Why is no one talking about how profitable foreclosures can be once you figure them out? My income for the year is $700k

Today I’m going to talk not only about a field that everyone overlooks, but also about how to get into it.

I've been working in foreclosure real estate for a year now. In that time, I've made 700k. And I feel like almost nobody in my circle is even looking at this market

So let me say it plainly: the foreclosure space in the U.S. right now is genuinely one of the most promising places to put your attention if you're serious about real estate.

There are currently millions of properties across the country carrying outstanding debt - mortgages in default, liens, pre-foreclosures, the whole spectrum. And that number isn't shrinking. It keeps climbing. Economic pressure, rising rates, life circumstances - whatever the reason, more homeowners are falling behind, and that creates inventory that most buyers aren't even thinking about.

The deals are real. The opportunity is real. It just takes time to understand how the process actually works.

One thing I tell people when they get curious: go look up how many distressed properties exist in your own zip code right now. Most people are genuinely shocked. It's not a handful. It's a lot. And those properties need buyers.

I'm not saying it's easy. The first few months were a grind - learning the systems, understanding the legal side, figuring out where to even find the listings before they're gone. But once things clicked, it clicked hard.

Most people walk past this market because it sounds complicated or risky
As long as there are people who are afraid to start, entrepreneurs will always have a place in this world.

So where do you start? It all seems so difficult...

I’ll keep it short.

**1) Knowledge, knowledge, and more knowledge**
CFPB, HUD, Fannie Mae / HomePath, YouTube videos, courses. There are tons of places to learn from
**2) Choose your strategy**
**Fix & Flip** \- the classic model, and the one I personally use
**Buy & Hold** \- steady but slower growth

I’ll mention the services I use, but so the mods don’t call this an ad, let me just say this:

**ALL THE SERVICES I RECOMMEND ARE TRASH! DON’T USE THEM!!!**

That said, these are some of the most popular tools in real estate already, so I don’t think my post is going to change anything, lol

**1) Deep and thorough search:** > \+ PropertyShark + skip tracing.!<
Yes, it takes time, but you can find truly great deals. Not for beginners. If you’re ready to hire a team to handle the routine work, that’s when you can get real passive income.

**2) AI-based services like**>! [**ForeclosureHub.com**](http://ForeclosureHub.com) **or PropStream.**!<
It’s easier, but the downside is a smaller property database. Still, for getting started, I’d recommend going in this direction. Here, AI does most of the work for you, and it does a decent job, though it could still be better.

There are plenty of services out there, but these are the ones I’ve personally used and can vouch for. That doesn’t mean others are bad. Look around and you’ll definitely find something that suits you

**3) Phone sales skills**
Yep, I’m serious. You need to sell the owner on the idea that they should sell the property as soon as possible - and sell it specifically to you
**4) Once you’ve got houses**
At this point I could go on forever about repair crews, inspectors, and contractors. But trust me, the moment you buy even some run-down shack in the middle of nowhere and decide to sell it, you’ll stop sleeping at night and find all the right people very quickly

Yes, real estate is always a field where you need solid starting capital. There’s no way around that. The main thing is just to start. Even with $1,000 in your pocket, you can get into wholesaling, and that can be a solid foundation for bigger things later.

Alright, this post already turned into a whole novel, so sorry about that. Good luck!