Purchasing a “distressed” property and “repositioning” it requires significant capital for improvements, build outs, holding costs, maintenance.In looking for that “needle in a haystack” slam dunk great deal you’re competing with very knowledgable, greatly experienced investors with the cash to make no contingency offers and close in a few days.  

Go to BUILD YOUR TEAM at the top of the screen and look for local investors or meetups in your area.

Start with one close to home where you can learn and build a team.

Then you'll need to build a team of contractors to handle renovations and to help with things such as property inspections.

Go to BUILD YOUR TEAM at the top of the screen and look for local investors or meetups in your area.

Good with Their CrewOn bigger jobs, a contractor is basically the team captain.

Hey team,I’ve put an offer on a property that has had a section 8 tenant for the last 8 years.

Many experienced investors are humming a long similar to prior to the rate hikes.  

However the owners retired and her team left when she sold the businesses.

Best of luck building your team and making your investment work for you!