How to Find Deals to Flip for Quick Cash Have you ever been fishing when the fish just weren’t biting? During those times, it doesn’t matter what you are using for bait. When they are biting, they will bite on just about anything. Finding deals to do a wholesale flip is just like [...]
Continue reading...24. November 2009
Question: “What’s the best way to handle the closing for a wholesale flip?” Answer: “The short answer is to let the title company handle it. Your job as a real estate investor is to find the deal, get it under contract, and then get the property sold. Focus on finding deals and getting [...]
Continue reading...22. November 2009
Question: “Can you only do flips on houses that needs a lot of work, or you can do those on newer homes five years or less? “ Answer: “There was a famous direct marketer, the late Gary Halbert, who once asked an audience at a seminar he was leading an interesting question. He [...]
Continue reading...16. November 2009
Question: “What is your feeling about multiplexes for someone just starting out? Answer: “I think for people that are starting out in general, I would recommend single family homes. The advantage of multi-unit properties is you can hopefully buy it for less money per unit than you would have to pay for a [...]
Continue reading...15. November 2009
Do you remember this TV advertisement for the Apple Macintosh from 1985? In the advertisement, it shows people stepping off a cliff like lemmings. One of the great advertisements of all time. Have you ever felt like one of those guys stepping off the cliff when it comes to investing? Just about every time [...]
Continue reading...13. November 2009
It seems that just about every investor I talk to is looking for more money. Here’s a question that came up… Question: “I want to buy a property, but I can’t get the money. What do you do when the banks won’t lend you money, and you don’t have cash to work with?” Answer: [...]
Continue reading...13. November 2009
Question: “Is now a good time to buy rental properties? How do you see the real estate market? Answer: “To answer that, I’d like you to take a look this video of Steve Jobs in a 1984 video launching the Apple Macintosh. I love the memories that came up of actually using the Mac [...]
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24. November 2009
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