An Overlooked Way to Make Real Estate Profits - Marketing to NEW Neighborhoods #6
Market to newer neighborhoods where the owners have little or negative equity. If you think about it, newer neighborhoods, they paid retail for those homes and in many cases; the builders are still building theirs and competing now against someone who may want to actually get rid of their property. So that can be a real opportunity for you to step in and take over the existing financing on the property. I bought my first house when I was 18 years old by taking over the existing financing on the property. One of the most powerful things I've ever learned in real estate in my entire 40 plus year career in doing real estate. It's been fantastic and I will tell you that when you don't have to go to the bank, you don't have to qualify for loans. You don't have to resource. It's a phenomenal way to buy real estate.
To watch the next part of the video go to: Are You Using "I Buy Houses" Signs to Generate Seller Leads https://youtu.be/finHtw49BAA
Investors have long regarded Lou’s training, systems, and forms as the best in the industry. He has been quoted as an expert by many publications including The Wall Street Journal and Smart Money Magazine.
Lou draws from his wide and varied background as a real estate investor. Having bought property since 1977, he has invested in single-family homes, apartments, hotels and developed subdivisions, as well as building and renovating homes and apartments. These experiences have given him a proving ground for the most cutting-edge concepts in the real estate investment industry today.
