Think long term strategy. Many people want to invest, but in reality only want to look at investment properties. They have no real clue as to what they should do. In fact they have no plan. Like any business you need a plan.

Real estate investing is a long term strategy. Yes you can make short term profits, and you should. You use those profits to fuel your longer term strategies. I can not tell you how many people have called me up and wanted to get started investing right away. I ask them to come and see me so we can go over their plan so I can figure out how to best help them. No they just want to start looking at cheap houses. I cannot help that person unless of course it was a n experienced investor.

Holding rental homes over the long term is a proven investment strategy that works. While you provide proper housing at fair rates the renters themselves are paying off your mortgage. You can avoid the hassle of day to day duties by using a property management company.

A real estate agents market knowledge and experience can make them a great partner in your investment career. Finding homes that are in the right price range and in good condition will really boost your real estate investments. In later years long term rentals will provide a good income stream.

Don’t have any funds to buy rentals then consider re-habbing a home. This is a well used investment approach. I actually became an agent to get the capital to do this type of investing. Finding and fixing properties to flip to a retail buyer is a solid money earner if you do your due diligence.

Flipping is just buying a house on one side and then flipping it over to a buyer on the other side. All that dough in the middle is your hard work. Repairing a run down home and selling it is one way to get more money to invest. If the numbers worked out you could always pull out some of the money with a refinance and turn it into a rental property.

Ok you don’t have the money to invest in a flip. What do you do. You wholesale a property to another investor or retail buyer. Find a great property and get it under contract. Then assign it to someone else for a little higher price.

This enables you to make a profit on a home without all the hassles of buying it yourself. It puts cash into your pocket so you can invest it in a flipper or rental. It helps increase your investment capital. You can always do the reverse when buying. Look for a great wholesale property from an investor.

The trick here is to do it on a consistent basis. These three techniques can make you very well off in the long run. By combining the three investment techniques you can develop money to invest, provide current income and invest for the long term stream of income.