Friday, October 15, 2010

Playing the market

No. Not the stock market.  We are always on the look out for property in our home town that is cheap.  Free Foreclosures are the best way to keep up on that market.  On the internet you can search for free, no fee to pay for a search of homes in your area.  Many sites charge a fee, or offer you a free trial, but why use them when you can get the info here for free!  We want to find a great small place that we can fix up and use for a bit, then maybe rent it out.  Of course we don't want to spend and arm and a leg to get it, so I watch for free REO foreclosures on the internet, and through a local agent.  If you are patient and keep your eyes open there are deals all around.  You can find them for your own town, or one that you are keen on.  Though the real estate market is not what it used to be, if you are smart with your purchase you can be profitable.  The flipping that was so common a few years back is not the way to make your money though, I think the way to go is buy low, fix and rent small places in a great town.  Real estate owned foreclosures are all around in every town in this great land you can find foreclosures, from big to small, rural single family to city apartments, they are all around.  Keep your eyes open for great deals, and perhaps you can be a real estate tycoon with all your rentals.  A girl can dream right!?

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