Rudra Group

 There are 3 main steps to do this:     Determine your objective and time horizon     Determine your targeted property type     Determine your target area Step 1: Determine Your Objective and Time Horizon The first consideration is your objective and time horizon, both of which go hand-in-hand. Are you looking to turn a quick profit by holding the property for 1 year and then flipping it? Or is your objective to build long-term equity by holding and renting out the property? Really, the only thing to consider here is your access to capital, which includes cash on-hand as well as access to non-bank loans. Unless you have access to a lot of capital, or you are operating in a white-hot real estate market , you'll probably find it difficult to execute a short-term flip strategy because you must factor in holding and selling costs. Step 2: Determine Your Targeted Property Type Next, you must choose your preferred property type. You can be a real estate investor in a variety of ways, bu