What does your dream home look like? Is it a ranch style with a basketball hoop on the garage? Or perhaps a 2-story brick home in a suburban neighborhood? You don’t have to settle, or wait until you have the money to build. The rising number of foreclosures makes it easy to find your dream home at the perfect price. On average, it costs about $80 per square foot to build a home, while we are selling Florida foreclosures at an average of $40 per square foot. By looking for your dream home in our foreclosure…

In the past, most investors felt that the stock market offered better options for profit than property investments. Today the rising number of foreclosures, not to mention the instability of the stock market, are tipping the scales in favor of real estate investments. Between 1978 and 2006, the average profit margin for stock market investments was 13.4%; obviously, there are fluctuations, but for the most part, this has always been more profitable than real estate investments. This isn’t true anymore. With our economy in a slump, many people are losing money on the stock market.…

What’s the best advice you will ever get for real estate investing? Find cheap houses for sale! 1st time investors ask what they should consider when planning their first real estate investment: should I buy a single family house, a duplex or a multi-unit? Should I buy in low income or middle income neighborhoods? Should I only buy concrete block houses and avoid frame/wood houses? There are answers for each of those questions, and the answer may change depending on the investor’s goals. But one thing never changes: the most important factor, no matter what you…

A lot of the best deals in real estate never even hit the open market! A pre-mls lead on a property is when a potential buyer gets a lead on a house from a realtor before that realtor lists the house on the market (MLS). Investors that buy a lot of houses are able to build good reputations with realtors that sell distressed property. When a buyer performs on a contract, i.e. the buyer stands behind the agreement or contract he makes with realtors, he develops a good reputation for himself as a reliable buyer.…

New investors are usually very eager to get started; the problem is, they aren’t sure where to get started. What kind of property should you buy? Residential or commercial? Single family or duplex? What price range should you aim for? Should you pick a specific area or neighborhood? Obviously, the answers will depend on what you want to do. Some investors already have a generic plan in mind, and only need some guidance. Whether you have a general plan in mind or are just starting fresh, purchasing a house that you can rent out is…