Making Profits in Real Estate in Slow States

August 20, 2009 by Janet7 


Where the location is stagnant you will have to realize up front that acquiring a house for wholesale real estate investing will take some smarts. You will not want to be forced to restrict yourself to obtaining a property that you can live in. For example, that means you buy a home and occupy it until you turn it. In such a location you will need to get ahead on the competition. You won’t be able to turn it for more than what the market brings. Therefore, you need to tie it up at a big discount to retain a good profit if you are attempting this the old way.

In this instance flippers will start by researching prices in the current markets. With the current real estate areas and the number of motivated sellers, investors who are flipping real estate


are profiting very well. No matter what you plan on doing, when all is said and done, you have to determine what you can make against the amount of effort that was involved getting the house successfully turned. Therefore easier low risk strategies like real estate wholesaling are preferred.

As always, remember to educate yourself about flipping homes and/or talk with an experienced colleague before you plan any new real estate business and investment pursuits.

Filed Under: Home Money
Tagged: , , ,

Comments

7 Responses to “Making Profits in Real Estate in Slow States”

  1. gattegmann on April 30th, 2010 3:03 pm

    In the instance the location is soft you will have to realize up front that obtaining a investment for wholesale real estate investing will require some understanding. You will not want to be required to restrict yourself to purchasing a house that you will have to live in. For instance, that means you buy a [...]

  2. droseiffey nodden on May 23rd, 2010 5:59 pm

    It's a scam.

  3. prill bratandrol on May 25th, 2010 2:31 pm

    Thanks Steph for share suck great stuff with us. You are awesome…and pretty to :)

  4. epplerette on May 28th, 2010 6:59 am

    Texas high roller open Paramus bank branch: BY RICHARD NEWMAN Texas banker, real estate investor and high-rolling …

  5. lachatz on May 29th, 2010 11:14 pm

    RT Commercial real estate bargains don't materialize: Several high-powered Atlanta investment funds have hundreds of …

  6. MrTrollYourAss on June 22nd, 2010 6:41 am

    oh god i lold

  7. EventMexicoCity on June 27th, 2010 9:22 pm

    Real Estate: Areas of Responsibility

Feel free to leave a comment...
and oh, if you want a pic to show with your comment, go get a gravatar!