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Continuing with the series of articles about real estate business, another alternative is the buy of areas, housings or real estate in general in judicial auctions for his later sale at market price.
There exist persons or companies that buy properties in auctions but not to preserve them like long-term investment but to sell them immediately at market price.
Some persons realize repeatedly this business type re-investing the profit of way of buying every time bigger properties, up to going so far as to realize very important business.
In most cases, only one or two real estate business of this type per year can mean profit equivalent to the annual salary of an executive of high status or even much more.
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He buys of real estate in auctions to sell at market price. Real estate business