We’ve talked about many different way to invest your money to work for you. real estate is the biggest ways you can invest money to work for you. Owning rental or vacation rental properties are great vehicles to increase your passive income as well as your net wealth. I going to discuss one of the many tools that are out there to find the property that is right for your size investment and your family’s needs for financial security.
You can go ahead and get with a realtor to find you the right property, but it will take a lot of leg work to find what you’re looking for, At Foreclosure.com, you can do most of the leg work right from your desk chair without spending a fortune on gas to run around town. Foreclosure.com is a website that offers real estate services to help find what’s right for you. Search for properties in you area, see what they’re worth and see what the bank or the owner need to get out from under this home. They offer a FREE 7 day trial to use their website. Click the link below to get started. It will open in a new window so you can refer to this tutorial.
Now you’re ready to go searching for some great investments. Go to the home page, type in the city you are looking to invest in and click “SEARCH”. The next page will show you searches for the city selected. Across the top is the section where you can input details to you are looking for (bedrooms, baths, price low and high). Once completed, click “SEARCH”
As you can see you are given many great details of the property, address, selling price, square footage of home, size of the property, etc. They typically add one picture to you to see the style of home it is, but not all of them unless you’re a paying member. That’s fine because you want to know numbers and value right now. Remember, this is an investment, so don’t get emotionally attached to it.
On the same page there is a section for “Tools”. Ranging from site tools to keep track of your searches to learning tools to get a better idea of what needs to be done in this business along with a slew of mortgage calculators to see if the numbers will work for you.
You can take the FREE 7 day trial or sign up as a full member. As an investor, I recommend trying the service out first for a few days to see if it fits your needs. Then if you wish to continue, just do nothing after the seven days and they will apply the monthly charges to the credit card you provided when you opened the account.
