Types Of Real Estate Investor Websites – What Should You Choose?
One of the basic questions you have to answer when you get a real estate investing website is “How do I get my website configured to get the best results?”
There are many business models in real estate investing – buying houses, buying notes, short sales, fixing and flipping, wholesaling. And a lot more. Or your business can be a combination of different business models.
Your website must be easily adaptable to suit your business needs to achieve maximum profitability. Here are a few popular business models in real estate investing:
Real estate investing business models
1) Buying Houses
This is the most popular business model. Most real estate investors buy houses. The basis of most real estate investing businesses is buying houses.
Buying houses can include buying them in retail, cash or terms.
2) Selling Houses
Almost everyone who buys houses also sells them. Just like buying houses, you could be selling them on retail or terms, such as lease options.
Most people call wholesaling “flipping houses”. In this case, you locate houses in distress that need repair. And you get a big discount when you buy these houses. You then sell it to another property investor who fixes it up and sells it or rents it.
You end up making a little money from just a little effort. You can flip houses without ever having to own them.
In real estate investing, wholesaling is the fastest way to generate a healthy cash flow while spending little to no money. A few hundred dollars is sometimes all you need to make a deal happen.
Another popular business model is to buy houses, fix them, then put tenants for positive cash flow.
5) Buying notes
Other investors specialize on buying and selling notes. Essentially by owning a note, you become the lender and do not have to own the property.
6) Commercial real estate
This covers a wide variety of approaches, such as apartments, shopping centers, land and so on.
Some real estate investors combine both commercial and residential estate. Residential real estate involves residential houses, whereas commercial property does not include residential single family houses.
7) Other business models
When you are investing in real estate, you sometimes find yourself having to be involved in other aspects of the business that are not really separate business models.
i) Private money
When investing in real estate, sometimes you need to look for private money investors to finance your deals.
For this reason you have to actively look for private money investors to finance these deals. New Atlanta Homes
ii) Short sales
As part of real estate investing, you sometimes find yourself negotiating with lenders to accept less than what is owed on the property. This process is called short sale and forms a part of most property investors businesses.
iii) Loan modification
Loan modification has become popular in the recent years. Lots of investors are also licensed agents and mortgage brokers.
So what types of websites for real estate investing are there on the market?
First of all, when shopping for a real estate investor website, it is important to choose a website that is flexible enough to be adapted to suit your individual needs. Changes like that should not cost you any money.
In other words, the website you choose must be able to accommodate your changing business needs and models. So you will not have to buy another website if your business model changes in future.