HomeVestors Knows Where To Purchase Inexpensive Real Estate


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Real estate investors who are just getting started in the field should search for a property that is located in an inexpensive area. 

Dallas, Texas HomeVestors is the nation’s number one home buying franchise and has helped real estate investors purchase 50,000 properties over the years.  The company knows that investors who are just getting started in the field need to find a location that is bound to be profitable.  Those investors who don’t have a great deal of capital should consider investing in a location that doesn’t require a large sum of money in order to purchase inexpensive real estate.

Typically, most beginning real estate investors don’t have a large sum of capital on hand.  In order to get the most from their money, these investors should purchase inexpensive real estate in order to get a feel for the industry and work their way up.  While there is inexpensive real estate scattered throughout the United States, investors who target the areas where real estate is priced low should be able to secure a profitable real estate portfolio.

The best place to purchase inexpensive real estate is Cleveland, OH, with a median property value of $63,729.  Investors who have the ability to save up the entire purchase price are able to capitalize to the greatest degree, as they won’t have to worry about dealing with a lender or paying interest.  Those investors who still want to finance the property should be able to get involved with an investment like this for $20,000 or less.  Investing in Cleveland can allow an investor to begin their investment journey without having to commit a great deal of capital to the business.

The second best place to purchase inexpensive real estate is Saginaw, MI, as the median property values are $87,181.  While this is significantly higher than Cleveland, it is still a bargain and investors who do their research should be able to find a property that is bound to be profitable.

Other areas of the country where investors should consider if they want to purchase inexpensive real estate is Jackson, MS, Jonesboro, GA and Buffalo, NY.  These areas are priced competitively and can give a beginning investor everything they are looking for.  The biggest reason that many investors avoid investing in real estate is because they don’t have the capital to do so.  Investors who are able to build up a bit of capital and obtain lender financing can jump into the real estate field in one of these lower priced areas.

Investors who are just getting started in the field should purchase inexpensive real estate because the risks are lower and the profit potential is positive.

About HomeVestors of America Inc.

Dallas-based HomeVestors of America, Inc. is the largest buyer of houses in the U.S., with 50,000 houses bought since 1996. HomeVestors trains and supports its independently owned and operated franchisees that specialize in buying and rehabbing residential properties.  Most commonly known as the “We Buy Ugly Houses®” company, HomeVestors strives to make a positive impact in each community.  In 2012, for the seventh consecutive year, HomeVestors was among the prestigious Franchise Business Review’s “Top 50 Franchises,” a distinction awarded to franchisors with the highest level of franchisee satisfaction.  For more information, visit www.HomeVestors.com.

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