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Distressed Property: What It Is And How To Invest

AAOA

However, depending on how neglected the property is, it may require you to undergo substantial rehabilitation work. Probate Sales: With probate sales, people sell properties as part of estate settlements after the owner has passed away, oftentimes to distribute assets among heirs.

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8 Red-hot Real Estate Niches That Can Double Your GCI in 2024

The Close

When I was an agent in New York City, I made $1,500 to $3,000 per closed rental transaction. Agents who worked high-end exclusive rental listings sometimes collected five-figure commission checks from one closed rental deal. The first step is to familiarize yourself with the probate process.