Category Archives for Flipping/foreclosures
Don’t Get Scammed by a Seller – Do an Inspection!
One question that seems to be commonly asked among those who are interested in real estate investment, particularly in flipping properties, is whether or not a real estate inspection is really necessary. The long and short answer to that question is absolutely and I will do my best to explain exactly why this is so. […]
Continue readingHow to Buy Bargain Properties at an Auction
So you want to invest in profitable property or simply buy a new home at a bargain price? If so, you want to consider property auctions. Properties sold at auction are often owned by mortgage lenders after repossessions, former council/housing association homes or have been empty for some time after the owner passed away. In […]
Continue readingThe Basics of “Short-Sales”
You will likely come across dozens of properties in foreclosure with little or no equity, that is, the seller owes at close to or more than the property is worth. In these situations, lenders are sometimes willing to accept less than the full amount due, commonly referred to a “short pay” or “short sale.” Negotiating […]
Continue readingHow to TRIPLE Your Success Rate on Foreclosure Deals
Calling foreclosure leads, knocking doors, and mailing letters, but no success? That’s because your angle is all wrong. Instead of offering to BUY the person’s house, try to gain trust and rapport with the seller. In other words, instead of coming on hard, try a “soft sell”. Offer to explain the process to the person […]
Continue readingWhat To Look For In Foreclosures
Foreclosure investing can be difficult if you are not sure what to look for in bank-owned homes. There are certain learned skills that come with consistent investment in foreclosures. Let’s take a glance at what a trained foreclosure investor’s eye looks for when seeking out the best home for his or her buck. Location Just […]
Continue readingMarketing Your Home in the Winter
8 Tips for Marketing Your Home in the Winter So, you got a deal in late summer or you just picked up a great deal for rehab and it will be ready way before the prime selling season beginning around March of next year. Although Winter isn’t always the best time to sell a property, you […]
Continue readingHow to TRIPLE Your Success Rate on Foreclosure Deals! Part Two.
In Part One of this article, we talked about Tripling your success with foreclosures by offering to tell the seller about their options instead of trying to buy the property at first. Calling foreclosure leads, knocking doors, and mailing letters, but no success? That’s because your angle is all wrong. Instead of offering to BUY […]
Continue readingHow to TRIPLE Your Success Rate on Foreclosure Deals! Part One.
Calling foreclosure leads, knocking doors, and mailing letters, but no success? That’s because your angle is all wrong. Instead of offering to BUY the person’s house, try to gain trust and rapport with the seller. In other words, instead of coming on hard, try a “soft sell”. Offer to explain the process to the person […]
Continue reading5 Things You Should Know Before You Flip A Property
01. Money is made at the buy, not on the sale of your flip. – When flipping a house your money is made at the purchase, not at the sell of the house. So, many times people buy a house with the intentions of making a huge profit only to find out that they could not […]
Continue readingHas TV Changed Real Estate Investing?
If you take a look through the television stations on almost any given day there is a television show somewhere that features home improvement, real estate investing, or some sort of combination of the two. From shows that teach people how to sell homes that have lackluster reviews to shows that teach viewers that it […]
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