If you want to be a successful real estate investor, you have to find the right deals. You don't want to spend a lot of time analyzing every real estate deal presented to you. Instead, you can analyze a deal quickly with a high-level overview to see if it meets your investment criteria. If so, you can then move it to the second round of analysis. This way you can...
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Successful real estate investors keep their eye on the real estate cycle to identify investment opportunities. Like the broader economy, there are four phases to the real estate cycle - recovery, expansion, hyper supply, and recession. The cycle repeats in waves so that the recession of the last cycle leads to the recovery period of the next cycle. As an investor, you can use the real estate cycle to match...
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A main benefit of becoming a real estate investor is the substantial tax advantage that will put money back in your pocket. Here are some of the basic tax benefits, but keep in mind that tax laws are constantly changing– possibly to your advantage. The best thing to do is speak to a knowledgeable accountant to find out the specifics. 1. Long Term Capital Gains The IRS taxes your property...
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In a strong economy with low-interest rates, real estate becomes a very attractive investment opportunity. It makes sense to think about your options for financing before you look into properties for your portfolio. There are many options for financing, from conventional bank mortgages to private or hard money loans that use the property to secure the loan. Some investors use a mortgage broker to find the best loan for their...
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It turns out that there are best practice guidelines that successful real estate investors follow, and you can follow them, too. People who meet their investment goals adhere to principles that guide them through the highly competitive real estate market. It is important to develop a strong knowledge of financial concepts and the markets that are likely to affect your investment. Start off by specializing in a particular type of...
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