Real Estate Investing Articles
Get Your First Flip Faster by Working with a Mentor
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How to Wholesale a Hot Smoking Deal For 5 Figure Profits
5 Figure Assignment Fees may be hard for some people to believe in today’s Real Estate Market. Believe it or not, they are still out there for the active, persistent and methodical real estate investors, even the first-timers! Wholesaling Wholesaling is the art of finding and assigning properties. It can be so appealing to new investors because there is very little cash required to support these types of deals and credit is not an issue. A new investor requires only a small amount of cash to cover earnest money deposits, advertising, etc.things like this. Spend some time envisioning the type of lifestyle that fits your family and personality traits. Then begin to realistically set your goals based upon the vision. |
Rehabbing Houses For Profit
putting in the work
The other major way to make money in real estate is to purchase distressed houses and rehab them. The advantage here is that you are creating equity by turning a home that no one wants into one that is in demand. Typically, you can make $30,000 to $90,000 on an average rehab project, but you have to know what you are doing, or else you risk losing your investment or at best, breaking even.
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The Top 3 Reasons to Stage Your Flip to Sell It Fast
In flipping properties, it is important to be able to sell the property at an attractive, low price and still earn profits. So, keeping costs as low as possible is very important.
Having said that… should additional funds be spent for staging a property for flipping?
The answer is a big YES, unless the property is to be flipped as is, or you’ve already secured a qualified buyer which would eliminate the need for staging.
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WHAT IS A DATABASE AND WHY DO I NEED ONE?
A Database is a list of people or businesses.
For our Real Estate Investing purposes it could include buyers, sellers, bird-dogs,
prospects and other items deemed relevant.
The information usually contained in a database would usually include names, addresses,
phone numbers, email addresses, fax numbers and websites if applicable.
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