Successful realty investors think ‘long-term’

Future-Proof: Navigate Threats, Seize Opportunities at ICNY 2018 | Jan 22-26 at the Marriott Marquis, Times Square, New York

There are many methods to become very wealthy, or just modestly wealthy, with your real estate investments. Although I have personally done "pretty good" investing in real estate, many of my friends, college real estate students and subscribers have done much better. I'm extremely happy for them! This four-part series will explore the question: Why do I want to invest in real estate? (See Part 1: First-timers find a place to call home; Part 2: Single-family homes best spot to sink money and Part 3: Fast real estate profits require elbow grease.) 4 – I want to invest in real estate to earn cash-flow income. Unless you buy income property with at least 20 percent cash down payment, it is very difficult to earn much cash flow from rentals until you have held the property long enough to benefit from rising rents. The one exception is low-income, management-intense apartments purchased at 4 to 5 times annual gross rents. But then you will be buying yourself a job managing your low-inc...