Prequalified vs Preapproved
Wednesday, March 18
So most people don't know the difference I thought I would throw a quick run down of the two:Pre-qualified means that you have been talking with a bank and based on your financials you should be able to buy a house, it is the very lowest level on the food chain.Pre-approved means that they have p...
Everyone wants to flip, buyer beware...
Saturday, February 21
Flipping has become a phenomenon, everyone who is interested in real property wants to invest by flipping. Why wouldn't you? After all we see Armando Motelongo flipping houses and making $100k per flip and he has his super model wife managing the projects and all he does is pull up once a week wi...
Using hard money to fund more purchases for buy and hold
Saturday, February 07
On my investing I would say I am mostly a buy and hold investor, I want to have more then 25 cash flowing units by the time I am 25. As with most investors I also do a few flips to generate income for my buy and hold portfolio, I recently started thinking about how to buy faster and realized that...
CPA vs Tax Vendor
Monday, January 12
It is that time of the year!The right CPA can make all the difference, I am still dealing with tax issues from when I had my taxes done with a vendor instead of a professional. A vendor to me is anyone who takes a short class that allows them to do tax returns and then signs up to work for the ve...
Have your ducks in a row
Monday, January 05
So I see it all the time an investor or even the residential buyer that will come to me and say they are ready to buy a house, for most buyers I will make them get pre-approved or have proof of funds before I take them out but as we all know they are only good for 30 days in most cases.I can't te...
How I Made $200 Buying My Latest Deal
Wednesday, December 24
So let me start by saying there are some perks to being a Realtor, I am one to warn people about getting into the industry because of the hidden things people don't tell you about being an agent. But that is for another day, today I am going to talk about my latest deal, because I have access to ...