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Strategies Investing In Real Estate – Winston Rowe & Associates No Upfront Fee Commercial Loans
Like any other area of personal finance expertise, real estate investing boils down to some simple basics.
By: Winston Rowe & Associates
Although buying and holding is the most common and traditional strategy used for real estate investing, there is actually a variety of different strategies used.
Some of these are simple and can be executed in just days, while others can be used on an ongoing basis to create long-term value.
How does each strategy work?
1. The Fix and Flip the first impression of a house is incredibly important. The flip involves buying a house that can be easily improved, and then making minimal cosmetic improvements and repairs to sell for a better price.
For the right property, taking the time to fix small issues with flooring, walls, landscaping, and paint can pay off almost immediately.
2. Buy and Hold this is one of the oldest strategies in the book, and it's designed for long-term passive income.
By purchasing a property and leasing it to tenants, it creates a stream of monthly cash flows, and even offers potential tax benefits for the owner.
3. Wholesale this has similarities to flipping, but involves finding a buyer for a seller and taking a percentage off the sale. If done right, this can be done quickly and with minimal risk.
4. Buy, Renovate, Rent, Refinance, and Repeat likely the most complex strategy in real estate investing for beginners to follow, this can ultimately be used to provide benefits in both the short and long term.
It involves four steps: buying a property, renovating it, renting the property out to tenants, and then refinancing the mortgage later on. Then the process repeats itself.
This article was prepared by Winston Rowe & Associates.
They are publishers of Free eBooks and provide financing for a wide variety of commercial real estate
You can contact them at 248-246-2243 or visit them online at http://www.winstonrowe.com