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Wholesaling Properties

wholesaling Wholesale Heat Wave After the Coldest Winter?Not sure if you have noticed but slowly and surely real estate markets across the country are picking themselves up from off the mat and starting to fight another round.

Admittedly, “heat wave” may be a little strong for the market as a whole but not for the investor markets. You see, investors have always played vital roles in all real estate markets and the “investor market” within the larger market will always be the first sign of where the train is really headed.

As for one of the tools helping to fuel this market, wholesaling properties is playing a critical role on the market resurgence and hopefully you’ve added this strategy to your business as it has several key advantages that are worth cashing in on. [Click to Read the Full Article…]

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tagged as , , , Posted in Flipping Houses,Real Estate Investing Articles

FlippingFlipping Homes… Flipping Houses… What is everyone flipping over?

In the past five years, you’ve obviously heard the buzz surrounding flipping homes. There’s a new TV show popping up weekly, it seems. And it’s hardly even possible to keep track of them all these days.

But, what’s the real scoop behind all the “flipping houses” buzz? And is it right for you?

In this article, we’re going to dispel some of the myths surrounding flipping homes and also give you the steps in case you want to jump in. First off… the term “flipping houses” often refers to two different things:

  1. Wholesaling, also known as “assigning the contract,” is when you simply put a property under contract and “sell” the contract to someone else, usually another investor.
  2. Retailing, or “rehabbing” is when you actually buy the house you are going to flip, do the repairs, and then sell the house, usually to an end buyer, or homeowner.

On TV, they’re showing the latter: buy-fix-sell.

There is a lot of money to be made flipping houses, but if you don’t do it right, you can also LOSE a lot of money. What you don’t see on the television show is how they find their properties, how much it costs to acquire the properties and, in most cases, the profit. It’s funny how these programs very rarely tell you HOW MUCH the person REALLY made from the deal (not the gross profits, but what they put in the bank after all is said and done). [Click to Read the Full Article…]

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tagged as , Posted in Real Estate Investing Articles