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.

Interested in having your own successful, home based creative real estate investing business? Chuck and Sue have been helping folks start successful home based businesses for over 19 years, and we can help you too! To see how, visit http://www.homebusinesssolutions.com for the latest FREE tips and tricks, educational products and coaching in creative real estate investing and home based businesses. No time to visit the site? Subscribe to our "how to" Home Business Solutions Digest, it's like having your own personal coach: mailto:subscribeHBS@homebusinesssolutions.com

MORE RESOURCES:

ERA Pacesetter closes real estate business - Bizjournals.com

Learn to Profit from Real Estate - Even in Tough Markets - MarketWatch

Tokyo Replaces Shanghai as Best Asian City to Buy Real Estate - Bloomberg

table border=0 width= valign=top cellpadding=2 cellspacing=7trtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbrdiv style=padding-top:0.8em;img alt= height=1 width=1/divdiv class=lha href=http://news.google.com/news/url?sa=Tct=us/2-0fd=Rurl=http://www.bloomberg.com/apps/news%3Fpid%3D20601101%26sid%3DaIP5Kj6fVj6M%26refer%3Djapancid=1277107960ei=tBQ3SY-LG5nK8ATG7OCeDwusg=AFQjCNGIxopv03aFfiOEp_i3KS32i-7eOATokyo Replaces Shanghai as Best Asian City to Buy bReal Estate/b/abrfont size=-1font color=#6f6f6fBloombergnbsp;-/font nobr7 hours ago/nobr/fontbrfont size=-14 (Bloomberg) -- Tokyo overtook Shanghai as the best Asian city to buy breal estate/b as investors seek less risky investment for 2009, a survey by the Urban b.../b/fontbrfont size=-1a href=http://news.google.com/news/url?sa=Tct=us/2-1fd=Rurl=http://www.reuters.com/article/marketsNews/idUST27950420081203cid=1277107960ei=tBQ3SY-LG5nK8ATG7OCeDwusg=AFQjCNH6ZSPRHTvaQfdGdMYsdO5so-bc5gKeen to invest in Asian breal estate/b, consider Tokyo/a font size=-1 color=#6f6f6fnobrReuters/nobr/font/fontbrfont class=p size=-1a class=p href=http://news.google.com/news?sourceid=navclientie=ISO-8859-1rls=GGLG,GGLG:2005-22,GGLG:enncl=1277107960hl=ennobrall 12 news articles/nobr/a/font/div/font/td/tr/table

Nokomis Real Estate Ventures LLC files bankruptcy petition - Bizjournals.com

Citigroup Said to Cut Most of Asia Real Estate Team After Slump - Bloomberg

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Neuberger Berman Real Estate Securities Income Fund Inc. Announces ... - MarketWatch

table border=0 width= valign=top cellpadding=2 cellspacing=7trtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbrdiv style=padding-top:0.8em;img alt= height=1 width=1/divdiv class=lha href=http://news.google.com/news/url?sa=Tct=us/5-0fd=Rurl=http://www.marketwatch.com/news/story/Neuberger-Berman-Real-Estate-Securities/story.aspx%3Fguid%3D%257B618BBA1C-45ED-4BC6-A6AA-A656072847FF%257Dcid=1277177500ei=tBQ3SY-LG5nK8ATG7OCeDwusg=AFQjCNEiPkQGnz6yrODDQrlhRhk6ttNRfwNeuberger Berman bReal Estate/b Securities Income Fund Inc. Announces b.../b/abrfont size=-1font color=#6f6f6fMarketWatchnbsp;-/font nobr9 hours ago/nobr/fontbrfont size=-1b.../b in the markets for its portfolio securities, and in particular, common and preferred stocks issued by bReal Estate/b Investment Trusts (quot;REITsquot;). b.../b/fontbrfont size=-1a href=http://news.google.com/news/url?sa=Tct=us/5-1fd=Rurl=http://www.privateequityrealestate.net/Article.aspx%3Farticle%3D32713%26hashID%3D8697775C1753C89C506498F68C04E826E639DD49cid=1277177500ei=tBQ3SY-LG5nK8ATG7OCeDwusg=AFQjCNEidkHhjQbiwFtBUvukGy6NSgfoogMarshall to raise $500m for Russian breal estate/b/a font size=-1 color=#6f6f6fnobrPrivateEquityRealEstate.com/nobr/font/fontbrfont size=-1a href=http://news.google.com/news/url?sa=Tct=us/5-2fd=Rurl=http://www.webwire.com/ViewPressRel.asp%3FaId%3D81322cid=1277177500ei=tBQ3SY-LG5nK8ATG7OCeDwusg=AFQjCNGzV_EDa02kI6Q87Aje-Hzrd0bDPwMarshall Capital Partners launches new $500 million fund for b.../b/a font size=-1 color=#6f6f6fnobrWebWire (press release)/nobr/font/fontbrfont class=p size=-1a class=p href=http://news.google.com/news?sourceid=navclientie=ISO-8859-1rls=GGLG,GGLG:2005-22,GGLG:enncl=1277177500hl=ennobrall 9 news articles/nobr/a/font/div/font/td/tr/table

