How does one begin in real estate without actually purchasing a property?

0 votes
by (120 points)
Are there any suggestions as to what one might do in terms of beginning in real estate without the initial investment of buying a property?

1 Answer

+1 vote
by (1.7k points)
Real estate is one of those few concepts, which allows the opportunity of generating income without acquiring tangible assets, for instance, dealing sourcing. As a real estate deal sourcer, the individual is required to locate real estate transactions and relay them to investors at a fee. For that, learn about the real estate business, establish the necessary contacts, and look for poorly priced assets or willing owners. This practice is rewarding and can result in commissions, in any case, without any land ownership.
by (100 points)
Great advise. The buy to let option is not good as the tax benefits/ charges have changed.
by (110 points)
Does this work in Canada
by (100 points)
but how worthwhile is it if you borrow money to buy a house and then renovate it? Then you would have to sell it for far more than you bought it for and the renovations would also cost money, so in the end you wouldn't make any profit at all
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