“Most of the biggest real estate fortunes were not made in good times, but in bad times like this” Barbara Corcoran reminds us in this talk with NBC.
It’s important perspective for Americans wondering how to invest in foreclosed properties without losing their cash or their credit rating.
In the 4-minute interview, Corcoran quips on the basics and the essentials of foreclosure investing,
She also lends some personal perspective to rent rolls, the cost of losing a tenant, and finding a good business partner.
Banks are anxious to sell their foreclosed homes and that makes this an ideal time for shrewd real estate investors. If you’re new to the game, watch the video and take good notes.