Articles
The Paper Trail Every Rehabber Should Follow
For anyone planning to get into the business of rehabbing houses(even as a hobby), let me recommend that you have a consistent paperwork regimen with every contractor you hire, regardless of whether it’s a $100 project or a $100,000 project. For the most part, the risks are the same, and amount of effort to [...]
This Article is Copyright © 2004-2010 BiggerPockets, Inc. All Rights Reserved.
The Paper Trail Every Rehabber Should Follow
Read Article ›FHA Property Inspection Checklist
As any investor who has ever sold a property to an FHA buyer knows, there is at least one mandatory FHA inspection that must be completed by the lender prior to the closing of the property.
I often get asked what types of things do FHA inspectors/appraisers look for during these FHA inspections, and [...]
This Article is Copyright © 2004-2010 BiggerPockets, Inc. All Rights Reserved.
FHA Property Inspection Checklist
Read Article ›The 8 Rules for Flipping in 2010
It’s been a relatively tough real estate market for rehabbers/flippers for some time now, and with the home-buyer tax credit getting ready to expire at the end of this week, it’s likely only going to get tougher.
That said, for smart rehabbers who know how to buy right, rehab right, and sell right, there is still [...]
This Article is Copyright © 2004-2010 BiggerPockets, Inc. All Rights Reserved.
The 8 Rules for Flipping in 2010
Read Article ›The Real Way to Evaluate a Real Estate Deal… If You’re a Rehabber
I’m helping out a new investor on a property he wants to rehab. And like many investors he knows the simple wholesale/rehab formula which is to buy a house at 65% of the after repair value and then subtract the repairs, etc.
However, if that’s where you stop, you’re in big trouble and you might not [...]
This Article is Copyright © 2004-2010 BiggerPockets, Inc. All Rights Reserved.
The Real Way to Evaluate a Real Estate Deal… If You’re a Rehabber
Read Article ›Right Time to Rehab Real Estate?
I was talking to a real estate dabbler the other day. He is neither a wanna-be nor a real investor, he just purchased a couple of rental properties several years ago. He is a classic example of being lucky rather than good. He wanted to try his hand in the real estate game and was [...]
This Article is Copyright © 2004-2010 BiggerPockets, Inc. All Rights Reserved.
Right Time to Rehab Real Estate?
Read Article ›Are You Sure Your Independent Contractors Really Are?
As a real estate investor — and especially if you’re a house flipper — you will no-doubt be hiring a lot of independent contractors to support your business. And I’m not just talking about the people who will be working on your houses; your real estate agent, your attorney, your CPA, and most of the [...]
This Article is Copyright © 2004-2010 BiggerPockets, Inc. All Rights Reserved.
Are You Sure Your Independent Contractors Really Are?
Read Article ›Getting Started in Real Estate Investing and the Million Dollar Question!
I have heard from many “gurus” that the world of real estate investing has the highest “churn” rate of all investment opportunities. By churn rate I mean the number of people entering and leaving real estate during a specified time-frame. From a gurus’ perspective this means an almost endless supply of new, eager customers.
While I [...]
This Article is Copyright © 2004-2010 BiggerPockets, Inc. All Rights Reserved.
Getting Started in Real Estate Investing and the Million Dollar Question!
Read Article ›Why Many Wildly Successful Flippers and Wholesalers Will Face Bleak Retirements
It’s always been true, but since the correction the calls I get from those specializing in ‘quick turn’ projects, whether flipping or wholesaling, have more than doubled. The calls are predictable, usually coming within a few days after publishing a post about what their retirement will look like, given their long term M.O. — and [...]
This Article is Copyright © 2004-2010 BiggerPockets, Inc. All Rights Reserved.
Why Many Wildly Successful Flippers and Wholesalers Will Face Bleak Retirements
Read Article ›Better, Faster, Cheaper
There’s a popular saying in the technology industry (an industry where I spent much of my career): “Better, Faster, Cheaper — Pick Two“…
Basically, the idea was that you can build something at 1) higher quality, 2) in less time, or 3) for less money — but you can’t do all three of those simultaneously. At [...]
This Article is Copyright © 2004-2010 BiggerPockets, Inc. All Rights Reserved.
Read Article ›Getting Started in Real Estate: Part 4 – Rehabbing as an Exit Strategy!
In this fourth part to this series I am going to focus on one of the most profitable real estate investing strategies available. And when I mean profitable I am speaking of profits that can routinely exceed $30,000.00. Now that is a huge payday… and for many real estate investors that amount may represent a significant [...]
This Article is Copyright © 2004-2010 BiggerPockets, Inc. All Rights Reserved.
Getting Started in Real Estate: Part 4 – Rehabbing as an Exit Strategy!
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