The "Hidden Market" consists of all those distressed properties you have seen in neighborhoods where there is no pride of ownership. You know, the ones with high grass, peeling paint, overgrown bushes, etc. Usually they are in nice neighborhoods. They can be vacant or occupied, but none of them have for sale signs, no ads in the paper, not on the internet or MLS and because of this, nobody knows these homes can be bought. Maybe you pass by them every day and never even give them a second look.
In 2018-19, you may want to change your perception of these hidden gems. You see, as we came out of the great foreclosure crisis, and values started to return, so did the demand. Hedge funds were buying everything they could get. Canadians were coming into the market, and investors were coming out of the woodwork. Suddenly it seemed there was too much inventory. Listed properties were getting multiple offers and there is too much competition at the foreclosure auctions. Great deals are few and far between. There is always somebody that will pay a higher price than you.
The Hidden Market is the answer. There are hundreds of distressed off market properties that you can get at bargain prices because there is hardly any competition.. In the hidden market, you will find properties that are in default, but the foreclosure process has not been started. You will find properties where an owner has died but the heirs don’t have the desire or the funds to fix it up, you will also find distressed free and clear properties, bankruptcy properties and even homes with equity.
You simply must find a way to find properties that not many people know about. There are three options for profit in real estate that anyone can do to be successful;, whether you have money or not.
About Tony Youngs…
Tony began his real estate investment career after attending a seminar in 1986. By applying the techniques he learned, he was able to make a profit on his first deal equal to a year’s wages at his regular full time job as an aircraft mechanic. Tony found his niche III the foreclosure industry and has mastered the art of tracking and acquiring properties in every stage of the foreclosure process from pre-foreclosure to REO. He is the author of the amazing “Hidden Market” System, a system of finding and acquiring properties with no for sale signs, no advertising, no competition, whatsoever, and the “7 ways to profit from one foreclosure” system. These discoveries have earned him prestigious speaking engagements on some of the biggest real estate events in the world with audiences of 30 people to 80,000. Over time he has been involved in more than a thousand successful real estate transactions, he has negotiated with approximately 480 distressed property owners per year, averages close to 1000 property inspections, dealt with hundreds of loss mitigation departments, and since the great foreclosure crisis began in late 2007, he visits and makes 75 offers per month nationwide. He has attended foreclosure auctions in just about every state in the nation and established hundreds of contacts from cash investors around the country. Tony Youngs has been a featured guest on countless radio, and television programs and has contributed articles and information to several magazines and data collecting services, including Realtytrac.