Insuring Your Flip with the Wrong Insurance can Ruin You!
Friday, November 18
If You Are Smart You Buy Insurance Latest Acquisition. $50,000 Purchase, Rehab $38,000, Sell for $128,000! Does this project deserve the right kind of Insurance? Like anything else, when you buy a house to flip, you need insurance. Now everyone's perspective on insurance is a little differe...
How to Find Flip Deals on the MLS and work with Sellers Agents
Friday, October 28
A Deal is a Deal Regardless of Where it Comes From!When you go to the seminars regarding real estate investment, if you pick up any real estate guru book, buy property with no money down, find deals for as little as $10, get into real estate using other people's money, OPM, they all have the same...
Finance or All Cash Flip
Wednesday, September 28
Why You Should Always Finance Your FlipIn talking with newbie Flipper Investors, I am always surprised at their reaction to the cost of financing or as I refer to it, the cost of renting money. Essentially, as a Flipper, you can go all cash, or, you can finance. Now most flippers finance simply b...
Las Vegas REI Flipping Working Class Neighborhoods for Top ARV
Thursday, September 22
Nebraska Purchase $92,000 Sold $143,000 In Las Vegas, I have a track record of finding below market deals and after renovation, flipping them for way above market pricing!Whether they are Bank REO, Foreclosure, Fannie Mae or HUD homes, and a few owner sellers, I am finding dirt and turnin...
Las Vegas Section 10 Flip Potential $400,000 Net Upside!
Tuesday, May 10
Okay, I have been working on this deal with an associate and friend Victor G. (also a member on this site) for the last six weeks, and we finally have it under contract. Bank REO, 4,700 square foot two bedroom house sitting on half an acre with a swimming pool in the middle of the living room!The...
Why Putting a JV Partner on Title is not always a Good Idea!
Friday, April 15
People are funny, especially around money. About thirteen years ago a business partner of mine from the Warranty business, made a statement which has stuck with me ever since. You see Bill L. had been a top executive with Prudential Investments, during the go go days of the 80's merger and manage...