Bonnie Hart | How to Start Career in Real Estate

1. Start Your Career in Real-Estate

2. Don’t wait for the right time Much like the stock market, in real estate we’re always skulking and waiting, ready to pounce on what we believe is the perfect time to jump into the market. 

3. Start out simple. Buy one or a few properties and go from there. The earlier you begin investing, the sooner your properties will begin to appreciate and, in turn, provide you with more capital to start your next venture.

4. Start bigger, sooner It’s perfectly fine to begin investing in smaller, low-end properties -- but that’s not how you build an empire. As soon as you have the hang of investing, don’t hesitate when it comes to acquiring larger properties. Larger assets tend to appreciate faster and can be more beneficial to your portfolio as opposed to smaller, cheaper properties.

5. Invest using a self-directed individual retirement account (IRA) As an investor and entrepreneur, you should always be on the lookout for ways outside the obvious to improve your return. When using personal funds to invest, the best way to do it is through a self-directed IRA. By investing through an IRA, you can avoid using your taxed income. Most banks have this option, so it’s best to speak with a financial advisor before diving in head first with this kind of investment -- and remember to leave yourself with something for retirement.

6. Save yourself some trouble and remember these rules along with the basics when you’re in the beginning stages of real estate investment. With so many details to consider, these simple rules can easily be overlooked. 

7. Thank You!