The Best Real Estate Investment Deals Are Created
A common question new real estate investors often have is how do more seasoned real estate investors find good deals? Well the answer is that they don't. Great real estate investors create the best real estate deals. Trained real estate investors see deals everywhere and know how to make the most of them. This is why the best real estate investment deals just don’t exist floating around on the market waiting for someone to find them, but they are created by experienced investors on the hunt.
Skilled real estate investors know when the market is high and use one specific set of strategies for that c circumstance. Whereas when the market is low, we use another set of strategies to get the best deals. Skilled investors find opportunities in both high and low markets because there's always money to be made. Many of our deals come from our network of realtors, websites, lawyers, property management companies, other investors, wholesalers, etc. These special deals are usually off the market and thus someone else without our connections would not know about it. The more contacts you make and have in your network, the more deals will start becoming opportunities for you.
The key to creating a good deal is being able to add additional value to the investment so that it appreciates from when you first purchased it. This can be done through cosmetic renovations, such as adding an extra bedroom bathroom, creating a livable basement, upgrading kitchen appliances and the like. These changes will enable you to sell the property for more than you purchased it for, and if you’ve played the game well you will see a return on your investment leading to an overall profit.
As an experienced REI company, we get great deals coming to us daily. Our priority is now to analyze all deals and pick the ones that will have the greatest value and profit, take less time and effort, and will align with our mission in the best way. If you want to be a part of this and get an inside scoop on the real estate investment world check out CADMEN Properties.