Posted in Real Estate Investing, Wholesaling Houses on 11. May, 2012
Wholesaling real estate properties is similar to house flipping. Flipping houses involves purchasing real estate well below market value, fixing it up and selling it for profit. With wholesaling, investors assume the mortgage note under contract and sell the property “as-is.” The new owner purchases the property for less than “after-repair” value and rehabs the [...]
Posted in Real Estate Investing, Wholesaling Houses, Wholesaling Real Estate on 07. May, 2012
Becoming an expert at estimating repair costs takes time, but one of the most valuable skills you can learn as a real estate investor when wholesaling property. In wholesaling homes you won’t have to be as accurate as when you’re rehabbing houses. Either way you’ll need to estimate the repair costs of the property to [...]
Posted in Real Estate Investing on 05. May, 2012
Are you interested in becoming a real estate investor? Are you a real estate investor interested in land lording his/her own properties? Here is some practical advice from someone who has been there and done that! When I bought my first property and placed my first tenant…I was a complete disaster! No point in beating [...]
Posted in Real Estate Investing on 29. Apr, 2012
No matter what aspect of real estate you deal in, real estate leads are essential if you want to have success. This industry is extremely complex in and of itself, without having to deal with where you will get your next business opportunity from. Having a well-oiled system of lead generation is the key. This [...]
Posted in Real Estate Investing on 19. Apr, 2012
I know a fireman who once told me that it’s not safe to enter a burning building without first knowing where all the exits are. It seems like common sense to me. Does it to you? The same thinking applies to the real estate business. Before you buy any property, you must first decide on [...]
Posted in Real Estate Investing on 17. Apr, 2012
By now I am sure you’ve heard that it is legal, permissible, and profitable to invest in real estate using your self-directed IRA, SEP, or Roth IRA. If you’ve been using this technique, you know the drawbacks: delays in funding, fees from your custodian, potential lawsuits against your IRA. Well, there’s a solution…the LLC-IRA. Instead [...]
Posted in Real Estate Investing on 11. Apr, 2012
1. Use a self directed IRA. Self directed IRA’s are a great way to earn money in real estate without the hassle of management. Very few investment advisors know about them or know that you can use them to invest in real estate. You can use them on deals that you are funding as a [...]
Posted in Rehabbing Houses on 09. Apr, 2012
Buying old houses at a wholesale price, renovating them, and then selling them off at retail price is an ideal way of making huge profits in real estate investing. If you are ready to work hard, property rehabbing will be an easy way to make profits from real estate. Unfortunately, many potential real estate investors [...]
Posted in Wholesaling Houses on 16. Mar, 2012
Wholesaling is the act of finding a great deal, getting a purchase contract signed, and assigning that purchase contract to a worthy buyer. You are spending your time on finding motivated sellers, negotiating rock bottom prices, managing leads, & getting deals closed- that’s it. You aren’t listing properties for sale on the mls (multiple listing [...]
