Dan Welyk Realtor®  Since 1999

There Is No Substitute for Experience.

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For most, when you hear "invest" in today’s market - they are thinking you are crazy! This depends completely in what your goals are. If you are looking for a quick buck - crazy talk is about right - when speaking real estate investing, aside from very short stints - rarely do you see quick returns!

Speaking specifically for Real Estate Investing, first and foremost - you need to know what you want - and you want to do it conservatively and confidently.
 
Our current market has opened up doors for some incredible deals if done right.
 
Here are some tips:
 
Keep your investing confident - this means you stick to what you know or can get help with. If you have never fixed and flipped before - right now is probably not your time to learn. However, with the right expertise and help - it can work. Keep it simple!
 
Buy and Hold - our current market offers plenty of homes perfect for revenue opportunities. Plan for a 5 year or longer holding term, you can expect to see a solid Return on Investment (ROI). Perhaps you are not interested in ‘managing’ a rental? - for a small fee, you can hire a property management company to represent you.
 
Foreclosures - if you are handy, the fix and flip option on a foreclosure may be a perfect fit. I have seen a several bank owned properties sell for well below market values - all they need is a little TLC and the same home can be turned around and sold for a solid return.
 

Get professional advise and opinions - speak to your real estate representative who can provide you with statistical information supporting the kind of investment you are looking into. This of course is me!

Investing in Real Estate can be a very lucrative business - especially in our current market leading into the next 3 to 5 years - the longer the better. Do your homework - keep your investment simple, be conservative, ask questions and be confident.  Happy Investing!
 

Call or email me to discuss further!


 

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