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Real Estate Investing
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Jan18
Real Estate Investing - Don’t Want to be a Landlord?
Filed under: real estate investing; Tagged as: Add new tag, lease option, quick cashf, real estate invssting, wholesaling2 CommentsReal Estate Investing - Don’t want to be a landlord?
When you invest in real estate you need to decide what real estate strategy or strategies you are going to use.
Various Real Estate Investment Strategies are buy and hold, wholesale, bird dog, retail flip or lease options.
It seems to be in today’s marketplace the number 1 real estate strategy is to wholesale or bird dog. In today’s market place or newbie investors all want to use the wholesaling strategy because it’s quick cash and it seems the investors today are looking for a quick strategy to fast cash.
Last week I attended my apartment association meeting and talked to an experienced investor and he keeps commenting to me as members of the investment club all they talk about is wholesaling. From his experience these investors are missing out on all of the other strategies in real estate investing. We talked about this same issue last year.
I want you to ask yourself this question?
What happens if the property you bought doesn’t perform as expected and sell immediately?
Do you have cash reserves to pay your mortgage payment?
I can guarantee you if you don’t plan ahead for the tidal wave you will end up looking at other strategies to keep yourself afloat. Lease Options are a Great Strategy or you may even look into renting your property out to smooth you through the storm.
Even if you finance properties; it will come a point in time when you need to educate yourself in other strategies besides wholesaling or what are you going to do when the market changes?Cashflow Cindy
