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Real Estate Investing For Beginners: House Flipping Vs. Long-Term Real Estate

A real estate investing for beginners guide can help you make a decision as to whether you want to venture into house flipping or hold long term real estate.

real estate investing for beginners

photo credit: denisp12 via photopin cc

There are more than 100 ways to get involved in the real estate investing business but the most common ones are long term real estate investing and house flipping.

House flipping has become very popular these days thanks to reality Television shows such as “Flip This House”.

The oldest form of real estate investing is buy and hold real estate which many people are familiar with. It still remains one of the most solid ways of earning an income considering the fact that many people have become millionaires out of it.

I admit I prefer house flipping but I also do long term real estate investing. So which of the two is better?

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House Flipping Project: Project Manager Vs. General Contractor Vs. DIY

Who can make your house flipping project a success? Is it a project manager, a general contractor or should you do it yourself? Only one way to find out.

house flipping projectMy day ended really terribly the other day. I took on a project I thought I could handle alone and I ended up hitting myself square in the jaw with a floor board. I didn’t break anything but I realized that there are three ways that I could rehab a house. I could either:

  1. Hire someone to do all the dirty work
  2. Do all the rehab work myself
  3. Do some of the rehab work and let the others do their part.

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The Secret To Successful Real Estate Investing Is Networking

There’s no secret to successful real estate investing. Others will even tell you that for $50, 000, they can coach you how to become successful in this industry. Their fee is of course inclusive of the big “secret”.

successful real estate investingThe truth is, there is a secret to successful real estate investing and it is not worth $50, 000. Can you believe that the secret is networking?

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8 Reasons Why Your Real Estate Investing Business Is A Huge Failure

Is your real estate investing business growing at a snail’s pace? Maybe it’s because you are making some easily avoidable mistakes.

real estate investing businessWe all learn from our mistakes and in real estate, the more experience you have the more you learn and the less likely you are to make costly mistakes. Unfortunately, for some people it’s not that easy to survive in this industry because their real estate investing business is not growing as fast as they would like. If you are part of these people, then you could be making these 8 mistakes:

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Is Starting Your Own House Flipping Team The Perfect Shortcut To Success?

Is starting a house flipping team the easiest way to house  flipping success?

house flipping teamHow many times have you ever heard yourself say, “House flipping is hard”, or “Taking on house flipping is a huge RISK” or “the economy is tight so banks won’t lend me money”?

While house flipping is not the easiest thing to do in real estate, it isn’t really the hardest thing either.

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