Real Estate Investing

I was just wondering how many people here actually have investment properties? and would please like to share your experiences in your investments.

I for one love real estate because i firmly believe real estate is the #1 way of gaining wealth.

 

In the next 5-7 years I plan on getting into some REI. I have a relative who is pretty successful with it. Hopefully I'll be ready to invest if/when the bubble breaks

 

first of all the bubble has allready broken. And it doesn't take 5-7 years to get into investing in real estate. Read this post on my forum it would probably help you out and get my point across. http://re-talk.com/forum/viewtopic.php?t=68

 

I think that's yesterdays news All the benefits of creative real estate investing can be derived from building/improving websites. The difference is there is almost no downside risk and the values are better. Try buying real estate for 10-12 times net monthly earnings, which is the going rate for websites.

Real estate has certainly made fortunes for many, but many others have lost serious money. I think websites are much safer and have potentially greater yields.

 

Real estate investing is a gamble, but the rewards are huge. The key is leveraging other people's money. I've increased my worth by almost 6 digits in just buying my last 2 houses (primary residences). I would be all over buying houses in this down market if my bank account and credit score would allow.

 

Actually, the returns form stockmarket over the long run is far, far greater than any other form of investment, but I guess property is a lot safer.

 

yes property is alot safer, and on top of that theres many ways of investing and you could pick one that fits your desires. for example if you don't want to deal with tenants and/or maintaining a home or building then you could always invest in land raise the value or just wait it out or even build on it. You could also just invest in papers or tax liens. You could try commercial real estate investing and many many other ways. It would take me all day to list all types of investing.

Also i'd like to add investing in real estate is not a gamble. You have to have a set plan and make sure you have an exit strategy. It's very hard to loose money investing in real estate. i'd say 95% of the people who invested in real estate gained rather then lost. Hence why the #1 way of gaining wealth is by investing in real estate!

 

Real Estate is tricky business, in long term it's always profitable but in short term it's depend on your experience.