Real estate investing is one of the fastest and most proven ways to build real wealth. If there’s one thing I know for sure, it’s that there are many ways to make money in real estate. Whether it’s in flipping, development, buy and hold, land splits, you name it.
People ask me all the time about how to make money in real estate and the reality is that individuals need to find an approach that works for them. The only thing an investor needs is a little education, some encouragement, and the guts to take the plunge.
As a real estate investor with over 20 years of experience, I have assembled here my list of most recent real estate investing FAQs (frequently asked questions):
Real Estate Investing FAQ #1 - Are we in a real estate bubble?
This is by far the biggest question I hear. To be sure, the recent real estate boom was the largest the country has ever seen. Not since after World War II has real estate appreciated so much, so fast. Now the market psychology has changed and many investors question when the market will recover.
Real Estate Investing FAQ #2 - Are stocks a better investment than real estate?
I am always amazed how often this comes up and how the answer is spun depending on whom you are talking to. The real estate folks say that it’s real estate, while the stock market guys say stocks. The investor must take a close look at both the quantitative and qualitative factors of each class of investment.
Real Estate Investing FAQ #3 - Can I invest my IRA in real estate?
There has been a lot of media attention recently on this topic. People often ask me whether this is even legal. There is no doubt that it is legal, but it can be complex. Considering the uncertainty of social security, investors need to do what they can to fund their own retirement.
Real Estate Investing FAQ #4 - Can I really make money with foreclosures?
We have all heard about the money that can be made buying and selling foreclosures. But considering the risks involved, can you really make money in foreclosures?
Real Estate Investing FAQ #5 - Is making money in real estate easy?
I think you know the answer to this one. Making money in real estate takes a lot of diligence and hard work. But fortunately it can be done, and has been done by many. If it was easy to do, I’m not sure it would be so profitable.
These real estate investing FAQs are only a few of the ones that I often hear. Hopefully, some insight into these questions will make you a more astute investor.
About the Author
Paul Sunndin is a writer and real estate investor. He is the author of the book “Everything You Have Learned About Real Estate is Wrong.” This book answers the above questions as well as many other real estate questions. To obtain a free copy of the book (now available in digital format) and to find out about innovative tactics for the real estate investor, visit his site at http://www.realtactic.com
Source: www.articletrader.com