Michael LaCava, Author at The BiggerPockets Blog

Archive of Michael LaCava

Michael LaCava is a full time real estate investor, house flipping coach and the President of Hold Em Realty located in Wareham, MA. He runs the website House Flipping School to teach new real estate investors how to flip houses and is the author of "How to Flip a House in 5 Simple Steps".

Michael has written 41 articles for The BiggerPockets Blog.

Investor Psychology

How to Never “Work” Another Day In Your Life…

by Michael LaCava June 16, 2013

I had just hit the snooze button for the third time… Although I had a busy day ahead of me which I knew would be good for my business, I dreaded the thought of even getting out of bed and going to work. For some reason that particular morning, I just couldn’t stand the thought [...]

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Real Estate

Should Your Family Get Involved in Your Real Estate Investing Business?

by Michael LaCava June 9, 2013

Many of us have been in them… Many of us are still in them… Some will stay in them forever… Some can’t wait to get out of them as fast as they can… I’m talking about the family business. You see, I was once involved in my family’s flooring business – which subsequently led me [...]

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Real Estate

What Should I Re-Name My Real Estate Investing Business?

by Michael LaCava June 3, 2013

I have a real problem and I hope you can help. You see, I have this real estate investing business that’s doing pretty well right now, growing really rapidly and is doing better than I ever thought possible…but I have a really big issue… The business has a horrible name. Usually here on BiggerPockets, I [...]

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Investor Psychology

What My 2 Daughters Taught Me About The Power of Indirect Influence

by Michael LaCava May 26, 2013

Last week my daughter said she needed to talk. Fresh back from her first year in college, and not unlike the millions of college kids who go away for their first time – she had had a challenging first year at school. As college is known to do, for the very first time in her [...]

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Flipping Houses & Rehabbing

How I Lost Out on a $300,000 House Flip

by Michael LaCava May 19, 2013

He who hesitates is lost… The early bird catches the worm… Don’t step over the dollar to pick up the nickel… In house flipping, all these sayings are true. And if I had listened to any of them, I’d have a $300,000 house flip in my pocket right now. Now THAT is the true meaning [...]

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Real Estate Investing

The 10 Commandments of Real Estate Investing

by Michael LaCava May 12, 2013

Although Easter was a few weeks ago, I’m still in a Ten Commandments kind of frame of mind. Although I’m far from a religious kind of guy, there’s something amazing about the scene in the Ten Commandments when Moses comes down from Mount Sinai after getting the 10 Commandments from God. As you may recall, [...]

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Flipping Houses & Rehabbing

How to Flip Houses Like Steven Covey

by Michael LaCava May 5, 2013

One of my favorite self-improvement gurus is Steven Covey. As you may know, Covey wrote the 7 Habits of Highly Effective People – and although he’s no longer with us, his teachings taught millions of people how to achieve ultimate success in business and in life using seven simple principles. His thoughts on thinking win/win, [...]

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Flipping Houses & Rehabbing

Do You Make These 7 Deadly House Flipping Mistakes?

by Michael LaCava April 28, 2013

Once of the best pieces of advice I ever got when first learning how to flip houses had nothing to do with which houses I should buy. It was all about which houses NOT to buy. As much as house flipping is a great way to make money investing in real estate, learning how to [...]

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Flipping Houses & Rehabbing

How to Use Creativity to Make Money Flipping Houses

by Michael LaCava April 21, 2013

There are countless ways to make money flipping houses, and in real estate in general. You will see what I mean if you take a look at the author bios here on this blog. Some BiggerPockets bloggers work as short sale Realtors, investors, and consultant to real estate investors. Others do rehab and retail, as [...]

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Real Estate Investing

5 Secrets to Making Real Estate Offers that Stick

by Michael LaCava April 14, 2013

Piecing together a killer offer that sellers accept at first glance is critical to my house flipping business – especially in today’s super competitive real estate market. If you flip houses, then you know that the best deals go quickly. The key to success is to craft a real estate offer that stands out from [...]

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Real Estate Investing

WARNING: Break These House Flipping Rules at Your Own Risk

by Michael LaCava April 7, 2013

We real estate investors, we are such rebels aren’t we? We all you seem to want to break the rules. I think we’re all guilty of it at times. I know I am. But every time I break the rules, it ends up hurting me really badly. Breaking the rules may seem like a great [...]

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Real Estate Wholesaling

The Shocking Truth About Working With Wholesalers

by Michael LaCava March 31, 2013

As a real estate investor, wholesalers are a great source of potential deals for you. Whether you buy and hold, buy and flip or buy, hold then flip, wholesalers have been the source of some my most lucrative house flips. But working with wholesalers is not as easy as you might think. Sadly, there are [...]

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Real Estate

How to Flip Real Estate Without Killing Your Contractor

by Michael LaCava March 24, 2013

Sometimes, I feel like I want to kill my contractor. Although I love the guy, he just infuriates me. Sometimes he just does things that drive absolutely crazy. And although he has his faults (as do I), the funny thing is he’s one of the best I’ve ever worked with…and I’ve worked with a lot [...]

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Flipping Houses & Rehabbing

The Ultimate Guide to Determining House Flipping Costs

by Michael LaCava March 17, 2013

Whether you’re buying a new flat screen TV, buying a car or ordering something from Amazon, one of the biggest things you always want to know is how much that thing you want to buy is going to cost you. So it’s no wonder that one of the biggest questions I get as a house [...]

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Flipping Houses & Rehabbing

Is House Flipping Dead?

by Michael LaCava March 10, 2013

Believe it or not I have been hearing that house flipping is either dead or dying from quite a few people recently. I’m not talking about ALL house flipping. I’m specifically referring to foreclosure flipping to be specific. Whether it’s an email from a blog reader or a comment here in the Bigger Pockets forum [...]

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