HOW TO INVEST IN SYNDICATIONS
Have you ever heard of syndications in Real Estate Investing? This is usually for accredited investors only, however, there are services out there that can get you started for as little as $10. Ninety percent of the worlds millionaires, got there through Real Estate Investing. Happy Nest works like a ‘crowd funded’ syndication. Many times these investments can be double digit returns. Join Happy Nest Here!
Real estate investing is one of the best ways to make money. The only problem is that many people think it’s only for men. That’s not true. In fact, there are plenty of women who have made great fortunes in real estate investing. Like my friend, mentor, and client, Monick Halm.
If you want to know how to start your own real estate investing business, then read on. There are several things you need to know before you get started. This article will help you get started.
First, you need to decide what kind of real estate investment you want to do. You can buy single family homes, multi-family buildings, land, and even commercial property. You can also buy houses and apartments as rentals. You also need to set up your LLC. Our best recommendation for funding is make sure you don’t have ‘real estate’, ‘investments’, or ‘capital’ in your LLC name. That’s a bit of a red flag for funders, and may hinder your ability to get funds for your real estate investments. However, if you don’t want to go to that much trouble, you can get started with just $10 on Happy Nest.
You can also buy property and sell it at a profit later. This is called flipping real estate.
If you are willing to work a little more long term, then you might want to consider flipping real estate. It can be done with a fairly fast turn around, but it takes some work and effort. If you don’t have a lot of time to invest, then this might not be for you.
If you are interested in flipping real estate, then you should get started by buying properties that are currently for sale that are distressed. These are called REO properties. You can buy them for very little money, and then turn around and sell them for a much bigger profit.
Once you find out what kind of real estate investing you want to do, you can start looking for deals. Most people don’t know what direction to go when it comes to real estate investing, because there are really so many paths you can take. And the fun part, which Monick has taught me, is that you get to be creative.
Many real estate investors go online and look for properties. They visit websites such as Zillow and Trulia. They look for properties that are listed for sale, and then they contact the owners. I find it helpful to start partnering with some real estate agents and let them know what you are looking to do, and what you can offer.
Some real estate investors will pay the owner cash for the property. Other times, they will offer the owner a loan that they will pay back over time. This way, the seller gets their money right away, and the investor gets a property that they can rent out. There are many different creative, even fun… ways to get funded. And to get started! Happy Nest is such a simple option.
When you’re ready to buy a property, you should check into local zoning laws. Some cities have rules about the number of units that can be built in a certain area. Make sure that you don’t violate these rules. Also, know your locations and markets. If you are worried about making the wrong moves, you can always contact Monick, she’s incredible! You can view her webinar to learn more here.
There are many different kinds of real estate investing, and Monick is all about getting creative, house hacking, and real estate investing syndications.