Thursday, July 7, 2011

Buy Low and Sell High

Yes this is the world's most obvious statement to an investor.

But the trick is knowing what is "low" and what is "high".

We liked this article by Paul Breden at Bigger Pockets. He describes an excellent strategy for knowing prices in the real estate market. At BuyWisconsinLand.com we too, want to see our customers buy low and sell high, so we use the latest technology to make sure we know where our local real estate market is, and can help you have a smooth and profitable real estate transaction.
OK - so you already know that "Buy low - sell high" is a workable strategy. How, then, do you identify the property with the lowest potential purchase price?

There are two sources of pricing information. Both are available to the general public, and both may be available online. The first is current asking prices for the type property you are seeking. The second is accurate recent sale prices that other sellers have accepted. The difference between the two can be significant.

Full Story "Buy Low Sell High" Not Just A Cliche'!
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