There are so may different ways to profit in Real Estate. Are you all having more success in anyone niche or would (ie short sales, tax sales, or subject to's)? I have noticed that if you do not concentrate in one area your overall effectiveness and production goes down tremendously.
What are your view points? Do you often work a combination of different deal in an almost multi-tasking sort of way or do you really target your niche and concentrate in that area?
I would love to hear everyone's views. Thanks for replying :-)
I thrive in multi-unit/family apartment complexes. If done correctly you can generate significant residual income each month. I have a few apartment complexes that generate $10,000 positive cash flow (cash after all expenses have been paid) EACH MONTH!
I use contracting companies to help manage each facility, there fore I never have to, personally, collect any rent, change light bulbs, or plunge toilets.
Once you get the process down it leads you down the road to real estate fortune.
First off, I am a huge fan of David and enjoyed his book "Multi-family millions". A must read.
To answer your question, you must create your focus based on the skills and resources your possess. I've known people who focus on the subject to owner financing strategy only to realize they hate selling houses. Or people get into short sales only to realize they hate dealing with the banks. Find a strategy that you will enjoy doing that works in your market and go with it.
Oh You are a FAN...
Sorry... at first I thought you were just bumping an ancient thread that deserves to remain buried (given the economic hurt that so many are going through!)
Are you sure you aren't subtly spamming the forums in your adoration of someone who has only ever made 1 post here to get a backlink?
by Treathyl FOX6 months ago
Hi Hubbers,I'd like some help with passing the Quality Assessment Process. Will you please give feedback on my Hub International Real Estate Investing - Awesome Choices!. There was a blue box ("assessment...
by REIMillions6 years ago
There has been many assumptions of when the real estate market will take a turn for the better. If you had pin point an exact year of when that would be what year would you determine and why?
by Kelly Kline Burnett6 years ago
I think the next 3 months will be the best time ever to purchase a home. Your thoughts?One agent felt that there would be another dip.I asked this question the other night and an established owner of a plumbing...
by Sekharg6 years ago
I see lot of houses for sale.I heard interest rates are lowest.Is it a good idea to buy a house now?What do you think?
by Donte Mazyck7 years ago
Now is the time to step into the real estate industry and make money. Warren Buffet, the worlds richest man, said during turmoil is the time to make staggering profits. With the real estate market close to...
by Jessica Noonan6 years ago
This is a great time to review your finances. If you have not thought of buying a rental property before ...it's time. Facing the current market of homes dropping in prices and rates in a all time low...it's time to...
Copyright © 2017 HubPages Inc. and respective owners.
Other product and company names shown may be trademarks of their respective owners.
HubPages® is a registered Service Mark of HubPages, Inc.
HubPages and Hubbers (authors) may earn revenue on this page based on affiliate relationships and advertisements with partners including Amazon, Google, and others.