Real Estate Gurus?

Real Estate Gurus?
If real estate investing has a lot of anything, it is self proclaimed gurus who are trying to sell you something!  In general, I really believe in training and further education in your chosen field. Here is some advice I have and the research I would do before I would pay for any...
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I am ready for the weekend!

I am ready for the weekend!
What a busy week in the land of California real estate investing.  I closed on three purchase escrows this week alone and put two more under contract.  If you’re counting that should make 5 purchases for January.  So we are getting a great start to our 2010 goals. Three of...
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Got One! Rental House

Got One! Rental House
So I write a post like the one last week (Goal: Get a House By the End of the Week) and proceed to disappear for a week.  You’d think I was so ashamed to face the couple readers I have to this blog, that I went into hiding until I got one.  Sounds good, but I ended up having...
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Goal: Get a House By the End of the Week

Goal: Get a House By the End of the Week
If you have been following the blog for a while you’ll know we have had some great months, with a lot of acquisitions as of late.  But so far in November we’ve only had one closing (House #26). Right now, we have one property in escrow (House #27).  But I would like...
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Short Sale Flips – Watch out!

Short Sale Flips – Watch out!
Anyone who is doing short sale flips (or even considering it), especially same day flips, needs to read this article. The FBI is not a fan of so called investors who get involved in selling short sales within 24 hours of them buying them. The FBI recently added short sale flipping,...
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Know your Competition – Real Estate Investing

Know your Competition – Real Estate Investing
When you read the title of this thread, you are probably wondering where I am going with this article.  This is not about working with or being friends with your competition, although I think that can be valuable.  It is about knowing the deals other people are getting. I have this...
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Real Estate Investors – What Not to Buy

Real Estate Investors – What Not to Buy
Finding that perfect deal that meets all the rules is already so difficult, but there are some problems properties have that no investor can fix. I thought I would make a list of some of the things that get me to pass on a property, no matter what the price is: Busy Streets This...
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Confidence and Real Estate Investing

Confidence and Real Estate Investing
I just read a great forum post on Bigger Pockets and it really hit home with me.  Check out what Eric Medemar wrote, “Failing at Investing.” I have spoke with Hundreds and hundred of wanna be investors and I can tell you in 99% of the cases the trouble has nothing to...
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Sticking with a Deal Pays

Sticking with a Deal Pays
We put our first offer in on House #19 on July 21.  For over 40 days, we called the listing agent every third day to see what the bank was deciding.  He kept saying the asset manager was confused with a code compliance issue and was going to put the property on hold for now.  That...
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Make that Phone Ring

Make that Phone Ring
As we grow our operation we are constantly re-focusing our efforts on what is most important in this business.    The focus is make your phone ring in all aspects of this business.  Build relationships with asset managers, real estate agents, wholesalers, buyers and motivated...
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