rehabber

Real Estate Investing

Building the Ideal Real Estate Investor’s Buyer’s List

by Sharon Vornholt | January 23, 2012
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I have a lot of different types of buyers on my buyer’s list.  They have come to me from a variety of different sources. Some of my best people I met at my local REIA group. I found a couple of quality rehabbers for my buyer’s list from BiggerPockets. Yet others have come from sources [...]

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Real Estate Investing

How to Find Real Buyers for Your Wholesale Deals

by Jason Hanson | October 23, 2011
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Many new investors start out wholesaling, and that’s the smart thing to do to quickly build up some cash reserves; however, it doesn’t matter if you know how to get your phone to ring off the hook from motivated sellers or if you’re a master at getting properties under contract, if you don’t know how [...]

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Real Estate Investing

Take the Emotion Out of Flipping Houses

by Richard Warren | October 3, 2011
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One of the biggest obstacles to success as a real estate investor is emotion. It’s part of being human. Imagine you are shopping for a new car. You do your research on the internet, you read reviews in various publications, calculate exactly the highest price you are going to pay and head to the showroom. [...]

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Real Estate Interviews

What is ARV or “After Repair Value”?

by Joshua Dorkin | September 14, 2011

Will Barnard is a real estate rehabber out of Southern California. In our interview with Will (5:48 minutes), we learn what ARV or After Repair Value is, and how a house flipper would go about calculating this value. We also learn about finding comps and why ARV is so important. You can also learn more [...]

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Real Estate Interviews

Interview with House Flipper & Real Estate Rehabber: Tom Tarrant

by Joshua Dorkin | June 21, 2011

Tom Tarrant is a real estate rehabber or house flipper, and one of the top real estate investing bloggers out there. In our interview with Tom (30:44 minutes), we get into topics including real estate blogging, building credibility, how your blog can be used to increase dealflow, rehabbing strategies, picking the right house, a unique [...]

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Real Estate Interviews

BiggerPockets Interview with Investor James Vermillion

by Joshua Dorkin | May 19, 2011

We kick off our real estate investor video interview series (thank you Skype!) with an interview with James Vermillion of K&V LLC. James is a rehabber based in Kentucky who is in the process of working on his 2nd and 3rd deals. While he is very early in his career, as you can tell from [...]

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Real Estate

The Myth of “No Rehab” Rehabs

by J Scott | January 12, 2011
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In the course of a typical week, I get to see and hear about a lot of properties for sale to rehabbers. Inevitably among them are properties advertised by sellers or wholesalers as “No rehab needed” or “Move-in ready condition!” Now, every time I read an email from a wholesaler that says a property needs [...]

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Financing Real Estate

The Hard Money Loan Funding Process: A Guide for Rehabbers

by Joshua Dorkin | December 2, 2010
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You spot a house that you would like to rehab or flip and decide make an offer. You plan on financing through a hard money lender, but haven’t yet done this kind of deal, and wonder what happens after you’ve got the house under contract. Here’s a brief look at the process: All hard money [...]

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Real Estate Investing

Getting Started in Real Estate: Part 4 – Rehabbing as an Exit Strategy!

by Peter Giardini | June 17, 2010

In this fourth part to this series I am going to focus on one of the most profitable real estate investing strategies available.  And when I mean profitable I am speaking of profits that can routinely exceed $30,000.00.  Now that is a huge payday… and for many real estate investors that amount may represent a significant [...]

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Real Estate Investing

The Real Way to Evaluate a Real Estate Deal… If You’re a Rehabber

by Jason Hanson | May 8, 2010
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I’m helping out a new investor on a property he wants to rehab. And like many investors he knows the simple wholesale/rehab formula which is to buy a house at 65% of the after repair value and then subtract the repairs, etc. However, if that’s where you stop, you’re in big trouble and you might [...]

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Rehabbing

FHA Property Inspection Checklist

by J Scott | April 25, 2010
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As any investor who has ever sold a property to an FHA buyer knows, there is at least one mandatory FHA inspection that must be completed by the lender prior to the closing of the property. I often get asked what types of things do FHA inspectors/appraisers look for during these FHA inspections, and what [...]

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Rehabbing

What’s in a Contract? Almost Everything You Need to Know About Contractor Contracts

by J Scott | February 17, 2010

[Big Disclaimer: I am not a lawyer and I don’t play one on TV.  The information I provide below is just my opinion based on my experiences, and shouldn’t be construed as anything more than that…it certainly shouldn’t be construed as legal advice.  If you have any questions about the legal aspects of what I [...]

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Commentary

The Eye of The Storm

by Peter Giardini | December 2, 2009
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You not be hearing anything new if I mentioned that our economy in general and the housing market specifically have been going through some tough times. In fact, in the past couple of months I have written about the “Perfect Storm” that seems to have enveloped our entire nation at least twice. The convergence of historically high unemployment, run [...]

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Rehabbing

12 Improvements That Didn’t Pay: Learn From These Rehab Mistakes

by Justin Pierce | November 29, 2009
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Two weeks ago I wrote a warning about over-improving and last week I told you about a house that I over-improved. I went long last week and I didn’t get to share any numbers with you. This particular flip was unique because there was another rehab home just around the corner from mine. It was [...]

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Flipping Houses

The Siren’s Song that Led Me Into the Rocks of Rehab Over-Spending

by Justin Pierce | November 22, 2009
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Last week I wrote about the slippery slope that is rehab over-improvement. This week I would like to share a story of how I recently over-improved a home and in so doing, gave away about $30,000. Over spending on your flip projects is so easy to do that I liken it to a disease such [...]

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