Localfund.com - All about Fund and Investment
*Home>>>Investor

Has anyone succeeded as a real estate investor?


I'm starting out and I'm not sure if I'll do well can I please hear some testimonies of how you got started what struggles you had and your success? Only success stories please I want to keep the atmosphere positive.

I cant provide 1st hand experience, but my dad bought some properties a few years ago which he now rents out to people, and they were pretty much costing him as much as he was bringing in (to initially fix them up), but now he's earning a lot back from them. He keeps telling me that I need to get into doing real estate investments as soon as I can (im still in college). I hope you succeed too! It's a great thing to get into. Good luck

i have invested for some time now about 6 years and at first you have to be real carefull study the market and the area you plan to purchess in your first 3 should be sure things with little risk and don't go overboard in your budget remember you can only resell for so much money after the first 3 when your feet are wet in the biz you can look at some more risky ones.
i "flip" about 12-14 a year and i ussually take a small loss on 1 or 2 about 5-10K but you have to take the good with the bad and at the end of the year you make a profit best advise is take it slow make sure you do your homework and you will do just fine also find your self an agent from my experience the beginer agents are the best for "fliping" because the have the time to help you research the area and are willing to show you 20 properties or more till you find that gem in the rough. also if you have the money rentals are a good investment duplexs are the best lower taxes and good revenue after you have been successfull for a year or two look into getting your own realestate licence so you make a commission off of your own biz.

hope this helps

I think Im doing pretty well. Im currently a full time college student and I drive a 05 lexus so I guess Im alright. If you are serious about getting into the real estate game, my company partners with investors to aquire property, turn them into apartments, then later into condominiums. We have projects for all levels of investment. shoot me an email at liang_jame@bentley.edu

Tags
  Make Money   Low Risk Investment   Long Term Investment   Investor   Investment Fund   Investment Trading   Investment Strategy   Investment Services
Related information
  • What are the downfalls of a Home Investor,comming to buy your home.?

    Usually way below fair market price. They will take advantage of a person they perceive as desperate to sell. Some investors will pay fair prices for a multi-family house, if they want to gamble ...

  • Being a new entrant as a retail investor, can somebody guide me which brokerage firm is better .?

    Hi, To the extent you are in the control of your trading patterns you can go for corporate brokers as their services would be good. You can check for Religare, a Ranbaxy Promoter company, whose se...

  • How can I find a white night investor for my company?

    place an ad in the paper under business opportunities. have a business plan ready. place an ad for an equity partner. You will be suprised. how much do you need and for what?

    ...
  • How export can be done by small investor?

    The best routes to take are to research the process of starting a business as well as the industry you're interested in. I recommend checking out the SBA, Entrepreneur, The Start Up Journal...

  • How does the SEC protect the average investor?

    ...

  • I would like become a REAL ESTAE investor. Do anyone know where i can get started?

    The book, "Investing in Real Estate" by Andrew McLean is a good book with lots of information. Check out and visit your local real estate investors group and also take a look at thecre...

  • How can i become a real estate investor if my car is broken and my cell phones are off? I have nomoney,credit?

    An investor needs to invest money. If you have no money to pay your bills, you can not invest anything except your time and effort. I recommend that you start 'at the bottom' and get a ...

  • What can you tell me about Mellon Investor Services?

    From the company's web site: Mellon is a world-class provider of company equity and investor services. With more than 150 years of professional expertise, we offer a comprehensive suite of ...

  •  

    Categories--Copyright/IP Policy--Contact Webmaster