Marty Boardman, Author at The BiggerPockets Blog - Page 2 of 8

Archive of Marty Boardman

Marty (G+) is the Chief Financial Officer for Rising Sun Capital Group, LLC, a real estate investment firm based in Gilbert, AZ. His firm purchases homes at the courthouse steps and public REO auctions. They have two exit strategies, either fix and flip or seller financing.

Marty has written 110 articles for The BiggerPockets Blog.

Starting Out

Finding the Successful Real Estate Investor Next Door to Learn From

by Marty Boardman November 16, 2012

Normally when I sit down in front of my laptop to create this post for BiggerPockets.com I know exactly what I want to write about. My brain and fingers collaborate at 75 words a minute and I’m finished in less than an hour. But every once in a while I lose my mojo. I stare [...]

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Real Estate Marketing

The Nearly Extinct Distressed Home Seller with Equity

by Marty Boardman November 9, 2012

The hairy-eared dwarf lemur weighs about three ounces and is native to the island of Madagascar. This cute, fuzzy little primate is also one of the most endangered species in the world. Scientists estimate there are only about 100-1000 of these tiny creatures left on the entire planet. After the real estate market crash in [...]

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Short Sales

The Death of Short Sale Buyer Anonymity

by Marty Boardman November 1, 2012

Did you know the Witness Protection Program isn’t called the Witness Protection Program? The U.S. Marshals Service’s website refers to it as the Witness Security Program. Created in 1971, it has “relocated and given new identities to more than 8,300 witnesses and 9,800 of their family members.” Much to my surprise, the U.S. Marshal’s service [...]

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Flipping Houses & Rehabbing

How to Avoid Over-Improving a Flip House & Eroding Your Profits

by Marty Boardman October 4, 2012

You’ve probably seen this car on the road before – a late model import with a colorful, fancy paint job and an abundance of accessories. Its spinning chrome wheels, exhaust pipes and bumpers glisten in the afternoon sun. The after-market spoiler, positioned strategically on the trunk, rises high above the roofline making the vehicle look [...]

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Flipping Houses & Rehabbing

Does Your Finished Fix and Flip Say “Pow!”?

by Marty Boardman September 27, 2012

My brother, Curtis, needed a suit. And since he was a 25-year old news cameraman residing in Phoenix, Arizona, his closet was devoid of any fashionable formal wear. Our family was about to embark on a 7-day/night cruise to the Mexican Riviera. One of these evenings on the ship would be spent sipping champagne and [...]

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Real Estate Marketing

Seller Marketing: The Direct Mail Fail

by Marty Boardman September 20, 2012

Back in April, I wrote a post about using direct mail and door knocking to acquire more distressed properties (at the time I was buying exclusively at the auction and off the MLS). In it, I promised to keep BiggerPockets readers updated on my progress with these campaigns. Well, so far, it’s not going well. [...]

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Investor Psychology

Just Shut Up Training for Real Estate Investors

by Marty Boardman September 13, 2012

My loveable Grandpa Leroy Martin Boardman went by the nickname ‘Gabby’. It was bestowed upon him because of his remarkable gift for gab. Grandpa Boardman would opine, debate, discuss and pontificate with anyone in earshot. His pulpit was a counter stool at the Beacon Diner in downtown Belvidere, Illinois, population 23,000. The men who would [...]

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Real Estate News & Commentary

THE Only Person Responsible for You Being Better, or Worse off, Today

by Marty Boardman September 7, 2012

Standing at a podium in his crisp, dark blue suit, Ronald Reagan, the Republican candidate for President in 1980, looked sternly into the camera and posed this question to the American people: “Ask yourself, are you better off now than you were four years ago?” He was debating Jimmy Carter. The economy was in the [...]

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Rehabbing

Breaking Up with a Contractor is Hard to Do

by Marty Boardman August 30, 2012

Fix and flip houses long enough and sooner or later you’ll become disgruntled with a contractor. Or, they’ll become disgruntled with you. Here are some key indicators that a divorce with your contractor is eminent: Contractor displays a lack of attention to detail. Contractor is unable to complete a job on time as promised. Contractor [...]

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Flipping Houses & Rehabbing

3 Things to do Before You Start that Rehab Project

by Marty Boardman August 23, 2012

Congratulations! You just closed on your first fix and flip deal. Now what? The natural tendency most first-time fix and flippers have is to pick up the phone and start calling general contractors, tradesmen and suppliers for bids on everything from flooring to bathroom exhaust fans. Easy does it partner! While I agree that time [...]

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Flipping Houses & Rehabbing

Fixing and Flipping Houses: A Business or a Job?

by Marty Boardman August 16, 2012

Here’s an important question for you – is this fixing and flipping houses thing going to be your business or an odd job? In other words, are you going act like a business owner and hire employees to perform the work associated with rehabbing the house, or are you going to hire yourself to do [...]

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General Real Estate

Real Estate Investors: Beware of Haunted Houses

by Marty Boardman August 9, 2012

Be careful. That distressed property you have under contract to buy may be haunted. No, it’s not time to call an exorcist, or the Ghostbusters. While the guys in the beige jumpsuits and proton packs are proficient with eradicating those little green slimy ghosts they are no match for the demons that lurk in that [...]

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Real Estate News & Commentary

‘Property Wars’ Distorted View of Reality

by Marty Boardman August 3, 2012

I don’t watch much television. However, on the rare occasion I do sit down in front of the tube it’s unlikely my remote control will stop on a reality TV program. My beef with all of these shows is that they aren’t very realistic. Maybe it’s because, most of the time, reality isn’t all that [...]

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Flipping Houses & Rehabbing

A Simple Tip for Negotiating with Contractors

by Marty Boardman July 22, 2012

The overloaded orange hand truck was filled high with ceiling fans, light fixtures, door hardware and faux wood mini blinds. I made my way slowly from the Home Depot pro desk to the parking lot, careful not spill any of the precious cargo. Yes, I could have made two trips to the car with my [...]

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Starting Out

Need vs. Want in Real Estate Investing

by Marty Boardman July 12, 2012

Apparently, when American consumers get above 35,000 feet they become impulse buyers. There’s no way else to explain the success of the SkyMall catalog. Fly any of the major U.S. airlines and this little magazine can be found in the seatback pocket in front of you. The next time you travel try to resist picking [...]

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