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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Micawber who wrote (304193)2/12/2011 12:12:55 PM
From: Jim McMannisRead Replies (1) | Respond to of 306849
 
I'd say both but he is likely counting the difference between purchase price and alleged value. Kind of like counting your chickens before they are hatched.

No doubt you can find some distressed properties, fix them up, rent them and flip...if you look far and wide and know the market.

Of course you'd have done pretty good in the stock market with a lot less worry and work.



To: Micawber who wrote (304193)2/16/2011 2:10:32 PM
From: John VosillaRead Replies (1) | Respond to of 306849
 
'Or both?'

Well usually if you want to buy way below retail it is quick cash, as is, no contingencies usually bought at auction. You won't find any clean,move in condition homes in MLS way below market.


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