UPDATE 2-Sibir market value halves on real estate buy - Forbes

table border=0 width= valign=top cellpadding=2 cellspacing=7trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serifa href=http://news.google.com/news/url?sa=Tct=us/6i-0fd=Rurl=http://www.guardian.co.uk/business/2008/dec/03/sibir-russia-oil-property-tchigirinskicid=1277136024ei=tBQ3SY-LG5nK8ATG7OCeDwusg=AFQjCNFcK2etw3IjPmV-kRKTqF__9f4-MAimg src=http://news.google.com/news?imgefp=G0Z9onrcFO0Jimgurl=static.guim.co.uk/sys-images/Business/Pix/pictures/2008/12/03/sh4.jpg width=80 height=48 alt= border=1brfont size=-2guardian.co.uk/font/a/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbrdiv style=padding-top:0.8em;img alt= height=1 width=1/divdiv class=lha href=http://news.google.com/news/url?sa=Tct=us/6-0fd=Rurl=http://www.forbes.com/afxnewslimited/feeds/afx/2008/12/03/afx5771724.htmlcid=1277136024ei=tBQ3SY-LG5nK8ATG7OCeDwusg=AFQjCNEaXgqUg-DaUOYI4OazcgTdklllgwUPDATE 2-Sibir market value halves on breal estate/b buy/abrfont size=-1font color=#6f6f6fForbes,nbsp;NYnbsp;-/font nobr11 hours ago/nobr/fontbrfont size=-1Sibir had already outraged minority shareholders when it said in October it would buy some $157 million worth of breal estate/b from its key owner, b.../b/fontbrfont size=-1a href=http://news.google.com/news/url?sa=Tct=us/6-1fd=Rurl=http://www.reuters.com/article/rbssEnergyNews/idUSL364626620081203cid=1277136024ei=tBQ3SY-LG5nK8ATG7OCeDwusg=AFQjCNF33GxdESnWoKslXt7KgGKxaZUGGQUPDATE 1-Sibir shares sink 30 pct on breal estate/b buy/a font size=-1 color=#6f6f6fnobrReuters/nobr/font/fontbrfont size=-1a href=http://news.google.com/news/url?sa=Tct=us/6-2fd=Rurl=http://en.rian.ru/business/20081203/118667008.htmlcid=1277136024ei=tBQ3SY-LG5nK8ATG7OCeDwusg=AFQjCNH5oehn8_jCNC0vR8M8bFTf0E5EZwSibir Energy to buy $340mln breal estate/b assets from developer - 2/a font size=-1 color=#6f6f6fnobrRIA Novosti/nobr/font/fontbrfont size=-1a href=http://news.google.com/news/url?sa=Tct=us/6-3fd=Rurl=http://www.bloomberg.com/apps/news%3Fpid%3D20601087%26sid%3DaS_Y7fzEKDYc%26refer%3Dhomecid=1277136024ei=tBQ3SY-LG5nK8ATG7OCeDwusg=AFQjCNFYmVNwbI83kFt4YtCKIIQMPXp9CQSibir Plunges 57% on Russian Billionaire ‘Bailout’ (Update4)/a font size=-1 color=#6f6f6fnobrBloomberg/nobr/font/fontbrfont size=-1 class=pa href=http://news.google.com/news/url?sa=Tct=us/6-4fd=Rurl=http://www.guardian.co.uk/business/2008/dec/03/sibir-russia-oil-property-tchigirinskicid=1277136024ei=tBQ3SY-LG5nK8ATG7OCeDwusg=AFQjCNFcK2etw3IjPmV-kRKTqF__9f4-MAnobrguardian.co.uk/nobr/anbsp;- a href=http://news.google.com/news/url?sa=Tct=us/6-5fd=Rurl=http://www.themoscowtimes.com/article/600/42/372867.htmcid=1277136024ei=tBQ3SY-LG5nK8ATG7OCeDwusg=AFQjCNGtWk9DJvAa3nxD8E3ZSQJLwTORdAnobrThe Moscow Times/nobr/a/fontbr/font class=p size=-1a class=p href=http://news.google.com/news?sourceid=navclientie=ISO-8859-1rls=GGLG,GGLG:2005-22,GGLG:enncl=1277136024hl=ennobrall 82 news articles/nobr/a/font/div/font/td/tr/table

