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Home business solutions your guide to home based businesses andHome business real estate. Bate estate that I had purchased at $450,000, and made a whopping $352,240 profit. Divorce Real Estate Another great way to find cheap houses is by targeting divorce sales. Did you know that 1 out every 2 marriages in the United States ends in divorce? When a divorce occurs, usually the couple’s marital property needs to be sold fast and for less than market value because of a judge’s order to liquidate and divide a couple’s assets immediately. A new real estate investor can make lots of money by investing in divorce properties. I purchased the property that I live in for $760,000 and it is appraised at $1,550,000. This was a divorce property that I had purchased by targeting the divorce real estate market. Tax Foreclosures Tax foreclosures are real estate foreclosures that have been foreclosed upon by a municipality or city due to the homeowner’s inability to pay the real estate taxes on their home. If a homeowner does not pay their real estate taxes, the city will either foreclose on the property themselves or the city may sell the taxes in the form of tax liens to other real estate investors. These unpaid tax liens are called tax lien certificates. By investing in tax lien certificates, a real estate investor can either make 16%-25% return on their investment or foreclose on the property for less than 10% of the market value. It’s a win-win situation for a real estate investor. My tax foreclosure course explains everything you need to know about investing in tax foreclosures. Tax foreclosure investing in my opinion is the best form of real e![]() |
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