Real Estate Investment Deals That SkyRocket Your Net Worth
by Alain Diza
Published on this site: July 1st, 2005 - See
more articles from this month...
Consider these parameters for a real estate deal:
- Property Value: $250,000
- Purchase Price: $160,000
- Repairs: $2,500
If you analyze the numbers, you see that the equity available in
this deal is $87,500 (Property Value minus Purchase Price minus
Repairs).
So here's a hypothetical question for you: Assuming that the information
above is accurate, and the property is located in an area that you
view as acceptable and/or favorable, then:
If I offered to give you this deal in exchange for $10,000 in cash,
would you do it?
Remember - this is hypothetical. The real question here is this:
Would you exchange $10,000 in cash for $87,500 in equity?
For most savvy investors, the answer is: Absolutely YES!
This is called "Wholesale Real Estate Investing" - the
process of buying a lot of equity at a very significant discount
from another real estate investor who has already done the hard
work of finding a deal and getting it under contract.
Just think about that - consider how easy real estate investing
would be for you if you had a network of real estate investors in
your area (and maybe even all over the country) who, several times
each month, offered you the opportunity to purchase significant
amounts of equity for a severe discount...
...It would be quite easy to become wealthy, fairly quickly, wouldn't
it?
The answer again, is: Absolutely Yes, it will.
It is through smart "wholesale real estate investing"
that you can increase your net worth by $20,000 to $100,000 on every
real estate deal that you do.
...Now the burning question becomes, "Where exactly do I find
these wholesale real estate investing deals?"
I know of at least 3 solid sources...
You've got to admit - it will be a pretty wonderful thing when
you know how to find great real estates deals in which you can trade
a small amount of cash for a large amount of equity without even
having to find the deals yourself...
...And that's exactly what "wholesale real estate investing"
is all about.
So let's get right to it. Here are 3 places to find wholesale
real estate deals:
- Visit the local real estate investing club in your area. Almost
all of these clubs have networking opportunities to work with
other investors who wholesale deals regularly, and this is an
easy way to find great opportunities.
- Watch for ads in the newspaper, television, and in other media
that advertise slogans like, "We Buy Houses", or "Sell
Your House in 9 Days" or anything similar to that. Most of
the time, these people are real estate investors, and they are
happy to wholesale deals to people like you.
- Watch your email-box. Why? Because if and when you choose to
enroll in various free e-courses online, such as that via tm-RealEstateInvesting.com,
you'll be provided with automatic notification about great local
and national deals as they become available. But be forewarned
- you've got to act quickly whenever these deals are announced,
because obviously the response is always significant.
Happy Hunting!
Under the careful mentorship of real estate 'gurus' Bryan Ellis,
Omar Periu, and Robert Shemin, 32-year-old Alain Diza catapulted
to rapid financial success with his uniquely simple marriage of
Internet Marketing and Real Estate Investing. To see a sample of
his strategies, visit Alain's private website at:
http://www.tm-RealEstateInvesting.com
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