Wednesday, September 11, 2013

Finding the Right Properties for the Best Returns in Real Estate Investing

When looking for the right property we are not simply looking for the biggest return.  We are looking for the best use of time and resources with the least risk and greatest chance for reward.  To that end we have a very specific set of criteria that we look for in the Strait Path Real Estate Investing system.


 


First, we only invest in single family homes.  We do not invest in condos, townhomes, duplexes, multiplexes, land, etc.  Those real estate vehicles are great and most investors will buy them.  The Strait Path system simply has chosen single family homes because they are the best overall vehicle for this system.


 


Second, we only buy homes priced below the median home price in any given market.  History has shown that the volatility in home values is less in this segment of the market.  The prices don’t jump as fast and they don’t fall as fast either.  But since we’re not dependent on inflation for profit that suits our system just fine.  Also, the greatest demand in any real estate market is for entry level home (up to the median home value).  That means that our investment homes will sell easily and quickly in any market, under any conditions (greatly reducing our investment risks).  Regardless of market ups and downs, the investment purchases stay below the median home value.


 


Third, we only buy homes that are in livable condition.  We stay away from fixer-uppers because they take too much time, too much money and are too much of a risk (what else might be wrong with the home that we haven’t discovered yet).  We are willing to do minor fix-up if the home is in generally good condition.  However, good condition doesn’t mean pretty.  We are willing to buy homes with dated carpet, tile, and cupboards.  This often gives our buyer-tenants the opportunity to improve and personalize the home to meet their individual needs. And most of the tenants that we place in the homes are thrilled with the chance to eventually own their own home and are willing to live in a home that is dated.  Ironically, these dated homes are often the homes with the best cash flow.


 


Before we take time to evaluate any home they must meet our three criteria:


1 – Single Family Home


2 – Priced below the median home value of the area


3 – Home is in livable condition (minor repairs allowed)


By keeping every investment home with these 3 criteria we minimize our risk under any market conditions.


Three Keys to Finding the Best Real Estate Properties


Please stop by and visit http://revolution.strongbrook.com for more information about our revolutionary investing system and how you can take advantage of this tried, tested and proven system of profitable real estate investing.



Finding the Right Properties for the Best Returns in Real Estate Investing

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