Niches That Bring Your Riches: (FSBO) For Sale By Owner Properties

FSBO

I am currently doing a series on my blog covering a little about each of the types of niches you could consider when investing in real estate.  Go here to go to the beginning of this series.

  • Description of niche:

FSBO is an acronym for “For Sale By Owner.” The term is used to identify property, usually homes, which are sold by the owner without help from a real estate agent. Typically, owners advertise their properties by means of websites, classified ads, word of mouth, and other means.

  • Why this is a good niche to consider?
    • Calling homeowners is free.
Read the rest

Niches That Bring Your Riches: Investing in Expiring MLS Listings

I am currently doing a series on my blog covering a little about each of the types of niches you could consider when investing in real estate.  Go here to go to the beginning of this series.

What are expiring MLS listings?

  • Description of niche:  Contacting real estate agents with listings that are about to expire and make a discounted offer to purchase.
  • Why is this a good niche to Consider?
  • Working with motivated Realtor to influence a motivated buyer
  • Buying below market value – wholesale
  • What are the downsides of this niche?
  • Need to find a realtor that is
Read the rest

Niches That Bring Your Riches: Purchasing Property From Estate Filing Bankruptcy

Petetion to File Bankruptcy

I am currently doing a series on my blog covering a little about each of the types of niches you could consider when investing in real estate.  Go here to go to the beginning of this series.

Purchasing property from a bankrupt estate can be a road to long-term gain. The process takes firm resolve and a large measure of patience.

However, today the number of bankruptcies is staggering. Therefore the pot is full of leads. Look at these numbers ….there was 1,367,006 bankruptcy filings in just the past 12 months and another 1,641,127 in pending status.

  • What is Chapter
Read the rest

Niches That Bring Your Riches: Probate

I am currently doing a series on my blog covering a little about each of the types of niches you could consider when investing in real estate.  Go here to go to the beginning of this series.

  • Description of niche:
    • Probate is the court supervised legal process that includes determining the validity of your will, gathering assets (including real estate), paying debts, taxes, and the expenses of will administration, and then distributing the remaining assets to those persons entitled to them. This process commonly takes a few months to a year.
  • Why this is a good niche to consider
    • Bargain
Read the rest

Niches That Bring Your Riches:Absentee Owners

I am currently doing a series on my blog covering a little about each of the types of niches you could consider when investing in real estate.  Go here to go to the beginning of this series.

An absentee owner is an owner that does not live in/on their property; most absentee owners utilize the services of property management companies to take care of their properties for rent. These types of owners, can turn out to motivated sellers and are the most obvious. A lot of the time, they are also the most overlooked motivated sellers on the planet.

  • Why
Read the rest