If you look around in the real estate investing market, you will notice one thing if you are an investor: you have a lot of competition. Seems that everyone is a real estate investor now, and there are more instances of bidding wars for property.
What is worse than the competition is the saturation of investors in some of the more lucrative markets. A good example is the number of investors investing in repossessed properties - it was once a lucrative market with little competition - but not anymore.
This has made the need to find another investment market more important - the pioneer investors (the first ones if you will) tend to make the most money. So let me share a little secret - how would you like to get repossessed properties before they were repossessed?
Sure you do. You would get the discount on the purchase price and a better return on your investment. How do you do it? Start a sell and rent back program. Basically you would buy properties from homeowners that are going to have to default on their mortgage and rent it back to them. This can also result in instant cash flow from your property as you have tenants on day one.
You should get into this untapped real estate market as fast as you can - most communities have a need for this service - and I am sure your portfolio wouldn’t mind the extra income either
