August 30, 2025 Trending New York News

Beginner’s Luck or Experienced Charm? Glimpse Into Kickstarting Real Estate Investing

Most real estate agents and investors have a college degree despite the lack of real estate as an area of focus. There is the option to major in marketing with a minor in real estate investment, but those opting for that route are few and far between. The reason being is that a degree is not specifically needed to be successful in real estate investing.

Why should entrepreneurs invest in the first place? The answer is: to have enough money to live on when they no longer can or wish to work. To put that money aside, however, it requires one to accumulate enough to offset inflation and taxes that would erode savings. And for that purpose, real estate is an excellent solution.

 The great thing about real estate is that even in a bad economy, it will usually fare better than stocks. Land, after all, is a finite resource. People need a place to live, work, shop, and play. Hence, real estate is definitely a matter of supply and demand.  

 What’s more, real estate will continue on an upward trajectory despite occasional slow-downs in the economy. In fact, it’s proven to be the best way to create wealth, and an investor need not be a genius or a millionaire to succeed. Here are some tips, then, for entrepreneurs on getting started and succeeding in real estate investing:     

 Quit waiting for the right time. 

Much like the stock market, in real estate we’re always skulking and waiting, ready to pounce on what we believe is the perfect time to jump into the market. I’m here to tell you — don’t keep waiting. You can spend the next few years waiting for the perfect time, but if you have the startup funds and are eyeing a particular set of properties at a good deal, it’s best not to wait.      

 Start out simple. Buy one or a few properties and go from there. The earlier you begin investing, the sooner your properties will begin to appreciate and, in turn, provide you with more capital to start your next venture. 

 Begin investing as soon as possible

It’s perfectly fine to begin investing in smaller, low-end properties — but that’s not how you build an empire. As soon as you have the hang of investing, don’t hesitate when it comes to acquiring larger properties. Larger assets tend to appreciate faster and can be more beneficial to your portfolio as opposed to smaller, cheaper properties.  

When considering if you should go big in real estate or return to the stock market, there are two more things to consider: 1) Properly investing in the stock market will cost you on average the same as investing in real estate, and 2) In real estate, even when the market crashes, you will still have a tangible asset to salvage. Of course, there are many other nuances when comparing the two, but to become a real estate mogul — you’ll have to stick to real estate. 

 Manage your cash flow

When starting with real estate investment, there are four ways you can look into and work on to eventually achieve financial freedom:

  • Real Estate Appreciation – This happens when a property’s value rises because of a change in the market. If you bought a property situated in a piece of land that’s becoming busier and more commercial, you might notice an increase in the property’s value. Selling your property investment at the right time and when demand is high can give you an excellent return. 
  • Cash Flow Income – This focuses on buying a property like an apartment and turning it into a rental property that you can manage. This can give you a stream of cash from tenant rent. Other properties that can provide you with this type of income include storage units, offices, retail buildings, and the like.
  • Real Estate-Related Income – This type of income is common for specialists in the industry, as brokers. They make money from commissions. If, later on, you find that you have a knack for real estate and decide you should pursue to become an agent or expert in the field, you can help other investors on their journey and earn from it. 
  • Ancillary Real Estate Investment Income – This type of income comes not directly from the property you purchased but rather from the different income-generating machines or avenues within the property, such as parking fees, vending machines, a laundromat within the apartment complex, etc.   

Don’t sell appreciating assets  

When we’re young, we tend to be quick to sell in hopes of making a return. This is the worst thing you can do in densely populated areas or up-and-coming cities. In these hot markets, the longer you wait to sell, the better. Across the country, in places like Seattle and Houston, many properties have doubled in value over the past three years.

 Many of these properties will continue to appreciate, so determining when to sell is more complicated than simply seeing a slight return. Keeping track of market forecasts will help to determine when it’s time to sell. This is also something that will be learned with experience.

