Real Estate Investing | Real Estate Training | Property Investing | How to Invest In Real Estate

I have made a fortune wholesaling houses over the last 15 years and it remains to this day my favorite exit strategy. I can not even think of another strategy that provides the level of monthly cash flow – literally tens of thousands of dollars a month with limited time involvement and essentially no risk. The beauty of wholesaling is that you never purchase the property and you get paid on the front end of the transaction! These are quick transactions that take 30-45 days to close and get paid without putting any money or credit at risk. It’s fantastic!

Some would challenge whether this is still a viable strategy in this economy. It absolutely is. We are experiencing an unprecedented time in real estate: prices have tumbled; sellers are not just motivated – they are desperate to sell; the media brainwashes sellers to believe that they will never get a good price for their house; and we’re at the bottom of the market dip with values poised to appreciate again soon. Read the full story

Flipping properties – or wholesaling – is one of the fastest and easiest ways to get into real estate investing. Most people recommend you start with wholesaling because it’s the best way to get your feet wet with virtually no risk.

So, how does someone that’s brand new to real estate get started flipping properties (aka Wholesaling)?

Follow these 7 tips to start investing in real estate today:

#1. Look In Your Own Backyard

The grass is always greener in the other neighborhood, and it’s easy to keep looking for the “right” area. Read the full story

“Do NOT Make Your Buyers Feel Like Hairy Monkeys!”
by R. Preston Ely

Times they are a changin’.

Whereas in 2005 finding a buyer for your wholesale deal was as easy as Alyssa Milano in Poison Ivy II, we are now faced with a much more challenging predicament. I have personally coined this annoying situation as “Reality.”

“Reality” sucks. We all know this. Normally I can effortlessly bend it to my will, but it’s actually putting up a pretty good fight this time. You see, what I want it to do is put things back the way they were a couple years ago. A couple years ago, if I so much as sneezed I would have rehabbers (buyers) lined up around the block thinking that was a secret signal that “the deal was in,” or something. Here’s a typical scenario from “back in the day” (which was a Wednesday by the way):

Rehabber #1: He sneezed. It’s on!

Rehabber #2: Oh hellz yeah. It probably has at least $9,000 of equity in it just like the last one. I’m paying cash.

Rehabber #37: You guys are idiots. He has a cold. It doesn’t mean anything (as he secretly shimmeys his way closer to me while butting everyone else in line).

Rehabber #1: How do you have that much cash?

Rehabber#2: I refinanced my house and pulled the equity out.

Duh. Where does anyone get money from these days? Idiot. I bought my house in 1999 for $125,000,and it just appraised for $750,000. I did a 125% LTV cash out re-fi with negative amortization at .0027% APR so my payment is only $1.75 a month. They wrote me a check for over $600,000. Cool huh? Have you seen my new boat?
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Real Estate Investing is simple, but not necessarily easy!

This past weekend, I attended one of the biggest Internet Marketing seminars in the world. I could go on and on and on with ideas that I had that apply to real estate… like how to use video on your real estate sites, processes that can streamline the lead generation, and on and on and on… (I’ll be sharing some of these new ideas with you over the next few weeks)

But, I want to share with you a conversation that I had with a friend, mentor and a brilliant marketer who happened to be teaching how to use audio and video on your websites… I told him that I recommended his program to several people because he makes it SO easy… Then, he said something interesting to me that made me think.

He said, “Heather… it really is simple. You see, people can complicate anything! It’s like telling someone how to drive a car. It’s not complicated at all. Just open the door. Sit down. Turn the car on and put it into drive. But, people always make things harder than they need to be… They start asking thinks like ‘which door should I open – the left or the right?’ or ‘Do I unlock it with a key or click the button’ and on and on we go. Twenty minutes later, we’ve still not even been able to get into the car.

I liked that analogy because it applies to real estate. There are really 5 things you need to know – or steps – when it comes to real estate.

Here are the 5 Real Estate Investing Tips you need to know! Read the full story