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6 Reasons Why John Reese's VRE(Virtual Real Estate) Concept Is The Way To Go In 2006
Who would of ever guessed that Virtual Real Estate on the Internet would one day make many netpreneurers thousands, if not, millions of dollars. I know I sure didn't when I first got started online, but am glad I ran across the concept while...

Hope Ranch Real Estate for '05 through October
Looking at Hope Ranch Real Estate from where we are in this first week of November 2005 compared to where we were at the same time in 2004 we see some interesting numbers. The number of total Active Listings, those on the market right now is...

How Much Does My Real Estate Agent Need To Know?
Real estate agents would say that the more you tell them, the better they can negotiate on your behalf. However, the degree of trust you have with an agent may depend upon their legal obligation. Agents working for buyers have three...

Real Estate - Understanding The MLS
MLS is the Multiple Listing Service. The MLS is a database - an extremely convenient way to know what properties are for sale at any given moment. This makes it very useful to real estate agents and brokers. Basically, the MLS is like a...

Should You Buy A Home Now In The Midst Of The Real Estate Bubble?
I have been watching this "housing bubble" for the past four years. Twice I thought about buying a home and both times I backed out based on the fear of being caught upside down on my mortgage if this real estate bubble should burst. The skeptic...

 
Real Estate - Investments That Increase Your Net Worth

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-box. Why? Because if and when you choose enrollment 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.



About the author:



Jay is the web owner of http://www.homes-in-florida.org Florida Homes: Buying or Selling, a website that provides information on Florida real estate buying, negotiating, financing, and more. You can visit his website at: Florida Real Estate

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