Foreclosure investing is a lot like tennis and golf in that tennis racquet's and golf clubs both have sweet spots and so does your real estate investing business. Hitting the ball on the sweet spot maximizes your results. Finding your sweet spot in real estate investing will help to maximize your profits.
To find your investing sweet spot you need to understand and monitor your local real estate market. Even in the worst markets things are selling. By carefully following sales you can determine the sweet spot for price, location and housing type. It is critical to your business that you do this and that you target your marketing to these sweet spots.
It is very easy to acquire property these days. It is a lot harder to sell it. You need every advantage you can find to maintain your profit levels and volume. The wise investor is one that will know where to aim his efforts and follow through.
Keeping your eye on the ball is not only for sports.
Yours in Success,
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