's no secret that there is a mountain of money to be made in the real estate market. Hundreds of thousands of people across the country are making money without risking money or credit. Contrary to popular belief, however, you don't have to have a lot of money to start with. If the property you are eyeing has government outlets like the post office, the automobile insurance board or the government-sponsored health centres, these buildings qualify as hot property. Long leases will ensure that a property will be rented or leased for long periods of time, not just a year. Some commercial leases for example go for as long as 5 or 10 years. Your only expenses are some marketing materials and about $100 for an option deposit.. If you're wholesaling, Ten Bucks will suffice.

Depending on the location, most details are available online

Below are a few things that will lead you to the good deals that you're looking for:
1. Divorce , 2. Imprisonment or Court Costs, 3. Loss of Job – Foreclosures, 4. Bankruptcy, 5. Death
6. Job Transfer, 7. Bad Tenants (Contact Landlords who have filed evictions). Most of the above types of people can be found by looking through the public information in your local court-house records. Depending on the location you prefer, most of these details are available online. Situations such as Loss Of Job can be found by looking through the foreclosures and knocking on such person’s door. You need to focus your attention on people with these types of situations.

Real estate investment and barriers

As a real estate investor there are some barriers which keep you from being successful. You want to be a Real Estate Investing Millionaire, but for some reason you can't seem to find good deals on houses. This is a natural enough reaction from people who are asked to take a risk with their investments on a daily, almost, basis. Going around with a Realtor, driving around nice neighborhoods, looking for Sale signs, looking on the web, telling a few people that you buy houses, etc are the most common ways that people adopt. These are a major waste of time. What you are doing is looking for deals on houses and not looking around for people who need to get their problems solved. Spend time knocking on the doors of homeowners in foreclosure. These people usually have serious issues that need to be solved. No one sells their house at a serious discount unless they have to. You should be ready to put in all that hard work that will free you from the daily wage-slavery you are in. If you think you have understood this, feel that the time has come and you are prepared to learn, then this should be the first step in a journey that will take you to the rest of your life.

Avoid dealing with Realtors

As real estate investors, we buy houses from people that we need to sell, not that people want to sell. When you are dealing with a Realtor, 9 times out of 10 they will show to you are nice houses, owned by people that have no urgency to sell. Avoid dealing with Realtors. Not saying to completely alienate yourself from them - that can be foolish. Just network with them, and let them know if some killer deal comes along, and you can close with cash quickly. Detail about what you are looking for, and that's when they will call you. Don’t go around looking at houses with them. Many realtors are not trained to look for the types of deals that we are looking for. Actually, they will probably tell you that it is not possible to find the kinds of deals that we do.

There are many courses which purport to show how to invest in real estate

While there are many courses which purport to show how to invest in real estate, only a few actually tackle emerging markets in our country precisely because there is a lot of skill required to correctly identify them and then take advantage of them. If you are not yet ready to leave the rat race behind and embrace a future where your hard work allows you to enjoy anything you really want then maybe you are not ready to take advantage of any kind of real estate investing, never mind investing in the tough environment of an emerging market. The first thing to tackle of course is your own motivation. In order to be successful in any kind of real estate investment in an emerging market you need to do some careful analysis, you need a lot of drive and the vision to see what few others can see clearly at that stage.