What Is A Mortgage And A Promissory Note?
Sunday, March 21
If someone were to ask you how a mortgage works and what is a promissory note, would you know how to explain it to them? As a newbie, I struggled with these concepts because I never took the time to understand the details. If you’re in the same boat, we will fix that today! First and foremost, bo...
What Is Contract Assignment & Double Closing?
Friday, March 12
In this blog, we’ll go over the 2 most common methods of wholesaling real estate. Wholesaling involves 3 parties: Seller (A), Wholesaler (B), and End Buyer (C). If you’ve ever looked up wholesaling, chances are you’ve heard of Contract Assignment. Here’s an illustration to demonstrate how it wo...
Is Wholesaling Legal?
Sunday, March 07
Does this type of sign look familiar? If you’ve ever seen one of these online or in person before, you most likely stumbled upon a wholesaler’s marketing. I could probably write an entire separate blog on how hideously designed these advertisements tend to be but let’s not go down that path. H...
Do You Actually Know What Title Means?
Friday, February 26
If you read the purchase contract from your local Board of Realtors you’ll notice that the term “title” comes up quite a bit. As a newbie, I only had a vague idea of what that word meant. I knew it had to do with ownership of a property but what does that mean in the real world? Ownership is an ...
How To Squash Analysis Paralysis
Monday, February 22
As a rookie (like me!) it's easy to get overwhelmed with the heaps of information we have available at our fingertips. Analyzing neighborhood stats, learning new real estate concepts, looking up crime rates, school quality, population trends, determining market value of a property you’re looking ...