Real Estate Investment Deals That SkyRocket Your Net Worth
|
|
|
Consider these parameters for a real estate deal:
Property Value: $250,000
Purchase Price: $160,000
Repairs: $2,500
If you analyze the numbers, you see that the equity available in this deal is $87,500 (Property Value minus Purchase Price minus Repairs).
So here's a hypothetical question for you: Assuming that the information above is accurate, and the property is located in an area that you view as acceptable and/or favorable, then:
If I offered to give you this deal in exchange for $10,000 in cash, would you do it?
Remember - this is hypothetical. The real question here is this:
Would you exchange $10,000 in cash for $87,500 in equity?
For most savvy investors, the answer is: Absolutely YES!
This is called "Wholesale Real Estate Investing" - the process of buying a lot of equity at a very significant discount from another real estate investor who has already done the hard work of finding a deal and getting it under contract.
Just think about that - consider how easy real estate investing would be for you if you had a network of real estate investors in your area (and maybe even all over the country) who, several times
|
|
|
each month, offered you the opportunity to purchase significant amounts of equity for a severe discount...
...It would be quite easy to become wealthy, fairly quickly, wouldn't it?
The answer again, is: Absolutely Yes, it will.
It is through smart "wholesale real estate investing" that you can increase your net worth by $20,000 to $100,000 on every real estate deal that you do.
...Now the burning question becomes, "Where exactly do I find these wholesale real estate investing deals?"
I know of at least 3 solid sources...
You've got to admit - it will be a pretty wonderful thing when you know how to find great real estates deals in which you can trade a small amount of cash for a large amount of equity without even having to find the deals yourself...
...And that's exactly what "wholesale real estate investing" is all about.
So let's get right to it. Here are 3 places to find wholesale real estate deals:
1.) Visit the local real estate investing club in your area. Almost all of these clubs have networking opportunities to work with other investors who wholesale deals regularly, and this is an easy way to find great opportunities.
|
|
|
TODAY'S NEWS:
DENVER (AP) - Real-estate-investment trust UDR Inc. said Monday it closed a 10-year, $400 million credit facility from Fannie Mae. The loan consists of a $225 million secured loan, which was originated by commercial lender PNC ARCS LLC for repurchase ...
MIAMI (AP) - Max Rameau delivers his sales pitch like a pro. "All tile floor!" he says during a recent showing. "And the living room, wow! It has great blinds." But in nearly every other respect, he is unlike any real estate agent you've ever met. He ...
MOSCOW (AP) -- A few hundred people have demonstrated in the Russian capital to protest an attack on a crusading journalist. Rights activists and opposition politicians joined colleagues and friends of Mikhail Beketov at Sunday's protest in Moscow ...
|
|
2.) Watch for ads in the newspaper, television, and in other media that advertise slogans like, "We Buy Houses", or "Sell Your House in 9 Days" or anything similar to that. Most of the time, these people are real estate investors, and they are happy to wholesale deals to people like you.
3.) Watch your email-box. Why? Because if and when you choose to enroll in various free e-courses online, such as that via tm-RealEstateInvesting.com, you'll be provided with automatic notification about great local and national deals as they become available. But be forewarned - you've got to act quickly whenever these deals are announced, because obviously the response is always significant.
Happy Hunting!
About the author:
Under the careful mentorship of real estate 'gurus' Bryan Ellis, Omar Periu, and Robert Shemin, 32-year-old Alain Diza catapulted to rapid financial success with his uniquely simple marriage of Internet Marketing and Real Estate Investing. To see a sample of his strategies, visit Alain's private website at: http://www.tm-RealEstateInvesting.com
|
|
Source the Internet to get information on california real estate
Right now, because everyone can use the world wide web, it's
child's...
Real Estate Timing - when to buy, sell, hold
When is the best time to buy real estate? When buying real estate...
Resources for Online Real Estate Courses
You've made the decision to move ahead in the real estate world and...
California Real Estate - Appreciation on Steroids
For the last five years, owners of California real estate have been...
|
|
|