How much time do you really need to invest to be successsful in real estate?
145848
It really depends on how well you know your market.  Do you have contacts in the industry (banker, movers, other realtors, teachers, etc.)  Getting your license can be the easiest part ...
73338
As a full time Realtor, I would say that.  Real Estate is as tough or easy as you make it.  There will be some fees up front for classes and licenses, but those should be minimal.
758417
I started by attending local REIA (Real Estate Investors Assoc.) meetings.  They are free in my area and was able to network and learn from people who have been in the business for years!  It got my foor in the door to a lot of opportunites.  I would see if there are any in your area.  It is a great way to learn and network.  Good luck!
137844
Sunny is correct in telling you that you need only get your RE license to start selling.  However, what Sunny failed to mention is that these companies (at least the successful ones) will want you to have at least bachelor’s degree in Business, Marketing, Accounting or Economics.  Most of them will want you to have your real estate brokers’ license as well.\nAlso, please don’t be fooled by Sunny’s flippant comments about just taking the classes and getting started.  I’m not saying you can’t do well at it, I’m saying it takes a lot of VERY HARD WORK to make your self successful at it.  I know several commercial brokers, and a few successful ones, and the ones that are successful don’t half ass it, they work 60-70 hrs a week.  The payoff for these few is Huge, I’m talking high six and sometimes seven figure incomes but you have to want it, and you have to work for it!\nI hope I have given you a little bit better insight into the world of commercial real estate.  \nI truly wish you the best!
571572
Buying real property is not like purchasing stock.  Purchase it with the intention it is your home for 4-5 years.  Your return will be on your taxes -  You will gain equity and you can right off  the interest on the loan, & the taxes on the property and get a refund from the Federal Government and possibly State taxes. Waiting has thus far proven that interest rates rise and houses may come down a little, not enough to cover the interest rate hikes.  Speak with a loan officer to find out how much you can actually afford.  Renting is just throwing your money out the door with no return. I am a homeowner and have now been rewarded with a return of equity of over 275% and I still won't sell.  My investment was overpriced in 1971 and I now have an unbelievable return on my investment.  Don't think short term, think long-term and when the price is right sell it and move on.
1067100
I started many businesses for over 5 yrs now, internet and mailorder. I even owned real estate twice, from a Will Trust, and No Money Down Deal. Now, I sold the Will RE and I lost the RE from a bad broker deal, that went foreclosed.  Business is still going after many failures.  But here is my advice.  You can make real estate a good business with DD research and know that its better to buy RE and sit on it, instead of waiting to purchase later.  While it goes up in value, you can always borrow against it for future purchases or for a new business enitity.\n\nAfter my last failed RE deal.  I vowed to learn how to make the type of money from my business first, then I can buy what RE, multiple types...land, Mobile Homes, Condos, Farms, Family Res, etc. and make it worth my time, with much DD effort.  But whatever you decide, make sure it is your passion.  You would have to love doing it, and always fine tune it, to keep it growing.  Learn from your mistakes and never give up with your business.\n\nI have just crossed the path that I set my goal for, and that was to make in the range of $3-5k per month from the internet.  Now I am researching properties in certain areas that I would like to buy.  It took awhile, but I made that first goal successful. Now my next part is the RE of my choice.  It will become easier now, working with a RE management co. to take care of my RE needs as I purchase what I want to rent. So Good Luck and get your feet wet. I am sure you will do just fine.
446378
i think it only takes like three months to become a real estate agent...
998214
Investing \n\nPeople who accumulate wealth quickly – those who "get rich quick" - do so using a couple of main \nroutes. Perhaps 1% of them are in the right place at the right time with an IPO in a red-hot market. The \nother 99% do so by researching their investment choices and getting to the right deal FIRST. Timing \nbeing a keyword. Commercial real estate as an example: sales of office buildings were up 48% for the \nfirst six months of 2005 over the same period last year - $43 billion in sales. Now's the time to find a \nbuilding owner or REIT overburdened with debt that has properties they want to move - a property that \ndoesn't fit a first class  portfolio might be ripe for rehab and top leasing dollars. Over and over, real estate \nthat seems overpriced has proven to be low risk. Every real estate entrepreneur begins with one building \nat a time and accelerates as he finds his formula. Looking to foreclosure opportunities makes great \nlate-night television advertising, but there's a reason the lien holder can find neither buyer nor value in \nthe property. That is a risk-ridden course of opportunity, so do your research thoroughly. Look in the \nniches and corners. There are a number of boutique wineries on the market in California that were founded \nby wealthy people who found that it takes a lot of agriculture and equipment to produce that bottle of wine. \nA property like that can be worth investing in whether you want to make wine or not, if you can find a \nbuyer for your grapes. There are also tax advantages to acquiring a property with a net production loss \nand a lot of buildings and equipment subject to depreciation. Given the consolidation in the wine industry, \nthe large vintners may be looking for smaller, specialized labels in the near future. And of course, there's \nthe value of the real estate itself, which can only go up. Investing in wine itself is a little more heady, so to \nspeak, but a lot more risky. Outside of the occasional lucky guess, the wines that accumulate value are \nfairly predictable and expensive to purchase. Wine investment collectives tend to be more for purposes \nof entertainment  than a solid ROI. Investment is a game of research. Whatever your area of interest, \nknow your market's long term trends,  believe that the analysts are of limited, short-term value, establish \nyour parameters and then wait for the right deal. If you've done the footwork, you'll be there first. You \nmust take on board just how important research is when making those big decision with your hard \nearned income.
