good for you...you sure Detroit realty going higher next year?
thats the thing you fools who never did real estate don't understand
your not going to learn from books, you learn from doing and being around others who do it, and are making money at it
IT DOESN'T MATTER WHAT THE MARKET VALUE IS
It's about YOUR SPREAD
If I can get a house for a few thousand, I will sell to another investor for a grand or 1500 more than I paid, and let him deal with the property
he can fix it himself or he can still sell to another guy who rehabs owns for a cash profit
You don't have to deal with mortages to make money in real estate cash is king, plus fukk a realtor, real nikkaz only do private sells
rich nikkaz do Dollar Sales, so nobody knows how much they really paid for their crib for tax purpose
there's multitude of tricks to trade
I can close cash deals without even using money at all