Real Estate Investing Articles

In real estate there is a saying that you don't really make your money when you sell, you make your money when you buy. Name of this game is finding amazing deals and then keeping them for the long term or may be turning around or flipping for a handsome profit. Of course, if great deals were that easy to find, everybody would surely be doing it. The forces of supply and demand would blow up the price of properties to the point that there would be no deals left! Pessimists claim that this is true of today's housing market, but in fact, there are endless deals to be found almost anywhere, anytime. Finding these deals takes experience and little bit of talent, but this article serves as a head start for novice investors, or could be a refresher course for old pros.

How to Find Distressed Sellers }

The first place is to look at the newspaper. Don't bother searching through the fancy ads with pictures placed by real estate investing agents; go right to the classifieds instead. Look for listings with "for sale by owner" (FSBOs) in the text, or, which appear as though they are being sold without an agent. Technically, real estate agents needs to state that they are agents in all advertising materials, but the less meticulous ones often disobey this rule. Also look for key phrases such as "need to sell, fix-up, needs work, vacant," and of course, the "motivated sellers". Be prepared to make a lot of phone calls and not to spend much time with each individual seller – finding deals is a numbers game, and you have to make a lot of calls to find that one special deal.

Another idea is to call the owners of rental properties and then offer to buy. Many estate income property owners are unwilling landlords and would certainly entertain the offer. If they say no, leave them your name and telephone number and tell them to call you if they are ever interested in selling.

By knowing what you're looking for is distressed owners and by following these strategies, you would already be way ahead of most beginning real estate investors. It takes work, and lots of it, but the rewards are actually worth it.