Find, Buy, and Sell Real Estate and strategies
Successful strategies for real estate investment:
- Buying properties from out-of-state owners. Out-of-state owners often worry about “squatters” living in the home(s). These properties can be abandoned for some time and thus, the owners are trying to sell them off for the peace of mind. From here, the owners might offer low prices to “get rid” of the property or flexible “owner-run” financing option. Therefore, it is always wise to tap into these deals.
- Divorce. During heated divorce battle, the spouses often wanted to sell of their joint properties to move on. Selling joint properties also serves to fund attorney fees and that is why couples tend to act swiftly.
- Bankruptcy. Once filed for bankruptcy, the individual would act swiftly to acquire cash.
- For sale by owner (FSBOs). Some owners are willing to sell their property swiftly to move on with their lives as they do not have the time and energy to upkeep with such assets. Investors should take advantage of such!
- Expired listings. When there is a back-log of home inventory and the economy is slow, owners tend to try to sell their properties as much and as fast as they can. There are expired listings from realtors that owners would have to pay more to get their listings renewed. In this case, investors are greatly appreciated and valued and thus, prices and payment methods are greatly negotiable.
- Signs and advertising. Use bandit signs to advertise properties for quick sales. One can also use flyers and postcards to spread the message.
- Create a real estate blog. Putting the name out there for investors is everything. One can use WordPress or Blogger to put the words out and make oneself known. Blogs can be on real estate trends as well as real estate tips and tricks. The messages are intend to be educational.
- Bring business cards. Business cards come in handy for networking. Always bring them along to meetings and networking events. One will never know where the card would take. Keep in touch with business cards can serve the investor well in the long run, especially for beginner investors.
- Probate & Estate Sales. Properties that are passed down from the family or got taken away by local authorities due to back taxes are easy to acquired. These properties are often sold below the market price and investors would have a better chance of buying a place that they want. The key is being patient and check newspaper every day once one has an intention to buy.
Topics: real estate, investment, strategies
Work cited: https://www.creonline.com/affordable-strategies-to-find-buy-and-sell-real-estate/
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