Tis the season to find more distressed properties than ever before.
I have been investing in foreclosures & short sales since 2003. Over the last 6 years it has been a crazy ride but NONE better than right now. I remember having to "convince" sellers to short sale their house as if they had another option. Today we have sellers calling us saying "can you please short sale my house" If you ever wanted to get involved in the foreclosure industry you could not have picked a better time. While it is a buyers market and you will get better deals you will also have to sell at bigger discounts, but that's okay. You will aloso have deals that fall apart due to the market and buyers financing, HOWEVER there are so many opportunities out there to work that is does not matter.
This year we bought and sold over $50 million worth of real estate and 2009 will be even better!
My most successful 3 ways of finding good deals are:
1. Knocking on doors of people in pre-foreclosure
2. Mailing letter to people in pre-foreclosure
3. Contacting Realtors to buy their short sale listings or expired listings
Be sure to watch this short video clip below that will give you a feel for the content we teach at our Short Sale Certification Workshops