A friend of mine recently began ranting about Zillow.com and how it is leading potential buyers and sellers down the wrong path. Specifically, he was Read the rest of this entry »

Ladies and Gentlemen -

 I hope I don’t have to remind you all to please insure your properties as you acquire them.  The additional fees are nominal compared to what you will have to pay in the event the property catches fire, floods, gets wind damaged or worse,  completely destroyed in an earthquake.

 Do yourself a favor…

Use our handy-dandy search engine to find insurance companies to compete for your business. Just put in the zipcode of your property and it will return a “top-list” of companies offering the insurance you are looking for!

 Happy Investing!

What does one look for when it comes to locations for real estate investment? Read the rest of this entry »

According to our current deal, property #10036 should appraise for $117k and I told everyone I could get it for $79, 500.

Here is the deal as it stands today:

Agreed upon price – $74,600

Appraised price – $113,000

 As you can see, I was successful in talking them down by almost 5 thousand, however, it is worth 4 thousand less than expected.  Hopefully, we will be closing tomorrow.

Next, we have to flip the property!