Hello again fellow investor, Let’s get back on track again this week by actually talking about real estate investing! … real estate financing in particular. There are several different ways to finance the investment properties that you buy. Using the right financing technique in the right situation is critical for the success of your real…
Read the Full Story(If you haven’t read Part I yet, please scroll down and read it first.) During this time that you have the property under contract and you haven’t actually closed on it yet, have it inspected by a licensed inspector. And then you can also have your own contractor look at it in case he didn’t…
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Hello again folks. We’ll have to pick up on the buy/fix/sell steps next week because I just can’t help but share pictures of my new addition with you. Everyone please say hello to Rocky! (You can see his pictures below.) Rocky is a tiny french bulldog that I bought a couple of weeks ago from…
Read the Full StoryThe other day, a new investor asked me, “What are the steps to buying a property to rehab?” I immediately let her know that there’s no simple answer to this. This is a huge subject that entire boot camps have been devoted to. But I decided to give a stab at answering her question. So…
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I’ve been working extremely hard for the last few months, providing more deals and investor training to members of myHouseDeals.com than ever before. I decided it was time for a break. So last week, I went with some friends to the wilderness. We spent 7 days in Glacier National Park in Northern Montana and Waterton…
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A big THANK YOU to everyone who emailed Elise over the last few days. She is recovering slowly and appreciates all of your encouragement! Now back to real estate this week. Other top investors and I agree that these are the most effective ways to find good deals in today’s marketplace: 1) Wholesalers, 2) Vacant…
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About 3 weeks ago, I posted a blog entry entitled “Civil War Erupts at myHouseDeals.com”. We poked fun at getting injured in a ficticious “battle”. Unfortunately, just a few days later, someone really was injured. But not in battle of course. Elise was injured in a car wreck near our offices. For those of you who…
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One easy way to go to prison is by defrauding a lender or conspiring to defraud a lender. This is otherwise known as mortgage fraud. Of course, there are many types of mortgage fraud. But one scheme, in particular, is more prevalent among real estate investors. Let’s take a look at what to be aware…
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“Is it maroon or is it brown?” That was the divisive question that was unexpectedly thrust upon the staff at myHouseDeals.com on Tuesday morning. This simple question brought a halt to all business. For about 60 minutes, wholesale deals went unapproved, member questions went unanswered, and updates to the website … don’t even think about…
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This just in. In an attempt to turn her life around and start a career, Paris Hilton used her jail time wisely to successfuly put a house under contract on Tuesday, June 12. (Apparently, the jail has a phone and fax machine.) According to her publicist, Paris initally considered rehabbing and re-selling the property for…
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