• Home
  • Real Estate Programs
  • Real Estate Store
  • Real Estate Videos
  • Contact Us
  • Privacy Policy
  • Sitemap

Real Estate

News - Facts - Resources

  • Ready for Real Estate?
  • Real Estate Information
  • Real Estate Tips
  • Real Estate Investing
  • Real Estate Books
  • Real Estate DVDs
  • Real Estate Investing for Dummies
  • Real Estate News
  • Real Estate Products
  • Real Estate Secrets

Owning a Fixer Upper!

December 13, 2009 by admin Leave a Comment

Its A Fixer-Upper!

When you are making your first steps towards becoming a real estate developer, it is often helpful to start out with a deal that is financially supportable. Frequently, you will see a house appear on the market that looks like it will need a lot of work it may have been lying vacant for a time, or may have been damaged by a storm, a flood or some other horrible incident. These houses usually go on the market for a fraction of their market value, and if you have the borrowing or spending power to buy them and do them up, they can be a quick and easy profit.

The simple reason behind this is that some people simply want to up and move when their old house has been damaged, and they will sell cheaply for a quick deal. This benefits the buyer because it allows them to pay a reduced price and then spend what it takes to turn the house into a viable, buyable property for a family to move in to. Often there is a significant profit margin because the house is located well, architecturally fine and attractive to new buyers.

These houses are known as fixer-uppers. When you buy them, they need a lot of work. But if you are prepared to put that work in, you will find that the whole process is not that expensive. As long as you have done your research, there is a very good chance that you can turn a profit which will allow you to try again with another fixer-upper or a sounder property.

Its A Fixer-Upper!
Its A Fixer-Upper!
Its A Fixer-Upper!
Its A Fixer-Upper!
Its A Fixer-Upper!

Its A Fixer-Upper!

Its A Fixer-Upper!

Filed Under: Real Estate Tips

Leave a Reply Cancel reply

You must be logged in to post a comment.

Featured Video

Advertisement


Clickbank Products

Email Newsletter

Subscribe to Receive FREE Real Estate Tips and Information

Recent Posts

  • Tips For Successful Real Estate Investments

    Do you know everything about real estate? There are several details that you must know about that even seasoned buyers are still learning by reading new tips as they come along. This article is here to help you with tips that you can use when thinking about what kind of real estate you want to […]Read More »
  • Things To Consider When Purchasing A Home

    In the current economy, many people are hesitant to invest in real estate. Uncertainties about the market, time, expense, and a mountain of paperwork can make the process seem overwhelming. Being more informed is really helpful, and this article’s tips can help you learn more. TIP! All real estate agents should contact any past clients […]Read More »
  • Popular

Follow Us!

  • 
  • 
  • 
  • 
  • 
  • 

Copyright © 2015 · Created by BuyingWebsites.info · WordPress ·