Module Positions

Populus has been constructed with an assortment of 22 module positions. These module positions are fully collapsible meaning that if there are no modules published in a particular area, that module area will not be shown. This provides you with the maximum amount of flexibility possible.

Module Positions
 

The Investment Process

The process from which a distressed property goes from a "fixer upper" to a finished house requires several steps.  Some investors choose to focus on a single step and create value and profit in that step only.  Some investors choose to complete the whole process themselves.  They buy the house from someone who is behind on their mortgage, a tired landlord, etc.  They then fix the house and sell it to the retail buyer.  For those of you who are new to real estate investing the following tabs will provide you with a basic understanding of each step in the process.  This will help you decide how you best want to invest in real estate.

Wholesaling

Many investors choose to wholesale real estate.  This is the easiest way to start and allows you to "get in" without any money down.  How can this work you ask?  Well this is actually the most difficult part of the whole process.  You must find the "good deals."  You will find the motivated sellers, they will sell their house at a substantial discount to a cash buyer that can close quickly.  There are many ways to find them, you can mail letters, you can attract them through web marketing, they are involved in probate or divorce, or you can simply drive around looking for "ugly" houses.  Once you find these properties and negotiate a price that is 40-50% of the market value, you will secure them with an assingable contract.  Your deposit will be minimal, usually $10, and you must make sure that the contract is assignable.  Then you find a investor/buyer and assign them the contract for a fee.  You are never liable for more than your deposit and your fee is paid at closing.  When you find these properties go to the sellers area of this website and we can assign them to one of our investors and you can make your profit.

Rehabbing

The most labor intensive of the process, this is where you take the ugly house and turn it into the nicest home on the block.  You generally make the most profit during this process, but also you have the most risk.  You can easily run over budget, over schedule, or find major repairs that you didn't expect.  Due to these factors you need to build a large cushion into your figures to make sure the project makes sense.  If everything goes according to plan your profit will be hefty, but if things don't you will still make money.  This is NOT something you want to do if you have a 9-5 job.  You can't do this on the weekends, or meet contractors on your lunch break.  If your day job is flexible and you can make your own schedule you can make it work.  When the house has been completed you can sell it to a retail buyer through a real estate agent, or at a slight discount to an investor looking to buy and hold.

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