Buying Wholesale Properties in Boston
As an investor in real estate, either beginning or seasoned, you may have heard about buying wholesale properties but been a little unclear as to what exactly they are and why you should buy them. Well, be confused no more, as the following frequently asked questions should help clear up the haze.
What are wholesale properties?
Although you may be used to the definition of wholesale that implies buying in bulk at one price and reselling each piece at a higher price, the definition of wholesale property is a bit different. There are actually several different ways that wholesale properties work.
The first way is when real estate investors find a property at a good price and then negotiate an even better price. Then they bid on the property and put earnest money down to secure their bid. Now the real estate investor seeks others who want this property and solicits a slightly higher price. Ingenious, no?
Another common method of investing in wholesale rental property is when you band together with other investors to purchase a property and the investor than brokers a deal.
Why are wholesale properties a good investment?
Boston wholesale properties for sale are a good investment because you can often save money over a traditional real estate transaction. Many potential real estate investors are spending all their time looking in traditional channels for income property—places such as classified listings and MLS services. While there may be many properties for sale at decent prices through these services, it's also where most people are looking which drives the price up significantly. And because there is so much interest in real estate, competition is fierce. It's much better to look for wholesale properties real estate properties for investors.
What are the best wholesale properties for sale?
As with all real estate, the best wholesale properties for sale are those that are offered at a bargain price in order to give you the most income producing potential.
Where can I buy properties wholesale?
You can find wholesale properties for sale on our website, www.myhousedeals.com, where we have exclusive listings. As a subscriber, you'll have a huge advantage over other Boston investors looking for real estate properties. While everyone else is pouring over the same MLS listings in the daily paper, you'll have access to the best wholesale properties and deals.
Where is the best place to find information on wholesale properties?
At www.myhousedeals.com we feature several new Boston wholesale properties each month. In fact, we guarantee to list at least 15 new deals every month. And we also guarantee that each wholesale property will have at least $15,000 in equity or spread.
I'm sold. What's my first step?
Click the button below to sign up for our exclusive listings of wholesale properties for sale. Before you know it, you'll be ready to buy properties wholesale and be on your way to a lucrative real estate portfolio. Isn't it time you began to build the real estate business of your dreams? Buying wholesale properties can ensure your financial future.