The dog days of summer are nearing their end. Spanning from July 3rd to August 11th, the Dog Days of Summer are called such not simply because they leave us panting and breathless like our furry canine friends. The term actually comes from a special astronomical event, whereby both the sun and the star Sirius (often referred to as the Dog Star) rise at similar times.

Nonetheless, it’s still hot out, and you want something to keep your mind off the heat. Why not turn your attention to your investment portfolio and consider doubling down on real estate. Still not sure? Let’s dive in, while the sun is still scorching!

Ways to Invest in Real Estate

Of course, there are plenty of strategies for beginners who are curious about real estate investing. A big perk of real estate is that it provides more of a flexible investment strategy compared to other avenues.

Here’s a couple of ways you’ve probably seen:

• Owning Rental Properties. If you have a knack for renovating and a tolerance for tenant management, this might be your ideal approach to investing. Rental properties are a common investment strategy, producing regular income and requiring a considerable capital.
• House Flipping. Similar to owning a rental property, it’s best to be knowledgeable about repairs and renovation in this particular area. House flipping is arguably the adventurous route, requiring capital (like renting/buying properties) and the need to turn a profit. More expert knowledge is needed to navigate this strategy.  It looks like a lot of fun on tv, but doing it in real life is completely different.
• ACTIVE investing.  Both of the styles above are examples of active real estate investing.  This involves a lot of activity (aka work) on your part, to find the right team, find and analyze deals, get under contract, finance, purchase and then manage.  The profits can be significant if you know what you are doing.
• PASSIVE Investing.  This is where you partner up with an Active real estate investor, put your money into the deal, let them do the work – and then share in the profits.  It’s a way to get into the game without having to go through the time, effort, trouble and expense of learning everything involved.

Jacky

A LAUGH OR TWO FOR GOOD MEASURE

HELPFUL LIFE HACK #2

WHY INVEST IN REAL ESTATE?

Equity Growth

Beyond positive cash flow, equity is the element of real estate investment where you can actually realize the majority of gain in your investment. The rate of equity growth is determined by Uncontrolled Factors (that you need to research, understand and continue to be aware of) and Controlled Factors (that you have the ability to optimize).