INVEST IN REAL ESTATE AND MAKE MONEY?
Sunday, Jan 24, 2021
HOW DO REAL ESTATE INVESTORS MAKE MONEY?
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1. If you’re thinking about adding “real estate investor” to your resume, you want to know the clearest and quickest path to a profit. â£
â£
So while you’ve got to be ready to ride the market’s highs and lows, here are a few common ways investors make bank month after month: â£
â£
1. Long-term residential rentals: People will always need a place to live but keep in mind, location is everything when it comes to real estate. Seriously, everything!â£
2. Lease purchase: Lease purchase is a smart way to get involved without having to put up significant capital. Plus, if you lock in when the market is climbing, you can potentially purchase later with built-in equity.â£
3. Home-renovation flips: Thanks to the popularity of home renovation shows, no explanation is needed for this one (Think Fixer Upper, Flip or Flop?, and Love It or List It).â£
4. Short sales: A short sale is when a homeowner is behind on their mortgage but not yet in foreclosure. This can be a great opportunity to make a quick profit without investing in lengthy renovations. One heads-up: You usually need to pay for short sales in cash.â£
5. Vacation rentals: Investors can make some serious income from vacation rentals -- especially if the property is in an hot, in-demand tourist area. â£
â£
There are dozens of ways to make money as an investor -- too many to list here! But if you’re serious about taking the plunge, shoot me a message, and let’s set up a time to discuss.â£
â£
So while you’ve got to be ready to ride the market’s highs and lows, here are a few common ways investors make bank month after month: â£
â£
1. Long-term residential rentals: People will always need a place to live but keep in mind, location is everything when it comes to real estate. Seriously, everything!â£
2. Lease purchase: Lease purchase is a smart way to get involved without having to put up significant capital. Plus, if you lock in when the market is climbing, you can potentially purchase later with built-in equity.â£
3. Home-renovation flips: Thanks to the popularity of home renovation shows, no explanation is needed for this one (Think Fixer Upper, Flip or Flop?, and Love It or List It).â£
4. Short sales: A short sale is when a homeowner is behind on their mortgage but not yet in foreclosure. This can be a great opportunity to make a quick profit without investing in lengthy renovations. One heads-up: You usually need to pay for short sales in cash.â£
5. Vacation rentals: Investors can make some serious income from vacation rentals -- especially if the property is in an hot, in-demand tourist area. â£
â£
There are dozens of ways to make money as an investor -- too many to list here! But if you’re serious about taking the plunge, shoot me a message, and let’s set up a time to discuss.â£
Interested in BUYING or SELLING or INVESTING?
I’d be more then happy to assist you!
Rishi Patpatia
The Realty Firm Inc.