David Hewitt - Real Estate Investing Beginners Guide: Learn the ABCs of Real Estate for Becoming a Successful Investor! Make Passive Income with Rental Property, Commercial, Marketing, and Credit Repair Now!

Real Estate Investing Beginners Guide

Learn the ABCs of Real Estate for Becoming a Successful Investor! Make Passive Income with Rental Property, Commercial, Marketing, and Credit Repair Now!

By David Hewitt & Andrew Peter

Introduction

W hen it comes to powerful investment opportunities, real estate is the most time-tested of all ways, having been successfully converting a profit as long as the idea of land ownership is active. Therefore, it is one of the robust asset types that professionals advice for any portfolio regardless of whether the holder is just getting started or looking to diversify.

It provides numerous benefits when it comes to profitability, liquidity, diversification, and cash flow if you are looking for a way to learn how to get started in real estate investing, this book will teach you how to become a real estate investing guru.

Inside, youll learn everything you wanted to learn about real estate investment, including how to get started with a little amount of capital, or if you have a bad credit score. You will also learn how to locate the best properties that deserve little to no work before they can be listed for sale. You will also gain an in-depth method for success regardless of whether you want to buy a property and hold onto it for the long-term or if youre more interested in house flipping.

Real estate investing is the first step that many people dive in to attain financial freedom. And this book presents you with secrets that you can follow to become successful, like the best real estate investors. So, what are you waiting for? Keep reading to unlock your financial future.

Chapter 1: The Two Most Common Questions

How Do I Get Started in Real Estate Investing?

M ost people interested in getting started in real estate investing dont know how to get started. While there is no perfect time to start real estate investing, it is also good to do your due diligence, do enough research, run numbers, become creative, and be ready to take calculated risks to succeed. If youre ready to face the challenge, then it is time to discover how to get started in real estate.

First, let us debunk some myths about real estate investing

1. Its Not Meant for Me

Well, if you think real estate investments are only for rich people who can take risks because they dont have hungry mouths to feed, then youre wrong. Think twice. Single moms, women, divorced-are all buying lands and profiting from this real estate boom.

It doesnt matter how much money you can afford, even with the little you have, you can still start small. And thats even better because theres a lot to learn and lots of mistakes to be made. The smaller the investment, the less costly the mistake.

1. Only Men Can Succeed in Real Estate

Anybody can succeed in real estate. In fact, women have a higher percentage of being successful than men.

1. The Market May Change

Once you learn how to get started in real estate, you will begin to understand that the market doesnt matter so much. Real estate investment works in any place, and for anyone who invests their energy, time, and interest in getting started.

Many first-time investors lose their cash after investing in real estate. But this only happens to those who dont understand the rubrics of purchasing and selling real estate. Therefore, this reveals that the right way to get started in this niche is by acquiring the relevant knowledge in all areas of real estate investing. To help you out in your journey to become a real estate investor, we have briefly highlighted the main areas that you need to know as a beginner. An extensive discussion of these topics will be explored in the coming chapters.

Select the Right Investment Location

W here you purchase your first investment property determines the amount of profit you can expect. This is the reason first-time real estate investors must consider the location of a property. For example, you can get a good rental property for sale at an affordable price, but the neighborhood isnt so great. Based on several factors, buying this rental might not be the best move for making more returns in real estate investing. Some of these factors include:

• Rental rates and monthly income
• Supply and demand rates
• Crime rates and safety
• Operating costs and expenses
• Real estate appreciation trends

All of these factors determine the amount of profit a location may generate, and how profitable investment properties in a particular location are. So, the advice for investors launching a rental property business is always to monitor the trends that affect the housing market before you invest your money on a property. The best places to invest in real estate will generate a high rental income, good return on investment, and positive cash flow.