
Archive of Katherine Grote
Katherine Grote, co-founder of I Buy Austin Houses.com, (Google+) has been involved in real estate for 7 years. Through her experience, Katherine has gained the expertise to sell a home fast. With experience in short sales, REO's, multi-family, and rentals, Katherine is a well-rounded licensed Realtor as well as an avid investor in residential properties.
Katherine has written 12 articles for The BiggerPockets Blog.
Real Estate
by Katherine Grote
April 12, 2013
Every time you turn on the TV, radio, or get on the internet, it’s there: “Get rich now! 10 steps to making a million bucks!” Real estate investing is the Guru’s genre of choice to find suckers for their get-rich-quick strategies. I don’t know what is more frightening, the fact that these tactics are out there [...]
Read the full article →
Real Estate Investing
by Katherine Grote
April 5, 2013
Once upon a time, not so long ago, there was a family of investors who loved their job and all that it entailed. They had gotten a great deal on a property, and although it was further away then they would have liked, the price was right. There were a couple of questionable issues: It [...]
Read the full article →
Flipping Houses & Rehabbing
by Katherine Grote
March 22, 2013
There are a million and one articles about staging a home for sale. No one can argue the incredible value that staging your home brings to the table. For the first six years of our family’s real estate investing, we were strictly fix n’ flippers. For survival, we had to learn ways to spread the [...]
Read the full article →
Short Sales
by Katherine Grote
March 15, 2013
In the past year of working with primarily short sales, I’ve gained enough experience to fill at least one book. I’ve dealt with just about every possible scenario from multiple lenders involved in the transaction to having to dispute valuations from 3rd party agents. Although I was certified through an awesome organization, nothing prepared me [...]
Read the full article →
Real Estate
by Katherine Grote
March 8, 2013
Congratulations! You successfully completed your flip and now ready to market your property! It’s a hot property, in an even hotter area. The listing goes live and within 24 hours you have multiple offers flowing in with promises of more. No, this isn’t a dream, and there is no need to pinch yourself. You’ve got [...]
Read the full article →
Real Estate
by Katherine Grote
March 1, 2013
“No man is an island,” John Donne famously wrote in 1624. This statement couldn’t be more true in the real estate investing world. We are blessed to work in an industry where our income potential is only limited by our own diligence and imagination. How we get there and who we surround ourselves with, however, [...]
Read the full article →
Flipping Houses & Rehabbing
by Katherine Grote
February 8, 2013
Ok, through marketing and networking you found a motivated seller, negotiated a stellar deal, spent hard earned cash and sweat equity turning a dump into a dream house, and now your ready for the real fun… Selling your flip on the open market. In our family business this is where my work begins. Having my [...]
Read the full article →
Foreclosures
by Katherine Grote
February 1, 2013
I’ve worked with a ton of short sales over the past year. The single biggest source of stress for a short sale listing agent is watching the foreclosure date approach as you try to close the deal. That date looms on the calendar, circled in red, with the clock moving faster and faster towards it. I’ve [...]
Read the full article →
Real Estate
by Katherine Grote
January 18, 2013
I’ve never been one to really shy away from controversy and I guess this subject proves this to be so. I feel strongly that there are many dubious practices in investing that should be carefully investigated before one jumps in with both feet. I respectfully make the case for two practices that should not be commonplace [...]
Read the full article →
Real Estate Investing
by Katherine Grote
January 11, 2013
I am a licensed real estate agent, but also am part of our family investment company. This means I get to look at each deal through two sets of glasses and argue different points of deals with my husband and the rest of our team. That makes for fun times, let me tell you. Anyway, [...]
Read the full article →
Short Sales
by Katherine Grote
December 28, 2012
Have you ever had one of those days where you really questioned your career choice? I had one of those days not long after I made the decision to specialize in short sales. It really happened quite innocently. I had a guy call me who was upside down on his condo and in trouble. My husband said, [...]
Read the full article →
Flipping Houses & Rehabbing
by Katherine Grote
December 21, 2012
No one likes insincere people. Used car salesmen, infomercial kings and queens, telemarketers, may be on your list, but one thing remains: nobody likes them. Sure, thanks to the law of averages, they may make some sales or close some deals, but the cold, hard fact is that it’s done either through having to play [...]
Read the full article →