Real estate investing for beginners

null

Real Estate Investing

Investing in real estate has long been a way for individuals and families to earn supplemental income and enhance their net worth. And, of course, there's great financial potential: if you make the right decisions, you'll reap the financial rewards. Use this guide to get educated, licensed, and set up with houses and real estate resources all from the comfort of your own home.

Real estate investing for beginners

For those new to real estate investing, there are excellent resources online that provide an overview of trends and topics in the industry.

Dulcinea's Insight

  • Successful investing is as much about avoiding the wrong moves as it is about making the right ones. This article from Money Central, on MSN.com, has tips for avoiding the 10 biggest mistakes in real estate investing.

Dulcinea's Picks

Back to Top

Buying or selling property online

The Web hosts resources for both the buyer and seller. If you're looking to move a property, consider listing it on one of the sites below to increase its visibility. If you're a prospective buyer, use the Web to access the breadth of the market and review thousands of listings in your search for the perfect property.

Dulcinea's Insight

  • RealEstateJournal.com, published by the Wall Street Journal, discusses the important things to avoid when selling a property. This comprehensive article is worth a read before you begin.
  • For more extensive information about selling a property, visit the findingDulcinea Home Selling Guide.

Dulcinea's Picks

For property listings ...
For foreclosures...
Back to Top

Finding a real estate agent

If the idea of going it alone doesn't appeal to you, consider enlisting the services of a real estate agent. Through the Web you can find them virtually or locally, working independently, or for some of the industry's largest real estate organizations.

Dulcinea's Insight

  • Before you use a full-service broker to put up your house for sale, visit SmartMoney.com for a list of the positives and negatives to this approach.

Dulcinea's Picks

To find a real estate agent ...
To find an agent with a specific real estate organization ...
Back to Top

Property values and home inspection

Whether you're buying or selling a property, tools that can calculate estimated market value can greatly aid your decision making. Luckily the Web abounds with just such tools. The resources below are a great starting point for your calculations. If you're looking for a slightly more concrete figure, you'll also find sites for locating certified home inspectors.

Dulcinea's Insight

  • Compare the list price of properties you're considering with the estimated values generated on these Web sites, and investigate any large discrepancies between the two figures. You can also use these tools to learn the prices that similar houses in the same area have sold for.
  • If one database from the list below doesn't feature the home you're looking for, try researching it on another. If none of these resources lists the value of your home, consider contacting a real estate agent to help you determine the property's worth.
  • A recently popular site for home valuations is Zillow.com. For information on Zillow's "Zestimate" valuations, check out this article from CNNMoney.com, which overviews the services.

Dulcinea's Picks

For value calculators ...
For help finding a home inspector ...
Back to Top

Increasing property value

If you've ever seen a home improvement show on television, you know that there are simple steps one can take to increase the value of a property prior to a sale. Experts agree that the right investments, however small, can have big payoffs. Yet they also warn against sinking money into the wrong projects, particularly those unlikely to result in a larger price tag. Use the sites in this section to learn all of the tricks for getting the most out of your property.

Dulcinea's Insight

  • Cleanliness and an uncluttered space are essential when you're showing a property. Acknowledging this, Julie Parrish Realty discusses exterior and interior home-cleaning tips that will help increase your home's appeal to prospective buyers.
  • For another article with tips on home improvement, check out this one on MSN Real Estate. For more pithy advice, follow the links embedded in the body of the document.

Dulcinea's Picks

For property value advice ...
Back to Top

Real estate news

One of the keys to successful investing is having access to quality, timely information. By keeping abreast of industry developments and emerging trends, you put yourself in a position to act on properties with confidence, at opportune moments. The publications found in this section are useful companions to any real estate investor.

Dulcinea's Insight

  • Many of the sites recommended here are blogs and forums. These sites are of value only because of user contributions to them, so if you have a question or worthwhile piece of advice, post it for the benefit of all. And be sure to go back to the sites you found helpful and add your own advice and war stories.
  • For a smattering of real estate stories from news outlets across the country, explore Topix.net. Topix keeps a running list of the latest stories, and allows you to enter key terms to filter your search.

Dulcinea's Picks

For journals and newspapers ...
For blogs and forums ...
Back to Top

Most Recent Guides