Pain-Free Foreclosure Investing
My good friend Andy Heller joined us today to share what he is doing in this real estate market to profit from the record low housing prices. I can't tell you all of the great information here, so listen in to this episode. But I can tell you a few of the high points of his talk.
1. With the number of foreclosures on the market today houses are at their lowest in a very long time making it a great time to buy. Not only are houses cheap their are a lot of Realtors specializing in foreclosed homes.
2. Another great thing about this market is there are more and more people moving into the rental market. With the rise in foreclosures, bankruptcy and job loss, unfortunately people have been pushed out of homeownership and into rental situations. The good news for investors is they are able to provide affordable housing with good cash flow as the pressure mounts on the rental deman.
3. Foreclosure investing does not mean driving all over town looking for houses. If you can spend 2-4 hours a week and leverage the time of a Realtor that specializes in bank owned homes you can find and purchase from 4 - 20 homes a year.
4. My favorite part! People with money realize that today's real estate market is a great time to buy. Because of this and the very low returns on savings vehicles many folks are willing to put up private money to lend on your foreclosure projects.
Stay Up to Date
Make sure you join to stay updated on what's going on along with any special educational events and news. Plus get some great freebies when you sign up.
Upcoming Shows...
- Greenhabbing - Rehabbing homes in a sustainable and eco-friendly manner
- Lease/Options
- Real World Wholesaling
- Using Technology to Run Your Business
Comments