Monday 21 December 2015

Are You Investing And Profiting From Real Estate?

Real estate is always considered as a great avenue to make money. It is so far found as a profitable investment where one definitely gains something or the other. Investing in real estate has its up sides and down and since there are different types of way you can invest one can definitely find way to earn profit. There are a number of investment option in real estate like land, water front property, rent and commercial real estate. It is entirely ones personal choice where they put their money.

As per Scott Rister there are many ways to invest but the first key is to find a motivated seller. The idea here is to negotiate a lower price on a piece of real estate they requires. With an unmotivated seller one is not going to get a discounted price on the particular property. Chances of negotiating a lucrative deal are very less. One aspect of real estate investment is that you make a profit when you buy a real estate and not when you sell it. While there is very little that one can do to increase the value of the real estate. As seller they are often willing to negotiate their price.

It is necessary that before every thing you develop a list of real estate properties that you have considered investing in. One needs to at least view around ten pieces of property before choosing one for investment. As we all know the real estate market is slow to real react as compared to the stock market. Its has its ups and down but a lot slower. There is an option to borrow money to buy real estate but one can borrow if we wish to buy stocks. In many cases the real estate property can be purchased as low as 60 to 70 percent of the market value but not in another thing.

When one opts for real estate buying there is added benefit as it offers tremendous amount of tax advantages through depreciation. When a stock market falls, it takes down just about everything involved with it. This is not the case in real estate, if real estate values drop in one city the prices remain unaffected in other.

In the end if real estate is done correctly then it is probably the smartest investments one could ever make as to large extent it is both safe and secure.

Thursday 3 December 2015

How To Invest In Real Estate Using Creative Methods?

Real estate is not meant for everyone. It has its own ways and to be a pro at it you need to work hard and learn the tricks. Most real estate professionals fail within the first few months of start trying to create the business they wish to. Scott Rister states that the trick here begins with a beneficial marketing plan and then practicing the marketing plan. As a real estate agent you need to be a known face. People in your own town should know you as a real estate agent. If this does not happen then you are not performing well in terms of marketing your business.

Most real estate agents are found complaining about not getting enough seller phone calls and subsequently are not receiving the leads they need to find good business deals. Well, in this case you need to increase the marketing and sellers will call. If you are covering your own and nearby areas eventually you will be acknowledged for what you do and seller with call you.

In real estate one has to have a marketing plan or you will be wandering around blindfolded. With so much competition around you should know what you are doing. If you need to generate results it is important you use the several tools that can help develop a plan so that you can take advantage of the numerous benefits that come with the plan. You know that you wish to succeed in real estate investing but do you know what exactly is succeeding? If not, then its time you enter creative real estate investing to get the results.

Bird-dogging another good way here a person works on commission for you. If you are new in real estate hiring a person who will get deals for you is worth it. This is a great new way of making money in the real estate market with taking minimum risks. Getting a good fee is enough for these people and they will try to bring in more and more deals for you to get more commission.

Seller financing is another method of creative investing. It is a loan provided by the seller of a property to the buyer to cover all parts of the sale price. It is advantageous for both parties, especially for large chunks of land that cannot find conventional lenders. Seller financing reduces the closing costs for both the buyers and sellers. The seller could get a higher price because the buyer finds it a  great option if he does not qualify for a normal loan.

Scott Rister suggests choosing the above methods can be helpful when you have just started your career in real estate. These will give you the desired results and chances are you gain huge profits in no time.