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Property Types A, B, C And D

 

One of the biggest problems individuals just starting out have is the type of property they look for, and working outside their immediate area. One of the constants around the country and for every state, is that there are the most desirable areas to live and the least desirable; and then those that fall in between.

The most desirable areas are those that everyone wants to live in. They are type A property. We all have those areas in our cities. The Northwest, Southwest, Northeast and Southeast, etc. Obviously our first preference for lease purchase property is the most desirable.

However, what if, like in many areas of the country, those type A properties are getting multiple offers. Are you really going to be able to do a lease purchase with them. Probably not. So what do you do.

Well you move on to the type B, C and D property. Will some of these properties be outside your area, yes, they will; however, like in any business, when your main source is slow, you open yourself up to other areas. This does not mean you work in war zone areas. Lease purchasing is not going to work there.

Type B property is the next area that is most popular. Still in nice neighborhoods, however, not quite as new or as expensive as type A.

Type C and D property are located in blue collar neighborhoods, and the property is older. The difference between C and D is the price and the size. Most type C's are still you're bread and butter property (3 bedroom, 2 bath). Type D are 2 bed, 1-1/2 baths or 2 bed, 1 bath.

Will it take you longer to move type C and D. You bet it will. Will you make less money on the assignment fee? Yup. However, $1000 or $1500 is nothing to sneeze at. Many times there is more of this type of property available, which allows for multiple deals, that can add up very quickly.

So be sure to check out the B, C and D property in your area, so you are ready to work with them if you need to.

For those of you that need concrete examples of types A, B, C, and D properties. In Las Vegas, Green Valley and Henderson were type A areas. The Northwest area further out was type B. The older section of the Northwest and the South was type C, and many areas of North Las Vegas were type D.

In Fresno, the NW and NE areas are type A, with many of the older areas type B. Type C and D are the SW and SE.

Copyright DeFiore Enterprises 2001

Author: Sue And Chuck DeFiore
 
Author Bio:

Sue And Chuck DeFiore

Chuck and Sue DeFiore are the founders and principals of DeFiore Enterprises. DeFiore Enterprises is comprised of the following divisions: Home Business Consulting, Real Estate Investments, Publishing and Coaching.

Chuck and Sue DeFiore are investors, consultants, and coach/mentors. They specialize in two areas. The first, a niche of Creative Real Estate known as Lease Purchasing; the other, in the establishment of home-based businesses. Through their consultations and investments in Lease Purchasing, they help sellers move their property in 30 days or less; and help buyers get into their dream home today, that they can buy tomorrow. Chuck and Sue are active both locally and nationally.

They are the authors of "Who Makes It Happen, We Do: Back On The Road To Success With Creative Real Estate", and "The Anatomy Of The Deal Series: The Co-Operative Strategy: How You Can Generate Quick Cash Flow In The Creative Real Estate Niche Of Lease Purchasing" and "The Anatomy Of The Deal: Consulting Your Way To A Six Figure Income In Creative Real Estate".

They have published numerous articles on lease purchasing and have five extraordinary manuals, considered to be the most complete in the industry. In addition, they have produced tapes sets on Lease Purchasing, Home-Based Businesses and their extraordinary Expert Tape Series.

They have developed a revolutionary coaching program. The Partnering For Your Success coaching program is geared towards those folks who want or need to change their financial situation. This is a unique program where you work with Chuck and Sue for one full year. It has a low initial cost and together they share in your success.

They are renowned innovators for the home-based business market, through their newsletter, Home Business Solutions, and their support group. They have coached individuals in business start up and all facets of home office development.

They have written numerous articles on operating a home-based business, and have been written about in New Business Opportunities Magazine, Small Business Opportunities Magazine and Income Opportunities Magazine to mention a few.

Chuck and Sue?s motto is "Who Makes It Happen, We Do"

The DeFiore?s currently reside in Fresno, CA where they operate a successful Lease Purchasing and consulting business.

This article can be searched using: real estate web sites, real estate agent web sites, real estate investor websites
 
 
 

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