<<< back to article list

10 Steps to Real Estate Investing Success

Blog by Tammy Sharp - Personal Real Estate Corporation | August 29th, 2015

10 Steps heading.JPG

1. Establish your “Why”

2. Goals e.g. Cash flow (buy and hold), chunks of cash (flipper/shark)

3. Time available:

     No time = Limited partnership

     Little time = Turnkey property

     Some time = You hire a property manager

     Lots of time = Self manage property

4.  Financial Self-Assessment: Get preauthorized for financing. Understand your cash and equity
     available, credit score, etc.

5.  Compile your “team” – Investment friendly Realtor, accountant, lawyer/notary, mortgage
     broker, etc.

6.  Surround yourself with like-minded people e.g. Real Estate Meetup Groups

7.  Get comfortable taking action: Write offers and tie up deals

8.  Choose geographic area(s) of interest

9.  Find someone to help get you started and walk you through the process

10. Begin to take action, get support, and don’t give up!