7 Ways to Make Money in Distressed Real Estate in 2010
July 10, 2010
They past two years will inevitably go down as the most distressed real estate market in U.S history. Yes, worse than the Great Depression, worst than the 80’s Savings an Loan crisis, worse than the 90’s Dot.com bubble. This article isn’t about the whys and hows we got to that point…its about HOW CAN YOU TAKE ADVANTAGE of this opportunity.
Now is the time! The competition is on the sidelines, the builders are broken, investors are hoarding their cash and all this points to an incredible investment opportunity for those of you ready to do some homework. Class begins…now.
1. Buy and Hold – The oldest, most tried and true method of real estate investing takes advantage of inflation, market appreciation and amortization. Fancy words for, if you hold it…wealth will come. But not all property in 2010 will be a good choice for this strategy. READ MORE…
2. Short term plays aka ‘Flips’ – The dirty word in the real estate game is a property “Flipper” or one who takes advantage of short term property trends. Why is this a bad thing? Well, if it involves fraudulently influencing value it can hurt the entire surrounding neighborhoods. However, timing is everything in business and this strategy is all about Short Term profit taking. READ MORE…
Read full article on examiner.com
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