Flipping and Quickturning REO and Foreclosures for Fast Cash
Copyright (c) 2009 Duncan Wierman
With so much attention on the housing market these days, it might be easy to believe that it's not a good time to invest in property. Every news report you hear says something about how terrible the housing market is. However, the smart investors know that this is the perfect time to get involved in real estate.
You have probably heard the timeless investment adage of "buy low, sell high." Now is the time when real estate prices are as low as they are ever going to be. They will obviously rebound in the near future and the investors stand to make a lot of money.
There are a lot of different ways to make money in the real estate investment market. You could buy a property and turn it into a rental, buy and hold real estate, or you could quick turn it for fast profit.
One of the hottest trends in real estate investing today is a method to quick turn (flip) bank owned real estate (REO). This techniques involves finding deals on the MLS, then making an offer to control the property, while at the same time finding a buyer ready to purchase faster than an agent can.
The secret of success in this industry is finding the best deals available fast. When you can find the really cheap houses that a bank wants to get rid of, then you will stand to make a good deal of profit. As it turns out, the best source for these great deals is your local Multiple Listing Service (MLS).
Right now, there are so many foreclosures on the market, it's unbelievable. The banks own these and they would love to get rid of them. However, finding the right banks to deal with can be a challenge. This is where specialized software is taking over and automating everything for the investor to make their life a lot easier.
there are software programs that have become available that automate the entire process from finding hungry buyers, finding targeted motivated banks who want to some houses cheap, and then even making multiple offers based on prices what the investors are looking for in the way of a deal..
Everyone in real estate knows that its a numbers game. Some banks are difficult to work with and they just don't deal. This is where software automation comes in. When you automate your real estate business, it will enable the you to succeed much faster, because it lets you determine which banks really want to make a deal for their property. You can weed them out immediately and find the banks that you want to work with. Making massive offers fast means massive amounts of money faster!
Duncan Wierman is a former Software company CEO turned Real Estate Investor and Marketer. Discover how you can use software to automate your business and make quick cash. For more details on how his software can help you make massive amounts of offers and automatically send them via email, fax and text alerts , please visit http://www.RapidOfferGenerator.com
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