Finding the right investment property is the trick to becoming a successful real estate investor. Being able to buy right is how to create the profits in any real estate transaction. Knowing where to look becomes a crucial key in any investing system.
Most real estate investors and most real estate instructors teach people to look for real estate investment deals at auctions, short sales, foreclosures, fixer uppers, etc. While these are good places to find distressed real estate (good deals), it also happens to be a place with very high competition. The key to the strait path real estate investing system is to find massive discounts on real estate in an arena with very little competition. To this end, the straight path real estate investing system uses the Multiple Listing Service and real estate agents to find the some of the best deals on single family homes.
Very few investors focus on single-family homes in their investment portfolio which means that the competition for these homes on the Multiple Listing Service is very small. Not every home on the Multiple Listing Service will be an ideal home for investing. However, there are many homes that come on the market everyday that are priced right and ready to be purchased as a real estate investment.
In any market, 90 percent of the homes for sale will be priced in a saleable range. There will be five percent of the homes that will be significantly overpriced and simply will not sell. However, the 5% of the homes will be listed at the bottom of the market and potentially represent a significant discount on that real estate value. This bottom 5% of homes in the target market represent the market segment that we’ll consider purchasing homes from for the strait path real estate investing system. Having a real estate agent who knows and understands how to invest will be able to identify these properties and help you find them quickly.
For more information on how to find these discounted properties on the Multiple Listing Service visit our website at http://revolution.strongbrook.com and go to the “Investor Resource Center” tab to download a free copy of “The Strait Path to Real Estate Wealth” book.
Finding real estate by looking in the right place
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