Real Estate Investment Deals That Increase 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.
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
enrollment 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!
Author
George Whitecraft
http://whitecraftshoppingmarketing.biz/tbp/The_Business_Professional.html
http://whitecraftshoppingmarketing.biz/pba/index.htm
posted by George @ 1:22 PM
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