House #13 – Megan’s Law

House #13 – Megan’s Law
We now have over 10 offers on House #13.  After isolating our 3 favorite offers we sent them all the same counter and the two responded quite interested.  We did some additional negotiation and one couple was going to re-submit their offer today.  The agent called and said the...

Tips on How to Make an Attractive Offer

Tips on How to Make an Attractive Offer
We have now bought 15 bank owned properties and probably made over 1,000 offers on property! Banks and sellers are usually looking for more then the person who is willing to pay the most, but people they know will be able to actually close the escrow. The most important thing is to...

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...

California Hard Money Loans

If your an experienced investor you have probably heard people talk about hard money.  I am going to provide a brief explanation of what it is, and who it is best suited for. Hard Money in terms of Real Estate is basically a private loan against real estate.  Typically it is a single...

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...