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by Adem Hamidovic
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now I'd suggest
learning more about flipping and lease options as entry-level real
estate investing strategies.
How do you find properties that would make good real estate
investments? Again, an entire article can be devoted to that, but
there are basically two ways: you go looking for them, or you get them
to come to you. The first way involves reading the newspaper
classifieds and scanning the Multiple Listing Service (MLS). This is
where having a great real estate agent is a must - they can get you
more details on homes than you can view on the mls website, and can
often let you know of great deals before they even become available to
the general public.
Having home owners contact you means setting up an advertising
campaign. This can involve placing ads in the newspaper, placing
bandit signs at strategic locations around town, starting a direct
mail campaign, etc. There are many ways to let people know that
there's a new real estate investor in town, and it would be in your
best interest to try each of them to see which ones work best for you.
Whether you decide to go looking for deals, have them come to you, or
both, they key is to be persistant. Real estate investing is a
numbers game - most of the time you won't be able to make the deal
work, but every time you do it translates into thousands of dollars
for you. The more owners you talk to, the more deals you'll be able
to do, the more money you'll make.
I hope this article gives you a bit of an idea of what the world of
real estate investing is like. There's a lot to |
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