When you think of real estate entrepreneur, who do you think about? Perhaps Donald Trump? Trump is probably one of the more colorful of all real estate entrepreneurs and certainly likes the limelight. A lot of people like Donald Trump. A lot of people hate Donald Trump. But like it or not, Donald Trump is one of the most successful of all real estate entrepreneurs. He is also one of the wealthiest men in the United States and he owes his success to being a savvy real estate investor.
Other real estate entrepreneurs are not so well known, but they have also made their money in the same market. They realized that real estate, unlike other investments, is something that people actually need. It is a tangible asset that will always have some value. And you can make an investment in real estate in any kind of market. A successful real estate entrepreneur does not give up when the residential real estate market crashes. Instead, he or she looks for the opportunities that are the result of this crash.
And there are opportunities aplenty in today’s real estate market. This is the time to buy, buy, buy! Take advantage of the fact that in some neighborhoods, they are practically giving houses away and do something about it.
For example, you may find a blighted block in a city that has a bunch of boarded up foreclosed properties. You can pick these up for next to nothing as the bank doesn’t want them and the city is not too happy about them being there. In some cases, these houses represent nothing but trouble.
Think you need to be a millionaire to buy up a city block? Think again. You just need to be a savvy investor. As a matter of fact, you can do this with none of your own money if you are smart and understand the concept of procuring investors and joint ventures. Once you buy up the blighted area, you petition the city for a zoning change, raze the houses and presto chango, you have a viable real estate parcel prime for any developer. You can then sell it and make your money right away.
Anyone can learn to do this and make other real estate investments. If someone else can do it, so can you. But you will not make any money or succeed at anything unless you are wiling to try. The difference between successful people and those who are not successful is that successful people take action.
Are you willing to take action? Are you willing to take advantage of the opportunities that are out there today in the real estate market? Or are you going to stay in your comfort zone and wish that you had? The choice is yours.
Take a look at some of the ideas that are out there for real estate entrepreneurs. Learn a thing or two from those who have been there and have actually invested in real estate and grab for that brass ring. Anyone can be a real estate entrepreneur – even you!
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