The following are the main types of real estate investment properties that are suitable for beginning investors:
Pre Investment: These types of investment properties are purchased directly from a developer before construction or renovation is complete. In return for a commitment to buy, even before construction is complete the developer will give a discount and/or other financial incentives.
Fixer Upper Investment Property: These types of investment properties are those in ugly condition and need renovation. These properties are acquired by real estate investors to cover after the establishment of complementary measures. In most cases, these properties are in foreclosure or bank-owned properties (called REO means real estate). Some investors also beginner distressed properties in bulk to other investors without fixing them. Wholesale Real Estate Investors to make a smaller profit, but are able to exit fast operation and low risk.
Investment Foreclosure Property: These types of investment properties are the ones who buy from sellers who are behind in their payments and lose their property to the bank through a mortgage.
Cash flow from investment income or property: These types of investment properties are those that generate rental income for real estate investors. These are mainly apartment buildings and rental houses. This type of investment property is also sometimes called the rental property, rental property, or investment property cash flow.
Property investments with flexible terms: These types of investment property are to be bought with no money or very little money. The seller of these properties is very flexible with contract terms and is willing to make the sale easier for the buyer. Land Contract (also called contract writing), owner financing, lease option (also called Rent to Own, lease purchase, lease property, lease sales, etc), and similar strategies are included in this category.
Most other types of investment property real estate concerns are not suitable for novice investors. They are too risky or too complicated for beginners. My recommendation is to choose the type of offers beginners to want to do and become very good at it. Master all the steps of the operation to search out of it, and become the best. If the starters follow this simple principle will definitely see them more likely to succeed in real estate investment.