subject: Real Estate Investing For Today And The Future [print this page] Wikipedia defines investing as the use of resources or assets to earn income or profit in the future. Many people shun investing, especially in real estate, because of the term future. While they understand the importance of saving for the coming years, what they need is profit today. But did you know that there are actually methods of real estate investing that will allow you to secure your future and at the same time make yourself financially stable today?
There are methods of real estate investing that are booming today. The good thing about them is that they give quick returns. You wont have to wait for years to benefit from your investment. Two of them are known as rehabbing and wholesaling houses.
Wholesaling houses is known as the entry door to the world of real estate investing. This is where you will search for properties and put them under contract. Once under contract to buy them, you will then look for buyers who will close the deal for you. You earn by collecting as assignment fee, or the payment for assigning a contract to the end-buyer. An assignment fee of $10,000 is common in the market today. And how long does a wholesaling deal last? With proper information, you can close a deal in just seven days. Veterans in the business can wholesale a property in 30 minutes believe it or not. Imagine earning $10,000 in just half an hour.
Because you dont need to purchase properties but just put them under contract, you can start wholesaling houses without a huge capital. Theres also less risk. That is why this is recommended for those who want to venture in the real estate business.
Another form of real estate investing you might want to try today is rehabbing houses. This is buying cheap properties, improving them to raise their value, and then selling them for a profit. Rehabbing houses is flourishing because of the availability of cheap houses to rehab. You can find scores of affordable properties in your country today. You can tap wholesalers and use them to find properties for you. If youre thinking that paying them a $10,000 assignment fee is a waste of time, youre missing the point of investing. Its not how much you spend but how much you earn in the end.
With rehabbing houses, paychecks of $30,000 are as common it gets. Some rehabbers earn the exact amount of investment. That means if you poured $50,000 into a property, you can also get $50,000 in return.
Still think real estate investing will only benefit you in the distant future? Visit REIwired.com to learn more about quick cash from real estate and be ready for a change of heart.
