Author Archive
Finding Your Fortune with Vacant, Distressed Properties
Posted on August 7, 2017 by
When I began my career as a real estate investor in 1985, I stumbled across a tremendous opportunity that most people still don’t know about to this day. Yet it has given my family and me a lifestyle we never dared dream we’d have.
I’m talking about investing in vacant, distressed, abandoned properties – a highly lucrative, yet little-known, segment of the market.
Vacant/Abandoned properties are just that – vacant. No one lives or works there anymore. Weeds may be collecting and taxes may be accruing, but in many cases the owner has already divorced himself emotionally from the property. And that means you could get an excellent under-market deal.
Where do you find these properties? Just look around. You probably pass right by them on a daily basis – and you could be passing up hundreds of thousands of dollars in profits! These properties have been vacant/abandoned for any number of reasons. Perhaps because of a divorce, an illness, a death in the family, or a job relocation.
A case in point… Read More→
Rehabbing For Bigger Profits
Posted on January 30, 2015 byA thorough inspection of the subject property will serve as a basis from which to begin the rehabilitation. Until you are experienced enough to perform this inspection yourself, it is wise to seek the services of a competent professional. Most contractors will give you a free estimate of repairs when they know they stand a chance of getting the job.
You may consider exercising your option to do the work yourself. In the beginning, it might be worth while to spend your time working on your properties, but as the number of properties you own increases, you’ll be better served to delegate your fix up work to some one else, while you focus on finding more deals. If you are going to do a fair amount of work on your properties, always keep in mind that if you’re not a plumber, electrician, roofer, carpenter or such, don’t try to tackle jobs that are beyond your skill level. Leave those jobs for the professionals.
Another word of caution. Many times you’ll find that a little cosmetic repair will bring a property back to life, thus saving you lots of money. It is important not to over-rehabilitate your project. If the property is in a low to moderate income neighborhood, the amount of money you spend on such items as flooring, plumbing fixtures, door hardware, etc. would probably be lower than that of a property in a high dollar neighborhood. Read More→
Abandoned Properties – One Of The Best Kept Money-Making Secrets
Posted on October 30, 2013 by
When I began my career as a real estate investor in 1985, I stumbled across a little known area of real estate that had the potential to make us a ton of money. This was an area of the market that went unnoticed by most people. This was the area of abandoned properties.
How To Profit From Abandoned Properties
You might pass these properties on a daily basis, but just never paid much attention to them. You could be passing up hundreds of thousands of dollars in profits! These are properties that the owner has walked away from for whatever reason. It could be a divorce situation, an illness, a death in the family, a job relocation, or any number of other reasons. Do we care why? Absolutely not! Don’t waste your energy trying to figure out why sellers do what sellers do. Read More→
Abandoned Properties Workshop with Reggie Brooks on November 16, 2013
Posted on October 24, 2013 byAbandoned Properties Workshop
Learn How You Can Make $10,000
in CASH in the Next 60 Days!
A Full Day Training Workshop with Reggie Brooks
Sat, Nov 16th – Crowne Plaza Ravinia, Atlanta, GA
Are you “too busy” like so many others, earning a living, to actually make money and become wealthy? There’s nothing wrong with working hard to make an honest living, but it’s not the way to get rich. Isn’t it time that you started making yourself rich, for a change? I won’t kid you though… you do initially have to do some hard work and put your heart into making a lasting change. The good news is, if you attend my upcoming workshop, follow my instructions and stay determined and focused, it can and will happen for you.
My name is Reggie Brooks and I am an international trainer, author, coach and an active real estate investor. On Saturday, November 16th at the Crowne Plaza Ravinia located at 4355 Ashford Dunwoody Rd in Atlanta, GA, I will be teaching a Full Day Workshop with Atlanta REIA on “How to Make Big Profits with Abandoned Properties” where I will teach you how you can make $10,000 cash in the next 60 days.
I will teach you how to find these abandoned and distressed properties, find the owners, and structure a transaction that is mutually beneficial to both you and the seller. You will learn how to “automate the process” of finding the property and the owners, thus creating a cookie-cutter type business where you get the abandoned properties “chasing you”, rather than the other way around.
My “Abandoned Property” training includes case studies of people who have used my Abandoned Property System and made very significant profits.
You Will Learn…
- How to make big profits using a unique niche in the marketplace – Abandoned Properties
- How to invest with no cash and no credit
- Insider secrets that the professional investors use to turn $15,000 profits into $50,000 profits and more
- Hot new tips and insights that the professionals use to find profitable deals, especially in today’s market
- Hidden cash producing secrets that even seasoned investors don’t even know
- How to uncover hidden value in properties that most seasoned investors overlook
- How to profit from properties that most investors consider worthless
- How to write your contracts to maximize your profits
- How to use creative financing to fund your deals
More of What You Will Learn…
- How to make offers on shadow inventory (bank owned property that the bank has not yet listed with a Realtor)
- How to buy real estate well below market value
- Why the bank’s loss is your gain
- How to locate distressed properties
- How to research and evaluate foreclosure properties
- How to calculate your profits
- And much more…
I have been working for years to instruct and coach literally thousands of students to achieve financial freedom. On Saturday, November 16th, I am conducting a full day class in which I will teach you how to capitalize on this ever changing real estate market. Yes, you can still make big money – especially now!
