Zack Childress Smart Tips for Real Estate Investing

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2. Introduction • Many people are wondering what real estate investing is all about. Even if you’re a small real estate investor, you will still have high earning potential. • If you compare the earning potential in the real estate business to other types of investments, the value of real estate properties don’t decrease in terms of value. • If you want to secure your future and perhaps build your very own retirement portfolio, you should consider real estate investing.

3. smart tips for you to become a small real estate investor Try to find a mortgage broker. There are many mortgage brokers out there. Some are successful in their chosen profession but there are also those who are not that knowledgeable. Don’t just get rid of your investment properties without considering the consequences of such decision. You can resell some investment properties to other real estate investors.

4. smart tips for you to become a small real estate investor Before you make any purchase, you should first research about its potential earning properties.  For example, you’re purchasing a property that you plan to rent out. Do you have your own home? If you want to become a successful real estate investor, you should have your own home. By purchasing your very own property, you will learn about the purchase process.

5. smart tips for you to become a small real estate investor Distribute flyers if you plan to purchase properties. You can start in your own neighborhood or you can also do this in other places where you plan to purchase your real estate investment properties. Business cards are also very important. This is an excellent way to let home sellers know that you’re looking for properties. You will also be able to choose among several properties which meet your predetermined criteria.

6. smart tips for you to become a small real estate investor • If you plan to get rental properties, why not actually live there? By doing so, you can enjoy low-cost living because you’re earning income at the same time. You will also have higher deductions and not only that, you can stay current on the maintenance. • Find your own personal attorney. Get an attorney who is experienced in the real estate business.

8. What to avoid in real estate investing • Tip 1 – Scout the area • Before investing in a property, you must first asses the area. Does it have every inch of it being desirable for a family, a couple or an individual to live in? For beginners, you must first try to settle on the ones that’s “safe”. • Tip 2 – Trust no one • Ask yourself this – do I have the money to afford the property of my choice? Commissions come in huge packages.

9. What to avoid in real estate investing • Tip 3 – Ask • Don’t be afraid to pop out a question especially for those who are saying so much. If an agent or a certain individual offers you something, ask the person if he or she has invested in the property that he or she is offering. • Tip 4 -Be on your guard • There are a lot of people who will go into such lengths such as fooling other people for their benefit

10. Tips for avoid in real estate investing • Step 1 – Capital • However one sees it and however other people states that money is not the most important asset in real estate, it still is contradictory. • Money is a great need in real estate investments. • A capital or fund must be produced in order to facilitate the deal otherwise the business won’t work.

11. Tips for avoid in real estate investing • Step 2 – Go to seminars • To be able to grasp the environment of property investment, you should attend trainings or seminars concerned with the business. • Before looking into the Internet for information, you should first put your attention to books for sometimes, stored information in the net are not entirely true.

12. Tips for avoid in real estate investing • Step 3 – Identify motivational sellers • This won’t be easy but it’s worth it. Identifying sellers who are duly motivated are those who can be trusted with your investment career. • A person who is motivated is someone who sell relatively fast and accurately proportionate. From a motivated seller, you can buy a property, like a home, for less than thousands compared to its original market value, turning it into instant profit.

13. Tips for avoid in real estate investing • Step 4 – Be knowledgeable • A capital or fund must be produced in order to facilitate the deal otherwise the business won’t work. • This has been said over and over again not because it is necessary but because it is one of the main keys in real estate investing that makes you updated, aware and adept in making certain decisions that could affect your investment.

14. Tips for avoid in real estate investing • Step 5 – Don’t hesitate to hire • If you still don’t know the drill and is quite confused with how things are turning out, bring someone who can help you figure out the process. • Step 6 – Step on it • If you have already chosen the property you like, immediately produce a down payment or rent it as soon as you have the money.

15. Zack Childress strategies to finding positive cash flow property • Look for high yielding suburbs: • High yielding suburbs are areas that give a high return on the invested capital. • Look for suburbs in your neighborhood that give about 10% and above in rental returns and about 30% in the resale profit on the amount that property was bought.

16. Zack Childress strategies to finding positive cash flow property • Target properties bringing multiple incomes: • Properties with more than a single source of income enables you cover the cost of maintenance and a bit of the money invested during the buying of the property. • For example, properties with a granny flat. • Renovating and adding value to the property: • Renovating the house adds some value to the piece of property.

17. Finding positive cash flow property • Targeting student accommodation: • Student flats have some of the highest returns owing to the few needs, smaller units, and high occupancy rates. • If there is college opening a branch in the area, consider investing in hostels and other types of student accommodation. • Students also have little problems experienced when managing regular tenants.

18. Finding positive cash flow property • The process of buying positive cashflow property: • Search for multiple properties in different areas • Estimate value of the property using the latest sales data and data from comparable properties • Analyze the property cash flow and the likely growth in the long-term. Make a forecast of the income that the property is likely to bring in the long-term.

19. Conclusion • If you ever wanted to excel by building your knowledge and skills, keep tuned to Zack Childress seminars and camps that will help you to build your skill base and take a client-oriented approach to your business. • Search for multiple properties in different areas. • Following these simple tips will definitely guide you into having a more profitable and risk-free deal. These tips will give you a head start.