Flipping or Speculating
Flipping works In any market… …if done right. Whether the market is up or down – east coast, west coast or somewhere in between – rehabbing (flipping) houses works for investors with the right approach. If you follow fundamental, conservative and systematic principles – you won’t experience what many speculators…
Now or Later?
OK so you found a house to fix and put back on the market. You’ve completed the rehab and just sold it. Now you have your check – praise God! Most people think this is when you make your money. Well it’s not! In real estate rehabbing – you make…
What’s in a name?
Rehabbing is a people business. Your reputation is more valuable than any one transaction. Do the right thing always! Do what’s right, fair and appropriate. Threat people and this business right and God will pour out his blessing on you, your family and your business.
Is Flipping Houses Ethical? – Don’t Let ‘em Tell You It’s Not!
Some people will try and tell you “flipping” houses is somehow unethical. Really? Think about it. You are: Providing a solution for a distressed seller Repairs for a house in need Work for contractors/suppliers Improving the neighborhood Revenue for agents, brokers, appraiser, inspectors, etc. Providing a nice quality house to…
Flip It or Grip (Hold) It
Which real estate investing approach is best? Buy and Hold (Rentals) Pros: add’l income | asset appreciation | leverage | tax advantages Cons: renters/vacancies | unexpected expenses | mgmt/expenses > income Buy and Sell (Wholesaling) Pros: generate cash | no credit needed | good for beginners Cons: not…
Avoid This Painful Lesson – Learn From My Experience
If you’re serious about building a 7 figure real estate investing business by rehabbing houses, you’ll need to continually develop contractor teams. Hoping one general contractor (GC) will carry you to the promised land is a BIG mistake. You may get lucky and find a GC for project after project…
Weed Then Out Now – Get it Right or You’ll Be Uptight!
A key to your real estate investing success is building a winning team. A key player on your team will be your general contractor (GC). Perfecting the skill of interviewing and hiring the right contractor(s) is paramount. Here are some key questions to ask. Use this as part your selection…
