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Many real estate agents use their market knowledge to become real estate investors, and as a real estate entrepreneur and investor, you can create a steady and dependable income stream for yourself. The experts at EXIT Realty Upper Midwest, a real estate franchise offering real estate agent investor training in Iowa, Minnesota, Wisconsin and the Dakotas, say that success in this area depends on choosing a clear investment strategy. 

They recommend that you add focus to your endeavor by answering the following questions:

  • real estateHow Many Properties Must You Purchase To Reach Your Income Goals? Does your strategy depend on purchasing one or two properties, or several? Get a clear sense of how big your investment needs to be to generate the results you desire.
  • How Much Money Will You Need To Make These Purchases? It's important to set clear guidelines regarding how much money you have to invest, since this will affect the makeup of your real estate portfolio. Are you planning on investing in inexpensive duplexes in affordable neighborhoods, or does your plan limit your holdings to pricy office real estate? A successful real estate entrepreneur has a clear understanding of budgetary constraints and makes decisions that accommodate them.
  • How Long Will It Take To Fully Build Your Real Estate Portfolio? Will it take five, 10, 15, or 20 years to fully build your real estate portfolio? Getting a clear sense of the timeline involved is an important part of any real estate investment strategy.
  • What Will The Value Of Your Portfolio Be When All Purchases Are Completed? It's important to estimate the earnings you can expect once your portfolio has been fully realized. What kind of net worth and income will your portfolio generate?

Serving Iowa, Minnesota, and South Dakota, EXIT Realty Upper Midwest is a franchise that offers real estate leadership opportunities and real estate agent investor training. This non-traditional company is the fastest-growing real estate franchise in Iowa and is looking for leaders who are interested in earning outstanding returns in real estate. Learn more by calling (612) 414-4022, or visit the company online.  

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