4 Criteria to Make Massive Profits From Absentee Owners!
Listen; before you read any further go grab a pen and pad of paper, because this is going to be one of the most valuable articles you've ever read. You're going to learn how to dominate your local niche of absentee owners and easily make six figures a year from this group.
Now, I'm sure that you know there are several niches you can target such as absentee owners, free and clear, bankruptcy and probates. Here's why the most profitable niche to target is absentee owners:
1. There are many statistics which show the average landlord lasts only 3-5 years. This means that there's always going to be a huge number of landlords wanting to sell their property (this large turnover means money in your pocket).
2. Most landlords are amateurs and have no idea what they're doing. They buy their first rental property as dollar signs dance through their head. They quickly realize they needed to treat the rental as a real business. Perhaps they didn't screen tenants very well, or perhaps they've had a vacant property for months. Whatever the reason, the rental property quickly turns into a nightmare and they want to quickly off load it to someone like you.
3. Since landlords don't live in the property they have very little emotional attachment to it. They didn't raise their children there and spend the last 25 years in the house. Because they're not emotionally involved it's much easier to do business with them.
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Investing with the Stars
4. As we know, during the boom several years ago, 25% of home purchases were second houses. Right now, there are hundreds of thousands of landlords who you could be assisting.