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Arizona Real Estate – A Good Buying Opportunity?
If you’re looking to move to a new state, Arizona real estate is definitely worth a look. Following is a primer of the state and the FSBO Arizona real estate market.
Phoenix
Phoenix is by far the largest city in Arizona and it is growing fast....
Choosing Your REALTOR ®
With so many realtors competing for your business, how do you know which one to choose? Here are a few things to consider when choosing a realtor.
The most important decision you will make in the sale of your home is the Realtor you choose.
...
Home Ownership, Financial Freedom, and Benjamin Franklin
On Home Ownership, Financial Freedom, and Benjamin Franklin
by Tom Levine
1. ON BENJAMIN FRANKLIN:
2. ON HOME OWNERSHIP:
3. On Financial Freedom:
4. ON THE...
Jump Start Your Garden with Seedlings & Cuttings
The arrival of March typically has gardeners itching to get outside and start digging, but with many final frost dates well into May it's just too early to do any real planting outside--as so many of us have learned the hard way. To satisfy the...
Tips to Improve the Functionality and Atmosphere of Your Patio with Plants
When I began to create planting plans for clients in the mid 1990’s one of my main concerns was, how will this collection of plants; the greenery, the flowering, the size and the shape grow together to create an aesthetically pleasing arrangement...
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A Beginner's Guide To Real Estate Investing Strategies
If you're thinking about investing in real estate to make money, you need to first determine your financial goals. Do you need to make money quickly, invest for your children's college fund, or build wealth for your retirement? Once you determine your financial goals, you need to decide which type of investing strategy works for you.
Make Money in Real Estate - Fast Cash Strategy
If you're low on cash, get started by finding a bargain house and selling the contract to another real estate investor. Join a real estate investing club to find investors willing to pay you for finding good deals.
Make Money in Real Estate - Income Property Strategy
If you want to increase your monthly income, look for income property that returns a positive net income from month to month. Start with single family house. Look for a bargain below market value. Fix up the house to generate top rental income. Find houses that will rent for more than your mortgage payment. You may need to go out from your home area to a location that supports this type of return on your money. You can't pay $300,000 for a home with a mortgage of $1,500 that only rents for $1,000. You might start with a home for around $300,000 that rents for $1,750. You will need good credit to get a loan with good interest rates. In a few years, your rental income should go up. Many real estate investors enjoy thousands of dollars each month generated by income property.
However, some investors don't like
dealing with tenants and prefer to make money in other real estate ventures.
Make Money in Real Estate - Investment Property Strategy
If you want to make money focusing on profits, investment property offers a different strategy. Instead of worrying about rental income, look for property that you can transform and sell or property that will appreciate significantly over time. Besides fixing a house up, you can transform a property by changing it. For instance, some investors buy apartment buildings and turn them into condominiums. Many investors speculate in land and make money by holding the land until new development in the area increases the value.
Examine your financial situation along with your long term goals. You can get started by flipping properties, move onto income properties, and then make larger profits with investment properties. You might end up using a combination of all three strategies to make money investing in real estate.
Copyright © Jeanette J. Fisher
About the Author: Jeanette Fisher teaches how to find, finance, fix and sell. Free ebooks "Credit Tips" http://worryfreecredit.com "Flipping Houses" at http://doghousetodollhousefordollars.com
Source: www.isnare.com
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