Holy shit - buy foreclosure homes
I just got back from a 16-hour long trip to Sacramento, one of the top 10 cities in US with highest foreclosure rates on homes. All I gotta say is… if you’re a real estate investor, BUY NOW.
I just saw a TON of REOs (i.e. banks owned by banks due to foreclosure) that sell for… *drum roll*…. $100K!!! Yes, ladies and gentleman. Friggin’ $100k to buy a complete 3/2 house with 2 car garage! And they’re not in horrible shape either or in ghettos. They’re nice homes in decent areas!
Sure you might say “who da hell wants to live in Sacramento?” Well, that I have no answer for, but it IS the capital city of California. Heck, you might even have the Governator as your neighbor.
Wow. Buy now folks. Buy now. And if you’re too lazy to go over there, talk to me. Oh yeah, attend this home auction too.