fastest way to make money in real estate

Well my advice would be to turn around and ask how to make money slowly and consistently with property but that's just my 2c.  Most of the methods available to make money quickly in property unfortunately will also include a high risk of you having even worse credit and even less money! 

Although to answer your question my quickest profit was just buying a 2brm apartment in Brisbane; inspected the property at noon, gave a first-and-final offer at 12:05 and told them they had till 5pm to accept.  By that night I had bought a property that was $50k under what it's neighbor would sell for 3 weeks later.  I needed a place to live fast as I had just broken up with my partner but I didn't let that influence me into paying too much or giving up the power in the negotiations.

Not sure how quickly you want to make money but $50k equity in 3 weeks was good enough for me

Hope that helps a little bit,

Andy

Sell.

Wow people don’t seem to be giving out much information in this post.

There are loads of ways to make money quickly in property. One way is to buy, subdivide and sell both blocks. Or you could buy, subdivide and sell one block and keep the other. This generally takes about 12 months though.

Another way is to buy under valued and flip the property for a profit.

You could buy land, build town houses or apartments and sell them off.

You could buy units that are still under one title, split them into torrens titled and sell them off separately.

Hope that helps. If you want long term help finding positive cashflow properties then check out my site

Ryan McLean
http://CashFlowInvestor.com.au
Positive Cash Flow Properties Are Just A Click Away

I wouldn't know of a way to make money quickly in RE without having money in the first place. Either that, or you gotta be lucky and quick in a rising market to be able to flip for profit. In this case then a better way of rephrasing things is 'There's everything to lose but a heck of a lot to gain also if you're patient enough.'

It's the same as going up to an experienced doctor and asking him 'What's the quickest way to gain experience?'

His answer?

'Slowly.'

Good things take time. And while I don't agree that 'good things only come to those who wait', I'm a firm believer in doing the hard yards, getting smart and having adequate knowledge before getting started in anything. When money is involved, be careful. Where greed is involved, be very, very, bloody careful.

@ DWolfe – I do agree with you. People coming onto a forum like this and asking “How can I get rich quick?” deserve one work answers. The interesting thing is that even if you told them an EXACT method for getting rich quick in property they probably won’t do it. It still requires study and hard work, which most people wanting to get rich quick aren’t willing to do….yet they are willing to work 9-5 in a job they hate….go figure.

At the end of the day you need to have your own investment strategy that you can focus on to achieve results. There are quick ways to make money, if you are dedicated enough. Asking “How to get rich quick?” in a forum as broad as this one doesn’t show dedication to me

Still I like to throw out a decent response and get the conversation going

Ryan McLean
http://CashFlowCapital.com.au
Positive Cash Flow Properties Are Just a Click Away