ARIZONA TRUSTEE SALES PHYSICALLY INSPECTING THE HOMES
It was another day at the Arizona Trustee Sales with driving properties this morning. We are finding some great deals at the foreclosure steps. I am receiving many phone calls about bidding on these properties from investors who live outside of Arizona. Everyone knows it is the time to purchase in Phoenix, Arizona, before mortgage interest rates and home prices increase over the next couple of years. The home in this photo is a typical home going to auction. The previous owners locked it up and just let it sit. There was nothing wrong with this house at all. However, we were not the successful winners on this one. We lost this bid by $1,200. However, we are ready for the next day to bid. The key is not to fall in love with the property. You make money at the purchase of the property.
Yes, that is a picture of my inspecting a home at 10:30PM at night. We must gain every advantage when it comes to bidding at the Arizona Trustee Sales. I love my job. I have many satisfied clients when it comes to fixing and flipping homes in Phoenix, Arizona. I have developed the Real Estate and Beyond Team to create a one stop shop real estate investors. All you have to do is make the call to have access to the Team. Why recreate the wheel? I have created a successful team to serve all of your needs when it comes to Phoenix real estate investing. Have you paid $10,000 for real estate education course? Are you ready to take down your first property? Give me a call! Please visit my web site at www.960RealEstate.com to get started today.
I do early morning inspections on homes we are bidding on that day. What do I look for in a house? First, I must make sure the repairs are not too much according to our bid. So, I walk around the exterior of the house to check for any structural damages. Plus, it gives me a chance to view the backyard. What if I cannot get into the house? There are ways to get into a house. One must be resourceful in these situations. Then, I do an interior check. I have my worklist to complete rough and conservative estimates to resurrect the home to current market value. Here are some quick questions I ask myself
- Would I live here?
- Does it have curb appeal?
- Does it have an A/C?
- Are there any structural damages to the home?
- Do I have to replace the flooring?
- Do I have to paint it?
- Are there any broken windows?
- How old is the A/C?
- Is there enough room to make a profit?
- How many Average Days On Market? Will it move
These are just some of the many questions I ask myself when reviewing a property. It takes me about three minutes to view a home. Why so quick? Well, I may have ten or more homes to view that day for my investor clients? I have created my own system that works. Again, a true craftsmen makes the impossible seem easy. I have many agents who wish to retain my services. Anybody can do it? However, one must have systems in place along with a great team of people to make everything happen in place. It is my goal to turn the property in a week to get it sold. Time is money.
I hope you thoroughly enjoyed this post. I am never too busy to teach new real estate investors that want to learn how to invest in real estate. I host a weekly real estate talk radid show-click here for more details at www.960RealEstate.com