Over the 32 years I have been buying and selling real estate, there have been many different real estate strategies that I have used. Some of them worked very well..
For example I had 4 properties that I leased optioned during 2004-2005 that I made money on, but the buyer of the option made $40,000-$50,000. The prices on the homes had went up that much during that time. Of course when the option on the home came due the buyer of he option closed the deal and made a lot of money. I also made a nice profit and had a lot of leverage to close the deal.
Having done 100’s of flips in two states Arizona and Ohio that has also made me and my clients good money. The key in flipping real estate is getting the equity position. I am currently getting one property through escrow and sold for a client. I met the buyers there yesterday with their parents. 2 hours there and they love the property. That is another way to make money in real estate.
Income real estate is also another way to do that. Leasing real estate and making great cash flow is every investors dream. The issue is the location of the income real estate and who is managing it. I talked to a client yesterday that I do business with that really appreciated how I manged his real estate.
Lastly you can become a bank with your homes and sell them on notes. This is my new approach that is very similar to my lease options. This way of doing real estate requires properties that you can get that have a very nice equity positions. If your in an expensive market like California probably will not work. I have the real estate that is does work in and the returns are very strong.
The new way of doing investment real estate, is a program I was introduced to by a very wealthy client. My earnings will be based on my clients net proceeds are on the real estate and I manage the properties for them. I will also be managing the portfolio’s to keep the assets moving in the direction my clients want. There are three ways that my new system works for you.