One thing that continues to puzzle me is when I hear people say that real estate is a bad investment. Yes, we are in a downturn market (at least in Southern California where I live) but there are still investment strategies that can be done to make money! How fast we forget the old cliché – BUY LOW, SELL HIGH??!! Well aren’t we in an all time low?! All we hear on the news is how bad the real estate market is, but doesn’t history repeat itself? Investors should be so excited to be in this current market because we know in the long run real estate goes UP!
One strategy that investors should be looking at in this market is WHOLESALING. This is a “buy low, do nothing to the property, and sell low” strategy. The concept is to get a property under contract and “assign” the property to another person (usually another investor) for a finder’s fee. You do NOT need your own money or credit to do this strategy and it is an investing strategy with the least amount of risk in this market (in my opinion).
Watch for my next post on WHY this current Southern California market is the BEST time since the great depression to buy real estate and create wealth! More millionaires will be created over the next couple years – will you be one of them?
www.professionalhomehelp.com
Monday, July 07, 2008
Can investors make money in our current market?
Posted by
Kristi Cirtwill
at
10:14 PM
Subscribe to:
Post Comments (Atom)






0 comments:
Post a Comment