LEARN HOW TO INVEST IN REAL ESTATE

+ How Do I Invest in Real Estate?

If you are interested in generating passive income, real estate investing is one of the best ways to start your portfolio. However, it’s essential for beginners to learn how to invest in real estate to avoid making common mistakes and errors. The easiest way to start real estate investing are:

1. Buying/Owning a Home
2. Rental Property
3. Real Estate Investment Groups
4. House Flipping
5. Real Estate Investment Trusts (REITs)
6. Real Estate Crowd Funding To learn more on how to invest in real estate, check out our Getting Started Guide.

+ What is house flipping?

House flipping is the process of buying a house and holding onto it for a short period, then selling it (flipping) for a profit.

+ How Do I Start House Flipping?

1. Research a range of markets
2. Make a budget for the house flip
3. Make a flipping business plan
4. Look into contractors & smart renovations
5. Finding a house to flip
6. Buying the house
7. Start renovating your real estate investment
8. Sell the house!

Get the detailed step by step process here.

+ How Much Money Do I Need to Start Flipping Houses?

You can decide how much you like to spend as you begin your journey into house flipping. Homes in some areas can cost as little as $100,000, and in other areas, you can expect to buy for $1M and above. It depends on what class of the market you want to flip in. ROI on flipping can be as high as double the cost of the project. To get maximum ROI out of your property, it is advisable to work with reputable and competent real estate agents to market the home when it is finished.

+ HOW MUCH MONEY DO YOU NEED TO START INVESTING IN REAL ESTATE?

For your first real estate investment, there are four major expenses you will incur.

These categories include:

Purchase Price

This is what you will have to pay for the property outright if you don't have access to a payment plan or a mortgage

Down Payment

If you have a payment plan, you will only have to pay a percentage of the purchase price as a deposit before you can take control of the property.

Repairs and Maintenance

These come from renovation, upgrades, service expenses, utilities, etc

Reserves

It is always a good idea to have a little miscellaneous fund, which can come in handy for legal fees and other upfront costs.

+ IS REAL ESTATE A GOOD INVESTMENT?

Yes. On a general note, real estate is an ideal investment opportunity. It is one of the few investment classes that can generate ongoing passive income and still prove to be an excellent long-term investment as the value increases over time.

+ HOW DO I START INVESTING IN REAL ESTATE?

The first thing you must cover is your financial plan. The beginning is the perfect time to create a plan for managing any loans or mortgages you intend to take. A real estate crowdfunding community will give you the chance to be a part of a more considerable investment, start bringing in returns right away, and start saving for a property you can buy independently in the future.