Real-estate investing is the practice of buying, selling, managing, flipping, or renting property for profit.
And in the past several years, real estate has created returns comparable to other investment assets., expected annual total returns on apartment investments have fluctuated between 6% and 15% since 2012. Over the same period, the S&P 500 had an annualized return of about 10%. There are three main strategies focused on turning properties around as quickly as possible, usually in a year or less.purchasing a distressed property, fixing it up, and selling it for a hefty profit. Takes about three to six months.contracting a property — usually a distressed one — with a seller, then assigning it to an end buyer. This approach doesn't involve the actual purchase or sale of real estate.buy, rehab, rent, refinance, repeat.
"Really it depends on the person's skillset," he said. "If you double down on what you're really good at, then good things are going to happen and you'll enjoy yourself."You need to take a scientific approach. It's also advisable to have a process in place for tapping resources such as geographic mapping — which can provide crucial structural detail around a property — and a local register of deeds, which can save time when dealing with clerical issues.And, of course, your location.Just like your strategy should fit your personality, it should also fit your location.
Check your hyperlink...it leads no where 404
Australia Australia Latest News, Australia Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Source: BusinessInsider - 🏆 729. / 51 Read more »
Source: BusinessInsider - 🏆 729. / 51 Read more »
Source: BusinessInsider - 🏆 729. / 51 Read more »
Source: BusinessInsider - 🏆 729. / 51 Read more »