Once in a life time opportunity to take advantage of depressed prices to make money investing in real estate.

Recent examples:

• Client A invested $45,000 to achieve an operating profit of $8,000 per
year or 18%.ROI and purchased a property for $35,000 cash that sold for $167,000 in 2006.

• Client B invested $52,000 to achieve an operating profit of $11,000 per
year or 21% ROI and purchased a property for $35,000 that sold for $170,000 in 2006.

• Client C Invested $50,000 to achieve an operating profit of $12,000 per
year or 23% ROI and purchased a property for $180,000 that sold for $390,000 in 2006.

Formula for our success:

• Rent until prices recover.
• Locate properties where the price has declined more than the
market.(normally repossessed or short sales).
• Develop a realistic P&L considering closing, renovation and operating
costs.
• Know the town, neighborhood and street.
• Have adequate cash to purchase low cost properties, large down payment
and renovate.
• Purchase property.
• Renovate as required to taste of target tenants.
• Careful vetting of tenants.
• Allocate personal time to managing the property of hire a professional
management company.
• Use Experienced Professionals.

If you want to know more call Steve Reilly, Higgins Group at 203-246-7372 or email swreilly@swreilly.com

Regards, Steve Reilly
Higgins Group
Best Practice Real Estate

 

Suggestions for Landords

Realty Times Article January 15, 2007

 

If you are an investor who would like to add a real estate component to your portfolio call 203-246-7372 or email swreilly@swreilly.com.

 

 

Stephen Reilly

Best Practice Real Estate ©

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