Investor’s and wantabees all have one common problem, I’ve found! They don’t have much money to start. That was my situation when I started. My solution was to look for rundown properties most buyers didn’t want, because they looked kind of nasty.
I found that owners of these fixer-type properties cannot demand top prices and good terms like sellers who are marketing nice-looking, sweet smelling properties. On many occasions, my offer is the only offer. The seller has no choice but to seriously consider my offer when he doesn’t expect another. Reduced competition is worth big bucks, believe competition is worth big bucks, and believe me!
When you acquire rundown real estate – then move in quickly and do the fix-up, you add immediate value! I often refer to myself as an ADDING VALUE SPECIALIST. When you buy in cheap and quickly add value, you increase your equity much faster than waiting for appreciation or natural causes to do it for you. Fixer specialists force their equity growth. They don’t wait for it to happen. Buying at substantial discounts, then quickly making improvements is by far the fastest equity builder in the business.
Check out my home study course: REAL ESTATE INVESTOR SEMINAR www.fixerjay.com. This course has started any new investor in this high profit business.