Re: Ask me about real estate investment?
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GittyUp,
What market/city are you investing in right now?
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I mainly invest in Florida. Right now Florida has one of the worst real estate markets out of any area because it was the most inflated in the past. Thats said there is still a lot of opportunity to make money.
Right now I usually try and purchase property for 50-60 cents on the dollar and rent or lease to own. The rental market and sales market are often counter cyclical and people with bad credit love the lease to own option. I don't mind if they default it essestially reverts back to a rental then.
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