I get emails and other correspondence quite often asking me how to begin investing in real estate. When you are trying to find your first real estate deal, real estate investing seems very complicated. It’s not that difficult, but you have to understand that deals are not on every corner, at least not at the sellers price. It takes diligence, looking at many potential deals, in order to find ‘the one’. Then you have to find the next deal. Professional investors are everywhere, and they make a living in every city. You can do it too, but you need patience, persistence and determination. And some seed capital.
How to Begin Investing in Real Estate
Are you still struggling to find good deals in your market? What are you waiting for? I hear it all the time: “My market is so overpriced; there are no deals.” “I looked for a deal, but the numbers do not work.” “I am trying to find a deal with no money down and cannot find one.” “All the properties I look at need work.” “My real estate agent can’t find me good deals.” “The ‘Bay area’ has no deals.”
Are you still looking to get into real estate investing? How long have you been trying to ‘get a deal’.