How do you know if you're ready to invest in real estate?

How do you know if you're ready to invest in real estate?

How do you know when you're ready to invest in real estate?

Well,  I think the first thing is if you don't already own your own home I really think that's the first step because then you can do some house hacking which we're going to address in another video but if you already own a home and you're not able to move and you want to start investing in real estate in most cases you're going to need about 20 down on the house you want to buy plus you're going to need at least three to six months worth of reserves to cover all of your current debt payments so if you're currently able to do those things then I think it's time to have a very serious conversation about investing in real estate.

 Let us know when you need more tips on investing in Real Estate!


Here are more videos like this!

5 Homebuyer Tips
Here are five tips for navigating the home buying process.
3 Financing Tips
If you are planning on buying a home using a home loan then these three tips will help you get prepared for the financing process.
Credit Score Ranges & Factors
A credit score is a number between 300–850 that depicts a consumer's creditworthiness.
Required Mortgage Documents
Every lender requires documents as part of the process of approving a mortgage loan. Here are documents you’re generally required to provide...
How to Improve Your Credit
Credit scores play a big role in determining whether you’ll qualify for a loan and what your loan terms will be.
The Home Inspection Process
After your offer gets accepted, you’ll have an inspection period. This is your opportunity to have a licensed inspector canvas the home looking for common issues prior to moving forward with the home purchase.
The Appraisal Process
Once you are under contract, your lender will send out an appraiser to verify the purchase price is in line with the property’s value. Here are the two most important things to know about the appraisal process.
Homeowners Insurance
A homeowners insurance policy will protect you against certain losses and damage to your new home and is generally required by lenders prior to closing.
How To Buy in a Tight Market
Here are five things tips that can increase your chances of getting your dream house in a competitive housing market.
Thinking About Remodeling? Here’s some tips.
If you’ve made the decision to remodel your home before selling it, you should do some research to find the right contracting company.
Digital Photography
When selling your home, it’s important to upload high-quality images that really show it off to potential buyers.
How to Recognize a Qualified Buyer
When you’re selling your home, it’s exciting to get an offer! But unless your potential buyer has the resources to qualify for a mortgage, you might not really have a sale.
Questions to Ask Yourself When Considering Selling
If you’re thinking about selling your home and moving to a new location but you aren’t entirely sure about the idea, here are some helpful questions to ask when making up your mind.
Tips to Make the Sale Process Faster
If you’re thinking about listing your home on the market, here are some tips to make the sale process faster and easier long term.
Home Showing Checklist
If you’re selling your home and are getting ready for a home showing, here are some tips that will increase your chances of success.
How To Add Curb Appeal
Want to add some curb appeal to your home before listing it on the market? Here are some tips that will help!
How To Attract More Buyers
Attracting buyers to your home on the market is an important task in order to have it sell quickly. Here are some tips on how to convince buyers to make an offer on your home!
What to Know About the Appraisal Process
After accepting a contract for the sale of your home, the buyer’s lender will send an appraiser to make sure the purchase price is in line with the property’s value.
Is the Buyer Pre-Approved, or Not?
When selling a home, it’s important to understand the different types of loan approvals that you will come across.
Self managing your rental properties vs hiring a property manager pros and cons
Self-managing your rental properties vs hiring a property manager pros and cons. Hi, I'm Merrill Jencks. I am a real estate investor and I want to help you understand the basics of investing in rental properties. This video will cover the pros and cons of self-managing your own properties vs hiring a property manager so that you can make an informed decision when it comes time for you to invest in your first rental property. If you want to know more about rental properties in the Phoenix Metro area sen
What is a Real Estate Wholesaler?
What is a Real Estate Wholesaler and what do they do? The Phoenix housing market is one of the hottest markets in the country. It's also a very competitive market with lots of investors competing for great deals. That means that if you're just getting started, then it might be difficult to find your first deal. That's where real estate wholesalers come in! Watch this video to learn more about what they are and how they can help you take your investing skills up a notch. Facebook:
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Post a Comment