How to get success in real estate business?

Hello Friends,

    Please suggest me, How to get success in real estate business?

Re: How to get success in real estate business?

Start with observing the property market. Start looking at the properties, usually when you set up viewing and visit properties, you get to meet other people as well who may have come for viewings , sometimes it helps in learning to see what they are looking for in the property. This may take some time. Then if you are going to buy through auctions , start visiting auctions. Once this basic research is done.

See where and what kind of property you will want to invest in. Arrangement of finance. Plan if it will be a rental property or you will resell. Whats unique about the property? will you be able to rent it out easily? etc

The success lies in your research.

Re: How to get success in real estate business?

Do you mean as a Realtor/real estate agent or as an investor? They are two completely different things. By profession I am a licensed Realtor but I also have 4 investment properties of my own, if you give a little more defial about what you’re wanting to do, I can give you some pointers :blush:

Re: How to get success in real estate business?

It also depends on where you live...investment strategies can be very location and market specific

Re: How to get success in real estate business?

Good but I want to know about investment. How many investment is required to start the business of real estate like Bahria town?

Re: How to get success in real estate business?

S&P/Case-Shiller Home Price Indices - S&P Dow Jones Indices

For us this link is useful resource to get feel for home prices.

From my EXTREMELY limited knowledge following r analogy with equity investment.

Excessive Inventory build up bad
High home price to annual rent in the area proxy for P to E.