Flipping houses is considered the easiest form of real estate investing by many. But did you know that you can even make it easier? All you need to do is start flipping houses to motivated sellers.First, lets make sure that we have the same definition of terms. Flipping houses, which is also known as wholesaling houses, is simply placing a property under contract to buy it. However, you will not personally purchase that house. That doesnt...more
The term wholesaling houses often discourages many investors because it sounds like it requires huge capital. Some think that its about selling properties in large quantities to earn huge profits. Many investors feel that they dont have the capital to buy that much houses to sell. Others think that they have to wait for years to reap returns. Little do they know that they earn quick money from wholesaling houses even with little or no...more
Whoever said that you need to wait for years before you can earn the fruits of your investments in real estate probably has yet to hear of rehabbing houses. This business can earn you tens of thousands of dollars in just a matter of months. Imagine if you are able to rehab four homes in a year and earn $30,000 from each of them. Will an additional $120,000 help you settle debt and those bills?If you plan to venture into rehabbing houses, what you must primarily consider are two things: the first is proper grasp of the business and second is the right marketing strategy. In a business like this, being informed is better than having money. You will eventually lose that money if you dont fully understand how the system works. Heres the basic definition of rehabbing houses: It is buying distressed properties, making some repairs and improvements to increase their value, and then selling them for a profit. As for more information, you must read books and articles about it. Attend seminars and hire a mentor if possible. If you have no idea about it, start by checking it out online. Go to websites like rehab-real-estate.com. They have good articles for beginners.The second primary thing...more
In any kind of business, it is always important to maintain a certain level of professionalism. Sometimes, it is professionalism that determines whether a business survives or sinks. When rehabbing a home, the same principle applies. However, there are some instances when rehabbers commit unprofessional acts without even noticing it. Here are some...more
Rehabbing houses is among the hottest trends in real estate today. In fact, many individuals have given up their regular jobs so they can focus on rehabbing houses alone. Given this, many people are wondering if this trend is indeed worth a try. We have asked some successful rehabbers in real estate today about the satisfaction that they get...more
If you want to enjoy the California sun but do not want to pay the house prices you see in San Francisco, Los Angeles, or the Bay Area, Stockton is a good choice. Stockton foreclosed homes are affordably priced and since the area already has relatively affordable real estate, these distressed homes are really quite affordable. As well, Stockton is considered quite safe in comparison to major cities in the state and offers a wide range of options for families, investors, and young professionals buying a home. Stockton foreclosed homes are wonderful properties without the high California asking price. There are many areas of the city where you will want to consider buying a repossessed home. The northern area of Stockton offers a range of nice communities. The community around the University of the Pacific (UOP) offers some very nice properties. This is also the ideal location for investors to buy repo homes, as students, professors, and visiting faculty are always looking to rent property in the area. One of the more exclusive neighborhoods in the Stockton is Lake Lincoln. This has some of the most stunning properties in the area but is still quite affordable, especially for buyers...more
Many homeowners are struggling to keep their homes these days; some are scrimping and saving to continue with their mortgage payments while others are fighting a losing battle and can no longer afford to pay their monthly payment. Regardless of the...more
If you are like most investors or homebuyers looking into buying a foreclosed home you are excited about the idea of getting a really good deal on a home. Unfortunately you may also be like many real estate investors and assume that the price the...more
With hard work and perseverance, the business of wholesaling houses can be your ticket to a great life. It can give you lots of opportunities to make money in the real estate market without having the need to invest a huge capital. Sounds impossible?...more
People say that when you are in extreme sports, you must adopt the fearless philosophy. When you are a teacher, you have a patient philosophy to understand your students. When rehabbing a house, there is also a certain philosophy you must...more
Flipping houses is illegal and it is more trouble than its worth. You have probably heard these words from skeptics and those who want to block your road to success a dozen times. What they dont know, however, is that the things they say about...more
Rehabbing a house shouldnt be a pain in the neck. In fact, it is a highly enjoyable and exciting task because you get to experience firsthand the joys of transforming an ugly house into a thing of beauty. You can also earn a lot of money while doing...more