hi not sure where to put this so i thought id put it here ,,,im very interested in becoming a property developer i have found some houses that only need cosmetic work done on them they are just under 40k i have found that people are putting in offers bmv and they are being exceptedim thinking of btl unless i can get a good price for it ,,i know a retired builder who can give advice as to where i can get anything i need from,, i watch all the programs of property d.i.y ,,auctions and developments you name it i have watched it ,,if there is anyone out there who is willing to give me a chance and for me to realise my dreems ,,any invester please get intouch
a. Bad states with high taxes, home ownerships, egregious fees, and liberal court systems and declining population b. Bad houses that are old and in declining areas c. Bad neighborhoods - don’t get fooled by “high yield.” High yields usually mean low-income areas. d. Dishonest sellers - always use attorneys or title companies e. Leverage- just because you can finance a property doesn’t mean you should.
What to look for in Real Estate
a. People you can trust and develop a long term relationship with b. Safety first: Visit properties or watch videos of the house and neighborhood c. Location- buy in the right region d. Location- Buy in a state that is pro-business with stable employment and future growth e. Location- Buy a quality house with curb appeal in a nice neighborhood
