For more information about investment properties dallas you may visit http://www.localdwelling.com/

1. www.localdwelling.com

2. Types of Investment Property
Since real estate
investing encompasses
so many types of
investment properties,
it’s essential to classify
them and pick the one
which they are most
passionate about. This
would greatly enhance
the probability of being
successful in real estate
investing.
The following are the
main types of real estate investment properties that are suitable for
beginner investors:
Preconstruction Investment Property: These types of investment properties
are acquired directly from a developer before the construction or renovation
is completed. In return for commitment to buy even before the construction
is completed the developer will give you a price discount and/or other
financial incentives.
Fixer Upper Investment Property: These types of investment properties are
the ones which are in ugly condition and need renovation. These properties
are acquired by real estate investors to flip them after fixing-up. In majority
of the cases these properties are in foreclosure, or are bank owned
properties (called REO which stands for Real Estate Owned). Some
beginner investors also wholesale distressed properties to other investors
without fixing them up. Real Estate Investors who wholesale make a
smaller profit but are able to exit the deal fast and with low risk.
Foreclosure Investment Property: These types of investment properties are
the ones which you buy from sellers who are behind in their payments and
may lose their property to the bank via foreclosure.
Income or Cash flow Investment Property: These types of investment
properties are the ones which generate rental income for the real estate

3. investor. These are mainly apartment’s buildings and rental houses. This
type of investment property is sometimes also called Income property,
Rental Investment property or Cash Flow Property.
Investment Property with Flexible Terms: These types of investment
properties are the ones which can be bought with no money down or with
very little money down. Seller of such properties is very flexible with their
contract terms and is willing to make the sale easy for the buyer. Land
Contract (also called Contract for Deed), Owner Financing, Lease Option
(also called Rent to Own, Lease Purchase, Lease to Own, Lease to Buy
etc.) and other similar strategies fall under this category.
Most other types of real estate investment property deals are not suited for
beginner investors. They are too risky or too complicated for beginners. My
recommendation is to choose the type of deals beginners want to do and
become very good at it. Master all the steps from finding the deal to exiting
it, and become the best. If starters can follow this simple principle I
definitely see them more likely to be successful in real estate investing.
For more information about investment properties dallas you may visit
http://www.localdwelling.com/