Buying Notes at a Discount: Perfect for Real Estate Investors with Cash
Sunday was fun, as some of us at BiggerPockets enjoyed lunch together in Hollywood. It was cool talkin’ with investors — beginners up to battle scarred vets. One of them,…
Flipping
Flipping homes is a common real estate investing strategy. Learn more tactics and strategies here.
The Hard Money Loan Funding Process: A Guide for Rehabbers
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…
Flood Insurance May be a Concern for Rehabbers and Landlords
I don’t watch much news these days, but even if you watch no news at all, you’re probably well aware of the fact that there are several parts of the…
The 8 Rules for House Flipping
It’s been a relatively tough real estate market for rehabbers/flippers for some time now, and with the home-buyer tax credit getting ready to expire at the end of this week,…
FHA Home Inspection Checklist
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…
The Paper Trail Every Rehabber Should Follow
For anyone planning to get into the business of rehabbing houses(even as a hobby), let me recommend that you have a consistent paperwork regimen with every contractor you hire, regardless…
Investing in “the Ick Factor”
I just finished reading a Michael Lewis article in Vanity Fair about Dr. Michael Burry, the physician-turned money manager. Burry is profiled because of his remarkable success in buying credit…
What’s in a Contract? Almost Everything You Need to Know About Contractor Contracts
[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…
How to Pick the Best Contractor for your REO, Foreclosure Rehab, or Other Remodel
How do you pick someone (a contractor) to take care of your REO, foreclosure, or other home improvement or rehab needs? Do you base it on: the nice shiny truck they…
12 Improvements That Didn’t Pay: Learn From These Rehab Mistakes
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…
Rehabbers: Know the Warning Signs of Over-Improvement
Rehabbing or flipping is almost 100% art. There are very few hard and fast rules. The goal, like in any business, is to maximize profit. Many times I have quoted…
5 Steps to Calculating the Purchase Price for a Rehab Property
Knowing what to pay for a home is critical in the rehabbing game. I’ve come up with my own method for determining my purchase price for a property. While I…
Rehabbers! Know ALL the Costs to Flip that House
Every once in a while I catch an episode of Flip this House; I have to admit, it is entertaining and it does show the drama involved in fixing up…
