Reality TV Real Estate Flipping: How ‘Real’ is It? Hi. My name is Clay and I’m a reality TV addict.Survivor, Shark Tank, The Amazing Race, Big Brother, and the list goes on…At the top of my list though are the reality shows about real estate, in particular, flipping. I am a sucker for them, and if I’m honest, they were a big reason why I decided to get into real estate in the first place. I mean don’t you see the massive amounts of profits real estate investors make in 30 – 60 … [Read more...]
8 Stupid Mistakes That Can Kill Your Real Estate Investing Business
8 Stupid Mistakes That Can Kill Your Real Estate Investing Business When you were a baby, you made tons of mistakes.You learned to walk on your own by walking, falling, getting up, walking again, falling…You hit your head, you cried, and you learned to be more careful… but, what would have happened if you one day decided to give up walking entirely?You said: “This walking thing is just too tough for me, y’know I keep hitting my head, bumping my butt, its just waaaay too hard. I think … [Read more...]
Inspecting A House: A Valuable Real Estate Education that Costs a Penny
Inspecting A House: A Valuable Real Estate Education that Costs a Penny Want to vastly increase the probabilities of success in the real estate investment business? Want to create a perception about yourself that instills trust and confidence? Well for the first 50 people to sign up, you can accomplish this for the introductory price of $1,495!But wait! If you sign up within the next two days, you can get this for only… are you ready? $997!Sound familiar? I have good news and good news (no … [Read more...]
A Flipper’s Best Friend? The Real Estate Wholesaler
A Flipper’s Best Friend? The Real Estate Wholesaler If you’ve read any of my other articles, you know I’m a believer in doing whatever you can to make the most efficient use of your time; which, in return, creates the maximum amount of freedom possible (the end goal for the majority of people getting into real estate). For the flippers out there, the one “to do” item on your daily checklist that never disappears should be:Find a Wholesaler.As far as I’m concerned, a wholesaler is … [Read more...]
Big Fix and Flip Mistakes In Real Estate
Big Fix and Flip Mistakes In Real EstateSince 2009, I’ve flipped 59 houses. And unfortunately, I’ve made the same mistakes multiple times on several of them. Why? Because fixing and flipping is not an exact science. I’ve had some time to reflect and came up with the four biggest mistakes I’ve made as a fix and flipper. Here they are, in no particular order:Overestimating the value of a property Over remodeling the property, Under remodeling the property Underestimating the … [Read more...]
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