By: Olympia Blankenship
If you were to ask the first 10 people that you meet on the street what comes to mind when they think of the phrase "real estate," you'll most likely get what many of us think of: that is, a firm or an independent individual that helps you pick out either your first home or your next home. While a real estate firm is certainly something that you need, especially if you're considering buying your very first home, there's another way that you can think of Realtors and real estate as well. What I'm talking about in this instance is investing in real estate.
If you've ever watched or listened to Donald Trump or Robert Kiyosaki, two very popular and very wealthy investors, you know that they both recommend real estate investing as a way to create a second stream of income that does not require working 40 hours a week. One thing you need to realize is that if you are considering investing in this type of financial vehicle, you might think that you need to do everything yourself. If you're of an entrepreneurial spirit, this can be something that is quite natural. However, it is also something that is ill advised. The reason for this is that there is now so much that you need to learn and understand, that it becomes practically impossible to do it all yourself, keep current, and of course make the deals.
This is where a real estate firm comes in very handy. Consider for a moment that you accomplish two things when you use their services: for one thing, they are able to not only find deals that you will like but also work their network to ensure that you get the best deal possible, thereby using their expertise for which they are trained. Something else to consider which many people don't, is the fact that this takes a long of work off of your own shoulders. True, you ultimately have final say as to whether or not you want a particular piece of property, however, you don't have to spend the time trying to find that one great deal of looking at sometimes hundreds of different properties with nothing to show for. By utilizing services such as the ones provided by Realtors, you can cut the time it takes for you to find that profitable deal down by at least 50%.
This has the advantage of getting you more deals faster and it will also mean that your real estate firm will make more commissions faster. Everyone makes money, and everyone is happy. One final thing to think about if you're looking into real estate as an investment vehicle is that you want to go with a firm that not only looks for current profits but also looks for the long-term. You need to remember that this can be a very profitable business but you need to have real estate agents and firms that are interested in a long-term relationship.
Another important consideration is that in most real estate markets the seller pays all of the real estate commission, including for your buyer's agent. To you, it's a valuable time and money saving service, that also happens to be without out-of-pocket cost.
Cash Paid for Privately Held Real Estate Notes, Structured Settlements, Annuities, and Lottery Payments. Personally held or we pay top commissions for any referral that results in a transaction. Call 1-800-908-9312 or visit us at www.cash4you123.com for more information.
Author Resource:-> Darrell Self can help you with Dallas
Fort Worth (DFW) Texas real estate. See his DMD Realty DFW Plano Page and visit Darrell's Profile Page DMD Realty DFW.com. DMD Realty DFW.com has ALL the lease homes and homes for sale listed in the DFW MLS service.
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