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Investing in Real Estate

Oct 2, 2024 | Uncategorized

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How To Get Started Investing In Real Estate

From building a nest egg for retirement to generating more income on a daily basis, there are many reasons people look toward Austin real estate for a secure investment. If you’re looking to put your money into the property market, you have several options. Below we’ve outline three types of property investing depending on your time and desire to be actively involved.

Purchasing Rental Properties If you don’t have time to play the Austin real estate game and want to make sure you’re making a solid investment with a long-term payoff, then purchasing rental
properties might be your ticket. Look for homes that need little work. Check the comparable rentals in the area to make sure you can charge more than what your mortgage payments will be. You’ll need a cushion for maintenance and major repairs.
Flipping Homes If you’re the type who likes to be immersed in a project and get your hands dirty, then flipping homes might be the type of investment you should make. Make sure you possess the knowledge, skills and connections to purchase materials and do the renovations cheaply — or with your own two hands. Look for downtrodden homes in nice areas; once you increase the home’s value through renovations, then you’ll be able to sell it for a pretty penny.
Wholesaling Austin Real Estate This option is desirable for investors who have little resources starting out, but have time to watch the market and like to strike a fast deal. Wholesaling is when you put a property under contract and then reassign or resell it to another investor. If your time runs out on the contract, then you have a written-in contingency that allows you to walk away. It’s important as a wholesaler to develop an extensive network of investors.

Whether you just want to sit back and watch a nest egg grow or make a quick buck, purchasing property can be a solid and rewarding investment.

If you are considering selling your home, be sure to contact us at (512) 549-2332 or email us at info@simplified-rei.com so we can provide you with a Fair Cash Offer on your Austin house.

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  • By submitting this form and signing up for texts, you consent to receive email marketing and text messages from Sell Your House Simply at the number provided, including messages sent by autodialer. Consent is not a condition of purchase. Msg & data rates may apply. Unsubscribe at any time by replying STOP or clicking the unsubscribe link (where available)
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Recent Testimonial

  • Mark S.

    Working with William was super easy - They bought our house quickly and we got to set our closing date, with no fees!

  • Jack & Pam

    Working with William couldn't have been easier. They made a tough decision easy and I'm glad we found them!

  • Sarah C.

    “… I didn’t know what to do.” When I got a notice of foreclosure, I didn’t know what to do. William explained the process of foreclosure and how they could help and I was surprised to learn what my options were. They worked with me, and my bank, and were ultimately were able to avoid my foreclosure.

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