3 Strategies to Conquer the 2014 Real Estate Market by Jeff Adams

Yes, you can make good money as a real estate investor! But, you need to invest much more than your money. To become a successful investor, you need time, a certain level of commitment and an open mind to learn about new updates and unlearn old concepts relating to everything that goes on in the real estate arena.

Strategizing your real estate investment plans is of utmost importance; because entering into the realm of real estate without a strategy is equal to going to war without weapons.

So, what is your strategy to conquer the real estate market in 2014? Let’s take a look at 3 real estate strategies which show immense potential for application in the 2014 real estate market.

Strategy # 1 – Start Small with Fixing & Flipping Residential Property

 The fixing and flipping strategy is gaining huge popularity; this presents you with a number of wonderful opportunities to profit with a simple fix and flip. The concept is simple; investors buy a home, renovate it and then sell it for a significant profit.

 Sounds interesting? Property flipping is easy, and by walking through the process with a professional, you will see how the renovation pays for itself.

 Strategy # 2 – Stay Smart & Simple by Buying and Holding Residential Properties

 Residential single-family properties are in huge demand. Investors can purchase property, undertake any refurbishments required and put the ready home up for rent. This strategy is not only one of the easiest; it can also provide you with ongoing passive income.

 Strategy # 3 – Aim Big with Building & Developing

 If you have the necessary resources to invest big, it is obvious that your returns will be greater. Building and developing is a risk-free real estate investment and one that is very likely to go down well in 2014. As an investor, you can either construct single family homes or apartment buildings, and then put it up for sale or rent.

 So, what will your strategy be?

 A Few Tips to Bear in Mind

 Before you proceed with any kind of real estate investment, we recommend following the tips mentioned below:

 ·         Speak to a professional realtor and make note of their inputs; experienced realtors know the market inside out and can provide great help.

·         Check your financial capability with your financial planner / accountant. He / she can also help you devise a strategy for wise use of your resources.

·         Take your time to devise all the strategies you wish to apply; it is essential to think every decision through before you go ahead with it.

·         Dream big, start small because if you are a new investor, you are likely to make mistakes along the way; therefore, starting small can keep your losses limited.

 Real estate investing is a great way to make money; however, it all depends on the effectiveness of the strategies you enter the realm with. Therefore, we recommend first time investors and beginners to rely on professional help for every decision they take.