REI WEALTH MONTHLY Issue 36 (The Best of REI Wealth Monthly) | Page 26

Portfolio of rentals
READY , SET , GO ­ START INVESTING IN REAL ESTATE JIM INGERSOLL

Ready , Set , Go - Start Investing In Real Estate

By Jim Ingersoll

W hy is it so hard to start investing in real estate ? Maybe it is the flood of information coming from so­called guru ' s who make it sound so much harder then it really is . They tell you to jump into buying short sales , foreclosures , lease options , forward flips , back flips and so on . Real estate investing can be simple . Before starting you need to determine if you are able to invest for long­term wealth and cash flow , or do you need to create income streams right away .

If you can invest for the long­term then you can buy and hold real estate assets and build a portfolio of rentals . If you need to generate cash right away you can start with flipping houses .

Portfolio of rentals

The good news is that we have a fantastic market to buy and hold real estate assets . Rental demand is the highest it has been in several years and although prices are inching upward , there are still great deals for diligent investors who know how to buy houses at discounts . The key is to focus your investment criteria , buy real estate without banks and attract great tenants .