How to Make Money in Real Estate Without Doing the Scrunch Work
By Jeanette Joy Fisher
If
you don't have the time to invest working on fixers or if your
tired of working on fixers to make money investing in real estate,
try this method.
Many real estate investors make thousands of dollars on brand
new homes with little work. To test this money-making system
in your area, call new development home sales offices that have
most homes sold. Ask about their price for a 3 bedroom, 2 bath.
Ask how much this model has gone up since they were first available.
If this increase is a substantial amount, then this real estate
investing system most likely works in your area.
How to do the "new home" investing system:
1. Look for a new development with only a sales office trailer
and pre-construction site.
2. Pick out the model you like and the lot you want. Get a corner
lot inside the tract away from noisy streets. Avoid lots that
could back up to a major street someday.
3. Secure the purchase of the home with a deposit.
4. After completion of home and purchase, the home should have
appreciated.
5. Landscape using Design Psychology. Use colorful flowers that
attract buyers eye to the front door. Provide a separate walkway
to the front door so buyers don't have to walk around parked
cars.
6. Sell with Marketing Psychology. Stage the home with a few
props like lamps, plants, and mirrors. Turn on all lights.
7. Go to the bank and celebrate!
My friend made $50,000 on a $300,000 home with only $2,000 out
of pocket. My son's co-worker made $100,000 on an Orange County
house, with $20,000 invested for only three months.
Have fun, and make money, without the scrunch work!
(c) Copyright 2004, Jeanette J. Fisher. All rights reserved.
Jeanette Fisher, Design Psychology Professor, is the author
of "Doghouse to Dollhouse for Dollars: Using Design Psychology
to Increase Real Estate Profits." (The only book to reveal
interior design secrets to making top dollar in real estate.)
For more design tips and newsletter on buying, fixing, and selling,
visit http://www.doghousetodollhousefordollars.com/