| Having made the bold and glorious decision to | | | | real estate asset will grow in value over the long |
| sack the boss and go it alone you are one of the | | | | term and if ever you wish to release the profits |
| few who have what it takes to succeed. You | | | | from your investment you can sell on the |
| have an entrepreneurial spirit and a strong will and | | | | property and take the gains you have accrued. |
| these are rare and valuable attributes that will | | | | Investing in real estate for profit |
| guide you throughout your professional and | | | | The alternative to building up a property portfolio |
| personal life. | | | | for income generation purposes is purchasing |
| Now that your business is up and running and | | | | property and selling it on relatively quickly to |
| you're profiting from your efforts, it's time to | | | | realize the gains the asset has accrued. |
| turn your attentions to investing the profits from | | | | You can do this in a number of ways firstly you |
| your home based business wisely and for | | | | can purchase run down property in need of |
| maximum gain. | | | | renovation, tidy up the property and turn it into a |
| One of the most consistently returning asset | | | | home before selling it on at a higher price and |
| classes over the long term and the one that the | | | | reaping the profits gained. |
| majority of us can profit from is real estate. | | | | Alternatively you could seek to beat the curve by |
| Understanding market cycles | | | | buying into up and coming areas, waiting for prices |
| Now, you're most likely aware that property | | | | to boom and then selling on for profit. This is quite |
| markets are cyclical this is because there is a | | | | a risky strategy for a first time investor as timing |
| direct correlation between the underlying price of | | | | the market is hard! |
| real estate in relation to individual buying power. | | | | An alternative to this is looking overseas for the |
| Simply explained: when property prices rise above | | | | latest emerging property markets worldwide and |
| what first time buyers can afford to pay the | | | | buying properties to renovate or properties off |
| market slows down, stagnates and sometimes | | | | plan and then flipping them on for maximum gains |
| readjusts but as soon as purchasing power | | | | in the short term. |
| increases again, either with a drop in interest rates | | | | Financing your investment |
| or an increase in GDP, so property prices begin | | | | As a self-employed individual it can be tricky to |
| rising again. | | | | get a mortgage unless you have audited |
| And there are even ways to make money from | | | | accounts, bank references etc., etc. If you don't |
| real estate during a market downturn! | | | | have all of these requisite documents there are |
| Investing in real estate for income | | | | other options available to you. |
| Depending on the nature of your home based | | | | The main options are re-mortgaging your primary |
| business your monthly income may be slightly | | | | residence and releasing the equity that you have |
| erratic some months being better than others! If | | | | accrued already for reinvestment in another |
| you invest in property assets in a buy-to-let or | | | | property project or taking out a self-certification |
| even jet-to-let capacity you can secure yourself a | | | | mortgage where you make a large down |
| consistent monthly income which may afford you | | | | payment and basically tell the lender how much |
| an added degree of financial security. | | | | you can afford to borrow! |
| Buy-to-let is when you purchase property for | | | | A winning attitude |
| rental purposes this make be an apartment you | | | | You've already proved you have what it takes to |
| corporate let, it could be a house you student let | | | | succeed against the odds by establishing a |
| or even a family home you rent out long term. | | | | profitable home based business, now apply the |
| Jet-to-let is similar but it involves purchasing | | | | same steely determination to your real estate |
| overseas property for short term weekly or | | | | investments and you will succeed in making the |
| fortnightly rental to tourists. This type of letting is | | | | maximum gains. Start small, begin gently, test the |
| usually very lucrative indeed during peak holiday | | | | market and your understanding of it and slowly |
| periods but may mean you have a property that | | | | build up a profitable real estate portfolio from the |
| is empty for a few months out of season. | | | | profits of your home based business for |
| Both types of property investment return you a | | | | maximum financial gain. |
| regular income and at the same time the physical | | | | Good luck in achieving your goals. |