Distressed Real Estate Flipping
Buy distressed properties with unique situations (fire damage on the street, government interest in purchasing, environmental issues) at steep discounts. Research government programs and departments (like Department of Interior) that may want to acquire the property at higher prices. Use the information asymmetry about future neighborhood improvements (new houses being built) and government buyout potential to secure deals that are essentially free houses with tied-up capital.
Startup Budget
$20K – $200K
Difficulty
Advanced
Business Type
Offline
Location
Suburban
Time Commitment
Part-time
Revenue Potential
$50000-$500000+ per deal
Skills Needed
Watch the Full Breakdown
Watch on YouTube — Chris Koerner
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