Why Does Buying from the Original Provider Save Money?

Considering the level of expertise at hand, as well as your own comfort level, there can be many different ways to buy investment properties! To surpass the beginners and boost your individual real estate investing portfolio, continue reading this informative article!

A handful of investors choose to purchase their real estate investment properties from various educational or seminar groups. These groups provide valuable information all around, especially if you are looking at your first investment. However, most of these educational seminars will either request you spend tens of thousands of dollars on real estate literature or they will mark up the investment property by thousands of dollars, which is often unknown to the buyer. The outcome of attending one or several of these educational seminars can range. With that being said, you may just be purchasing more education or you maybe purchasing an investment property that has been marked up substantially!

How Can You Avoid This Mark-Up and Save Yourself Thousands Upon Thousands?

One option would be to purchase an investment property from a broker or wholesaler. The investor will have to pay a commission to the broker for various reasons, which is sometimes disclosed, but this could be avoided altogether by directly buying from the owner or provider!
Considering all things, we have found that the best option for buying investment properties is to find a reliable direct source. This direct source should be a company who performs the actual fix and flip, who is upfront with the repairs, who answers phone calls, emails, and texts at all times. Establishing a relationship with this sort of company will benefit the investor and the company long-term. One of the most important components in any relationship is trust. While negotiating with the owner or representative of the company directly, they will be able to give statistics about the neighborhoods, the crime rates, social anchors, schools, and all other information needed for the sake of an honest and worthy investment. Overall, buying direct will save time, by working with a motivated and knowledgeable seller, and it will also save money, being that you will not need to worry about the property being marked up substantially!

How Can You Find a Trustful Company Like This?

Many times, companies are listed on social networking sites such as LinkedIn, BiggerPockets, Twitter, Instagram, and more. The decision is ultimately yours, however, if you are building a long-term portfolio, a direct source company is definitely recommended!