The other day I had a “so called” wholesaler email me regarding doing a wholesale flip through a realtor. He is starting to feel some economic pressure lately as his regular day gig went away, and he is trying to make it doing wholesale deals full time. I applaud his tenacity, and I am a [...]
Archive | December, 2009
Taking Back a Second Mortgage
Posted on 28 December 2009
“Taking back” a second mortgage when you buy a home and the seller “loans” you some of the money they need in order to buy the property This can be both an effective selling tool and a good “investment”, however, if the transaction is not handled properly, it could be an expensive and major financial [...]
Should You Use a Realtor?
Posted on 24 December 2009
Are there houses to buy that realtors don’t deal with?
Holy Smoke! Once again I am AMAZED by the morons out there! I came across this question at http://answers.yahoo.com while doing a search for something else. Although the question is a good honest question the answers are such a blatant billboard to stupidity that I feel [...]
Getting the Best Tenants
Posted on 23 December 2009
I often get into discussions with other landlords both here in town and online in other parts of the country and they ask me how it is that I do not have the same problems that they have with their renters.
I tell them that the short answer is, “I’m a mean and nasty bastard and [...]
CMA: Defined
Posted on 22 December 2009
I think it is safe to say that no investor or potential buyer should EVER go into a sale without having performed their due diligence. One part of this process is the Comparative Marketing Analysis, CMA. This is NOT something to haphazardly do by ones self online with Zillow or some other “free” site. I [...]
