Five Types of Real Estate Investors - Type 1 - The First-Time Investor

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Real Estate Agent with Keller Williams Realty Tampa Central Florida License#SL3096303

Five Types of Real Estate Investors - The First-Time Investor

Did you know that there are five types of real estate investors?  When talking about residential real estate, there are five types of real estate investors. This week, we will be taking a look at these five types of real estate investors and learning a little bit about each type.

Buying House - Free Digital Photos

House with Dollar BillsThe first type of real estate investor, The First-Time Investor, is simply as the name implies.  The First-Time Investor is an investor buying a home for investment purposes for the first time.  While I recommend that any and all investors purchasing real estate for investment purposes have a plan, having a plan is especially important for the first-time investor.  It is recommended that a first-time investor work with a Real Estate Investment Specialist to develop this plan.

When we sit down to discuss your plan, some of the factors we will Planningtalk about include your purpose for investing in real estate, some of the "mistakes" to avoid, and your tolerance for being a landlord.  The goal for a first-time investor is to find a property that will quickly have a positive cash flow and be profitable in the long-term.  If you are considering becoming a First-Time Investor, contact me so we can discuss your plan today!

If you missed how Joel & Danni started investing in real estate, here is One Investment Strategy for Tampa Bay First-Time Investors to Consider.  Stay tuned for the rest of the series on the Five Types of Real Estate Investors!

         Today - $ Five Types of Real Estate Investors - Type 1 - The First-Time Investor

Upcoming - $$ Five Types of Real Estate Investors - Type 2 - The Move-Up Investor

                $$$ Five Types of Real Estate Investors - Type 3 - The Portfolio Investor

             $$$$  Five Types of Real Estate Investors - Type 4 - The Performance Investor

          $$$$$ Five Types of Real Estate Investors - Type 5 - Rehab & Resell Investor

Photo Source:  Buying House:  vichie81/FreeDigitalPhotos.net
Photo Source:  House and Dollar Bills:  Stuart Miles/FreeDigitalPhotos.net
Photo Source:  Planning and House:  Renjith Krishnan/FreeDigitalPhotos.net

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Linda Holloway Your Next Home in Tampa Bay House

Providing Home-Buyer, Home-Seller, Residential Investment, and
Relocation Services in the beautiful Tampa Bay area.
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 Linda Holloway, Keller Williams Realty Tampa Central
1208 E. Kennedy Blvd, Ste 231, Tampa, FL 33602
Linda@yournexthomeintampabay.com     Mobile: 863-640-7492

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Rainmaker
875,373
Janis Borgueta
Key Properties of the Hudson Valley - Newburgh, NY
LIC RE Salesperson

Hi Linda, Very nicely done! A Great and informative way to let people know about investing.

Jan 23, 2012 02:30 PM #1
Rainer
95,198
Linda Holloway
Keller Williams Realty Tampa Central - Tampa, FL
REALTOR®, Your Next Home in Tampa Bay Starts Here!

Hi Janice, Thank you.  I appreciate you stopping by!

Jan 24, 2012 03:02 AM #2
Rainmaker
925,644
Ron Marshall
Marshall Enterprises - Saint Michael, MN
Birdhouse Builder Extraordinaire

Your blogs look very professionally done.  Good work, Linda.

Jan 24, 2012 11:44 PM #3
Rainer
95,198
Linda Holloway
Keller Williams Realty Tampa Central - Tampa, FL
REALTOR®, Your Next Home in Tampa Bay Starts Here!

Hi Ron, Thank you!  I appreciate you taking the time to stop by and comment!

Jan 25, 2012 01:22 AM #4
Rainmaker
316,579
Frank Laisch
Orlando, FL
"The Insurance Guy"

Linda, Excellent information! Big difference between types of investors. There are many different insurance options for them as well.  I didn't meet you at the Exit Conference in St Augustine....great event!

Jan 28, 2012 12:26 AM #5
Rainer
95,198
Linda Holloway
Keller Williams Realty Tampa Central - Tampa, FL
REALTOR®, Your Next Home in Tampa Bay Starts Here!

Hi Frank, It's nice to "meet" you here!  You are right that there are different insurance options for investors as well.  That is important because the insurance option the investor chooses can effect the cash flow on the property.  Due to circumstances beyond my control, I didn't attend the Exit Convention in St Augustine.  I know I missed a great event!  I appreciate you taking the time to comment!

Jan 28, 2012 03:13 AM #6
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Rainer
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Linda Holloway

REALTOR®, Your Next Home in Tampa Bay Starts Here!
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