How To Invest In Real Estate Property

By Alex Anderson

Admit it. Investing in stocks, bond or mutual funds is easy, hands free and your money works for you. Why even think about investing in something that will most certainly your investment of not only money, but time and financial decisions, possible troubles with tenants, and times when the place is empty.

Real Estate has proven to be a stable investment over time and the rewards can be truly spectacular when you incorporate all the tax advantages, too. Over the short term, real estate investing can be just as spectacular if you do your homework.

All too often people get in a huge hurry and try to get something for nothing. Remember, you get what you pay for. That has never changed. When you want serious wealth, it takes work. Not the 8 to 5 kind of work but the 24/7 kind of work. Whether you are working or your money is working, it all depends on how you set your wealth builder in motion.

Time is a valuable commodity. Some people seem to have more of it than others, when in reality, those that seem to have more time are simply better time managers. When buying real estate investment properties, you must consider your personality. What your capabilities are and how much time you intend to devote to building your wealth.

If you are considering the purchase of a fixer-upper and you are not mechanically inclined, then it would be ludicrous to attempt to fix the furnace or the electrical system. That is not in your skill bag. You might consider purchasing something that doesn’t need fixing up because the amount you ‘save’ on the fixer-upper may not be enough to cover the costs of paying a contractor to do the fixing.

If you have a good amount of available cash or a lot of equity, then you might consider purchasing a foreclosure. Buying at sheriff’s sales or court sales requires a lot of time during the day, however. Plus, these types of houses may need a lot of fixing up, too.

If you don’t have a lot of cash, try to avoid the zero down route. Try to save up enough for a down payment, at least. The wisdom of this becomes apparent when you talk to your tax advisor about tax savings from your real estate investments. Make sure you have a trustworthy tax professional or real estate professional because it is quite easy for the complicated issues of investing to become overwhelming.

About the Author: Investment Property Specialist – Alex Anderson Connects Real Estate Investors With High-Quality Investment Properties. Get A Free Copy Of, “The Investor’s Rental Guide” at:

GreatInvestmentProperty.com

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