Property Flipping: The Good, the Bad and the Ugly

Property Flipping - The Good These days, the term “property flipping” or “house flipping” carries illegal or fraudulent undertones. It used to just innocently mean buying a property or house below market value or at a discounted price from a motivated seller and selling it quickly with little to no renovations done on the property, thus, quickly generating profit. This real estate game … [Read more...]

Why Should a Real Estate Investor Not Be Content With Just Wholesaling?

In psychology, the capacity to delay gratification is a manifestation of emotional maturity. This was demonstrated in a study where most younger children opted to immediately get the small candy rather than wait for a bigger one later. This may also be apparent in real estate investing, but the maturity in question is, to a greater extent, financial rather than emotional. If you have been … [Read more...]

The Most Common Mistake Made by Newbie Real Estate Investors

Do not become a landlord or fix and flip real estate investor without the appropriate reserve funds. Without the appropriate reserve funds you will most likely be adding to our economy’s foreclosure backlog and just become another statistic. Take this advice seriously, it has been learned the hard way by many investors that have come before you. Refer to Murphy's Law. The Perfect Rehab? How … [Read more...]

FHA Suspends 90-Day Flip Rule

FHA Flip Rules

FHA Admits They are Hindering the Real Estate Recovery The FHA has finally come to the realization that many investors buying and fixing foreclosures are taking much less than 90-days to rehab their homes.  Good rehabbers can actually have an ugly house ready for occupancy less than 30 days after its purchase.  So beginning February 1, 2010, the FHA is suspending the 90-day resale restriction … [Read more...]

How to Flip Properties Using Other people’s 401k or IRA Funds

Did you know that you do not have to invest your retirement funds in the stock market?  Real estate prices are at historical lows and there may never be another buying opportunity like this one again.  Lifelong, conservative investor friends of mine that have always believed real estate investing was too risky are now purchasing and rehabbing properties using the money in their 401k’s and … [Read more...]

We just finished styling and modifying a #responsive #wordpress #theme for #wacom days ago