There is no bad real estate market, only people with problems who happen to own real estate! To build your own real estate investment company, to become a real estate entrepreneur, you need a system that combines the tools and knowledge to provide solutions to these peoples problems. These are human problems, not real estate problems. People die, they lose their jobs, they get into financial troubles, they get divorced, etc. These Trigger events, combined with the lack of cash savings and little equity most homeowners have in their homes today can lead to extreme financial, emotional and even physical distress; as homeowners struggle to keep up their payments and/or are frustrated by their inability to sell their properties. Think about it. If the payments on your house were killing you because you were stuck making two mortgage payments; the sale of your old house fell through after you closed on the new one. Wouldnt you be lying awake at night, worried sick about running out of money and having to face the embarrassment of foreclosure? What if you did not have much equity and the costs of a sale, which could be 20% or more of the value of the property, would eat up a good chunk of your remaining savings? Wouldnt you be praying for someone to come along and solve your problem? You might even get so desperate that you would actually Give the property away to anyone who would take it, just to be rid of all the stress! We have just taken a good look at one side of the profit equation, the sellers side. There is also a buyers side. There exists a Shadow or Phantom market of buyers for real estate. Most are self employed people or small business owners. Others have had recent bankruptcies or foreclosures. Still others are foreign nationals. They can afford to buy real estate but for various reasons cannot or do not want to qualify for a bank mortgage. You can solve their problem by selling them the homes you pick up from the desperate homeowners! You sell them with seller financing. The Phantoms will reward your kindness by paying you premium prices for your properties! You can get started as a part time investor with a basic real estate investing system: I Buy Houses flyers, business cards and ads A voicemail system to take calls Knowledge to buy properties from distressed sellers subject to the mortgages A marketing program to develop a pre-qualified list of Phantom buyers Knowledge to sell properties to these buyers on Lease Options If you wanted to build yourself a full time real estate investment business that can generate huge profits, you need a more comprehensive system, which today can be automated and Internet based, but the point is, you can get started today with the basic system! Google I Buy Houses, Subject To and Lease Options and you will have enough info to get you started. Do it now! |
