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You are here: Home / Benton County Real Estate / Bank Owned Properties Are Money Makers by Bentonville Realtor Cody Burnett

Bank Owned Properties Are Money Makers by Bentonville Realtor Cody Burnett

October 31, 2011 By Cody 5 Comments

Turn Flat Stocks/Cash To A 20% ROI By FLIPPING HOMES

If you could buy a car that you know is worth $20,000 for $10,000 would you do it?  I most certainly would. That is exactly what is happening with some of the houses for sale right now in our area. Some of these bank owned homes can be bought for half of their retail value. It does not take a rocket surgeon to see the value in that.

It is not exactly that simple. The homes generally need repairs and upgrades, but if you buy it for half its value then you have plenty of room to make the improvements needed and still turn a good profit. If you are not a craftsman, don’t worry, there are plenty of professionals out there that can assist you with the improvements, myself included. You can click here to see before and after photos of some of my most recent projects at http://www.facebook.com/PrecisionCustomHomes.

If you have cash sitting in the stock market that has remained flat, take it out and put it to work. If you have cash in CD’s or sitting in an account that is making you 2% (if you are lucky), take it out and put it to work. If you are fortunate enough to have equity in your home, look into a HELOC (Home Equity Line of Credit) and put the equity to work.

If you have any interest in learning more about what kind of money you can make, how these deals work, or what homes are available, send me an email or call me. My email is [email protected]. My phone number is 479-640-8375.

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Filed Under: Benton County Real Estate, Bentonville Real Estate, Bentonville Realtor, Buyers, Featured Posts, Front Page Tagged With: Bank Owned Homes in Northwest Arkansas, Bella Vista BAnk Owned Homes, Bentonville Bank Owned Properties, Buyer's Market, Northwest Arkansas Bank Owned Homes, Rogers Bank Owned Homes

Trackbacks

  1. All Bank Owned Properties For Sale In Bentonville, AR says:
    November 8, 2011 at 10:47 am

    […] The interest rates are low and the properties are cheap. If you already own a home then you might consider a bank owned property as a rental. The rental market is extremely strong due to credit issues caused by so many people losing  their […]

    Reply
  2. All Homes From 100,000 to 150,000 For Sale In Bentonville AR says:
    November 9, 2011 at 12:00 pm

    […] This homes is far and away the best value in this list at $29 per heated foot even if that footage is divided amongst three homes.  The six acres certainly adds alot of value. This the type of deal where a Buyer could live in the home comfortably forever, or live in the property until the mobiles pay themselves. Then a person could sell them and move them off and be left with cash in hand and six acres paid for. The price of this home is in line with best bank owned deals out there. […]

    Reply
  3. Northwest Arkansas Bank Owned Bentonville Real Estate Bentonville Realtor says:
    November 17, 2011 at 12:53 pm

    […] If you are looking for a bank owned home to buy and occupy, buy and remodel for a rental, or buy and remodel to flip, I can help. I specialize in bank owned propeties. There is alot of money to be made in rehabilitating propeties like these. For more information click here to read my post titled ” Bank Owned Properties Are Money Makers.” […]

    Reply
  4. All Bank Owned Homes For Sale In Rogers AR Bentonville AR says:
    November 17, 2011 at 1:05 pm

    […] If you are looking for a bank owned home to buy and occupy, buy and remodel for a rental, or buy and remodel to flip, I can help. I specialize in bank owned propeties. There is alot of money to be made in rehabilitating propeties like these. For more information click here to read my post titled ” Bank Owned Properties Are Money Makers.” […]

    Reply
  5. HUD Homes For Sale In Bentonville Arkansas & Rogers Arkansas School Districts says:
    January 4, 2012 at 9:33 am

    […] you are an investor you can buy these homes and keep them as rental property. See my blog post titled “bank owned properties are money makers” for additional informat… The home pictured here would rent for $900 a month or $10,800 a year. The home could be bought for […]

    Reply

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Cody and Christiane Burnett have been providing real estate services in Bentonville for several years, with 20+ years of combined experience. Cody is one of the top agents in Bentonville and has an extensive background in residential construction. [Read More]

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