Adding Square Footage Can make a Skinny Deal a Big Deal
Thursday, April 14
A fellow Real Estate Investor & JV Partner of mine, recently bought a single story single family home Bank REO at an online auction for $130,000. At the current comps of $140 a foot, the 3 bedroom, 2 bathroom, home, rehabbed, would sell tops for around $182,000. With $30,000 in rehab and hold...
One All Cash Deal VS Many Leveraged Deals running concurrently?
Tuesday, April 12
I know that to many of you the answer is obvious but is it?I run into many investors who seem to be stuck on the one deal at a time paradigm. More importantly, they seem to be stuck with using as much of their own cash and credit as possible.Now of course, the guys who make money selling seminars...
Make 14 offers and get 2 deals minimum net upside 27%
Tuesday, March 15
Over the past two years I have developed a proprietary software application. Which processes MLS Data and develops a highly targeted list of undervalued and under market valued properties on which to make offers on. I only look at the property once my offer is accepted. Typically, the system gene...
Wholesalers. Is it worth the Time?
Monday, March 14
Hi,Call me naive or even ignorant. But my experience with Wholesalers in Las Vegas has been far from positive. I have been flipping for the past several years, and have been over time approached by numerous wholesalers. My experience has been as follows; Most Wholesalers are Newbies and are would...
Why Sometimes Doing Nothing Works!
Saturday, October 03
So about four months ago, my business partner has an inside track with this HUGE DEAL! It was a Spanish client of his, whose husband passed away, after a legal battle with her late spouse's family, she won the right to sell the home that they had lived in for years. She had it one the market for ...
Buy it Right Sell it Right?
Friday, September 11
Everyone knows that if you buy anything right, you can sell it right. This goes for virtually everything, from cars to boats to...? Is Real Estate exempt? I don't think so, but there are still some trap doors to watch out for. Location Location Location! I know when I was in the ad business and w...