DFW Property Professional
How to Invest In Real Estate
Ah, the wonderful world of REI, or real estate investing. You see the gurus on the late night infomercials, see the ads on the interwebz. No money down! No experience needed! Never lift a finger!! Well, most of us have enough common sense to know, it doesn't exactly work that way. BUT - if there's a will, there's a way, right?
Working with investors is a completely different side of the RE business. The real estate market is a fantastic way to make money. You just need the right partners to walk you through the process. Whether you are a seasoned flipper or rental property owner, or a newbie who wants someone to show them how to make a few bucks, we can help. Here are some of the types of REI that we have experience with:
Rental Homes - one of the most common ways to profit with real estate is to be a landlord. Some people inherit a relatives' home. Some come across a bargain in their neighborhood and decide it would be a good way to make a little extra income. Others actively search for properties that are priced under market value and need work. They fix those homes up and rent them out for a healthy profit. These types of investors (landlords) can have one rental home, or a large portfolio of properties.
Fix and Flips - This is the most risky type of REI. In most cases, when an investor wants to buy a distressed property that is being sold under market value but needs more than just a cosmetic touch up, it is next to impossible to get a typical mortgage. There needs to be cash or private money available to purchase the home and to make the needed repairs. The renovation can take weeks or months... but once it's completed, there is an opportunity to make tens of thousands of dollars by marketing the new and improved property for sale. This type of REI is not for the timid, but can be a gold mine for the select few that have what it takes to get it done! Don't worry if you have no experience.. we can walk you through it, every step of the way. We perform "boots on the ground" service, meaning we can be your eyes and ears. We have an excellent team of contractors, designers, lenders... everything you need for a successful flip. We can help as much or as little as needed.
Turnkey Investments - If you are looking for passive income or for a fairly easy way to save for retirement, turnkey rentals are the way to go. In most cases these properties do not need any repair. They are already leased to thoroughly screened tenants who pay enough monthly to cover the mortgage and provide a few hundred dollars a month in income. Other than meeting certain requirements and filling out some paperwork, you really don't have to do a thing to begin making money with turnkey rentals.
What are you waiting for? These are just a few examples of what you can do to make money in the real estate industry. If you like to think outside the box and try new things, REI might be just the thing for you! Our fantastic team has proven success as REI consultants, and can get you a much better return than the stock markets! Contact us now for a free, no obligation review of your options.
Example of a recent Fix & Flip:
Purchase Price: $165k
Rehab/Holding/Closing Costs: $140k
Sales Price: $490k