How do you become a real estate investor?
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Answer:
== Becoming A Real Estate Investor Is Simple, But Not Easy That may seem like a contradictory statement at first glance, but hear me out. There is only one way for someone to become a real estate investor: actually purchase a piece of investment real estate. Until that pivotal moment, all the books read, courses taken and plans laid mean nothing. Believe me, theory and reality are two different things in the world of real estate investing. And this is where the "not easy" part comes in. Real estate investment is a business, and starting a profitable business takes dedication, skill, knowledge, the ability to handle risk, and perhaps most importantly, the ability to persist until you are successful. If you are considering becoming a real estate investor because it sounds like a good way to "get rich quick" I would strongly advise against it. Having said that, however, it is possible to make a lot of money in real estate. My very first commercial real estate investment earned me a six figure profit, and generated a steady, passive cash flow for many, many years. Through my website Apartment Building Real Estate Investment For The Rest Of Us, I teach people how to invest profitably in commercial real estate. I share with my readers my real life successes (and failures) and try to cover as many aspects real estate investing as possible. Here is what I recommend: 1. Get educated: If nothing else, take out a few real estate investing books from the local library and read through them. Not only will this teach you about investing, it should give you an idea of whether or not you really have a passion for investing in real estate. 2. Decide what type of investing you are going to do. Are you going to be a short term flipper? Are you looking for monthly cash flow? Are you going to focus on commercial or residential? 3. Formulate a strategy: Through my website I share my real estate investment strategy for investing in apartment complexes, and generating passive monthly cash flows. 4. Take action and be persistent.
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