Real estate investing for the rest of us. Learn about foreclosures, short sales, landlording, rehabs, flipping, how to work with realtors, mortgages. Make sure you have the education edge on the competition as this husband and wife duo supply interviews and down to earth information about real estate investing. Visit www.getrealrei.com for more information.
Financial Advisor, Scott Cramer, joined me to discuss how the individual real estate investor can diversify their portfolio into markets never imagined. If you think now is a great time to own real estate but you are afraid of getting out there and buying and flipping houses then you might want to consider REITs (Real Estate Investment Trusts) A REIT is basically a professionally managed group of assets that all fall within a specific charter, or more plainly, are similar properties/activities.
As you will find out from Scott, REITs encompass a wide range of property types and geographic areas. If you want to invest in other states or other countries even, REITs make it possible. As with any type of investing though it is important to understand your personal investing goals and risk tolerance.
If you would like to find out more make sure you visit Scott's site http://www.cramerandrauchegger.com
Remember: Andy Heller is still offering a silly cheap deal on his REO Fortunes course offered online, check it out
David Veeder joined me today to talk about how he built his real estate business. Now David isn't going to tell you how he built Billions in real estate. Instead David is a guy I have known for 3+ years. He started exactly where we all do with no real estate. In a fairly short period of time he has built up his business to the point that he makes his living by owning rental homes and loaning private money. This interview is a must for anyone that is trying to figure out how to go from employee to real estate entrepreneur.
How to figure out what type of investing is right for you
Going out and building a network of other investors
Searching out and working with a mentor to help you learn
Learning how to rehab rental properties correctly
Getting up after a tough deal
Using your money to create income in real estate without owning it
Remember if you have a story to tell make sure you go to the "Suggest an Interview" form and let us know.
Have an interest in foreclosures? You have to check out Andy Heller's Bank Owned Home training course.
I think this is a great episode, make sure you tune in and hear how Jim Simcoe stumbled into one of the hottest ways to invest in real estate today. Jim is rehabbing and consulting with other investors on how to plan and execute single and multi-family rehab projects by using sustainable and eco-friendly methods and materials.