If you want to actually see a return on your investment with your next house flip, you’re going to have to do some rehab work. Fixer uppers always require work, and for the majority of them, that work is going to be extensive. In other words, if you’re looking for the best way to flip a house, you’re going to …
I have had many people ask me over the years about the best ways to find funding as a new flipper. People often get into the mindset that you must have a chunk of money saved up to get started, but that’s certainly not the case. It’s actually possible to flip houses with no money down. Be aware that you’re …
When I look for a fixer-upper to flip, I basically go through the same thought process that anyone goes through when they buy an investment property. Believe it or not, even though I usually work on a shorter timeline than most homeowners, the journey is essentially the same. Understanding my thoughts as I go through each step of the process …
When you’re just getting into real estate investing, it’s really easy to get intimidated, especially when you see other investors who have a lot more experience than you. As you see them (online or in person), you might think, “How am I ever going to beat them out of a deal?” Well, believe it or not, you don’t need to …
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 …
I’m not going to lie-when I first heard of Snapchat, I laughed at the whole idea. It seemed like it was just a silly fad that would go away in a few months. It’s just another way to text pictures to your friends, but the pictures disappear, so I really couldn’t see any professional use for it. But, as you …
I get a lot of questions about real estate networking events. New investors tell me that they don’t see the point in going, or that they went to an event but didn’t really talk to anyone or make any connections. The fact is, if you want to really get something out of a real estate networking event, you have to …
Have you ever noticed that you always have time or money, but never both? If you’re like a lot of people working in the corporate world today, you can definitely relate. Sure, you’re making more money now than when you were working in a coffee shop in college, but you’re not making as much as you’d like. And, worse yet, …
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 …
In 2008, when the housing market crashed, Christina and I decided we needed to make a change in our lifestyle. At the time we were working as licensed real estate agents, but that simply wasn’t cutting it for us anymore. With our real estate backgrounds, we decided to take the house flipping route. And while we didn’t have a lot …