Fears Chapter 6 ** “Will You Buy Below Market Prices?” ** ** “Non-Sucker People” ** ** “Unfucked People” **…
Fears Chapter 6
** "Will you buy below market prices?" **
** "People not suckers" **
** "People are not screwed" **
** "Why don't Americans do it themselves?" **
True, there are quite a few Americans who do it themselves and there are also foreign investors like us who buy assets.
Many Americans do not want or know how to manage the property and for some it is one big headache.
Sometimes, and as in any market, there are people who really want to sell due to divorce, sickness, just inherit a house they don't have the power to manage or maybe just prefer cash
They may not even know that the grandmother in another state died and no municipal taxes were paid until the house was neglected and foreclosed.
There are also cases where the mortgage is unpaid and there are still houses belonging to the banks.
Sometimes even investors do not appreciate the renovation and run out of money ..
In such places, we want to get into the picture quite a few times buying below the market price from the banks, the provincial tax authorities, including sellers with a high motivation to sell.
** "And if you want to sell, what will you do?" **
** "How will you sell overseas?" **
So, like the process we bought, we sell through a local broker, you can use the management company or the various networks like this forum and find the people to help us, one of the great things about investing is that investors love to help each other.
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I wish you know what a coward I am? 🙂
You really covered all the possible fears, inhale