Articles For Aspiring & Active Real Estate Investors
Finding a property to wholesale or invest in is a tricky task for those getting into real estate for the first time. The truth is, real estate investors are always trying to find new ways to obtain the best deal, whether it's their first house or one-hundredth investment property!
One of the most reliable and consistent methods to land great deals is by focusing your efforts on acquiring distressed properties.
No matter what type of distressed property you're going after, many investors aim to buy something that needs work, improve it, then rent or flip the house to turn a profit.
According to research done by ATTOM Data Solutions, while the national house flipping rate dropped in 2020, the average gross profit increased to $73,766 profit per flip and has been hitting record highs since 2000!
While it does take time and resources to renovate and resell these kinds of properties, the return on...