What is a real estate investment?

A Real Estate Investment property is a building or a family home Other Than That Generates Income -through rent or resale . The price of the investment- and the earnings are driven by supply and demand .
There are Three Ways to start in real estate investment:
 Buy a property
 Buy shares in a real estate investment trust
 Invest in a mutual fund Focus on the real estate sector.
Our Focus is Real Estate Investment by foreclosures , short sales , lease Purchasing and mentoring. Can this be done successfully using Smart Property Investment Strategy .
Foreclosures
Low Interest Rates and rapid Appreciation of the property is the attraction to this type of investment. "You can buy foreclosures for as cheap as 30 % or 40% Below Market , But most foreclosures sell for 5 % Below market, " said John T. Reed , editor of Real Estate Investor's Monthly. Can you forget about paying pennies on the dollar; That just does Happen .
Good buys are available , But They require research , preparation, patience and persistence .
You must learn to navigate the foreclosure process, and That Is Where eat SSPI in. The foreclosure process starts When a property owner falls behind on mortgage payments. Many owners of homes foreclosure Go Into That Have Been Struggling for Almost a year Financially Before they give up , Which Usually Means That You Not Received the house needed repairs or general maintenance for a while .
This May include everything from missing light bulbs to roof leaks. Tree limbs in front yards, broken appliances and windows , and dirty carpets , floors and walls are found in Even very affluent area foreclosures .
Houses in poor condition might fetch bargain prices , But Can repairs boost the cost again. The first rule of real foreclosure is to find a property in a good area with high property resale values, hold your nose, walk through the house and Entire Consider making a low offer.
When a lender decide to foreclose on a property, a notice of default or a lis pendens (Latin for " lawsuit pending " ) is filed , Depending on the state. This document is a public record, and for buyers, it 's the first step in locating a property in foreclosure . A buyer looking for foreclosures Also buy magazines and newsletters dog That list properties in default.
Once a home has-been located, search public records. Look for liens on the property , Since They Can drive up the purchase price. Typically Liens are Placed on a house for unpaid property taxes. Also check out prices and Assessed Value of Neighboring properties.
Research local state foreclosure Laws , sincere They Differ . Some states - Such as Florida , New York , Ohio and Pennsylvania - require the lender to sue the borrower and get a court order for the leaves of the property, a process Known as judicial foreclosure. Other states - Including California and Texas - follow the non -judicial foreclosure process, Which does require a lawsuit .