How to Get Started With Real Estate Investing

Some people make money through business, while others prefer investing in stocks, options or even crypto. But if you want to invest your capital in something more tangible then you should invest it in real estate, and we’re here to help you.

ICDAR is a real estate community that began in 2011 as part of a project to help its members invest their capital in high-value properties all over Miami, and we are proud to say that our hard work has paid off. After years of work and study, ICDAR members now have millions of dollars in real estate assets. 

However, this site was not set up for our benefit. It was created for people like you. We want to help you learn all about the real estate Miami market and how you can make money off of it.

After years of great profits, we want to share what we have learned with you so that you can replicate our successful investments. 

What is ICDAR?

ICDAR began in 2011 as a real estate community. We are a team of real estate agents, investors, and analysts who have studied Miami’s real estate market for the past 9 years.

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Through hard work, dedication and smart investments, we have made a lot of money through the real estate market, and we want to share those experiences with you. 

Our site will teach you everything you need to know that a Miami real estate agency doesn’t want you to know. We will give you tips on when to buy a property, when to sell it and when to hold it.

We will also help you understand how the real estate market works, and how you can find the best deals in your area.

Our goal is to provide you with tricks, strategies, and information that will allow you to make winning and profitable real estate investments on a consistent basis.

So before you invest any of your capital into real estate assets, please go through the information listed on this site. We promise to give you the tools and knowledge that you need to become a successful (and wealthy) real estate investor. 

How Does the Real Estate Market Work?

If you want to make money through real estate then you will need to learn how it works. The real estate market is like any other type of market in the sense that it is driven by supply and demand.

If supplies exceed demand then property prices will fall. If, however, demand exceeds supply then property prices will rise. 

Now, here’s the secret that real estate agents don’t want you to know. You can predict the cost of homes by looking at the real estate supply and demand cycle. These cycles exist everywhere, and not just in the real estate industry. 

Supply and demand cycles exist in stocks, bonds, commodities and various other markets. What separates the real estate cycle from all others is that it is based around specific tangible assets, and these assets are influenced by all kinds of factors, most notably:  

  • Job availability
  • Income
  • Access to credit
  • Accessibility/Transporation
  • Weather patterns
  • Local and national interest rates
  • Inflation
  • Legal and political issues
  • Tax policies
  • Social preferences/perceptions
  • Investments

These are just some of the many local and general factors that affect supply and demand in the real estate market. ICDAR has spent the past 9 or so years studying how these factors influence the real estate cycle in Miami, and we’re going to share with you what we’ve learned. 

For Sale by Owner (FSBO)

Not all homeowners use the services of realtors. Some prefer to cut out the middle man/woman and sell their properties on their own

This type of properties are listed by homeowners, these homeowners are not usually aware of the market price. look at it as an advantage.

For those of us who want to make a lot of money in real estate, this is a great thing. Not only are most homeowners willing to lower their asking prices, but most FSBO deals can also actually be quite lucrative in the long run. 

ICDAR will show you how to find the best FSBO properties in your area and turn them into lucrative investments. We will also teach you how to negotiate with homeowners, and how you can convince them to give you the best prices for their properties. 

Fix and Flips 

The concept behind house flipping is simple enough. You buy a damaged house, you fix it and then you sell it. Sounds easy, right? Wrong.

House flipping requires time, money, organization and planning. You will also need to know the best price for selling these kinds of properties, so that you can get a nice profit. 

We will teach you how this process works, including how to set up a budget, how to create a timetable, how to find buyers and how to choose the right house to flip.

We will also teach you how to identify properties which are ideal candidates for flipping, and which ones are not. With our help, you’ll be able to flip houses in your area quickly and successfully.  

Wholesale Real Estate

Wholesale real estate is the process of selling properties very quickly without making any repairs. First, the wholesaler approaches several real estate sellers and convinces them to put their properties under contract, usually below the market value.

Wholesale is a property that is under contract with a “buyer” for a very low price and this “buyer” will try to look for a real buyer that acquires the property so both can get some benefits of the deal.

They then assign these contracts to the wholesaler, who then looks for investors who are willing to buy the properties. 

If this kind of investing appeals to you then we will teach you how this process works as well as the best way to find an investor who is willing to buy your contract for a hefty price.

So don’t be intimidated. Wholesale real estate may seem complicated, but the underlying concept is actually simple and more importantly, profitable. 

Foreclosures

One of the best ways to make money through real estate is to buy foreclosed properties. They’re cheap, they’re easy to find and most of them are still in relatively good condition. If you want to make money by buying and selling foreclosed properties then we can help you. 

These properties are usually owing to some debt to a private lender or bank, they listed the property for sale to recover the debt and get some profits.

We will teach you how to find the best foreclosed properties in your area and how much you should pay for them. We will also teach you how to speak with banks, creditors and even the owners themselves.

More importantly, we will also help you create a plan, a timetable as well as a selling strategy to help you sell foreclosed properties for the most amount of money. 

How to Calculate A Good Deal? 

How do you know if a particular property is a good investment? Simple. You calculate the cost, and we can teach you how to do that. Realtors use all kinds of formulas to find the value of their properties

As a real estate investor, you need to know how much should be a good price for a specific deal to close.

Some formulas can create estimates using only a home’s location, age and design. There are also formulas, which are designed specifically for home buyers, and some for sellers. You can even find real estate formulas that can tell you the cost of a property based on its zip code and the local real estate market.

So don’t leave your investment strategy to guesswork. Read our report on real estate formulas, and we’ll teach you how to evaluate properties using an effective real estate formula. 

How Do You Find A Great Real Estate Deal? 

If you want to find a great real estate deal then you will need to think outside the box. Time is critical and you will need to look at as many leads as you can, but you will also need to be smart about it. 

90% of an investor business is to find good deals.

For example, when the ICDAR team first started out, we knew that we had to try unconventional ideas. One of our members had the bright idea of consulting a Miami restoration company for tips and information.

The idea is that people who need home restoration services have ruined or damaged homes, and some of them would prefer to repair their properties for a lower cost rather than repair it.  

We tested this idea, and to our surprise, it worked. The local restoration company helped us find several good deals, and we used our new contact to make several lucrative investments.  

Another ICDAR member consulted a public adjuster miami. The theory at the time was that people who are filing insurance claims may be planning to move to a different home, and therefore, are willing to sell their properties for a lower cost. The plan worked, and we got a few great deals by working with the local insurance adjusters.  

Finally, we also established a large network of contacts. We won’t tell you it was easy but knowing a lot of people is necessary in the real estate market. You will need to establish clear lines of communication with all of your contacts, and you will need to keep all the chat lines open so that you can respond to new information at a moment’s notice. 

We used these and many other similar strategies throughout the course of our work, and now ICDAR members have numerous profitable investments in their portfolio. So don’t let the real estate market intimidate you. With our help and guidance, you will have all the necessary tools you need to start making money. 

We’re Here to Help You

So far, we’ve given you a glimpse of how we have become successful real estate investors, but we have more to offer, which is why we ask you to visit the rest of our site and look through our content. 

As real estate investors, we want to share our knowledge with you and anyone who wants to make money through the real estate market. We will try to provide you with a general idea of how real estate investing works, how to choose the right investments and how you can manage your portfolio effectively.