Real Estate Junkie Articles
FIX OR FLIP A HOUSE?
As an Investor your exit strategy when purchasing a home is very important. As an Investor you should have more than one exit strategy for example: buy, fix and then flip or hold, wholesale during the contract inspection period or purchase and flip “as is”. Every Investor should have a formula when purchasing […]
Crushing Code Violations and Liens
When purchasing properties it is always best to order a Lien Search which costs about $125.00 to $150.00 as the search shows any open permits, liens for cutting grass, violations for exterior repairs, tax information on the property and water utility debts. The Lien Search is separate from the Title Search and open permits and/or […]
BIGGER PROFITS WHEN YOU BUY A SHORT SALE AND RETAIL THE HOME!
When I am purchasing a property either for myself or with my student/partner, we determine which exit strategy is the best for both parties. Knowing whether you want to wholesale a property for a small profit or rehab/retail it for a big profit is important. Many investors start off with wholesaling the properties because they […]
Less Competition With Short Sales
Many Investors avoid working with Sellers in pre-foreclosure or making offers on short sales. They all say the same thing, it takes too long! I strongly disagree with this decision. I have been working on short sales for years now and even though it does take a few months, it has been the best deal […]
