How His Flip When Sideways (and He Is Going To Lose Thousands)
June 24, 2024 | 4 Minute Read Time Early last week, I connected with a new investor. I use “new” loosely since he has only completed three flips. He bought a property in the Avondale area, a few miles from downtown Birmingham. This is a very eclectic, hot area within walking distance of Avondale Park […]
I Made $27,660 in Six Hours Flipping This House
June 24, 2024 | 4.5 Minute Read HOW I FOUND THE DEAL (1 Hour)On May 8th, we decided to sell one of our short-term rental properties. Although it performed well on Airbnb and VRBO, we wanted to liquidate part of our portfolio, which included a 5/1 ARM at 4.25% that would reset in about two […]
Top 3 Real Estate Investing Sales Mistakes
June 17, 2024 | 1 Minute Read In the competitive world of real estate investing, making mistakes can be costly. Here are the top three blunders that can derail even the most promising investing careers. Ignoring Market Needs The cornerstone of successful real estate investing is understanding and meeting market needs. When investors ignore this […]
How to Find Active Buyers on Zillow
June 17, 2024 | 1.5 Minute Read To locate active buyers on Zillow, follow these steps: Visit Zillow.com and enter your city/state to search for recently sold properties in your area. If you have a specific property to sell, enter its address. Change the filter to show only Sold properties. Adjust the filters to set […]
Why You Should Be Tracking Months of Supply Real Estate Data
June 17, 2024 | 4 Minute Read We are finally seeing signs of panic in the real estate market following the release of new data from various reliable sources. The main concern for many right now is the rapid growth in inventory. Experts who have accurately predicted market trends since 2020 agree: regardless of how […]
The Fed’s Balance Sheet and Impact on Real Estate
June 10, 2024 | 3.5 Minute Read Looking ahead, the United States faces significant borrowing needs, with projected expenditures surpassing revenue by approximately $2 trillion in 2024. The shortfall requires the government to issue treasury securities to fund its spending, thereby increasing the supply of securities in the market. Moreover, new mortgages also contribute to […]
More Pain Coming to Commercial Real Estate
June 10, 2024 | 1 Minute Read The commercial real estate market, particularly office buildings, is experiencing significant distress as hybrid work becomes more common. Office buildings in New York City and other major cities are being sold for much lower prices than a few years ago, leading to steep investor losses. The number of […]
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 […]
How to Get the Seller to Sign Today
June 3, 2024 | 1 Minute Read Your seller is hesitant and undecided about signing the contract. Here’s the perfect script for moving the needle in your favor. We’re looking to use up our remaining capital. We want to finalize this property deal now because at the start of each week, our priorities and budgets […]
How to Negotiate Price Reductions
June 3, 2024 | 4.5 Minute Read Would you like to add hundreds of thousands of dollars to your profits by turning dead deals into profitable ones? We’ve developed a method to successfully renegotiate deals that many would consider dead, turning them into profitable opportunities. This isn’t about sales training, but about strategy. We use […]