Icahn Sues Real Estate Company Over Debt - New York Times

table border=0 width= valign=top cellpadding=2 cellspacing=7trtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbrdiv style=padding-top:0.8em;img alt= height=1 width=1/divdiv class=lha href=http://news.google.com/news/url?sa=Tct=us/7-0fd=Rurl=http://www.nytimes.com/2008/12/03/business/03realogy.html%3Fref%3Dbusinesscid=1276968847ei=tBQ3SY-LG5nK8ATG7OCeDwusg=AFQjCNG5MHoTnVVtqlIZf-4Qg_CwkWeNngIcahn Sues bReal Estate/b Company Over Debt/abrfont size=-1font color=#6f6f6fNew York Times,nbsp;United Statesnbsp;-/font nobr22 hours ago/nobr/fontbrfont size=-1Mr. Icahn’s investment firm filed a lawsuit last Wednesday against a breal estate/b company controlled by Leon D. Black, a prominent Wall Street buyout b.../b/fontbrfont size=-1a href=http://news.google.com/news/url?sa=Tct=us/7-1fd=Rurl=http://www.reuters.com/article/ousiv/idUSTRE4B27IQ20081203cid=1276968847ei=tBQ3SY-LG5nK8ATG7OCeDwusg=AFQjCNFnkMcJ8-S63EmcpbuTVRhQSRjVEgIcahn sues Realogy over debt deal/a font size=-1 color=#6f6f6fnobrReuters/nobr/font/fontbrfont class=p size=-1a class=p href=http://news.google.com/news?sourceid=navclientie=ISO-8859-1rls=GGLG,GGLG:2005-22,GGLG:enncl=1276968847hl=ennobrall 21 news articles/nobr/a/font/div/font/td/tr/table

Whitehall Funds Lose Their Luster - Wall Street Journal

table border=0 width= valign=top cellpadding=2 cellspacing=7trtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbrdiv style=padding-top:0.8em;img alt= height=1 width=1/divdiv class=lha href=http://news.google.com/news/url?sa=Tct=us/8-0fd=Rurl=http://online.wsj.com/article/SB122826598899374457.html%3Fmod%3Dgooglenews_wsjcid=1277094278ei=tBQ3SY-LG5nK8ATG7OCeDwusg=AFQjCNHCrOxk-0PNc_sGxv0a776qadbQVwWhitehall Funds Lose Their Luster/abrfont size=-1font color=#6f6f6fWall Street Journalnbsp;-/font nobr18 hours ago/nobr/fontbrfont size=-1By ANTON TROIANOVSKI and LINGLING WEI Goldman Sachs Group Inc.#39;s Whitehall family of breal-estate/b funds is struggling with weak performance and potentially b.../b/fontbrfont size=-1a href=http://news.google.com/news/url?sa=Tct=us/8-1fd=Rurl=http://www.reuters.com/article/rbssFinancialServicesAndRealEstateNews/idUSN0351371720081203cid=1277094278ei=tBQ3SY-LG5nK8ATG7OCeDwusg=AFQjCNHIiA68xVYSwseBnvgdR_p0fTrWpQGoldman Whitehall head warned of firm#39;s exposure/a font size=-1 color=#6f6f6fnobrReuters/nobr/font/fontbrfont size=-1a href=http://news.google.com/news/url?sa=Tct=us/8-2fd=Rurl=http://www.reuters.com/article/marketsNews/idUSBNG24933320081203cid=1277094278ei=tBQ3SY-LG5nK8ATG7OCeDwusg=AFQjCNEVplYQD9Z7tizomGXIreXWWk7FjAGoldman Whitehall funds hit by property slump-WSJ/a font size=-1 color=#6f6f6fnobrReuters/nobr/font/fontbrfont class=p size=-1a class=p href=http://news.google.com/news?sourceid=navclientie=ISO-8859-1rls=GGLG,GGLG:2005-22,GGLG:enncl=1277094278hl=ennobrall 12 news articles/nobr/a/font/div/font/td/tr/table

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