While The Golden Era of Flipping Real Estate for Fast Cash is in our rear-view mirror, there are still plenty of opportunities to buy low and sell for a nice profit!
There are a number of reasons for this, but the most significant seems to be the willingness of "flippers" to invest in lower priced homes and neighborhoods. This simple change in attitude has resulted in more ordinary people buying and selling real estate for profit and not just those with the money to invest in homes costing half a million dollars and up!
I was first exposed to the idea of flipping properties during a conversation with a stranger on an airplane that turned out to be a life changing event. And although it wasn't right away, I went on to become a full-time real estate investor for a number of years. It was an exhilarating time! Here's a little bit of what I learned.
Making Big Money Investing in Foreclosures is
one way to make money in real estate. Here’s a book will show you how to find
motivated sellers and structure deals. Good for beginners and experienced
investors, it’s sure to sharpen your skills and land you some big deals!
Fix and Flip - My investment strategy was to find a property, borrow enough money to buy it, fix it up and have enough money left over to put money in my pocket - and that was before I sold it! Later, after I found a buyer, I'd close on the sale of it, get the rest of the profit left in the property and deposit it into my bank account! It was pretty sweet! You can read more about it here. >>>
Homes - Once I got a lead on a house, I immediately started looking for a
buyer for it. As a real estate agent, I was always cultivating buyer leads –
for commissions when I sold real estate of others and for my own properties
that I owned or controlled with contracts. You can do it, too! >>>
Real Estate Flipping - I discovered, and you'll learn, that banks, Credit Unions and other lending institutions have more repossessed homes, houses and investment properties than they know what to do with. When approached with the right terms you can leverage them for personal profit and gain. >>>
Land -Some investors prefer to putting their money in land, from residential single
family lots to large tracts of land. Some that I worked with included
doctors, insurance agents, dentists and judges – all of whom had more
discretionary income than most of my other clients. >>>
Flip This House - I use to watch episodes of "Flip This House" and think…I can do that, too... and went on to actually do it. I bought a flipping property course, started talking to others who were already doing it and went to work. Of course, I made some mistakes, but I also made a lot of money! >>>
House Flipping Tips - The single most important tip that I can offer to any interested potential investor is to treat doing it like you would any business. Specifically, establish a plan for each property - make sure that it's written down - and then execute it. >>>
Flipping Property Course - Finding good deals and being prepared to act on them is basic to flipping houses... and that's exactly what you'll learn in this flipping property course. You'll also bolster your confidence and strengthen your belief that you, too, can do it. >>>
Click below to see more information about them...
Short-Sale Pre-Foreclosure Investing by Dwan Bent-Twyford and Sharon Restrepp
Millions of American homeowners are currently distressed, in danger of losing their homes. Stuck between a rock and a hard place. Facing foreclosure, …
Foreclosure Self-Defense for Dummies
Facing foreclosure does not have to be end of the world. You can save your home, protect your family and re-establish your credit! First, you have …
Flipping House Book Reviews
A number one pick for anyone researching a field they have absolutely no experience in, “Flipping Houses for Dummies,” is a title most are familiar with. …
Using Other People's Resources
One way to think of OPM (Other People&s Money) working for your benefit is to think how most people expect to make earnings from Investing in Fixer-Uppers …
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