We are in the UGLY house business!

There are a lot of different ways you can go about investing in real estate. 

After 20+ years and well over 1,000 transactions investing in all different types of real estate and testing out different methods of investing, we have chosen to focus mostly on investing in single family houses that need work because that’s what we are best at and it works extremely well for us in the area that we live in.

The ugly house business isn’t for everyone, but it is a great way to get started making money with real estate.

The barrier for entry is much lower and there is a lot of opportunity out there for people who are willing to take on this kind of work. In St.Louis, MO we are constantly buying houses for $30,000, $60,000, $100,000, etc. Very low barrier for entry which means just about anyone can get into this game if they’re willing to put in the work.

Speaking from years of personal experience: It is A LOT HARDER to buy pretty looking/more expensive houses at a discount. So there is a lot less opportunity for you to make a large profit in a short period of time with houses that don’t need much work. 

From what I’ve seen, the most successful investors in that space are playing much more of a long term game. The ones that try and quickly flip at that level have a much harder time making it.

Homeowners and other investors in this price range are usually richer, smarter, more stress tolerant, and have their life together. These people are usually gonna demand full retail value for their property if there’s no problems with it. And it is also much riskier when it comes to your margin for error. 

Your holding costs are going to be much higher, your marketing costs are typically going to be higher because you are trying to target a much smaller group of people that can afford these nicer properties, and you have to be careful when it comes to how you spend your money on rehabs.

I’m not saying that you can’t be extremely successful investing in this category of properties/people, but my recommendation to you would be to not get into that game unless you are already sitting on a good amount of money, because in a lot of ways it is a much harder game.

If you’re not sitting on much money, that’s okay! I highly urge you to get started right away investing in ugly houses because you need little to no money to get started, and your life can turn around very quickly once you’ve had a deal or two go through!

So don’t let not having money hold you back from getting started and building an amazing business that will set your family up for life!

If the ugly house business interests you, and you wanna start crushing it in this business RIGHT NOW, book a strategy session with me and my team here so we can help you recreate your life!

>>> Discount Property Investor Strategy Session <<<