What Happens When Your Contract Falls Off a Cliff?
June 2, 2025 | 4 Minute Read I currently have (or had) two properties under contract that were scheduled to close this past Friday on Friday, May 30th. Neither deal has closed. As you know, real estate purchase contracts are legally binding agreements with specific closing timelines. When a seller fails to close on time, […]
About that “As Is” Clause in Your Contract
April 28, 2025 | 2 Minute Read The “as is” clause is a powerful tool. When a property is sold “as is,” it means the seller is offering it in its current condition, with no promises to repair, replace, or improve anything before closing. While it can make the deal easier, it also comes with […]
Should You Assign the Contract or Double Close?
April 21, 2025 | 4 Minute Read When I get a property under contract and my exit strategy is to wholesale it, I need to determine if I am going to assign the contract or double close it. Both approaches allow me to flip properties without holding them long-term, but they come with distinct advantages, […]
How to Use an Assignment Agreement to Wholesale Properties
November 11, 2024 | 2.5 Minute Read Over the years, I’ve wholesaled hundreds of properties, using a single simple document to assign properties to other investors. The assignment agreement allows an investor, often referred to as the “assignor” or “wholesaler,” to transfer their rights in a real estate purchase contract to another party, known as […]
How to Do 100 Flips a Year
October 7, 2024 | 3 Minute Read In our business, we keep things straightforward and effective. Our typical process involves purchasing a property, cleaning it out, and then listing it on the MLS. Occasionally, we sell the property before listing it. Our goal is to dominate our market, especially in B and C class neighborhoods, […]
Is a “Subject To” Strategy Right For You?
September 30, 2024 | 3.5 Minute Read Last week, a real estate agent reached out to discuss the sale of one of her listings. She received two “Subject To” offers and wanted to gain a better understanding of whether these offers should be considered. To review, a “Subject To” strategy in real estate involves taking […]
Boosting Profits with Contract for Deeds
August 26, 2024 | 2.5 Minute Read Here is a creative strategy for selling real estate deals, specifically the use of Contract for Deeds (CFDs) as opposed to traditional buying methods. This approach not only enables you to generate a lump sum of cash but also creates ongoing cash flow. A Contract for Deed is […]
How Wholesalers Can Avoid Predatory Charges
August 26, 2024 | 2 Minute Read Finding houses to wholesale can be incredibly challenging. With new laws passing in several states to restrict how wholesalers operate and their ability to assign contracts, it has become even more important to protect themselves legally, especially regarding predatory practices and disclosure requirements in real estate transactions. Our […]
How to Wholesale a Property Using the MLS
When we have a house under contract, we make it clear to the seller that we intend to list it on the MLS (Multiple Listing Service). Many investors may use a novation when listing a house on the MLS, but that’s not always the case. You can accept cash offers and some conventional offers, both […]