5 Keys to Identify Areas Ripe for Flips
Thursday, March 03
Flipping properties has become a very attractive strategy for beginners and experienced investors.If bought right, rehabbed right and sold fast you can really achieve a high annualized return. It definitely requires a lot more expertise and is more risky than many other strategies but done right ...
Who to Blame for the Housing Meltdown
Monday, February 28
I hear people all the time passing blame for the housing meltdown. Is it the banks, home owners, mortgage brokers, policy makers, other? Let’s take a closer look. Policy makers – These are the people that set the rules for the banks. They allowed the banks to offer the subprime and risky loans...
5 musts before taking on rehab flips
Thursday, February 24
Flips are more difficult to find then rentals and more risky but have greater upside potential. If done right that is. Here are 5 musts before taking on a flip project. 70% max LTV – Make sure you have plenty of room for surprises, overages, etc. The higher the discount, the lower the risk and h...
Why foreign investors are running to US real estate
Sunday, February 20
Home values in the US more than doubled in many areas. Loans were given to anyone with a pulse and the bidding wars began. I witnessed properties that were listed for 10% above market value then offers came in at 20K even 50K above asking price. Property values soared and the market did not suppo...
5 things to avoid when investing abroad
Thursday, February 17
Foreign investors are opting for the opportunities of a lifetime in the US at record levels. Not only are the opportunities great but the currency exchange is another huge opportunity as the US dollar is very weak and much below historical averages. Just like investing in your homeland, foreign i...
Where to Find Flips and How to Flip Fast
Tuesday, February 15
Our last flip went perfect, a 70% LTV and we made a nice annualized return (tip #5). It was in a suburb just outside of a great rental area and before you get to the nicer suburbs. We categorize this as a high end blue collar area (tip #1) which are perfect for flips and/or rentals. REO sales are...