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Real Estate Investing Is NOT….

Monday, January 7th, 2008

Condo (or any real estate) contracts from the developer pre-construction
That's gambling and the house always wins.
Property Management 
Property Management is a low profit business that will take years off your life
Flipping Houses
Flipping houses is a business that generates and income, you stop flipping, and you stop earning
Wholesaling/Assigning Contracts/Flipping Contracts
See Flipping Houses 
Watch the video to get my [...]

Make Your Money When You Buy

Thursday, December 27th, 2007

Here is a 2.5 minute video where I lay out the principle "Make Your Money When You Buy"
It is easy to find a house to fix.
But you are not looking for a house to fix.
You need to find a house that you can make a profit on.
Fixing the house only makes the profit larger and [...]

8 Basic Steps to Flip a House

Thursday, December 20th, 2007

Here is a clip from a seminar I did and I lay out the 8 basic steps to become a real estate investor that flips houses.  Here are the steps I lay out:

 Study The Business
Research Your Farm Area
Find A Deal
Close The Purchase
Fix and Make House Market Ready
Hold The House
Sell The House
Close The Transaction

Of course I [...]