One of the questions I get asked most often is: How do I get started flipping houses? Before we get too far into things here, let’s make sure we’re talking about the same kind of flipping because there are a lot of people out there, including gurus and coaches who say they teach flipping houses, …
Newbies aren’t the only ones guilty of these… Flipping houses can result in time freedom, energy freedom, a really fun life, and financial security. It can also cause you to lose money, if you just decide to go all “willy nilly” and figure it out as you go. You’ve got to have plans and processes in …
Secret #1: Professional Real Estate Investors Capitalize on Leverage What does this even mean? Leverage can be defined as the use of credit or borrowed capital to increase the earning potential. In plain speak, it means using Other People’s Money (also referred to as OPM) to make a profit for yourself. Most Popular Forms of OPMHard Money I …
To Put It Another Way: There Are No Easy Buttons Or Shortcuts, My Friend.So, what’s got my blood boiling this morning, you ask? This email sitting in my inbox:It was forwarded to me from a student who happens to be on this company’s email list. Pretty bold claim, huh? Isn’t this exactly what any real estate investor …
The Investor MLS and Similar Platforms are Totally Unnecessary. Read More »
Yikes. That’s going to meet some resistance… But that’s ok because I’m here to educate and inspire you, not placate you. I’m going to lay out some very real issues with the 70% Rule and give you an even smarter, always current way to calculate your offers.What is the 70% Rule?In case you haven’t heard of the …