DAVENPORT, Iowa, Feb. 2, 2011 /PRNewswire/ -- The path out of the country's real estate recession is being carved out one property at a time by entrepreneurs like Matthew Larson who breathe new life into the boarded up homes plaguing communities across America.
A college dropout who made rehabbing foreclosed homes the focal point of his business, Larson is making money by keeping the American dream of homeownership alive.
"We solve the problem of boarded up, dilapidated homes," said Larson, who operates QC Props out of Davenport, Iowa. "By renovating these homes and putting them back on the market at reasonable prices, we keep the dream of homeownership alive for many people, as well as eliminate blight."
Larson is a student of Dean Graziosi, a nationally renowned real estate expert and the best-selling author of Be A Real Estate Millionaire, whose infomercials are a fixture of cable television.
Larson was living paycheck to paycheck when he focused his energy to solving the problems caused by the bursting real estate bubble and the economic collapse that followed.
"We are here to say that the real estate market is recovering slowly but surely," Graziosi said. "One of the worst economic recessions we've ever faced will be broken by entrepreneurs such as Matthew Larson who are converting foreclosed homes back into viable assets."
According to real estate experts, Larson's business model is a win-win-win situation for everyone involved, including the banks who have a huge inventory of boarded up homes, communities that are being revitalized, and homebuyers who can now purchase affordable homes at low interest rates. Realtors, investors, contractors, service providers, and even government benefit when the American dream of homeownership is renewed and revitalized.
In the last five yeas, Larson has completed more than 200 real estate transactions totaling more than $2 million and owns more than 50 rental properties.
"One thing is certain, people will always need a place to live," Larson concluded. "Therefore, money can always be made by providing housing opportunities that people can afford."
Like Graziosi, Larson spends part of his time teaching others and is on the road three or four times a month inspiring others how to make money through real estate.
SOURCE Dean Graziosi Real Estate