The government cannot give to anybody anything that the government does not first take from somebody else.
People make money in real estate in various ways depending on what their interests and skills are that can help add value to a real estate purchase. Many methods of making money in the property market have proven successful, although some are more appropriate at certain stages of the business cycle.
Important Things to Know Before Trying to Make Money in Real Estate
Several key things need to be understood about real estate investments before you enter into them for the first time. Such investments typically:
- Are done on a long term basis since the real estate market is rather illiquid compared to financial markets for stocks and bonds.
- Involve relatively high transaction costs to compensate real estate brokers for advertising the property and handling its sale.
- Require that you make property tax payments and service a mortgage regularly if you need one.
- Need maintenance and regular supervision if a structure is present on the property.
Basically, those who wish to make money in real estate need to make a considerable commitment of time and capital to invest in real estate profitably.
Ways to Make Money in Real Estate
The basic idea for those buying and selling real estate is usually to purchase a property that is undervalued and then sell it at a higher price, possibly after some improvements are done to the property. This strategy can also be used to purchase properties during times of low prices and then sell them later when prices have risen.
Some individuals also make money in real estate by buying properties and then renting them out to other people or to business. This strategy involves having a certain amount of property management skills to be successful since you or your agent will need to vet potential renters, receive their rent payments, and then clean up and fix things after they have vacated the property.
Still others who are good at fixing up properties, or who are willing to hire someone who is, can make money in real estate by purchasing a cheap “fixer” property that requires repair or upgrading. They can then make the most cost effective improvements that will give the property a good chance of being sold at a higher price.
a little about me and my expertise – video
Feel free to contact Walter regarding any of these stories, the current market, distressed commercial real estate opportunities and needs, your property or your Investment Needs for Comercial Investment Properties in Phoenix.
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Walter Unger CCIM, CCSS, CCLS
I am a successful Commercial Investment Real Estate Broker in Arizona now for 15 years and I worked with banks and their commercial REO properties for 3 years. I am also a commercial and Landspecialist in Phoenix and a Landspecialist in Arizona.
WHETHER YOU LEASE OR OWN
NOW IS THE TIME FOR YOU TO EXPAND, UPGRADE OR INVEST.
In my opinion we are at bottom of the cycle in Commercial Real Estate in Phoenix, so there is only one way and it’s called we are going up again and now is the time for you to expand, upgrade or invest in Commercial Properties in Phoenix. The prices on deals I may get you will not be around forever.
IF YOU OR ANYBODY YOU KNOW IS IN TROUBLE WITH YOUR BUSINESS, AS MANY AMERICANS ARE IN THE MOMENT, AND ARE ABOUT TO LOSE YOUR COMMERCIAL PROPERTY, PLEASE CONTACT ME. IF YOUR BANK IS BEHAVING BADLY I MAY BE ABLE TO HELP YOU GET OUT OF SOME OR MAYBE A LOT OF FUTURE HEADACHES.
WAITING TO SELL YOUR LAND ? TIMES CHANGE / IT’S TIME
We barely could give land away the last few years, but times are changing. Even in those meager years, I sold more land across the state than most other brokers. Before the real estate crash I was a land specialist in Arizona with millions of dollars of transactions, but then I had to change and also sell other commercial investment properties, which was fun, but I am a Commercial Landspecialist in Arizonal, a Commercial Land Specialist in Phoenix and love to sell land, one acre to thousands of acres.
Since I was a Land Specialist in Arizona and a Land Speciaost in Phoenix many of my clients, Sellers and Buyers remember me and now they are calling me again, so this is the time to get back into land and none of my clients, including future clients, will miss out on getting their best deal.
Also, if you are up-side down on your land, like many Americans, and the lender is giving you a hard time, now is the time to put your land on the market. Lenders are making deals now with short sales. I have been working with banks for many years – I learned how to work with them.
If you have any questions about the 1 to 3 above, about Commercial Investment Properties in Phoenix or Commercial Investment Properties in Arizona, I will gladly sit down with you and share my expertise and my professional opinion in Commercial Properties in Phoenix or Commercial Properties in Arizona with you.Obviously I am also in this to make money, but it could be a win-win situation for all of us.
Please reply by e-mail firstname.lastname@example.org or call me 520-975-5207 (cell) 602-778-5110 (office direct).
Walter Unger CCIM
Kasten Long Commercial
2821 E. Camelback Road, Suite 600
Phoenix, AZ 85016
Office : 602-445-4141
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