The main point for real estate investors to consider first is what their strategy will be for making money from the investment. Buying is only half of the equation and whether the property is good or bad depends upon that crucial profit strategy.
If an investor is going to invest in a property with the intention of just waiting for the market to go up, prime real estate is a great choice. Locations that are near entertainment centers or developing areas can be best because the likelihood that the property will increase in value over time is a pretty good bet.
On the other hand, if an investor is going to invest in a property with the intention of renting it and making a monthly income from it, he might be better off to look into urban properties. Urban properties may not necessarily be considered prime real estate but they can be great cash flow rental properties.
And we can’t forget the real estate investors who are handy with their hands. These people are like to purchase properties below market value and fix them up. They can make repairs and renovations to rundown properties themselves, sell it for a great deal more than their purchase price and make a very nice profit. The location that these kinds of real estate investors often find the best is in neighborhoods that are made up of mid-priced homes in working neighborhoods.
What’s your strategy and why?
-Jeff
Manage money and learn to Mind Your Own Business.
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4 responses so far ↓
1 Real Estate Newbie Info » Blog Archive » Real Estate Investing - Have a Money Making Strategy | Minding My … // Nov 2, 2008 at 12:42 pm
[...] unknown wrote an interesting post today onReal Estate Investing - Have a Money Making Strategy | Minding My …Here’s a quick excerptThe main point for real estate investors to consider first is what their strategy will be for making money from the investment. Buying is only half of the. [...]
2 Safe Real Estate Info » Blog Archive » Real Estate Investing - Have a Money Making Strategy | Minding My … // Nov 2, 2008 at 1:24 pm
[...] unknown wrote an interesting post today onReal Estate Investing - Have a Money Making Strategy | Minding My …Here’s a quick excerptThe main point for real estate investors to consider first is what their strategy will be for making money from the investment. Buying is only half of the. [...]
3 Finest Real Estate Info » Blog Archive » Real Estate Investing - Have a Money Making Strategy | Minding My … // Nov 2, 2008 at 5:39 pm
[...] unknown wrote an interesting post today onReal Estate Investing - Have a Money Making Strategy | Minding My …Here’s a quick excerptThe main point for real estate investors to consider first is what their strategy will be for making money from the investment. Buying is only half of the. [...]
4 Real Estate Newbie Info » Blog Archive » Real Estate Investing - Have a Money Making Strategy // Nov 5, 2008 at 12:47 am
[...] Jeff wrote an interesting post today onReal Estate Investing - Have a Money Making StrategyHere’s a quick excerptUrban properties may not necessarily be considered prime real estate but they can be great cash flow rental properties. And we can’t forget the real estate investors who are handy with their hands. These people are like to purchase … [...]
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