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  #1 (permalink)  
Old 02-11-2008, 09:02 AM
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Default How to make profit with real estates?

I was reading Robert Kiyosaki's book, about how he became rich and stuff, and he wrote a lot about buying real estates and making money on them?

How did he do that? How can anyone make profit out of it?
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Old 02-27-2008, 01:35 PM
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Default Re: How to make profit with real estates?

There is a lot of BAD stuff written about real estate and a little bit of GOOD stuff ... start by finding and reading some of these good books (google "John T Reed" and see which books he recommends and which ones he pans).

The truth is that most people MAKE money through a business, then KEEP money by investing in real estate. If you can't (or won't) start a business (even on the side) then you can at least accelerate your LIFE SAVINGS PLAN by buying and holding income-producing real-estate.

Right now, it's very simple:

1. If you don't yet own your own home (but would like to) BUY one now and LOCK in the interest for 30 years.

Why?

Home prices are relatively cheap (if you think they will get cheaper then wait a little longer ... if you're not SURE they will get cheaper, buy now).

Money is cheap - morgage rates are probably 2% lower than they will be by 2009 or 2010.

You want to keep buying that cheap money for as long as possible ...

... but, only IF you are prepared to take the next step, which is to ...

Assess the increased equity (what your house is worth - what you still owe) in your house yearly and use that excess equity to buy another as soon as you can scrape up a reasonable deposit (20% if you are conservative).

Lock in the interest rates for 30 years; rent the property out; keep raising rents; reassess the value of all of your properties yearly.

3. Repeat 2. until Rich!

Now, this will take 10 to 30 years; to accelerate: start that business and use the excess cashflow to buy more investment properties rather than Porsches!

Simple ... and, you couldn't be starting at a better time in history!
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Old 03-01-2008, 07:43 AM
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Default Re: How to make profit with real estates?

Making money on real estate is not a get rich quick scheme. You have to have money to invest and buy and sell at the right time.
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Old 05-26-2008, 02:50 AM
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Default Re: How to make profit with real estates?

making money on real estate is not a big deal, you have to invest money and buy and sell at the right time.
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Old 05-26-2008, 03:05 PM
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Default Re: How to make profit with real estates?

The points of entry and exit are very important when buying real estate, as they are with any other investments. Right now in many parts of US and Canada carrying cost of real estate properties are twce or more the rent you can get for these properties, which means that you'll be losing a lot of money if you buy at current prices and rent it out.
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Old 04-09-2010, 09:12 AM
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Default Re: How to make profit with real estates?

Making investment in real estate is, no doubt, much more profitable than any other investment but it is also important to know that this investment must be with utmost care and investment in only those properties or lands would be beneficial which are expected to prosper in future.
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Old 05-21-2010, 02:55 PM
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Default Re: How to make profit with real estates?

How did he do it? He was smart and recognized housing and apartment bubbles before the burst and sold his holdings. Then kept repeating the cycle.

How can anyone do it? Not everyone can. It takes due dilligence, a savvy real estate "expert", and quite a bit of capital to really make as much as he did off of real estate alone.

If you're willing to put in the work (go to seminars, take real estate classes, do your research, take on equity partners, etc) and do everything possible to become successful in real estate investing...you could certainly do it. It's just not as easy as Kiyosaki makes it seem. There's a lot of risk and debt leveraging involved.
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Old 06-11-2010, 01:03 PM
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Default Re: How to make profit with real estates?

HI all i am interested on buying property in Latin America i found several properties on this site called chase-nobank but i dont know if it is save to invest thier can you please give me your opinion were it is better to invest.
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Old 06-18-2010, 08:38 AM
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Default Re: How to make profit with real estates?

You should read some books on this, Go to a book store like Barnes N Noble and see what you can find in the real estate section. There are ways of doing this but it is some what of a gamble on your own finances, That does not mean that it can’t be done though.
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Old 07-10-2010, 02:06 AM
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Default Re: How to make profit with real estates?

Laeeque Ahmad approached our brokerage with some felicitous deal. We asked him that he do no involve our firm in shady deals like these. Our guess is, stay away from him while buying or selling. His sales pitch may seem too good to be true and it definitely is.
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Old 08-27-2010, 09:28 AM
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Default Re: How to make profit with real estates?

There are 8 ways to make profit:

1.Multi-Family Dwelling
2.
Home Business
3.Storage
4.Parking
5.Vacation Rental
6.Collateral
7.Long-Term Investing
8.Tax Shelter

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Old 10-21-2010, 05:04 AM
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Default Re: How to make profit with real estates?

Many people are not buying homes this situation because the economy is very bad and many people are losing their jobs or having their homes . But in my opinion it is a perfect time to investment in Dubai real estate There is a large inventory of homes and very few buyers so you can get a great buy on a home.

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Old 11-05-2010, 10:39 PM
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Default Re: How to make profit with real estates?

auctions of seized property are available for people with cash in hand. If you dont need a loan, maybe you can find a good one
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Old 12-16-2010, 08:18 AM
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Default Re: How to make profit with real estates?

It’s very risky to take any decision in this regards as it is the matter of money. You need to know is what condition your real estate investment market is in, and what to do.

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Old 04-28-2011, 02:35 AM
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Default Re: How to make profit with real estates?

As far as current economy concerns then one can easily make very good money and it can be done by making very positive investments that will later give very good returns.

I mean there are several ways of doing it and it is like focusing on doing it correctly.
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