If you have not learned about real estate investing for beginners, you may want to start elsewhere. This book is set up for people who already know what real estate investment types exist, and the basic descriptions of those options. This book offers you insight on how to get started with actual investment strategies.
You are still going to find some basic explanations and definitions, but the chapters are geared towards the steps to follow to choose a real estate investment type, how to choose a property, and how to turn a profit.
You are going to learn:
What risk aversion means and why it applies to your decision to invest with certain strategies
How to find properties to purchase or invest in for profit
You will also see four chapters on specific real estate investment strategies
Each strategy is assessed for risk, steps to make the investment profitable, and some cautions
For individuals interested in flipping properties, there are four strategies based on the method of purchase for the property. Rental property investments are also assessed in a similar manner.
When it comes to REITs and real estate investment groups, you are going to need more tips and information. Both are highly complicated, requiring a real estate lawyer, and more due diligence before you invest. It is easy to let someone else take control of the investment option and help you make money. However, there is also more fraud associated with REITs and real estate investment groups.
If you hope to succeed and turn a profit in real estate, then you need this book. It offers you strategies that work, not based on your starting capital, but on the general outline that will help you find an investment that fits your situation and capital.
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