If you’re new to vulture investing, I’ll let you in on a little tip.  It’s fun, it’s easy and quite fulfilling if you’re the type of person who shook your head wondering why everyone else was buying “stuff” after everything skyrocketed in price during 2006 and 2007. 

The Marketplace video below is a prime example of how to buy real estate at a near 50% discount.

Check out the live entertainment and open bar!  During the real estate boom, this place would have been standing room only and a bottled water would cost you $7 just like a baseball game.  Now prospective buyers got a live band and copious amounts of social lubrication? 

That’s vulture investing at it’s finest.  Not only are you getting a deal but they liquor you up too!

So for all you first time home buyers or 20 Somethings who were interested in buying a home, but couldn’t afford the sky high prices for a simple 1 bedroom condo, now’s a good time to start looking around for bargains in your area.

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