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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

If you’re not, get licensed in property management if your state requires it and start pitching builders and developers. But if they’re needing to leave the area (say in the case of a military permanent change of station move or new job) you might offer to manage their home as a rental.