The Question Every Fix and Flip Investor Should Ask
When I first learned that my wife was pregnant 14 years ago, I was certain we’d have a boy. I’m not sure why. At the time I guess I figured I was a boy, and my only sibling was a boy. Plus, I wasn’t...
View ArticleHouse on a Busy Street: Profit Killer or Killer Profit?
They say there’s no problem price can’t fix. As a matter of fact, I say this all the time to just about everyone that brings me a distressed property deal. Does the house need a new roof? Easy, take an...
View ArticleHow to Determine the Foreclosure Discount in Your Real Estate Market
It was March of 2012. I was in Denver at the BiggerPockets.com real estate investment summit to teach an evening session on fixing and flipping houses. At this conference I met a very intelligent man...
View ArticleWhat Exactly is a Foreclosure (And How Do You Buy One)?
Did you know that the word “run” has 179 different meanings? The word “take”, according to Dictionary.com, has 127. You can use these words as a noun, verb, or in verb phrases. Thanks to the website...
View Article6 Ways to Immerse Yourself in the Fix and Flip Business
She was upset. My youngest daughter, Audrey, didn’t want to be the red fish in the school drama club performance of Seussical the Musical. To her, the role was small and unimportant. Audrey was in the...
View Article5 Lessons Learned From a Bad Fix and Flip Deal
He was like an angel, hovering three stories above the ground. Okay, he wasn’t really hovering. This contractor, likely sent from Heaven, was actually standing on a 32-foot extension ladder. His name...
View ArticleNon-Permitted Work: A Fix and Flip Investor’s Nightmare
My spider senses were tingling. Something didn’t feel right. It didn’t look right, either. The house, located just east of the Milwaukee airport, had a lot of curb appeal. The sky blue vinyl siding was...
View ArticleHow to Know if You’re a Wholesaler or Fix and Flip Investor
He was angry. And who could blame him? This man was going through a very stressful experience. Behind on his mortgage payment and facing foreclosure, no doubt he’d already received dozens of phone...
View ArticleThe 70% Rule and Why You Should Break it 100% of the Time
If you’ve spent much time studying the business of real estate investing, specifically fixing and flipping houses, then you’ve probably heard of the 70% rule. It goes like this… If the after repair...
View Article16 Reasons Fix and Flip Investors Need MLS Access
What if I told you that there was a database full of valuable real estate information that could earn you hundreds of thousands, and possibly millions of dollars? How much would this be worth to you?...
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