95637
it purely depends on the amount of money you've recieved as to be too practicle i am myself engaged in a home base bussiness which requires an investment of US$ 140 with an assured return of US $50,000(minimum) after 12 months if intrested then mail me at delete_insert_shoot@yahoo.com
1025812
To do a real assessment of worth you'll have to value the business based on cash-flow and bring each year to present value. There are spreadsheets available on-line to do this. Just plug expenses, sales, projected growth, etc. and you'll get your answer. If you want the quick and dirty: you'll recuperate the investment in a little over 3 years. Plug the interest you want for your money, (say 7%). Bring it to present value and you'll still recoup in 5 years or less with the growth you mentioned. That is really good. If you like what the business is about and you don't mind doing the work in case one of your guys gets sick and have the ability to make it grow, then go for it.
1091650
The best option for you would be to find others with 30k to invest and see about setting up a REIT (real estate investment trust). Think about it, get 10 people together and now you've got 300k to work with. At that point, you can put the money down on a strip mall, apt complex, etc... Commercial real estate is very lucrative and often you will walk in cash positive. In fact, you can't buy the place (conventionally) unless you are cash positive. You get to see the previous owners 3yrs of financial records to tell you if it's going to yeild you a return or not and so on.
357530
Look at what services they offer. It depends on what you are interested in. You can meet with the people to talk to them without making a long-term commitment. If you want to invest in stocks, make sure they work with stocks and are knowledgeable. If you want to invest in real estate but they only know about the stock market, then they are not the advisers for you. You interests should meet theirs, which means you have to have ideas about you financial plans before meeting them. You shouldn't depend on one company to plan your future for you. You have to be knowledgeable and involved. For someone is just starting, I would go with a company that has TV ads nationally. That means they move millions in revenue and are credible. Meet with reps from the company and talk to them. Find out what they offer for their clients and do your own research.
736278
It really depends on the area in which you want to invest.  It can range from $150,000 all the way up to $750,000+.  What I really want to do once I get my finances in order is to flip houses, that is where the real money is.  =)
711483
Hello,\n\nI completely agree with wanting to invest your money.  Afterall, what's the point of making money if you can't make more money with your money (got that?)?  Anyway, I've tried all different investments from stocks and bonds to IRA's, 401k's, and real estate.  I'm really a big fan of diversification.\n\nHowever, the only investment I've really been happy with so far is real estate.  Over the past 5 years, I've bought 3 different properties (all have tenants, and I'm making more than the mortgage payments on 2 properties).  \n\nThe 3rd property I got  was using Carleton Sheets no money down methodology (he's a GURU in real estate, and yes, his methods do work!).  You can actually buy a property for absolutely nothing down (NO MONEY FROM YOUR OWN POCKET).  I payed over $500 for his course 3 years ago, and I just saw it online for $9.95!!!!  This is a steal at $9.95 (I'm actually going to buy it for my friends for Christmas).  It was featured on TV, so I got the website from there.\n\nBefore you invest in anything, I highly suggest the Carleton sheets course.  http://www.alllsite.info/real-estate.php
30402
Real Estate Investment.
806878
If you are not familiar Dont,if you thinking of this type of business,get someone which is good in this trade to help you for a start.(normally an estate agent)\nTry not to flip too much houses at a goal.(my suggestion for a start try 1 or 2 properties until you are more familiar)\nDo not invest your monies on 1 area, try different areas or even countries you may think of potential.\n\nGood Luck\nemail jassmode@yahoo.com.sg\nColdwell Banker Real Estate (Singapore)
914788
Yes you got to invest wisely, they provide with the information required.  You got to also understand the costing that will occur to finally occupy the property and timeline to get the property  See their site johnbecland.com