REAL ESTATE 101

At Collaborate Real Estate, we want to encourage discussions about the fundamentals of successful real estate investing. It all starts with the first step. And as the old saying goes; “the only way to eat an elephant is one bite at a time”.

Real estate investing holds the potential to create significant long-term wealth. Historically real estate values have increased dramatically over time – but it isn’t quite as simple as buying a property and waiting for prices to go up.

Real estate investing has multiple factors and components which can influence the success or failure of any particular property. Specific factors such as selecting and screening tenants, determining rents, selecting properties, legal issues, tax planning and more can often make the first steps quite intimidating for new investors. When you add to that the large number of factors which are completely out of an individual’s control or influence (political leadership, economic factors, commodity prices, etc.) many people simply shut down before they even get started. It doesn’t need to be this way.

While there will ALWAYS be factors beyond our control, the majority of factors which play into real estate investing can be approached strategically and planned for in advance. Depending upon an investor’s strategy, timeframe, and long-term goals – real estate investing can provide a unique opportunity to create wealth over time.

While traditional investments such as mutual funds and the stock market rarely involve a leaky toilet in the middle of the night, there are drawbacks to those strategies as well!

HAVE YOU SIGNED UP FOR A MEMBERSHIP YET?

0 Shares