Wednesday, September 28, 2005

There's profit in buying distressed and undervalued properties, study says

There's profit in buying distressed and undervalued properties, study says: South Florida Sun-Sentinel: "A study released this month proves statistically what many real estate investors have known for a long time: People who invest in distressed or undervalued real estate and 'flip' the property routinely beat the market, reaping gains far in excess of the appreciation rate of the overall market.

First American Real Estate Solutions, a provider of property and ownership information, analytics and services based in Anaheim, Calif., released a study called 'Real Estate Flipping: Gold Mine, Mistake or Fraud"
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