| Real Estate is traditionally one of the best investment | | | | property. Be very clear with them about what you |
| vehicles available. Over the last century, investing in | | | | are seeking. |
| residential real estate and commercial real estate has | | | | Area - The property can be just the right type. A |
| proven to be one of the best ways to build wealth | | | | great price, and in great condition. But if its in the |
| over time in the United States. I FINALLY reveal the | | | | wrong area, forget it! So make sure that your agent |
| Three Step System to Real Estate Investing | | | | knows whereabouts you are seeking to buy |
| Success... And has outperformed just about every | | | | property, so that you neither waste his time or |
| other form of investing over the longer term. What | | | | yours in looking at real estate that you will never be |
| this has meant though is that the area has become | | | | interested in. |
| increasingly competitive for would be real estate | | | | Condition - Are you willing to take on |
| investors in the United States, and so it is increasingly | | | | re-developments? Or are you only interested in new |
| important to be fully informed of the latest legislation, | | | | builds? Make sure that your real estate agent knows. |
| tax considerations and real estate investment | | | | 2/ Bank Owned Properties (also known as Real |
| strategies BEFORE dipping your toes in the water. | | | | Estate Property or REO) - Banks take back |
| Here is the Better-News.info Three Step Real Estate | | | | ownership of properties because the owner failed to |
| Investors System to ensure that you are around for | | | | make their mortgage payments. And this can be a |
| the long haul: | | | | real goldmine if you tap into it correctly. Make |
| 1/ Be ready to work with Real Estate Agents - | | | | contact with all the banks in your area and get on |
| Agents can either be some of your best friends, or | | | | their books to be informed when they have any |
| your worst nightmare in the real estate game. You | | | | re-possessions that need to be sold quickly, and |
| need to create relationships with them so that they | | | | hopefully for a very reasonable price. |
| call you first when a good new property comes on | | | | 3/ Door to Door Marketing - Door knocking is a lead |
| the market. They need to know that you are | | | | generation, qualification, and development tool used |
| serious, and that you will actually follow through if | | | | by real estate investors for years to gather |
| they find you a property that appears to fit the | | | | information, build rapport, and negotiate with the |
| profile you have described to them. This profile | | | | seller. Fortunately it is also a technique that you can |
| needs to be in terms of several different factors: | | | | use. Get some cards printed up and leaflet an area |
| Price - The price has to be right for the type of | | | | you want to invest in with them asking for people to |
| property, the condition and the area. | | | | contact you directly. You may be surprised at how |
| Type - The agent needs to know if you are only | | | | many responses you get. |
| interested in flats, six bedroom houses or commercial | | | | |