The REI Investor, Tax lien deed Investor, The short sale foreclosure investor, The pre-Forclosure Investor, The Options Contract Investor, The Developer, The Forclosure investor. Are there any more unique types of investments other than what i have listed? If so fill me in ,im tryng to broaden my knowledge on the differnt types of Investment Opportunities in Real Estate. And when you answere the question let me know witch phase you like best and why, Thanks see see!
Real estate is one of the few investment vehicles where using the bank's money couldn't be easier. The ability to make a down payment, leverage your capital, and thus increase your overall return on investment is incredible. Compact development can generate more revenue per acre because it uses land more efficiently. It can reduce the costs of land and infrastructure for individual projects and the costs of providing fire and police protection, utilities, schools, and other public amenities.
You are forgetting the ever popular speculator - a person that will buy a property at retail value, and then pray for appreciation. They are one part of the equation that lead to exploding home values during the big boom cycle. You are also forgetting rehabbers (what I do) - they buy at a discount (a lot of times from homeowners in distress) and rehab the property. Their exit strategies are normally sell at less than retail for a quick sale, or hold and rent for positive income. They are part of the solution for todays market because they repair homes that are dragging down the neighborhood, and they usually price for a quick sale which helps to correct inflated prices. They are a mixture of foreclosure, note buyer, and pre-forclosure investor.
I don't see anything mentioned on buying anything using owner finance? Or buying real estate subject to the existing financing. I once bought a 100 unit apt building no money down using owner finance. I rehabbed it then sold for profit. We bought for 400k rolled up sleeves put my crews in there and got hard money put in 650k then sold for 1.6 mil 6 months later. I told owner I want 90 days no pmts. He said no way, I said look, its an empty building this is going to take another price cut if you plan to get all cash take my offer and Ill get my money to put into your building. Finally we came to agreement. With over 500k profits after doing the profits split with my money man I had over 250k to pay cash for a lot of real estate investing I did on my own. Which bring up another great way to do business find a whale in this business and partner with them. I only toke me a few years with this whale to break free with over a million in my pocket. Also have you looked at estate sales and bankruptcy. I have been rehabbing for almost 20 years and like it the best. It adds value and is a true positive function to communities. Rehabbing combined with buying value is a powerful multiplier when combined in real estate investing. I am a tax deed investor,rehabber,and do options and owner finance. I no longer use bankers or partners as time has made me self reliant in this business. I love rehabbing even though its work managing my crews on apt buildings. Maybe its the growth of empire I enjoy. Building wealth can be addicting. When you build your business just find the nitch you love. Try out different types of what we see in your list and what others mentioned here and see what suits you. Even though real estate is filled with so many types of ways to invest I always find my self going back to a few things I do well. Good luck, you will love being a dirt merchant. Like Mark Twain said Buy land they aint making any more of it
Probate purchases are kinda cool... Its a strategy that nobody remembers about and most dont pursue it even after they learn it. Big pool, big fish... not so many investors which is good if you dont want competition. You name alot of good ones already too.
A truly property agent unearths you a residence or estate and unearths a customer for you. A truly property investor will uncover a residence or estate that they desire to shop for to hire out or flip round and promote for a benefit. Difference, truly property agent has no curiosity within the estate itself, simply the vendor and customer...the investor has curiosity within the estate...is sensible?
