Is Making Money with Real Estate Possible in Today’s Economy?

If you’ve dreamed of making money with real estate, but have wondered if it would be a wasted effort in today’s market, have no fear. Earning good profits with real estate is not only possible, it’s virtually a sure thing.

Here’s one reason why you can bet on making money with real estate:

There are record numbers of foreclosures in today’s market. Foreclosure homes offer a fantastic opportunity for making money with real estate. In fact, making money with real estate foreclosures is one of the easiest and highest-profit ways of making money with real estate.

Here’s how preforeclosure works: When a homeowner receives a foreclosure notice, the property enters the preforeclosure stage until the actual foreclosure auction. At the preforeclosure stage, the homeowner usually wants to sell his home quickly in order to get out from under the coming foreclosure. The homeowner is usually less interested in making money from real estate than he is in getting rid of the huge headache of his delinquent mortgage and avoiding foreclosure. This means that the homeowner is likely to sell to you at a rock-bottom price.

There are two main ways that you can make money with real estate foreclosures: You can “flip” the property to an investor for a large, cash profit, without putting any more than 10 dollars of your own money (for the contract) into the deal. You can also assume the loan by purchasing ‘subject to’, again without investing any of your own money. Both methods assure that you’ll be making money with real estate – to the tune of tens of thousands of dollars.

If you’re interested in quickly making money with real estate, preforeclosure homes and probate homes are your best bets for finding great deals on heavily discounted real estate.

About Lance

Lance Young's expertise in real estate investing is grounded in more than 19 years of independent real estate deals and mentoring of novice investors. His first success came with buying and selling preforeclosure houses. Later, he made tremendous profits in the probate house market. In 1996, Lance wrote down what he had learned in a one-of-a-kind, step-by-step program for beginners and seasoned investors that shows how to make money buying preforeclosure and probate houses. The programs are updated frequently to fit the changing real estate market. His investing techniques require just a $10 contract deposit and 10 hours a week finding the most profitable opportunities. Testimonials from his students show that with no experience, people have made first-time profits of $11,000, $31,000 and even $80,000 just by following his simple guidelines. Through his web site, PropertyForeclosure.com, Lance Young has shared his simple, yet powerful investing methods with thousands of students while continuing as an active investor himself. His motto is: To teach others to become successful, you must keep your hand in and practice what you preach.
This entry was posted in Uncategorized. Bookmark the permalink.

Comments are closed.