Real Money Making Secrets Involving Real Estate

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Here’s a consolidated version of my “How to make money in Real Estate” articles. If you are looking for the complete articles, just click on the links below to see the specifics about the certain topic.

1st Buy The Right House. Buy The House The Right Way.

Get your FICO. Better score, better rate, lower price.

Find how much house you can buy. Find out what YOU can afford, not what they offer you

Now it’s time to shop for a mortgage. Shop around for the best possible rate & terms

Make some choices. Find the area you want to live around

Get a real estate agent. Makes real estate shopping much easier

Take a week off work. It’s a big deal; take some time off to get a clear mind

Find a house that you really like. Doesn’t have to be the best. Comfort comes first

Hire a pro. When you find the house, hire someone to look at the construction

Rent a truck or U-Haul and pay some friends to help you out. Less money=good

Have a house warming party! It’s over and it’s time to let loose!

2nd Build Your Wealth in Real Estate

Step one: Develop your game plan. Don’t go in blind. Investing requires thinking.

Step two: Already nice, or fixer upper. Choose your money maker.

Step three: Financing. Buying stuff with none of your own money! Spend a lot of time shopping. This will either make or break your return.

Step four: Advertising time baby! Advertise so you can rent, lease or sell quickly.

3rd Build Your Wealth in Real Estate#2

Step five: Short term money maker. Buy. Fix. Flip. Which way are you going to make your money?

Step six: Buy smart. Rent smarter. Always plan ahead. Renting a house is long term investing; which requires a different plan then flipping.

Step seven: Lease-to-own. Find out the ways to profit now and profit later. This is a win-win situation.

4th Making 250k Tax Free Per Year-MUST READ

Step eight: Using the tax system to your advantage. Learn the tax laws to make a never-ending stream of real estate income. This is a MUST read post for long-term investors or investors expecting large property appreciation.

Do you have any other real estate money making secrets to share with everyone?

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