Buying Properties at Wholesale Price
by Craig Miller on Jan.13, 2010, under All Posts, Knowledge, National, REALTOR Track
Want to purchase investment properties at wholesale prices? What if you don’t have the funds to do so?
As a licenced real estate agent, in the process of securing an LLC business license in Georgia, I can make it possible for investors to “pool” their money together, and with enough money, help those investors purchase real estate at wholesale prices. The reason we would get a wholesale price, because we will be buying in BULK.
Currently I work for a small investment group who buy properties to flip. We do not have enough money to buy in bulk, and are limited to only flipping property. With enough money circulating, a large group of investors (big and small), we could buy multiple properties at once and separate those properties into different types of real estate investing. This would successfully diversify our assets and create a steady profit. Not only would this investment group profit from the liquidation of assests (flipping properties), but receive returns based on percent of investment from rental properties and by the appreciation of properties which the group is holding.
So, you don’t have the funds to buy in bulk, no problem. Join a property investment group, like the one I’m forming now, and you won’t have to have the funds. Don’t have any money outside of your IRA? No problem, I can assist in turning your current IRA into a Self-Directed IRA.
This method to wealth building has extreme benefits. The real estate fund type of investment is based on income fundamentals, appreciation, and liquidity.
You may can call this the perfect investment, because with the right investors, the right real estate agent (one who will only take commissions on profits) and the LLC set up in the correct manor you will have a diversified portfolio using rental properties and flip properties, while having some serious assets on the increasing number of “hold” properties. The “hold” properties liquidated as needed, to pay off investors wanting out or to obtain other investment properties.
More on this topic in the future…
April 20th, 2010 on 17:48
Interesting and informative. But will you write about this one more?
January 20th, 2010 on 22:21
How much money does the Treasury typically print?
January 21st, 2010 on 18:30
I can’t say how much they “typically” print…. but last year the banks got a ton of money to bail them out. How much do you think they printed for that? A trillion?