Debbs question : How to invest in real estate ?
How can I do? Procedure … Best Answer:
response of wood
you have givin by someone in their will
post answer to this question below!
How to invest in real estate?
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Debbs question : How to invest in real estate ?
How can I do? Procedure … Best Answer:
response of wood
you have givin by someone in their will
post answer to this question below!
Now a days the real estate business is very dull in mega sites, got to districts its very booming
There is no simple answer to this question. The process is fairly complex. Basically, you want to make sure that the property will be able to bring in enough money to pay the mortgage, taxes, and all associated costs. And these calculations depend on the occupancy rate of the building. If a building is full, that is good. If it is empty and you have to find tenants, then that is not so good.
Contact a REALTOR who works with investors. They can help you through this process.
Or check out this course:
http://www.prosource.com/CourseContent.asp?ObjectiveID=2&ObjectiveCode=CE&CourseID=2007&Folder=Real_Estate&CompName=#classdates
read,read,read, be careful of who you believe,read and checkem out ,you can make millions $ $ $ ,but like anything,it takes money to make money & lotsa hard work,if it was as easy as you see on the late night t.v. programs everyone would be doing it ,when I bought my first home I learned so much about the business,mortg. real estate taxes closeing cost,you can get into it with no money down but you need to be savy and work hard,what you want to do is learn from others mistakes, get all the info. you can both pro and con before you get you’r feet wet
Any time you buy real estate it is an investment. Wether you are buying your house or buying a rental property. The value of anything you buy will always increase no matter where you buy, they don’t make dirt anymore. Location, Location, Location, that has everything to do with value. If you buy a decent peice of propety in a decent part of town and put a little work into it and hang on to it for a few years you can make some real money doing so. Despite what previous answers are it is the same as buying a house for yourself.
Get pre approved for your financing and then grab a real estate agent to help you start looking. http://www.choicefinance.net/