How do you become a successful realestate agent/broker/investor?

Find good partners with experience. Don't lose money. Make money at the time of purchase. Leverage wisely. Make your investors money. Pay attention to macro changes in the market. Pay attention to micro changes in the market. Have at least two reliable contractors. Always have access to funds to take advantage of good deals. Invest your own money. Make money with other people's money. When everyone is buying, be cautious. When everyone is selling be aggressive. Pay attention to days on market. Buy and hold with above average returns. Practice and learn to make accurate estimates of property values for your flips. Learn information on your own and don't rely solely on other people's information.

Number of good answers, particularly and . I would add that you want to be today where everybody will want to be after a few years...once you become a local expert and active in your local community, you will be able to compete better. For example, people that entered Brooklyn when it wasn't as popular are reaping the benefits big time today!

I agree, it's difficult to answer in an online forum, but here are some tips (not in any special order): 1.Choose a field or two of expertise in residential or commercial. 2.Set a daily schedule and stick to it - be available! 3.Maintain a contact management system 4.Constantly learn via CE, webinars, and company sponsored events. 5.Stick to the Code of Ethics! 6.Realize it's not a M-F, 9-5 job. 7.Network! Network with other real estate professionals, lenders, and professionals. 8.Realize that wherever you go in public, you have a chance to meet a potential buyer. So, wear your name tag and carry business cards. 9.Budget wisely. Choose free marketing before you start investing in advertising. 10.Know nothing is personal. You meet people from all walks of life. Try your hardest and know nothing is personal. 11. Say thank you! Closed clients are the best source for the next client. So, remember to say thank you to them and keep in touch. Have a great day! Meghan The Cameron Team http://www.thecameronteam.net

This response relates the option of being an investor, one you need to figure out what type of investor you want to be, this could ether be a short sale, intermediate sale or long term sales. Once you realize which sale type that would become most profitable for you depending on location and type of property you wish to pursue. you have to know the turnover rate and different tax you might be faced with depending on how long you want to own or rent that particular location. These are something you should be brain storming about on your way to become a successful real-estate investor.

Try to choose one over the three and focus. It will be hard enough to become great in one discipline. Expand the roles when you have knowledge/connexions..