“Flip the house”, “Flip the house”, “Ladder property”, and so on
In recent years, both you and me have been shown on television and shown that these people are reselling through the rotating houses, making them easier to make extraordinary profits than hell.
So, is this true? Um Of course, yes. There are countless people who are doing very well in the cottage. But Regarding the “reality” of Thailand Property turnover, the TV programs on the wheels are very misleading.
Have you changed real estate and started investing in real estate? I let you decide for yourself. However, in my opinion, for most people, especially in the market downturn today (all markets are not down in fact, some are very good), investment in real estate is not the best solution Program. Start investing in real estate.
First, let’s clarify two types of investments.
Repair and rollover: You buy Thailand Property, repair the home and sell it to the buyer. The person in the TV show.
Wholesaler: When you buy real estate (or buy it under a contract), find a wholesale buyer and cancel the contract. The less glorious guy but he has a lot of money on him the risk is much smaller.
For me, the Fix and Flip methods are not suitable for most newcomers even if this is the type of real estate investment you’ve seen on TV.
- You need a good understanding of the cost of rehabilitation
- You must have good money from a private lender or bank (preferably a private lender)
- If you can’t sell the property quickly, you need to be able to pay for the maintenance
- If you don’t calculate the cost in the right way, there may not be much room for error The margin of error means you are more at risk!
The market is slowing down so the number of retail buyers in middle-income households has decreased this is what most people are beginning to reverse.
A lot of people have changed their lives but most people started a few years ago and there are many twists and turns.
They already have inactive systems, they have marketing channels to get buyers, they have strong sources of loans, and so on. This does not mean that new Thailand Property investors can’t do all of the above you can!
However, there are better ways to start investing in real estate, which allows you to enter with little or no risk or money and be familiar with organizational and investment activities.
What is the best way (in my opinion) to invest in real estate to minimize risk and shorten your learning curve while making a lot of money? Ok, of course, above option #2: bulk wholesaler – or in other words wholesale Thailand Property, fast money change house, contract changes, etc.
When you sell a wholesale real estate, you will do what the baffle usually does unless you actually repair the property and sell it to a retail buyer. However, you do not have the risk or time required to get a solution and billing.
Basically, you as a wholesaler of real estate (or short wholesalers), looking for the job performance needed, and can buy and exchange on a low price for the therapist who does the job.
Your job is to find the property, analyze the numbers to determine the necessary repairs, create an offer that allows you and the repairer to sell for the benefit, and sell the contract to the re-educator who will perform the repair.
Many times, bangkok real estate investors earn between $2,000 and $20,000 in wholesale business. Therefore, the risk of starting a real estate is low or no risk you can get huge profits.
Another reason to start real estate wholesale is that you will learn how to become the basics of re-adaptering. After analyzing several proposals and discussing with the rehabilitators to find out what they are looking for you will know exactly what is bargaining, how to accurately estimate the cost of repairs, who uses the rehabilitated as an entrepreneur, and so on.