Real estate profits abound in fixer-uppers

Future-Proof: Navigate Threats, Seize Opportunities at ICNY 2018 | Jan 22-26 at the Marriott Marquis, Times Square, New York

Ask any experienced real estate agent, "What is the most difficult type of house to sell?" The answer will probably be "a fixer-upper house." The reason is most home buyers want to purchase a residence in near "model home" condition. Just turn the key in the front door and move in. That's the goal of most home buyers. Purchase Bob Bruss reports online. However, savvy buyers who want (1) a nice home to live in and/or (2) a profitable home purchase consider buying fixer-upper homes. Of course, these unique home buyers are usually bargain hunters who expect to pay considerably less than fair market value if the home were in near-perfect condition. WHAT IS A FIXER-UPPER HOUSE? Fixer-upper house profit opportunities come in all shapes and sizes. If I had to define a fix-up house, it is one which has been allowed to deteriorate in physical condition below neighborhood standards. As a long-time investor in this type of property, I've bought sound, well-located fixer-uppers, which only n...