For Sale By Owner – Great investment opportunities for buyer

FSBO is also a best investment opportunity for buyer’s point of view and if you are looking to invest in any of the FSBO property, here are a few tips for you.

1. You should look for a few FSBO houses or properties and should finalize a house or property irrespective of its condition that is available to you at lower rate than the others in same locality and area. 

1. You should look for a FSBO house that is not renovated in recent past. The overall cost of this house will be comparatively low and you can get better profit from sale of this house after renovating it.

1. You should actually look for a house that is heavily discounted from the market value and the discount should be minimum 30 percent so that after adding expenses on renovation and other expenses you can get profit from it.

1. Your other expenditures of holding the FSBO house come in the range of 12 to 15 percent. At the time of selling the property, you will have to pay another 3 to 6 percent commission to the agent.

1. You should have a clear idea of expenditures required for improvement in the house. You should carry out the limited renovation so that the FSBO house is livable. Any major renovations will significantly increase the input cost and you will not be able to achieve higher profit from it.

1. Further you should also find a suitable FSBO house that can easily be sold. Sometimes in some of the localities it is easy to sell a three-bedroom house compare to a two-bedroom house. So, if you purchase a two-bedroom house, you can make additional expenses and construct a third room so that you can sell the house at profit.

So, these are some points you should look for before purchasing an FSBO property. Although real estate market at present is stagnant throughout world but you can invest and earn profit from FSBO houses. An FSBO house is best opportunity to invest, which is listed at some percent discount than the market price. Although this is very difficult to find, however you can earn profits from the houses listed at a minimum discount of 30 percent.