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MyWikiBiz, Author Your Legacy — Saturday November 30, 2024
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New page: {{QuickAdd | Address = 1623 Military Rd | City = Niagara Falls | State = NY | Zip = 14304 | Country = USA | Phone = | Email = info@discountpropertiesblog.info | Web = http://discountprope...
{{QuickAdd
| Address = 1623 Military Rd
| City = Niagara Falls
| State = NY
| Zip = 14304
| Country = USA
| Phone =
| Email = info@discountpropertiesblog.info
| Web = http://discountpropertiesblog.info
| Contact =
| Title =
}}
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Where do I find discount properties? Unless you've been hiding on another planet it's no secret that foreclosures represent an unprecedented opportunity right now because of the share volume that exists and the fact that the banks that own the foreclosures are selling them at attractive money making discounts.

As a real estate investor one of your main jobs is to find discount properties to buy. Why are you looking for discounted properties, you ask? Well one strategy in real estate is to buy low and sell medium high. The difference between what you paid for the property and what you sold the property for is your profit. In order for a sellers to sell their property at a discount properties, they must be motivated to exit the property quickly. Typically the rule of thumb is if you want to sell something quickly you always sell at a discount. An investor has to find that motivation within the seller to find a deal. Banks are the largest group of motivated sellers right now. So to make things easy for yourself, you should build a large portion of your buisness to attract deals from the largest pool of motivated sellers.

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