Finding the right properties, the realtors, making the offers and counter offers, settlements, finding the contractors, knowing what to renovate and getting your property rented can be intimidating for the first time investor. But don’t worry because we will supply you with personalized guidance every step of the process to help you become a successful real estate investor. Let our 35 years of real estate investing help you become successful also.
Buying Foreclosure Properties
Did you know that in 2007 when the real estate market bubble burst over 400,000 homes were taken back by the lenders? The number of foreclosures peaked at just over 1,000,000 in 2010. While the number of annual foreclosures has been declining every year since then there are still bargains to be found if you know where to look. This is where we can help as seeking out great values in foreclosed properties is our specialty. We currently have several foreclosed properties in our rental portfolio and can show you how to purchase them also. The time to purchase is now before the bargains are gone.
Renovating a property
Most foreclosed properties purchased to hold and rent will need some type of renovations. Knowing what you need to renovate and what will get you the most “bang for your buck” is important. Without proper guidance and experience you may spend more than you need to or renovate things that you do not need to spend money on. We will guide you every step of the way to make sure your property is renovated properly and in a timely manner. Remember - time is money!