You may be reading in the real estate blogosphere and hearing from the experts out there, that now is a great time for real estate investing, due to the incredible amount of deals and foreclosures that exist across the country. Banks are giving homes away.
In the world of high speed internet, social media, online sales, and electronic gadgets along with other high tech tools, having a see is not an optional tool in the industry any longer.
Here I am, it’s Saturday and I am in the all-day intensive training and sitting with me is my local mentor, „THE REHAB ROCKSTAR“ Kevin Lacasse. It’s very exciting because even though I’ve heard tons of speakers, I am learning things I’ve never heard before. The focus is on people instead of houses. How cool is that? I love people and networking and connecting with people. This is so much more about me than I thought…I used to work in a residential facility as a counselor because I wanted to help people. I’ve always wanted to help people and now I am being told I can make a fortune helping people in REAL ESTATE.
Rent a room in your home: If you have an extra room or if your kids can double up, you can bring in some rental income by allowing a single person or college student to take up residence under your roof. This could help the person needing an inexpensive rental and make a big dent in your red ink.
You have to be sure about how much you can afford. You should not commit the mistake of overextending yourself just because you really like the property. In this period of technology, you can easily determine the amount that your income can accommodate with online mortgage calculator. You can use this as a basis and work within that budget.
Seminars presented in your community for home buying realtor tips allows you to position yourself as the expert you are and provides the best marketing advantage for a realtor.
Government listings. The best place to shop is through visiting different county offices for units that are located near the beach and valued at a much lower price.
Don’t let fear keep you from realizing your dreams. Educate yourself, talk with people who really have experience, and most importantly, get out there and try it yourself. Before you know it, you’ll be cured of your tenantphobia – and on your way to financial independence.