I attended the Realty Connect May event this week. The main topic was “Finding Renovation Properties with Maximum Profit Potential”. The speakers were Philip Bradley and Michael Anger. The evening was to address the following issues as per the web site promo -“Renovating residential properties is one of the most difficult challenges an investor can face. Yet the financial returns can be among the best in property investing. But how do you maximize your return on investment when renovating? What are the types of properties and renovation/remodeling work that yield the highest returns? Where can you find these properties? What financing strategies should be used? What sort of profit can you expect to make on these properties? ” Many of these issues were addressed and Philip and Michael were engaging speakers with alot of knowledge. The focus of the discussions were to find properties via distressed sellers and to purchase those properties substantially below market value. Renovate and sell quickly. They will be creating a service called GIGOGH www.GIGOGH.com which stands for Get In Get Out Go Home that will provide motivated Seller leads, motivated buyer leads as well as education and resources. It was a great evening and I thank Randy Macdonald for arranging it and Philip and Michael for their interesting talks.
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