Paul Reinhold, Ijlal Inner Circle member, just bought his first deal in Canton. Beautiful house with no rehab except paint, carpet etc with around $35,000 to $40,000 equity.

Surprising thing is that he bought this house not from a homeowner in foreclosure or from a bank but from a relocation company in Canton.

Turns out that this little known niche in real estate businesses buys and sells houses typically under contract with big firms who have temporary executives coming in for short to medium term projects.

Got me thinking and I dug up my yellow pages (first time in my life I looked through one) from my garage and looked in it.

Well just in Oakland County – there are 20 listed under Relocation Companies – some of them are realtor divisions (no surprise) who just deal in this niche. Other ones are strictly relocation companies who do nothing but this.

I think it is a good idea to look in your local yellow pages either in your hometown or your target Michigan City and see what you find listed under Relocation Companies.

Contact them via phone or fax introduce your self and ask them if they have any houses that they are having problem selling or a house that they want out of their inventory quickly.

Might find something good like the way Pual did.