Investing In Real Estate Step-By-Step
Well, this is the last segment on investing in real estate, the TVREI way. I hope you have learned a lot, thus far. This last segment will put together everything you have learned, in a manner which will guide you through each phase of the real estate investment process. While buying real estate, it is my hope you will come here often and reference this material. There are seven phases packed with valuable real estate investing information. Each phase has a link, to give you the details you need and allow you to print each phase, individually, as you begin your journey to building wealth. I suggest focusing on one Phase at a time. Phase One - Assemble Real Estate Investing Information. You must first prepare by securing information and support you will need. This includes: Joining the closest REIA, contacting a permanent lender and subscribing to data services.
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Phase Two - Continue to Gather Real Estate Investment Information and begin the process of Buying Investment Property. This includes setting an appointment with a Hard Money Lender and beginning to research potential deals.
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Phase Three - Schedule a meeting with a Real Estate Agent. Be sure this is after your meeting with the Hard Money Lender. Contact the REIA for referrals. All are important when investing in real estate.
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Phase Four - Investing in real estate requires detailed analysis of each potential property. Compare the properties received from all sources. Select the best 5. Schedule to meet property inspector at all 5.
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Phase Five - After using your tools to determine value, and expenses, write a contract on the best of the five.
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Phase Six - Get bids from 3 contractors. Be sure to refer to my advice and instructions on selecting a contractor.
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Phase Seven - Submit signed contract along with accepted rehab bid to your Hard Money Lender. Close on your investment property. Begin and complete renovations according to the instructions. About one week before renovations are complete, request Permanent Lender to begin refinance process.
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Refinance is complete. Congratulations!!! You are now light years ahead of most of your peers. This includes many others who have been involved in real estate investment for years. You are on your way to building wealth in a manner few ever do. You will soon be in the top 5% wealthiest Americans. It will not take much. This will be so simple, you will become baffled that so few others achieve your lifestyle. As with anything it is all about the knowledge. You are armed with valuable Real Estate Investing Information. Final note to this real estate investing course. We understand that for a variety of reasons, some will have difficulty executing Time Value Real Estate Investing. There are those who truly want to pursue TVREI but cannot complete the process. However, they are very serious about purchasing deeply discounted real estate. We may be able to help a few of you.
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If you are an individual who would prefer a more passive approach to real estate investing, click on the link below, for a real eye opener.
From Investing In Real Estate Step-by-step, to Passive Income.

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