Archive for the 'Investors' Category

Should an Investor Become a Realtor?

As an investor you can flip, wholesale, and buy creatively. As a realtor you can do the very same things. But at some point in the negotiations, you must simply disclose that you are realtor. No big deal.
Investors are governed by the state, federal, and local laws. Realtors are governed by the board of Realtors. [...]

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How to Find a Great Realtor to Run Your Property “Comparables” (Comps)

Establishing value on your property is critical. Skill number one above all other skills to master.
The most important aspects of being a real estate investor is the ability to establish value on houses or properties you are considering buying, wholesaling, or flipping. Irregardless of location, be it California, New York, Houston, or Dallas, its a [...]

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How Do I Get a Daily Foreclosure List Free?

As a seasoned, birddog, wholesale, or just new real estate investor, you need all the tools of the trade you can get at your immediate disposal. One important piece of data to have as a real investor is the list of houses going into foreclosure.
But how do you get this list? Is there a fee? If [...]

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Your Office - Faxes, Software, and Phones Plus a $30,000 Tip

In this article let’s discuss setting up your office with printers, faxes, telephones and cell phones. What to get when and where.
My virtual assistant (va) always saves me a lot of time and frustration with software programs I do not know how to run, so I can do what I do well, which is wholesaling, birdogging [...]

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Realty Vs Real Estate Vs Real Property

Realty and personal property terms have often been confused as to what they exactly mean. Here we will clear that right up for you. We will look at the terms personal property, realty, land, real estate, and lastly, real property.
Let’s begin with personal property. Personal property, also known as chattel, is everything that is not [...]

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The Formula For Buying Foreclosures

With all the foreclosures occurring, now is a most advantageous time to buy and invest in houses. But how do you know what is a good deal and what is not. Well if you want to rehab, wholesale, landlord or bird dog these guidelines and specifics will help you.
Lets start with what is actually a [...]

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Close Great Deals, Avoid Skinny Deals

Often the new, and occasionally the seasoned investor will close on a marginally profitable house deal or flip which only sets them up for bad buying habits. This should be avoided. There are many reasons to not do marginal or skinny house deals. Let me share a few.
If an investor finds themselves in the rut [...]

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What is Driving For Dollars?

Driving for dollars, simply put, means driving through subdivisions looking for abandoned houses. You will spot them easily once you have drove for dollars a few times. They will be the houses that have boarded up windows, overgrown grass and neglected landscaping, and as seasoned investors like to call it, deferred (house) maintenance.
Real estate investors [...]

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The Investors Office - Software, Faxes, and Phones; Plus a $29,000 Tip

In this article and its sister article we will discuss setting up your office regarding printers, faxes, and telephones. What to buy, when, where, and why!
My virtual assistant (va) always saves me a lot of time and frustration with software programs I do not know how to run, so I can do what I do well, which is [...]

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Never Use Zillow.com to Comp Properties and Here’s Why

I will cut straight to the chase on why you should never use Zillow.com, PropertyValues.com or any other online property comping tool. You only want to use the multiple listing service (MLS) which is what Realtors have access too and use to comp properties.
First, understand that to “comp” means to run a property comparable, to take the [...]

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