I have been thinking about investing in real estate to turn a profit.?
354468
If you have no money up front to pay the contractor\nperhaps you can ask the contractor to build the real estate on a vacant lot. Tell him you will pay him when the job is done. Make your contractor your best friend. Even do good deeds for him. Tell him you will pay him in cash plus 20 % markup of all of his cost and profit. While he is building the house, place an ad in your local newspaper saying their new home will be completed in 6 months. Show the buyer the beautiful house plans. Have the buyer pay you by cashiers cheque a down payment of 25%, and the rest on completion. Add 50% to your contractors bill. If contractors final bill is $150,000 sell the house for $225,00. before it is built.\nMake sure you build the house on an empty lot owned by someone else so you dont have a paper trail of ownership so you dont pay taxes. You only want cash coming into your possesion. Do not put you signature on anything. Let the new buyer absorb all the cost so you can turn a trick, I mean a profit.
1140204
depends on your lifestyle, you like to move around, rent , if you are looking for something set then make the jump on something while the market is down then renovate and sell. or stay which ever. apprasials are going up for taxes, that is something to think about talk to a realitor, but they get about 6% of sale price and dont think about owner finance its not good for that. good luck
1012375
Check out real estate investment trusts and read articles on Yahoo Finance
408255
If you are flush with cash look for viable investment strategies.  I'd advise real estate investment inside and outside your state.  Your cash can be used to get you into affordable multi tenancies and then you can reap long term benefits form the cash flow and eventual equity produced by your growing portfolio of investments.  Think long term.  Invest in property for the long hall and grow your portfolio and size of investments over time.  You will find long term wealth and many financial benefits form your investments.
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
1124015
Real estate investing.  Do it right and you can do deals with out any money of your own.  \n\nBeing a real estate agent may not be a bad way to go either.
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)
1001748
Invest it in another property and spread the risk
635353
real estate foreclosures or buying properties to fix and flip. I have been doing it for a few years now and will be retiring in the next 3 or 4 yrs. I am 39 and a contractor.
731984
Savings. Try ING. Cash is best to have right now. You don't have enough money to invest in anything else. When you have more $$$ and if you are young then try the stock market. Stay out of realestate for another couple of years.
746625
You should. Real Property is Real Property. The danger could arise if the property was overpriced.
770791
Sell your house and buy a 4 unit property,you will live in one unit and rent the other three out then you will be making money while you are at work or just at home.Passive income is great.
1104053
invest in real estate the best returns for your money and the safest way to encash it when you are in need
576852
mr. i think u should go to a market consultant as the market is realy verrry speculative now a days and i will suggest u not to invest without a propper guidence ..........
45635
First pointer: Avoid the scam listed above.\nIts listed here also: http://answers.yahoo.com/question/?qid=1006012204009&r=w\n\nIf you are looking to start investing in the real estate market, be very cautious.  Many hot locations are expected to see a cool off in the next two years.
22102
Well you'll have to do the math.  If you purchase you can depreciate the asset.  If you lease you will save $ up front and can use the money you saved to invest in your business.
522881
I know that in my town, I belong to a Real Estate investors group. SOme of us do fixer uppers and some provide loan money. Look in your local newspaper for meetings or groups.\nIt is always a good idea to build a network of people that invest in Real Estate.\n\nMy lenders will only loan if there is a 50% equity position and the loans are for about 12%, but if you are flipping them, the rate is somewhat irrelevant within reason.