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Real estate Investing a Three Prong Approach

Author: TommyAlphin Total views: 2 Word Count: 469

Think long term strategy. Many people want to invest, but in reality only want to look at investment properties. They have no real clue as to what they should do. In fact they have no plan. Like any business you need a plan.


Planning is the key to any investment strategy. You can look at properties all you want but until you have a plan and act on it you won't get very far. You must think long term, short term and middle term. These three approaches can help you invest profitably.


There are several approaches to investing in houses, and one of the main ones is buying and holding for the long term. They rent them out to well qualified tenants. Those renters pay down the landlords mortgage every month year after year.


Long term rental properties are a good way to provide a stream of income in later years. A professional agent can be a power boost to your investment career. Their knowledge of subdivisions, homes and values can help you buy great homes that will appreciate as your renters pay off your mortgage. Owning several of these free and clear when you retire is a no brainer in my book.


Don't have any funds to buy rentals then consider re-habbing a home. This is a well used investment approach. I actually became an agent to get the capital to do this type of investing. Finding and fixing properties to flip to a retail buyer is a solid money earner if you do your due diligence.


Flipping is just buying a house on one side and then flipping it over to a buyer on the other side. All that dough in the middle is your hard work. Repairing a run down home and selling it is one way to get more money to invest. If the numbers worked out you could always pull out some of the money with a refinance and turn it into a rental property.


Ok you don't have the money to invest in a flip. What do you do. You wholesale a property to another investor or retail buyer. Find a great property and get it under contract. Then assign it to someone else for a little higher price.


No ownership hassles, no closing hassles, yet you get cash. No wonder many people make a good living just doing wholesale. For me it is just one of the three approaches that will , with due diligence and effort, generate profits. Your funds to invest increase, providing a lift to your other two approaches.


If you think long term and short term and use these three approaches you can do quite well for yourself. Your equity and holdings should grow steadily over the long term. Be steady and consistent and you will win with these investment techniques when others do not.

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About the Author

Thinking about real estate investing, make sure you check out Tommy's excellent no cost report 7 steps to real estate investing,and buying a home

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