Starting Out
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated over 2 years ago,
Investing options starting out in real estate
Hi, this is Julio Ochoa. I'm an investor/developer in Northern California. I'd like to share my thoughts on what path you can take when you're starting out in real estate.
Real estate investment properties are investments - so you will require capital.
If you don't have the capital, you can raise it from other people.
If you have capital, you can invest in improving a property without having to do any of the actual work.
You will be compensated solely for putting up your capital into the deal.
Either way & for the most part, the property has to be purchased & improved to make a healthy return on your investment.
What type of property should you invest in? What strategy should you use?
I recommend going for a property you can greatly improve to provide much needed service/value to the market/community.
For example, a land property can be highly improved simply by building on it and providing housing for people who couldn't live there before.
I'd also recommend going for a multifamily property - meaning more than 1 unit - because the income the property produces is a lot higher, meaning it can financially withstand recessions. You are not solely relying on a property to sell for a certain value.
If you have any questions I'd be happy to answer or discuss!
Thanks for reading my post