Using the WOW Factor to Sell Flipped Houses



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Selling on the MLS. By far, the most effective and the fastest way for you to sell a property is through the MLS, using a seller’s agent that stays in contact with buyer’s agents. “WOW” Factor When a potential buyer views a property, you want them to experience the “wow factor.” What is the wow […]

Real Estate Investment Business Plan Executive Summary



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Real estate investing is serious business where serious wealth is created. Creating that wealth is not magic. It takes planning. Specifically a solid real estate investment business plan. Solid business plans can easily run 50 pages or longer. Serious investors first read the executive summary before diving into the full plan to determine if the […]

Understanding Your Rehab Target Area



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It’s crucial you understand the different markets within a certain area. A good place to start is by breaking your market into six different price levels. What this refers to is the retail price within a certain area. Here are the different price levels you might consider: Price Level 1: under $100,000 Price Level 2: […]

Multiple Ways to Improve Your Rental Business



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There are several ways to save time and money in the landlord business. Some of the ideas shared here are probably familiar to you and some might not apply but some will. If you have ideas about saving time and money managing rentals please share with others by posting them in the comments below. Paint […]

What to Expect When Hiring Rehab Contractors



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This is a continuation from a previous article written about Fast Rehabbing. Hiring a general contractor to rehab your property is the lazy way out that will cost you money in the end. If you are serious about becoming a successful fix and flip investor, make the time investment in yourself to learn how to […]

Fast Paced Rehabbing You Need to Know



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When it comes to managing a rehab, the number one thing to always remember is “time is money.” Not only do you have the cost of capital but the sooner you complete the rehab, list it for sale, get a buyer under contract, and close on the sale, the sooner you can find another deal […]

Real Estate Investing Success is Knocking at Your Door



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What’s amazing is the mass media and even seasoned professionals claim there is no money to be made in real estate today. There is nothing further from the truth. Real estate has made more millionaires over the years than any other industry. It wasn’t always as easy as it is today to make your fortune […]

Top Mistakes Made By Real Estate Investors



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Watching real estate investing shows on TV or reading the success stories on the internet can make real estate investing seem like an easy way to make a financial killing in a hurry. The truth is that most investors make multiple mistakes in the beginning and are lucky to hold on long enough to finally […]

1031 Exchange – Move Up Without Paying Capital Gains



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Every investor should know about the IRS tax code 1031 exchange (1031 is the tax code section if you want to look it up). This part of the tax code allows you to sell one investment property to purchase a higher cost (more profitable) investment without paying capital gains taxes and depreciation recapture taxes. The […]

Properly Managing Rent Increases



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Whether you do it yourself or have a property management company do it for you, you need to have a plan for rent increases. Any apartment building with four or more units has the property value dominantly established by the net operating income it produces. If you don’t maintain market rents, you lose money both […]