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…
Flipping
Flipping homes is a common real estate investing strategy. Learn more tactics and strategies here.
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…
Hard Money Buying Worksheet
I have the worksheet I use of a ‘quick and dirty’ hard money purchase analysis and I thought I’d share it with you…download here! First if you don’t know much…
How to Get Started In Rehab Real Estate
You want to rehab houses, but where do you start? We see the fix-and-flip “reality” shows that, somehow, manage to have no basis in reality. How hard can it be…
