Want to actually make money in the real estate market?? I am currently expanding my base of potential, qualified investors. As a result of this real estate market we have experienced over the last 2+ years, there are some excellent opportunities to purchase homes at wholesale prices and resell them at "market value". I am not talking about short sales. There are a lot of home owners who are in real need to sell, or just want to get out from under their mortgage commitment. Another group of home owners have attempted to sell their homes in this market, and it has not sold for one reason or another. Many of these home owners are starting to be worn down by the process and just want "out". In either case, cash buyers in this market have the potential to be real winners. Let me give you a real life, personal experience I had a while back...I went to an auction in the Green Hills area where a house had a designated "reserve". The "reserve" means the seller had a previously determine "minimum price" that they were willing to accept for the home at auction. The "reserve" is not known to potential bidders at the time of the auction. I arrived at the auction strictly as an interested spectator. When the bidding started to slow, it became apparent to me that the potential sales price was well below market value. The price was below the predetermined "reserve" as well. After the bidding was over and the auctioneer consulted with the seller, I bought the property for $577,500. We closed that sale in 20 days. As a Realtor®, I turned around and put the house right back on the "open" market. 80 days later, I found a buyer and closed a sale on it for $740,000! That is a gross profit of over $162,000! I cannot say this happens every the time, but by working with an experienced Realtor®, potential, excellent returns of investing in today's market are still available. You have to be realistic and analyze each and every situation to make sure it is a good investment. I prefer to work with Cash buyers/investors because they always get the best deals and end up with the best return on investment. Many Realtors® market this ability to help investors make money in this market, but I have actually done it MYSELF with MY ability to get money! If you want more information, or want to talk about being on my list of potential investors, give me a call direclty at (615) 804-9999, or CLICK HERE to Contact Me.
Louis@LouisBelote.com
www.WilliamsonCountyRealEstate.com
www.DavidsonCountyRealEstate.com
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