Real Estate Investing Blog

Wholesaling Real Estate: The New Virtual Trend

One growing trend over the past couple years has been “virtual” wholesaling.

Wholesaling is a great way to get started into real estate because it does not require good credit and takes very little money to get started. Wholesaling has allowed me to escape my “Corporate America” job.

I wholesaled in very high volume for a few years, which created a nice income stream to replace the salary from my job.

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Lightning-Fast Funding, No Credit Needed – Use Hard Money

Lightning speed funding

A hard money loan is a form of real estate financing that’s based on the value of the property to be purchased rather than the credit of the borrower. Hard money loans are most often used for house flipping or other investing strategies that require a quick turnaround.

It’s like another tool for your toolbox, and as you’ll see, the benefits of this unique financing strategy are worth learning about. Here’s how hard money loans can help…

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13 Warren Buffett Quotes for Real Estate Investors

Today’s market fluctuations are your friend because they’ve scared off your competition and because the fluctuations have created a flood of motivated sellers.

If you follow the news, you’ve likely become concerned about the state of the housing market. It’s no wonder. Just open up the real estate section of any paper, and you’ll see nothing but negative headlines.

For guidance in troubled times, who better person to turn to than Warren Buffett? Here are 13 of his most famous quotes translated it into practical advice for real estate investors like you…

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Are You Ready to Be a Bandit Investor and Steal Some Deals?

rocky raccoon

I have wholesaled hundreds of houses, and the primary question I always get relates to how do you find all those houses to buy direct from the owners.

The truth is that there is not a single silver bullet that generates all the leads. It takes intentional and persistent marketing efforts to consistently have your phone ringing with motivated sellers. The good news is that there are a lot of guerrilla methods that collectively work very well at a minimal cost….

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Private Lenders = Cash Flow Now + Infinite Returns

The catalyst used none of his own money to get monthly cash flow and an infinite return.

When a real estate investor works directly private lenders, you get the winning combination for cash flow. Both parties are critical to the overall success of the investment–and both parties benefit.

The private lender gets a strong return on his money with none of the work. The investor enjoys an infinite return because he used none of his own money in the deal.

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Wholesaling Real Estate: How to Close the Deal

real estate contract

There’s an old saying: “A verbal contract is as good as the paper it’s written on.” Once you find that elusive motivated seller, you’ll need a document to “tie up” or buy the house using a Purchase Agreement or contract.

Write up EVERYTHING that you and the seller have agreed to verbally. Unless you have it in writing and signed, you have NO agreement at all.

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Show Me the Money!

Show Mw the Money!

Most investors I interact with want to eliminate the need for bank financing, but the question I am most often asked is Jim, “show me the money.” (This line became very popular after the Jerry McGuire movie.)

Well, the truth is that I do not have a money tree growing in the back yard, so I cannot literally show you the money. I will, however, show you some strategies to help you find your own money and, better yet, start to attract your own money…

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5 Real Estate Investment Strategies – No Money Down

No Money Down Real Estate Investor

Successful real estate investors can make money in any economy, in any market, but today’s super-soft real estate market can make it even easier because of the abundance of motivated sellers out there.

Here are 5 real estate investment strategies you can implement right now without using any of your own money or credit.

1. Quick Flipping – Wholesaling

This is the classic buy low/sell low strategy and…

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Can’t Find Any Houses with Equity? Think Again

34% of Houses are Owned Free & Clearand 57% have Equity

Recent posts on the Real Estate Investing Forum have asked about taking over the seller’s payments and not being able to find any houses with equity.

Here’s the truth. There are still houses with equity, but most investors are marketing without targeting or filtering their lists so they only get calls from over-leveraged deals.

Here are the recent statistics by the U.S. Census Bureau, and also by a recent article in the The Wall Street Journal

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Real Estate Investing: Why “Creative” is Sexy Again

Problems are opportunities in disguise

In today’s shaky economy and crazy real estate market, you can set yourself free financially by investing in real estate with low-risk creative real estate strategies.

“Creative” real estate investing techniques have been around for a long, long time. When it’s easy to get cheap bank financing, they may not be as popular or necessary. But when times get tough, knowing how to invest in real estate without needing a bank is the key to your investing success…

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