There is no doubt that the site does not matter and does not include only the state in which you invest, but in any city or neighborhood or even the road and many, but today this big question is Whether it is to continue looking at deals locally or to start searching for markets further.
What about her There are huge disparities in the American housing markets today. In some areas, such as Sacramento and San Diego, home prices in California have increased in double digits and sales of endangered real estate are declining dramatically.
In other parts of the country, the rates of foreclosure are increasing and the new deposits are almost 100% higher, while home prices remain below. This is important for those who focus on wholesale real estate business to find out the difference between profit margins and net profit.
Maximizing net profit and real wealth is the difference that real estate can be bought and sold quickly. By focusing on the dollar amount from the spread, investors can achieve a lot through less work, instead of focusing on large size and percentage.
All these homes do not have sales signals on them or the courtyard can be overthrown, or even listed as REO, but they are there. It does not matter whether the local market is going into recovery phase or is still entering, and there are funds which can be converted into flipping houses. Fortunately, there are many ways to go to foreclosure auction or to find them without going to the President in the bid war.