Profit In Any Economy
By: GLENN DAVIS DOCTOR G
Regardless of the current state of economic growth, it is possible to create wealth and large profits in any economy. The real estate market is hit hard, but if you are fortunate enough to fall into certain categories, you can reap huge profit margins when it comes to a return on your investment.
Even in today’s economy, it is still feasible for a real estate bidding war to come to fruition. VIP and Celebrity-owned properties are often highly sought after. Proper marketing techniques will ensure a high yield property sale. Factor in custom properties that stand alone and have little or no comparative properties. Amenities aside, if you have something that is unique, you should hold out for a bidding war. My Estate, for example, is so unique, I have people driving by, then stopping to comment and take photos. If/when the estate goes on the market, there are already several prospects that have been waiting over a decade at a chance to buy/bid on the property.