Monday, November 11, 2013

Working From Home in Real Estate - Make $100,000 This Year From Tax Foreclosure Property

Working from home in real estate is something anyone can do, as long as they're willing to learn and work. The profit potential with real estate - especially tax foreclosure property - is through the roof, and you could easily make $100,000 your first year out. Here are two ideas to get you working from home in real estate in no time.

Turn $200 into $20,000 With Tax Foreclosure Property

You may be under the impression that you need a lot of money to get started investing in property. That's not the case at all. You can get tax foreclosure property for as little as $200 by approaching the owners after their property has already been "sold" at tax sale. During the year redemption period after the auction, owners that haven't redeemed the property will need to sell quickly.

The best thing about these properties? They almost never have mortgages attached to them. Mortgaged properties almost always get bailed out by the bank.

You can often pick up deeds to these properties for as little as $200... and turn right around and sell, even to another investor, for a profit of $20,000 or more. This method is known as "deed grabbing," and it's one of the best ways of working from home in real estate.

Find Tax Foreclosure Property Overages and Make Up To 50% on Each Collection

The tax foreclosure property you try to buy from owners has often created an overage that they are entitled to. If they end up letting the property go, they can claim that overage - but almost never do, because they don't know it's there!

Your "working from home in real estate" job here is to find these overages and reconnect them with their owners. By working like a lawyer, on contingency, you get paid when the money is released instead of taking an upfront fee for your information. But in return, you collect 30-50% of the claim. Want to make $5,000 a week? Only work claims of $10,000 or more and close four of them a month. There are so many overages out there, this is possible to do.

Working from home in real estate is easy, fun, and very profitable if you know what you're doing. Take the time to learn these methods and take advantage of the huge number of foreclosures out there now - before someone else does!

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