Displaying Archive For: Increasing Profit
Know The “Ins & Outs” of Rehabbing
June 2, 2010 by C.J. Lauria · 0
If you have a real estate home business you are likely procuring distressed investment properties. The expression “distressed” refers to the situation of the seller that has created an opportunity for you to acquire a lower-than-average purchase price. Inevitably, though, in these situations we encounter “distressed” conditions in the physical sense as well. This means [...]
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In 1988 C.J. Lauria began investing in income properties in the Sacramento, California market. By 1990, he had acquired 2 apartment buildings with good cash flow. Nonetheless, the ensuing recession and the subsequent effects on rents and property values provided some painful, but valuable lessons with wonderful results.