Why Right Now Is The Best Time To Start Flipping Houses
There are millions of people that have lost their jobs but I believe there are more who would like to quit but simply can't because of 3 main fears.
As I write this, homes are selling for more than 50% of the market value and its gets worst than that.
I've seen 2 homes sell for $9,000 in my market.
Now this sounds like a crisis but in reality, this is a dream for investors who are looking for ways to use their money to make more money.
See saving money in banks to get interest is not popular right now because they are paying only 2% - 5%.
They could use that same money, buy some rental properties, rent them out and get almost 15% ROI or basically, a lot more than they would with any bank.
Instead of it taking almost a hundred years for them to get their money back, they can get their money back in 5 years.
Sometimes less depending on how good of a deal you, the wholesaler, can get them.
Now the reason you need to start flipping houses now is because investors are looking for these deals to throw their money in because of the ROI and the tax breaks.
Many of them don't know how to get these great deals so that's why its important to educate yourself with ebooks, ecourses and blogs like mines below and learn the business like the back of your hand so you can feed them multiple properties.
If you have the good deals, they will come so start flipping houses now because we may never have a market this good again.
- Fear of the unknown
- Fear of Failure
- Fear of not being able to pay bills and support family
As I write this, homes are selling for more than 50% of the market value and its gets worst than that.
I've seen 2 homes sell for $9,000 in my market.
Now this sounds like a crisis but in reality, this is a dream for investors who are looking for ways to use their money to make more money.
See saving money in banks to get interest is not popular right now because they are paying only 2% - 5%.
They could use that same money, buy some rental properties, rent them out and get almost 15% ROI or basically, a lot more than they would with any bank.
Instead of it taking almost a hundred years for them to get their money back, they can get their money back in 5 years.
Sometimes less depending on how good of a deal you, the wholesaler, can get them.
Now the reason you need to start flipping houses now is because investors are looking for these deals to throw their money in because of the ROI and the tax breaks.
Many of them don't know how to get these great deals so that's why its important to educate yourself with ebooks, ecourses and blogs like mines below and learn the business like the back of your hand so you can feed them multiple properties.
If you have the good deals, they will come so start flipping houses now because we may never have a market this good again.
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