Residential Real Estate

Learn to Invest in Residential Real Estate.

If you are considering investing in real estate, you’ve likely done a little digging on the internet to determine if now is a good time to buy. Looking at those online articles from time to time, I’ve noticed that the answer is always “Yes”—and always “No.” The people who say “Yes” tout the idea that the real estate market always rises. The people who say “No” suggest that real estate moves in cycles and that the real estate “boom” is over, leaving the market in a correction that is likely to last for some time.

So, which is it?

Real Estate Investing: Yes or No?

While it is true that real estate moves in cycles, it is also true that real estate rarely loses value. So, even during the worst of the real estate crash, smart real estate investors were able to find great deals and make a profit.

Though some advisers are still suggesting that real estate is “down,” actual numbers show that real estate investments are rising. In fact, the average profit from flipping a house is now $62,000 nationally, with some cities reporting flipping averages over $100,000. With averages like this, the answer appears to be a resounding “YES!”

Getting Started

There are many ways to get started flipping. Let’s look at three:
  • 1. You can just get started

    Some people jump in feet first, buy a property, and begin renovations, figuring they’ll learn as they go. The problem with this method is that your learning process will often cost you a lot of money as you lose potential. Easily made mistakes that turn a good deal into a losing deal plague new investors who don’t have enough knowledge or experience.

  • 2. You can read an investment book

    This is a great way to start to understand real estate investing. You can get some great tips from those who have been there and done that. Once you’ve read a book, you can then buy your first property and see how it goes. The problem with this method is that although you will have a good beginner’s understanding, a book can only go so far. You are still likely to encounter things the book never mentioned and find yourself knee-deep in problems that cost you profits.

  • 3. You can get one-on-one training

    This is the best method for learning how to flip homes because hands-on learning gets you involved in the process with someone who knows what he or she is doing. If you have the chance to learn about home flipping in this manner, you are much more likely to see good returns on your investment.