With increased confidence in the housing market (but still-limited financing available), lease/options and land contracts have come roaring back as and easy and profitable way to buy and sell properties. Jim Aydelotte is an expert in the latter, having completed deals on over $5 million in properties since retiring from his ‘real job’ in 2006….
Of all the systems in my comprehensive Real Estate Goddess’s Guide to Real Estate course, the Trashflow Analysis® is the one that I use most often, and the one that causes the most consternation among students. In brief, the Trashflow Analysis® is a way figuring out what a property is worth when there are no…
When it comes to making offers, most investors only know how to make one offer at a time. They usually make an all cash offer, also known as the MAO (Maximum Allowable Offer) or they get a loan from a bank, hard money lender or a private investor. This strategy has worked fine for investors…
Narendra Mundhe is a part time investor who lives in Cincinnati. He’s wholesaled, bought notes, but his key strategy is buying value-play rentals with equity and keeping them long term. Tell us about the property: This was a 5 room 2 bedroom brick in a bread and butter area with a detached garage. To increase…
(this article continues from last week, where I described the problem with objectively being ready to make an offer, vs. ‘feeling’ ready, and how there are forces in the world that try to convince you that you aren’t ready when you actually are). Here’s when you know you’re ready, whether you “feel” ready or not:…