Uploaded on Oct 3, 2022
Jamie Goldstein Delray Beach is a famous and successful real estate investor in the United State. He dedicates most of his time to helping people on their path to becoming successful real estate investors. He enjoys working with each client individually to get to know their goals and plans for their business and applies these strategies toward achieving success in real estate.
Jamie Goldstein Delray Beach - How to Grow Your Real Estate Investment Business
JAMIE GOLDSTEIN DELRAY BEACH - HOW TO GROW YOUR REAL ESTATE INVESTMENT BUSINESS When it comes to building wealth, there is an overestimation of what it takes. Working hard day and night is merely one part of a larger and more complicated answer to creating a better investment portfolio. The others include investing and real estate. Here are some growth tips for a real estate investment business. PLAY THE LONG TERM GAME Being a long-term investor is not good advice; it is essential advice. Real estate is no different, and much of the value of your investment business comes from a portfolio that can be sustainable long term. Finding long-term investment properties is not easy, but there are resources to help scope out areas to consider. Focus on the Positive Growth Properties It might come as no shock to you that you want to focus your time and attention on positive cash flow properties, but it needs to be said regardless of how important this is for your real estate business. The growth properties that exhibit positive cash flow will allow you to cover the maintenance expenses. DIVERSIFY THE INVESTMENT PROPERTIES Short and long-term are two examples of diversifying your business’s real estate investments, but there are more. In particular, you want to invest in residential and commercial as much as you can. It can be good to focus on one or the other, which allows you to specialize, but it does not allow you to capitalize on all the opportunities available. CONSIDER SHORT TERM RENTAL On shINorVt-EteSrmTM inEveNsTtmSents, rental property is always an excellent portfolio staple, but there are now emerging ways to improve your real estate business portfolio. Vacation rentals are changing drastically, helping maximize the potential of real estate investment for an even shorter-term rental than apartments/houses. DO REPAIRS YMOaiUntRenSaEnLceF fees can be a real kick in the behind when trying to maximize the profitability of your investment properties, so you need to take things into your own hands. Doing the repairs yourself will help you cut down the costs associated with hiring maintenance workers and contractors. THANK YOU
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