Real Estate Broken Down
Real estate investing can be broken down into steps. Here, we give you tools that will help you on your path. As we expand, we will add more tools.
Build Your Team
The second step is to build your team. Network through the forums, Facebook, LinkedIn, or the local gym.
Research Your Market
How do you know if the duplex around the corner is a good deal? What do you set your rent at? What are property taxes like? The third step is to research your target markets. Unemployment trends, new job market, average rent rates, taxes and insurance - this is your stop to learn about all of these.
Find a Property
Whether you use a MLS website such as Trulia, mailing campaigns, or other means - your fourth step is to find a property and analyze it, and make an offer.
Purchase a Property
Whether you use your mattress cash, creative financing, or a traditional loan, your next step is to purchase the property.
Run Your Property
Now you need to fill your property. Do you want to list your property and find tenants? Looking to rehab?
Refinance, sell the property, or simply hold it?