There are many options available when looking for places to invest your money. Regardless of your level of experience, you should try investing in stocks, bonds, exchange-traded funds, mutual funds, and real estate; for novice investors, forex or cryptocurrencies may be too volatile. Your decision will depend on your level of investment involvement, your starting capital, and the level of risk you are willing to accept.
Real estate investment is a strategy that can be both rewarding and profitable. Prospective real estate owners can use leverage to purchase a property, unlike stock and bond investors, by paying a percentage of the total cost up front and then paying off the balance, plus interest, over time.
If you want to know how to invest in real estate fast and get the results you need, here are some real estate investment tips.
Rental Properties
For anyone with DIY renovation abilities and the patience to supervise renters, owning rental homes might be a great opportunity. This strategy does, however, need a sizable amount of funding to cover the vacant months as well as the upfront maintenance fees.
Some pros of getting into rental properties include regular income, property appreciation, maximized capital through leverage, and tax-deductible expenses. On the other hand, cons include potential damage from tenants and reduced income from vacancies.
Real Estate Investment Groups (REIGs)
For those who want to own rental property without having to deal with the difficulties of management, real estate investment groups (REIGs) are the perfect option. A capital reserve and access to funding are necessary for investing in REIGs.
REIGs are like small mutual funds that invest in real estate. In a typical real estate investment group, a company purchases or constructs a collection of apartment buildings or condominiums, and then invites investors to acquire them through the company, becoming members of the group. Because they handle the management of the property, the company receives a portion of the monthly rent.
House Flipping
House flipping is for those with great expertise in real estate appraisal, marketing, and renovation. In order to flip houses, you need capital and the capacity to make or supervise repairs as necessary.
Often, the goal of house flippers is to profitably sell the undervalued homes they purchase in less than six months. A pro of this strategy is the quick income return, however, cons include requiring a deeper market knowledge and hot markets cooling unexpectedly.
Real Estate Investment Trusts (REITs)
For investors who want portfolio exposure to real estate without engaging in a conventional real estate transaction, a real estate investment trust (REIT) is the ideal option.
When a corporation (or trust) invests money from investors to buy and manage rental properties, a REIT is formed. Like any other stock, REITs can be bought and traded on the major exchanges.
REITs are a good investment for stock market investors who want consistent income, much like conventional dividend-paying equities. Unlike the real estate investment types discussed above, REITs give investors access to non-residential investments like malls and office buildings, which are typically too expensive for individual investors to buy directly.
Online Real Estate Platforms
Real estate investing platforms are for people who want to pool their money with others to invest in a larger commercial or residential purchase. The investment is made through real estate crowdfunding sites.
Online marketplaces bring together project investors and real estate developers. You also can diversify your investments without spending a lot of money.
It is also a good idea to seek the services of a real estate investment coach to know which type is right for you.
Learn more with Shawn Tiberio
Marketing for real estate doesn’t differ too greatly from marketing in other fields and businesses. However, creating an effective real estate marketing plan can be tricky for those who don’t specialize in marketing or aren’t too familiar with it. This is where a consultant for real estate companies comes in.
With the help of Shawn Tiberio, you can learn everything there is to know about sales and marketing for Real Estate. Face all your prospects, leads, and customers with the confidence and knowhow of a seasoned inbound marketing consultant for real estate companies.
Contact Shawn today!
