The best real estate investing advice that you will ever get is to do your shopping while the market is at a low point. If you have the money to put into investing in properties and holding on to them for a while the money that you stand to make is limitless. Real estate investing is like a game. You have to know when the market is low and get your homes then. The next step of the game is holding on to the properties until you are sure that the market is at its high point. Selling the properties during this cycle will greatly add on to what was your initial investment.
The second best real estate investing advice is not to think it is too complicated and walk away. The truth of the matter is anyone any age can profit from real estate investing. Flipping a house is a great way for a person that doesn’t have the means to outright buy the property to make some money off of the sale. When you flip a house you are simply putting it in contract at the lowest price that you can get it. Once in contract you can then turn around and try to sell it at a better price.
If you are looking for some advice and some more inside tips for real estate investing, why not find someone that knows the business and ask them to let you shadow them. It may be in your best interest to approach an agent that is outside of your area. The agent will be more likely to help you if they do not have to worry about you being their direct competition. When you find a person that is willing to take you under their wing, listen to everything that they have to say. Their life experience will help you more than anything that you could read in a book.