Learning: Day 2 Decisions in Real Estate

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.