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40k Flips - Page 8 - Strategic Real Estate Coach

2013 Is Your Year To Be Daring, I’m Going To Help

Category: 40k Flips

2013 Is Your Year To Be Daring, I’m Going To Help

The New Year is just around the corner; it’s a time to start fresh and focus on new goals and what you want to change in your life. So I’m setting out a challenge for you:   I DARE YOU to make it the best year yet. I DARE YOU to make more money this […]

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My Life in Real Estate - Ballash Rd Case Study Part 2

Come along with me as I take you through the rehab that's going on at Ballash Road in Medina. We're about 4 weeks in to the project. Our budget was over $30,000, and I want to show you some of the changes we've made so far. About half of our budget was materials and half […]

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Home Ownership Possible After Foreclosure or Short Sale

 There’s a new term in real estate to know – boomerang buyers. This is the term the Wall Street Journal has coined for people who have gone through a foreclosure or a short sale and are ready to be a homeowner again. They have come through the rough patch and are back in the market. […]

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A Great Finished Product Leads To A Great Profit Potential

This is the third video in this series about private lending, and we revisit the house on South Main St. My brother, Mark, walks us through the budget on this rehab and what had to be done to get this house ready for it’s debut. The project took us about 10 weeks and just over […]

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Don’t Let Mold Scare You Away From A Great Profit Potential!

I’m back in another REO I just acquired… and it’s a short one because there’s a lot of mold in this house – we had to get out of there quick! This is an REO, we’re buying and fixing it up, and will relist it. It needs $5,000+ in mold remediation alone! But, it’s in […]

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What Do Mortgage Lenders Look For In A Borrower?

There’s been a lot of coverage in the news lately about low interest rates on home loans, and this is causing more and more people to either try and refinance or get approval to move forward with a new home purchase. Even though mortgage rates are low and deals plentiful, it’s still not easy to […]

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New Freddie Mac Short Sale Guidelines Announced

As of Nov. 1, the new short sale guidelines announced by Freddie Mac went into effect. These guidelines now ensure that Freddie Mac and Fannie Mae have the same rules regarding short sales. There are three main things to be aware of in these guidelines that are designed to speed up the traditionally long, slow […]

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Flipping Houses Gaining Popularity

I’ve been telling you for months and months that there is a huge opportunity in the housing market now thanks to a flood of distressed properties on the market. The opportunity lies in buying low, rehabbing the house and selling it for a big profit. That strategy is gaining popularity, as evidenced by the recent […]

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Foreclosures Down in September, Hit 5-Year Low

The latest foreclosure numbers are out, and the month of September showed the lowest rate of foreclosures since July 2007. It was the second month in a row that the numbers were down, following three months of increases. Year-over-year numbers for September showed a 16% drop, with the biggest declines in the states hardest hit […]

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Morality an Issue for Defaulting Boomers

For the aging baby boomer population, the decision to strategically default on their homes is one that is steeped in morality. As baby boomers face retirement, those who are struggling with their mortgages are pondering a difficult decision – whether to walk away from their homes before their financial reserves are completely depleted. According to a […]

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