 Focus on investing 

As an investor and entrepreneur, you should always be on the lookout for ways outside the obvious to improve your return. When using personal funds to invest, the best way to do it is through a self-directed IRA. A self-directed IRA is the same as the usual IRA, however, it allows alternative investments for your retirement savings. By investing through an IRA, you can avoid using your taxed income. Most banks have this option, so it’s best to speak with a financial advisor before diving in head first with this kind of investment — and remember to leave yourself with something for retirement.

 Bottom line

Save yourself some trouble and remember these rules along with the basics when you’re in the beginning stages of real estate investment. With so many details to consider, these simple rules can easily be overlooked. 

Banner
Related Posts

4 Proven Ways to Quell the Overwhelm & Successfully Navigate the College Admissions Journey

August 31, 2023

August 31, 2023

In today’s DIY world fueled by YouTube Videos, TikTok, and more, why hire a plumber when you can fix your...

Providing Entertainment Through Piano and Tasteful Comedy – Introducing Tiktoker Collin C-Storm

November 27, 2022

November 27, 2022

There is no denying that TikTok is one of the trendiest social media platforms right now. People across all age...

Experience Unparalleled Video Production & Timely Results: Unveiling M-1 Studios’ Collaborative Approach to Client Success

May 28, 2023

May 28, 2023

Exhausted by Mediocre Video Production and Missed Deadlines? Embrace M-1 Studios’ Groundbreaking Approach and Propel Your Brand Forward M-1 Studios...

SaaS Expert and Influencer Patrick Parker Shares the Habits That Helped Him Find Success

June 21, 2022

June 21, 2022

Early in his junior year of high school, Patrick suffered a knee injury that would wreak havoc on his active...

Justin Alphabet Shares His Experience of How Being a Perfectionist Can Sometimes Lead to Failure

July 22, 2022

July 22, 2022

Perfectionism is not necessarily a bad trait, but when it comes to running a business, you must prepare yourself to...

3 Tips by Jermany Coney to Navigate the Vast World of Social Media Marketing

June 20, 2022

June 20, 2022

Social media has become a massive platform for content creators and influencers in the last few years. While it was...

Jack Kellogg Giving His Parents the Life They Deserve

October 2, 2021

October 2, 2021

Jack Kellogg did not just become a millionaire overnight. He tirelessly worked for long hours and sacrificed his personal life...

From Travel Hacks and Must-Have Beauty Products to Body Positivity Advice- Mikaela Janalyn Shares All-Inclusive Content About Her Travel Lifestyle

July 2, 2022

July 2, 2022

There are content creators and influencers out there who are proving that traveling is for everybody. Whether it be hiking...

One Choice That Changed the Life of Accomplished Influencer Mo Shaikh

January 26, 2023

January 26, 2023

We are all the sum of our choices. If we rummage through biographies of the world’s leading personalities and converse...

Ricky Kidd Is Coming Out of the Shadows That Were Cast upon Him as “A Victor, Not a Victim”

July 1, 2022

July 1, 2022

In a perfect world, justice would be served to everyone on a gold platter. Sadly, that perfect world is far...

A Few Tips by Singer Allura for Succeeding in the Male-Dominated Music Industry

October 2, 2022

October 2, 2022

While progress is slowly but surely being made, we are still years away from being a well-balanced society. It will...

A Sneak Peek into Ryan Huffman’s Journey as a Creative Producer

February 20, 2023

February 20, 2023

Ryan Huffman has proven himself as one of the most versatile and inventive producers in entertainment. Across a decade of...

Simran Handa’s Journey From Quitting Her Dead-End Job To Building A Thriving Business

September 3, 2022

September 3, 2022

For any business to thrive, one must be ready to dive deep, with diligence, and develop a strategy or plan....

What is Vix, the index of fear that has returned to the markets

March 12, 2020

March 12, 2020

It is a sort of barometer on the volatility and nervousness of the financial markets, which had been put on...

Online Marketing to Survive the Covid-19: How Harley Cannard Leads Companies to Boost Their Brand on the Web

March 26, 2021

March 26, 2021

Although society is constantly changing, forcing companies to reinvent themselves to satisfy demands, events such as Covid-19 have represented a...

Comments
Leave a Reply

Your email address will not be published. Required fields are marked *