What’s the difference between risk-free real estate investing and regular real estate investing? The answer lies in how much money you could potentially lose if you don’t know what you are doing. It is easier to explain the difference with some examples: Let’s say a motivated seller contacts you with a $100,000 house and they […]
It’s time to start planning on ways to cope with the challenges of tomorrow. Start with your own goals. Set a time frame and financial framework within which you intend to implement action to achieve them. Understand the rules. Learn what to do and what not to do. Like the cop said to the man […]
Wholesaling is a great way to get started in a real estate business. Wholesaling is also a great way to make money fast. With wholesaling, you don’t need much cash to get started, you don’t need to buy houses or get loans, you don’t need to do any repairs yet you usually get paid a […]
In today's world, when you retire a Social Security or pension check may not be there when you need it the most. Even if it is, it may not be enough to live a comfortable retirement. So, now is the time, to start accumulating cash flow rental properties which will provide you with a much more secure retirement and/or an early retirement.
A real estate investing career rarely starts and stops at the same place. It does not follow a straight line. There will be twists and turns all along the way. Markets will change. Your needs will change too. Your financial situations will change. The more you learn and the more confidence you get, the more your real estate investing business will evolve down the path to financial freedom. Below you will see how my real estate business moved along the road to financial freedom. You’ll see how one thing leads to another that leads to another.
Read the first chapter of Jack Miller's long lost book called The Money Masters which is the workbook from a seminar. The Money Masters book is all about making more money by learning from those who have made money in real estate rather than by selling seminars, home-study courses, books, and tapes. Although the single-family house is the foundation upon which each of our speakers has built his success, they are completely different people with different ways of going about making money. Consequently, some of the things they’ve done will be similar, but at the same time, because they come from different places, you’ll discover for yourself that they do many things quite differently. You’ll hear the techniques our speakers have used to move away from the pack as they buy, fix, finance, sell, manage, lease and Option properties.
A wholesale flip is a great way to make money - a lot of money - with real estate without actually buying or fixing up a house. When you drive around town, you probably see some old, run down usually vacant looking houses. Now, when you see those houses you need to think $$$$. A wholesale flip takes no or very little cash to do.
Everyone's path for getting started in real estate investing is different. Many start down one path, then change courses later as they learn more and discover a better way. There is no one right way to get started. Your background and resources (in time and money) will have a lot to do with the paths you take. One things is for sure, those to DO get started in real estate investing are building a better future and financial security for themselves. Read how one CashFlowDepot.com member, Hal Cranmer, get started in real estate investing.
Learn how to do more deals and make much more money with this weekly "TO DO" list. Learn to manage your time wisely. When you're trying to get ahead, every minute of the day is precious.
Suppose I bet you $25,000 that you can't buy me a house that made sense; either to fix up and sell, or to hold as a rental for long term appreciation and cash flow. How hard would you try to find one? Would you just give up and say it can’t be done, or would you be tempted to try some things you hadn’t done before?