Do your own loans....
Ohio State Buckeyes
Don't ever let your workers....
I could name a ton of things here, but I will just name a few.
Don't let your workers on fix and flips:
1. stay at your flips
2. get loans or advances from you
3. do all of the jobs
4. hire subs without the subs knowing that you are not responsible for their pay
5. .......................and so much more
Finding Buyers
craigs list
anyone have any startegies they would like to share for success on craig's list? i have quite a bit of luck on there...and I am always open to new ideas.
and what about selling...any luck selling on there?
My Worst Flip
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Looks Pretty Doesn't It!!! Beware!!!
This was the first of several firsts when it comes to doing a fix-n-flip. 1) This was my first home over $400K to flip. 2) This was my first and last home in a country club I have flipped...never again! 3) This was my first flip of a newer home...my idea was to upgrade a great home that was built in a master planned community with all of the basic builder selections....my goal was to upgrade the home to match the neighborhood (granite, travertine, etc.). 4) This was my first loser... continue reading >>
LOOKING FOR RESIDENTIAL:15-20% SPREAD
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I AM CURRENTLY LOOKING FOR RESIDENTIAL PROPERTIES WITH A 15-20% SPREAD THAT DO NOT REQUIRE FIX UP WORK IN THE PHOENIX METRO AREA. I WILL NOT BE USING HARD MONEY OR CASH TO PURCHASE THESE HOMES.
IF YOU'VE GOT 5...I MIGHT BUY THEM. IF YOU'VE GOT 10....I MIGHT BUY THEM. I DO MY HOMEWORK ON THE HOMES SAME AS ANYONE.
THIS INCLUDES HOMES YOU MIGHT HAVE WITH THAT SPREAD THAT ALREADY HAS RENTERS IN PLACE.
I HOPE ALL IS WELL. ABE FOR PRESIDENT! BIG D IN HAWAII FOR AMBASSADOR.
JESS (propertybuyer1000@yahoo.com)
... continue reading >>POINTS SYSTEM
Preview:
Abe is obviously deserving of the re-structure of the points sytem's highest points.
My goal on this site is like many of you is to possibly do business on here. I want you to possibly find a way to do business with me and I would like to, hopefully, find a way to do business with you. This is not the only dynamic of this site.
This REI community has both educators like Abe and Donovan, it has war stories from many of us, and it has others who want to find a way to take these awesome... continue reading >>
Lease Option Thought...or deep thought
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I have had succes not writing a set amount on my lease options. Crystal got me thinking about this with her latest blogs(which you must read and grade so she can joing the "Investor" ranks). My point is that I have had success writing the purchase price amount for 2% less appraised value using "my appraiser". This value is AT THE TIME OF PURCHASE.
Like I have said before, the 2 times I wrote set amounts in stone on the option price, I had both of my tenants buy the home at the beginning of a booming market.... continue reading >>
Small Success Story
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I am having a good day. I just sold one of my properties. It was still in the repair mode and I my guys were about 95% done. I decided to list it with the idea that maybe I would get some viewings. Preface: if you don't know Phoenix is a bit slow moving right now compared to what we have seen....this is my opinion. Anyways, I listed the home today at 10am and got a full price offer 9 hours later (2 viewings today!). IMPORTANT NOTE: I purposely priced the home just under... continue reading >>
