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Property Types A, B, C And D
One of the biggest problems individuals just starting out have is the type of property they look for, and working outside their immediate area. One of the constants around the country and for every state, is that there are the most desirable areas to live and the least desirable; and then those that fall in between. The most desirable areas are those that everyone wants to live in. They are type A property. We all have those areas in our cities. The Northwest, Southwest, Northeast and Southeast, etc. Obviously our first preference for lease purchase property is the most desirable. However, what if, like in many areas of the country, those type A properties are getting multiple offers. Are you really going to be able to do a lease purchase with them. Probably not. So what do you do. Well you move on to the type B, C and D property. Will some of these properties be outside your area, yes, they will; however, like in any business, when your main source is slow, you open yourself up to other areas. This does not mean you work in war zone areas. Lease purchasing is not going to work there. Type B property is the next area that is most popular. Still in nice neighborhoods, however, not quite as new or as expensive as type A. Type C and D property are located in blue collar neighborhoods, and the property is older. The difference between C and D is the price and the size. Most type C's are still you're bread and butter property (3 bedroom, 2 bath). Type D are 2 bed, 1-1/2 baths or 2 bed, 1 bath. Will it take you longer to move type C and D. You bet it will. Will you make less money on the assignment fee? Yup. However, $1000 or $1500 is nothing to sneeze at. Many times there is more of this type of property available, which allows for multiple deals, that can add up very quickly. So be sure to check out the B, C and D property in your area, so you are ready to work with them if you need to. For those of you that need concrete examples of types A, B, C, and D properties. In Las Vegas, Green Valley and Henderson were type A areas. The Northwest area further out was type B. The older section of the Northwest and the South was type C, and many areas of North Las Vegas were type D. In Fresno, the NW and NE areas are type A, with many of the older areas type B. Type C and D are the SW and SE. Copyright DeFiore Enterprises 2001 Interested in having your own successful, home based creative real estate investing business? Chuck and Sue have been helping folks start successful home based businesses for over 19 years, and we can help you too! To see how, visit http://www.homebusinesssolutions.com for the latest FREE tips and tricks, educational products and coaching in creative real estate investing and home based businesses. No time to visit the site? Subscribe to our "how to" Home Business Solutions Digest, it's like having your own personal coach: mailto:subscribeHBS@homebusinesssolutions.com
MORE RESOURCES: How real estate commission changes could affect buyers and sellers The Washington Post Real estate experts share a message for home buyers as they predict rising home prices through 2025 Fox Business reAlpha Tech Corp. Launches Claire, Real Estate's First AI-powered, Zero-Commission Smart Buyer's Agent Yahoo Finance Judge Approves $418 Million Settlement That Will Change Real Estate Commissions - The New York Times Blackstone's Beleaguered Real-Estate Fund Stems Exodus The Wall Street Journal $5 billion real estate firm St. John Properties opens office in Plano The Dallas Morning News Agencies' headquarters in DC remained 'nearly empty' in 2023, real-estate board finds Federal News Network Top 23 real estate apps for agents in 2024 HousingWire The East End Real Estate Market Report: 1Q 2024 Corcoran Inhabit Just $5.4B in U.S. Office Real Estate Sales in Q1: Report Commercial Observer Public records: Muskingum County, Ohio, real estate transfers Zanesville Times Recorder A Recent Settlement Could Change the Way Real Estate Agents Are Paid Milwaukee Magazine Danielle Lombardo Appointed as Chair of Real Estate, Hospitality, and Leisure Division at WTW - Risk & Insurance Workers Comp Forum Inked: Recent LI real estate deals Long Island Business News Collins: The changes in the real estate industry you need to know - San José Spotlight San José Spotlight real estate market and insurance Sacramento Appraisal Blog Law Firm Real Estate Report Law360 The Top 3 Real Estate Stocks to Buy in April 2024 InvestorPlace Reversing the Real-Estate Doom Loop Is Possible. 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The Wall Street Journal Real Estate Roundup: 'The Cove' in Hume sells for nearly $19M and more Fauquier County transactions Fauquier Now New national real estate scholarship goes to local youth ECB Publishing Real Estate Transactions: April 26, 2024 The Recorder 9 Ways Rich Real Estate Owners Save Big on Estate Taxes Business Insider Ask The Expert: Vienna shares updates on real estate relationships, fees Niagara Frontier Publications The Folly of China's Real-Estate Boom Was Easy to See, but No One Wanted to Stop It The Wall Street Journal Home in Silver Hills North an oasis in Prattville | REAL ESTATE Montgomery Advertiser Century 21 Four Seasons Realty expands commercial real estate services Bonner County Daily Bee Yo La Tengo, Real Estate and more to perform at Woodsist Festival in Accord in September The Daily Freeman @properties Christie's International Real Estate Taps Industry Leader to Expand in Fort Worth - CandysDirt.com CandysDirt.com Real Estate Minute – 04-25-2024 KFDX - Texomashomepage.com JWB Real Estate Companies Announced 2024 Home Giveaway FirstCoastNews.com WTLV-WJXX Florida & Texas Housing Market Slowdown: Prices Stall as Inventory Piles Up Norada Real Estate Investments New Mexico SIC commits $250m to real estate funds IPE Real Assets Top residential real estate sales for April 8-12 in Sarasota, Siesta Key, Palmer Ranch, Osprey, Nokomis Your Observer Real Estate Report: Mortgage rates see new high above 7% Hawaii News Now Rockford Is Now America's Top Housing Market After an Improbable Turnaround The Wall Street Journal Homes for Sale in New York and Connecticut The New York Times Anywhere Real Estate Inc. (HOUS) Reports Q1 2024 Financial Results Amidst Market Challenges Yahoo Finance 200 Housing Markets Are Predicted for Price Decline: Zillow's Report Norada Real Estate Investments Business Brief: Local Agents Honored by Weichert Real Estate Affiliates, Inc. for outstanding performance The Commercial Dispatch Prominent Properties Sotheby's International Chatham Borough and Chatham Township Real Estate Report TAPinto.net Real Estate Development Firm Seeking Community Input For Honey Creek Road Property in Rockdale County News-Daily.com Rockford Shocks Nation: Now America's Hottest Housing Market Norada Real Estate Investments First-ever rural-focused Real Estate Development Boot Camp aimed at emerging housing developers Second Wave Michigan Real Estate Development Firm Seeking Community Input For Honey Creek Road Property in Rockdale County Rockdale Newton Citizen Top Transfers: 65,000 sq. ft. Dublin property sells for $7.85 million The Columbus Dispatch Milwaukee Tool's downtown office named Milwaukee Business Journal's Real Estate Awards Project of the Year ... The Business Journals Final Offer Launches in Canada Bringing Transparency to the Canadian Real Estate Market Yahoo Finance Manhattan Real Estate Update: "Embrace the Boredom" westsiderag.com Pro boxer Caleb Truax retiring to become Twin Cities real estate agent - Minneapolis / St. Paul Business Journal Minneapolis / St. Paul Business Journal Real estate transfers GoDanRiver.com Main Line estate once home to Campbell Soup heir heads to auction - Philadelphia Business Journal The Business Journals Middlesex County Real Estate Market Shows Robust Growth Amid Favorable Economic Conditions TAPinto.net Nearly 30% of $32M project by N.C. A&T Real Estate Foundation, Cone Health already paid for through tax credits ... Triad Business Journal As RREAF CEO Kip Sowden weighs future, son Graham waits his turn The Dallas Morning News Pending Home Sales Ascended 3.4% in March National Association of REALTORS® |
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