Once you decided that you want to consider investing in real estate, you must think about a strategy. A strategy is important so you can focus your efforts and decide how you make your money.
Examples of real estate investing strategies:
Appreciation: One achieves this through buying pre-construction or buying in new high appreciation areas.
Flipping: Buy low, renovate, sell quick and high. Buy low by purchasing foreclosures, short sales, auctions, corporate relocations...
Cash flow: By an income property that you can receive a rent for a minimum of 10% of the purchase price. The rent should cover your mortgage and give you extra every month, called your cash flow.
When you choose a strategy, steps and procedures will become more clear to you.
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