Wilmington, NC (PressExposure) August 29, 2009 -- Real Estate Professionals who buy homes and renovate them are discovering a better return than those who invest in stocks and bonds. According to Rich Morgan of HomeVestors, the improvement to neighborhoods is an additional return on the investment.
Rich Morgan believes itâs a great time to invest in real estate. âShelter will always be in demand; even if property values drop, you still own something tangible. Understanding and investing in the stock market involves a level of education and research many people do not have the time to do. Real estate investing is much more manageable.â
HomeVestors are the âWe buy Ugly Housesâ people; they buy and renovate foreclosed homes, vacant houses and houses that are in disrepair, working to increase entire neighborhood values.
The âWe Buy Ugly Housesâ billboard was created in the early 1990s to motivate people who wanted to sell their house quickly and at a discount. Founder, Ken DâAngelo, would purchase the home even if it were in dire need of repairs, and then resell the property to real estate investors or renovate the home to enhance the neighborhood and sell to first-time home buyers.
Rich Morgan owns HomeVestors in Wilmington and Jacksonville, North Carolina. HomeVestors are the nationâs largest residential home buyers with over 250 franchised offices in the US. HomeVestors was named to Entrepreneur Magazineâs Franchise 500 list for six consecutive years and Entrepreneurs âFastest-Growing Franchisesâ for four consecutive years. Visit http://wilmingtonnc.homevestors.com/ to learn more.
Contact: HomeVestors of Wilmington Richard Morgan 324 Folly Island Ct Wilmington, NC 28411 910-297-3519 firstname.lastname@example.org
This press release was submitted by Right Now Marketing Group, LLC