The pen is mightier than the hammer;

[David Silver]

We've all see Flip or Flop write big checks to auction brokers and contractors with hope for profits after three or four months of hard work.

Imagine making the same money with NO work.

Its all about how you buy.

I signed my 18th deal. I picket up the junkiest SFR on the street as usual, in the top four most sought after lakefront areas in my county. I had worked with the homeowner for two years! I spent about six hours of time over those two years communicating and then he passed away. I was saddened tremendously because he was a nice guy. His son had seen a letter I had written to the father and sold me the house after some negotiation for a great price.

I was going to make it a vacation home ( as I said, highly sought after lakefront!) and then sell it as my family grew (slow play flip). On a whim while waiting for a variance request to do an addition to start the flip I reached out to a smart young realtor and offered him a rare deal (higher than most commission asks) to put the house on the market during the variance process (About 60 days) for a solid price and push it hard.

It sold in eight hours full price for cash, no inspection, and I will walk way with 100% cash on cash return after all closing/holding costs!!!

I just used two items, respect for the family and a pen.

Remember, buying low the best investment decision you can make in this game.