Real Estate Investing
Real Estate Investing involves purchasing properties with the goal to earn a profit. There are several different strategies to earn a profit from real estate.
The first involves buying a property for immediate resale, more commonly referred to as flipping.
This can involve wholesaling properties, where you are always on the lookout for a good deal so that you can pass it on to other investors. And when you sell, you sell it as is which means many of these homes need renovation.
Instead of wholesaling properties, other investors will fix the property up in order to resell to someone that will live and occupy the home.
While there is more profit potential in fixing up homes to resell, there’s also more risk.
For a beginner, it’s best to wholesale houses or become a birddog for other investors.
Lastly, the long term real estate investment strategy commonly referred to as ‘buy and hold’ involves purchasing a property to rent out, earning a monthly cash flow.
Some of the best Real Estate Investing Resources Are Listed: