The real truth about wholesaling
Monday, July 28
I see so many posts about wholesaling how to's and literally thousands of people seting themselves up as wholesalers, no doubt fuelled by the stories of massive profits and low cost promoted not just by wholesalers but gurus and television programmes.I genuinely feel sorry for a lot of people who...
What keeps you from success?
Tuesday, May 20
I've had a number of people contact me on BP asking if I am still investing in Memphis. Well the answer is yes sir. I have been quiet on the blog front for some time because we now have full time staff on the ground in Memphis and i am back in Fiji serving God and getting on with my li...
TURNKEY V Do It Yourself Nightmares
Monday, July 08
People, especially New Zealanders where I come from, hate paying fees. We are well known as a DIY (Do It Yourself) culture makes us all about saving a buck where we can and going around systems to get a better deal. I learned many years ago that this was often false economy. Not dotting "I"s an...
Flipping to hedge funds 101
Friday, July 05
I get a lot of emails from BPer's these days asking for help with selling to hedge funds so I thought I would put some basics down for you all.Firstly let me say there is no secret formula that I can think of. It is no dark art. Once you know how to flip then selling to anybody is really the sam...
Staying Legal and fine print in contracts
Monday, May 13
This may be 101 to y'all but I have had 2 experiences in 2 weeks I thought worth sharing with you.1. Deed restriction. I was purchasing a short sale and there was a plethora of paperwork over several months with special addenda etc.Now I freely confess I am not super detailed as a person so I wo...
Free advice for finders, bird doggers and would be wholesalers
Saturday, May 04
I buy a lot of houses in Memphis and as a result I have met and bought from many if not most of the people in the city who position themselves as middlemen, flippers, wholesalers and investor friendly agents.There is a very common theme with the "1 man band" wholesalers who are trying to wholesa...