Lee Strong - Real Estate Investment: How to Do Financing, Negotiations, Marketing, and Invest in Real Estate

How to Do Financing, Negotiations, Marketing, and Invest in Real Estate

Lee Strong

Copyright 2019 by Lee Strong - All rights reserved.

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Introduction

C ongratulations on purchasing Real Estate Investment , and thank you for doing so. You want to invest in real estate, but you don't have a lot of capital to splurge. How do those people do it? The ones who somehow manage to invest anyway and make a handsome profit at the end of the day? That's what you're about to learn on this journey you're embarking on. To learn what you need to look out for and how much it is going to cost to start getting into the real estate investing game.

The successful investor is not the one with deep pockets and money they can afford to lose. A successful investor is practical-minded. Someone who knows when they should walk away and how to source for the best deals on the market. A successful investor is armed with the knowledge that becomes the difference between losing money and making money. Investing in real estate is not as simple as putting money upfront and hoping to make a nice little return and profit out of it. Oh no, there's a lot more to the process than meets the eye. A lot more, and you're going to have to be prepared for the ups and downs that are inevitably part of this process. The world of real estate is a complex one, and if you're going to be successful as an investor, you're going to need the right attitude, the right mindset, and the right strategies before you dip your toes into this area.

Investing in real estate can be a profitable and worthwhile venture, not to mention the passive income potential you stand to gain. If done correctly, this could be one of the pathways that lead you to the financial future you're hoping to secure before retirement. Every expert real estate mogul today once started right where you are now. As a beginner trying to find success and determined to make more money than they lose. You've already taken the first step you need to succeed. You've chosen this book, and this is going to be your guide to understanding how it all works and what you can do right to ensure you get the best return on your investment. If knowledge is power, then what you're holding in your hands right now is the key to success. Ready to equip yourself with the foundation you need to get started? Let's begin.

There are plenty of books on this subject on the market, thanks again for choosing this one! Every effort was made to ensure it is full of as much useful information as possible, please enjoy!

Chapter 1: What is the Real Estate Business?

T he moment you purchase your first home. That's the moment you set foot into the real estate world at last. Real estate investing can be a great financial decision if you know what you're doing. This form of investing can generate an ongoing income passively without having to leave your full-time job or sacrifice too much of your time. In the long-term, if the value of the property increases, it can turn out to be one of the best investment decisions that you've made. Many have used this option as a stepping stone towards generating wealth over time, and that's what you're about to learn how to do right now. The question is, are you ready to make the leap into investing in this market?

There's a huge chunk of change that is going to be involved upfront, and it could be a while before you see any return on your investment. Not to mention that before you can make that admittedly expensive purchase, your finances need to be in order. That's because whether you've bought that property to flip it or live in it, you're the one who is going to be responsible for the taxes and utilities related to that property. There are the ongoing maintenance costs that you need to account for, too, and if you are putting the property up for rent, there will be gaps between income when you're in the midst of changing tenants. Owning a piece of real estate is exciting, and as an investment strategy, it can be a decision that turns out to be both lucrative and satisfying.

Real Estate Investing Defined

Purchasing, owning, managing, renting, and/or selling a piece of real estate for profit are all terms that fall under the real estate investing umbrella. A piece of real estate can be an asset, one that you are going to put money into, hoping that it is going to either generate an income or increase in value over the years, so it becomes one of your long-term investment options. Instead of choosing to live in the property you buy, you're hoping to make some money from it. It is not uncommon for serious investors to own several pieces of property. Out of everything they own, they probably only live in one while the rest are either used to generate profits or a steady extra income each month.

The most common types of properties used as investments are apartments and rental homes. If you're investing in real estate, you'll be pleased to know that you can expect to generate healthy growth in capital gains as your property increases in value over the next several years. As promising as it is, though, real estate investing can also be a very dangerous area to navigate if you don't know what you're doing. Before you dip your toes into this venture, you need to understand what's involved and what's at stake for you. It is certainly not for the faint-hearted and the financial unstable since there is going to be quite a lot of money involved at the start.