Our overall investment strategy and specialty is to purchase distressed properties at a deep discount – usually 30% to 50% below market value, and renovate and sell those properties to retail homebuyers and landlords.
At Invest Recon PRO, we pride ourselves on having a strong foundation of real estate knowledge and training. Our focus is on providing SOLUTIONS for homeowners and finding VALUE for our buyers and investors by locating undervalued, vacant homes and we put them back into use after renovation.
Our core business lies within our systems, education and knowledge of the real estate industry. We did not just buy a CD off the Internet and become a real estate investor overnight. We have invested tens of thousands of dollars to learn how to be successful in this business and do it the right way the first time. Through our affiliation with Wealth Passage and Love American Homes, we are connected with a national network of investors that provide continual support and weekly trainings on changes throughout our industry. This process has allowed us to circumvent many pitfalls most novice investors would make. Learning the hard way is not a phrase in our vocabulary, and we certainly would not ask anyone to invest with us if we weren’t confident enough to invest ourselves!
Our Business Strategy
We purchase distressed residential properties 30%-50% below current market value
We purchase, renovate and sell these properties to retail buyers and landlords
We Follow a Strict Due Diligence Process
We have a systematic and disciplined approach when purchasing investment properties, putting each potential investment through a strict due diligence process. This rigorous set of criteria includes, but is not limited to, the following:
Comparable property analysis and examination by an certified, independent appraiser
An economic study of the neighborhood, city planning and development
Demographics of area, marketability, and growth potential
Statistics on the crime rate
Public transportation and schools
Overall condition of the property including, but not limited to: structural foundations, floor plan and home layout, heating and air, plumbing, electrical, roof and structural condition
WHAT’S OUR COMPETITIVE ADVANTAGE?
Our company can acquire great deals on properties because we have the ability to act quickly and can close with CASH on the seller’s timeline. This is why we can buy properties at such a discount. Obtaining loans through private money lenders gives us this competitive advantage over other investors who sometimes take weeks to go through the time-consuming bank approval process in order to purchase properties. We have an aggressive TEAM approach, and a topnotch ability to expand our client base through our knowledge of deal structuring and advanced real estate techniques.
We also employ marketing strategies as soon as we purchase a home – giving us a fair advantage over a realtor. Typically, most realtors don’t spend time or money on marketing a result, it can sometimes take months to attractable to find our own buyers allowing us to secure a strong sales price and save on sales commissions. Our renovation process is also down to a science with handpicked and proven construction crews who know we are not retail clients. We pay wholesale prices to all contractors and typically get bulk discounts on all materials.
Investing with us also provides a win-win for the homeowner as well. With your cash funding, we can offer homeowners something that very few buyers can. We are helping sellers by purchasing their homes in their timeline – in as little as 10-14 days. Knowing that we’re going to renovate the home and we are buying in as-is condition is a very important factor to sellers who live in older, outdated homes, or those needing repairs. These sellers will also not be required to pay any attorney fees, closing costs, home warranties, inspection fees, realtor commissions, etc. We are not the perfect fit for everyone; but for the seller with the right motivation, these features are a necessity.
Advantages to Working With Us
We have the business systems and knowledge to purchase properties QUICKLY and with CASH
We create value by finding undervalued, vacant homes and putting them back into use after renovation
We have a creative marketing system to find and purchase properties before they’re ever listed
We pay wholesale prices to all contractors and typically get bulk discounts on all materials
We find our own buyers quickly, allowing us to secure a strong sales price and save on sales commissions