Flipper and a Landlord? Why Both…

Flipper and a Landlord? Why Both…
Big checks, quick sales and glamorous before and after photos is something everyone can get excited about.  People who aren’t in the business have tons of questions for me about this process and everyone is ready to do it themselves one day soon! On the other hand, when I tell...

The $5,000 Southern California House

The $5,000 Southern California House
We’ve all heard stories of houses you can buy for $5,000.  They usually are in Michigan or Ohio.  In June of 2011 we got a good introduction from a friend and fellow investor and were able to buy a house for $5,000 in Southern California. In 2006 a family that build houses...

List Price – It’s Just a Number

List Price – It’s Just a Number
Often times people ask me if my typical offer is a certain percentage of list price.  The answer is it depends. House #27 taught me a lesson I will never forget.  It was listed at $63,000 and in superb condition (more or less ready to be rented).  After looking at it, I told my...