Finally got one!

Finally got one!
Well, after many offers, we finally got an accepted one.  This house is an okay deal and we most likely planning to wholesale it.  We can probably make 60-70% of the profit we’d regularly make fixing and flipping versus wholesaling. It is a 4 bedroom, 2 bathroom with a pool. ...
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Inland Empire Real Estate

Inland Empire Real Estate
Well the market here is still extremely hot!  No one outside of Real Estate can understand with the current market conditions how it can be a seller’s market.  All of the moratoriums have really hampered the avaliable inventory and now that we are in the busy season everyone...
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Should Investors get their Real Estate License?

Should Investors get their Real Estate License?
I see a lot of new investors asking this question.  The answer seems quite easy to me. YES!! The only major downside is you will be considered a professional in the industry and be expected to behave like one.  If you know of issues with a property you own, or are selling, you...
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Looked at 10 houses on Monday

The market sure seems to be hot with a lot more buyers than inventory.  We are search to buy at least two properties in April, so we identified 10 properties that looked like they would meet our criteria. After spending three hours looking at them, I got home and ran some numbers. ...
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The amount of REOs on the market seems low…

We put four properties in escrow in December, now the escrow’s are all closed, one is sold and another one of them is for sale.  That means it is time to start looking again! So earlier in the week I pulled out my trusty MLS token and did a quick look to see what is out there. ...
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Buying at Auctions?

Note: This post is completely from my personal experience and probably not true for all of the United States. We think we are pretty good at buying properties at a relatively profitable discount compared to the rest of the market.  This allows us to fix up neighborhoods and make...
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Cash, Hardmoney, Rehab Loans?

So you want you are ready to get into the real estate rehab game.  You’ve looked at 100′s of properties, started submitting offers, but are wanting to figure out your options.  Here is what I have noticed about the financing end of the game. To get the stellar deals...
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Don’t use the Bulk Offer Strategy!

Many people wake up with this brilliant idea to save them time.  Rather then going to physically look at the property, they canvas the entire MLS and offer 50% of asking price on every property in a city.  Once they get an accepted contract or a counter offer they do the diligence...
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House #5 – Side-by-Side

House #5 has a story behind it, like every property does.  When we first started making offers, we had no farm area.  We looked anywhere and everywhere. Well one afternoon, we looked at two houses side-by-side.  Our crazy optimistic side dreamed that we’d be able to buy both...
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Why you should pick a housing farm

When we first got started, we shopped for deals anywhere and everywhere.  Three of four days a week we would spend the morning or late at night looking at about ten houses.  After a day of searching, we’d get back and write 4-5 offers. Every distressed property we saw, we’d...
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