Real Estate Investing Deals That SkyRocket Your Net Worth 10-Fold
Real Estate Investing Deals That SkyRocket Your Net Worth 10-Fold
© Copyright 2005 Alain Diza
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:
1.) 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.
2.) 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.
3.) Watch your email-inbox. 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!
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Alain Diza makes it easy to step into the world of Wholesale Real Estate Investing. Learn the principles and private strategies the 'gurus' are charging thousands for. Get your free e-course at:
www.tm-RealEstateInvesting.com
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