| Multiple
Strategies for Flipping Real Estate
Don't get caught in the "one size fits all" approach
to real estate investing. Use multiple real estate
investing strategies to profit in your real estate
market. One of the best ways to do this use several
creative real investing strategies like assignments,
subject to, foreclosures, and lease options in conjunction
with one another. Once you learn each of the individual
strategies, you can begin to apply them in conjunction
with one another to create more flexibility, larger
profits while limiting your risk. Below are few
examples of strategy combinations you can use in
any market. There are of course many others.
“Subject To” and Lease Options
You can gain control of a property using a subject
to arrangement, then lease option the property for
higher rents, more cash flow and a higher purchase
price.
“Subject To” and Flipping When
you find a motivated seller you can gain control
of the property using a subject to or other arrangement,
then flip or assign the property to another buyer
or real estate investor.
Foreclosures
and Wholesaling You can tie
up a property in foreclosure by getting it under
contract at a lower purchase price (and even negotiate
an additional discount with a short sale) then assign
that right to purchase the property to another buyer
or real estate investor for a fee.
Other Strategies You can use a
number of different strategies in conjunction with
one another. For example, you may find a property
that needs a lot of work, then rehab the property
and lease option it for a higher purchase price
and rents. The same principle can also apply to
single family homes by doing lease options instead
of traditional rentals. These are some additional
ways to increase profits, cash flow and long term
investment growth. If you are buying and holding
properties make sure you’re in a market that supports
it. You will not want to hold properties that are
losing value because of a market decline (unless
you’re getting enough monthly cash flow to justify
it). This is why faster, lower risk, more creative real estate
investing strategies like flipping
houses, wholesaling
houses, wholesaling
real estate are better to use for flat and down markets.
Matthew Soren is big on providing real estate training for wholesaling and flipping houses that is straight forward without charging an arm and a leg for it. You can visit his website at: http://creativerealestatehelp.com to receive more information on how to maximize profits safely for todays changing real estate trends.
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