There are many ways to invest in real estate. Often to get started, looking for cash flowing rental properties is a way to start while trying to minimize risk. Real estate tend to appreciate over time and by investing in cash flowing properties, you get paid along the way.
For an overview of real estate investing see:
Identify Markets
With so many markets to chose from, you’ll need some criteria to identify markets, especially when looking for cash flowing rental properties.
Find Good Deals
To find cash flowing rental properties, the main avenues are working with a real estate agent, online platforms, specialized websites. The two main aspects are: deal flow and deal analysis. The deal flow is the number of deals that you can come cross. The more deals you can look at the higher the likelihood that you” come across a good one. The deal analysis aspect consist in find ways to analyze deals as quickly and accurately as possible to find good deals.
Setup Your Team
Your core team to build a real estate portfolio of rental properties will often consist of: a real estate agent, a property manager, an insurance company.