Real estate investing is an interesting field. If you do your homework, you almost can’t make a bad investment. However, sometimes, no matter how much research you do and how sure you are of a property, things go wrong. Then, before you know it, you have to get out the best way you can and move on. I was talking …
We’ve seen some real adventures in flipping houses over the years. From chickens running around in the yard to black mold in the bathroom and everything in between. One of the properties that really sticks out in my head as one of our biggest mistakes, though, was a house that we went way overboard on. Whenever people ask me what …
Over the past decade, throughout the United States, many people have struggled to keep their jobs and their houses. Whether you’re a student just out of college or you’ve had financial problems due to unemployment or underemployment, you may have flinched when you saw your credit score. As a result, you might have written off the idea of becoming a …
When ever I fix and flip an investment property, I always go by a closing table checklist. By mentally (or physically) checking every thing I need to do before closing and everything I need to bring with me, I can ensure that I’m not going to get there unprepared and potentially lose a really great deal. So, what’s the Real …
The other day, I was going through some of our kids’ toys, thinking about what they’ve outgrown and what they’ll be growing into next. They’re not quite ready for it yet, but I’m really looking forward to having family board game nights as they get older. Playing Monopoly, Clue, Life, and other games will give us all time together, away …
A lot of people will tell you that you can dip your toes into real estate investing by starting out as a wholesaler. And, when you first look into it, it seems like a good idea. It’s a lot like flipping houses, but instead of doing all the rehab work and taking all the time to get the house in …
I think it’s a common belief among many people that house flipping is a “get rich quick” scheme, but really it’s quite the opposite. Tarek and I have spent many years flipping houses, and it took a lot of effort, time and patience to get to where we are today. When we first started flipping, we really didn’t know what …
Often as a house flipper, it’s easy to get caught up into thinking that any old house will be able to return a good profit, but this isn’t true for every house. While house flipping can be a profitable business and can provide a steady source of income, many flip deals can end up turning into flops if you aren’t …
Real Estate Elevated is the premier real estate education investment program developed in conjunction with real estate investors and television reality stars Tarek El Moussa and Christina El Moussa. Using the El Moussa’s own real estate investment methodologies and systems, the Real Estate Elevated Program is one of the most in-depth and comprehensive training programs available in North America & …
A lot of new house flippers tend to be confused about business licenses, but for good reason. The world of business can be overwhelming, especially when you aren’t sure what direction you are supposed to be going in. Consider this. Are you planning on flipping one or two houses a year while still holding on to your full-time job? Or …