From the first quarter of 2016, RealtyTrac reported that there are over 6.7 million properties that are financially underwater. These home loans that are past due on payments are called non-performing notes. For whatever reason, the owner is no longer paying the monthly mortgage payment and banks don’t particularly like this. The bank wants to…

Professional real estate investors instinctively gravitate towards alternate sources for sourcing deals. There is perceived and some real advantage to chasing short seller deals, foreclosure auctions, and bandit sign deals. Often overlooked is the public MLS inventory. The Realtor home inventory channel is avoided with the belief that they are “retail” sellers, with prices that…

The professional real estate investor determines their profit on a deal at the moment the property is purchased. This is the only time that the investor has control over the events that will play out over the process of processing the deal for return on investment. There are 4 key areas of due diligence which…

In any real estate deal, some sellers are more motivated than others. There are three major types of sellers you should target when it comes to selling real estate. From property values to ease of sale, there are a variety of reasons why each one of these sellers is primed to offer you a great…

Decision Maker. Personal Representative. Executor. Administrator. Lots of names but they all mean the same thing, that they’re in charge of a loved one’s estate now that they’ve passed away. In Probate, the decision maker can be anyone from a husband or wife, to children or siblings, to an attorney or friend of the family.…

You’re meeting with a motivated seller in an hour. You have no information about this seller and have done minimal research for the neighborhood and the accompanying comparables. How do you get “in” with the buyer without having the background knowledge, and successfully build rapport with a seller? Meeting with potential sellers isn’t all about…

I love taking a house from disrepair to looking fantastic and saying “we did that.”  While the we is made of the team, I love the feeling of being a part of something that takes what is ugly and transforms it into something wanted by a future homeowner.  The thrill of the process and the…

Real estate investing almost always requires an initial upfront investment, but capital can be difficult to obtain in a competitive market. It is crucial that you have access to multiple forms of financing to keep your real estate investing business afloat, even through troubling financial situations. The market downturn of 2008 affected the entire real…

Sometimes, you make more money by saying no to the deal. When there are red flags going up everywhere, and your instincts are screaming at you to back away, it’s quite likely you should listen. Every home is different. Does it sound too good to be true? There might be a reason for that. Until…