The Flip Board

From Web Mogul to Real Estate Millionaire





Category: Deals


5 Steps to Buying Foreclosures

23 September, 2008 (18:37) | Deals | By: Richard

STEP 1. Find a Property
Search for property. Use your local real estate agency or realtor to search by county, city or zip code. I recommend starting with a broader search (like county or city) and narrowing the search later if necessary.

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What do I do with my 1031 Exchange now?

16 September, 2008 (22:12) | Deals, Discussion | By: Richard

Now that one of the largest insurance brokers in the world is in trouble and household names like Lehman Brothers and Merril Lynch are either bankrupt or purchased by another entity, what do we do about deals using 1031 exchanges?

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Now THIS is how to flip a property! Yeah!

28 August, 2008 (19:53) | Deals | By: Richard

The City’s Most Glorious Co-op Flip!

Bommers Selling New Duplex for $48.9M

 
In what will surely go down as one of the most splendid flips in the history of ultra-posh New York City real estate, the young hedge fund executive Scott Bommer and his wife Donya, once an anchor for “Good Day Philadelphia,” have sold their duplex penthouse at 1060 Fifth Avenue for around $48.9 million, according to a source.

Not only does the sale come in the middle of a relatively sludgy, even gloomy real estate market, but there’s the downright flabbergasting fact that the Bommers bought the apartment only this January. They paid $46 million, setting a record for a Manhattan co-op sale.

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5 no-nonsense ways to improve your FICO Score

26 June, 2008 (22:42) | Deals, Discussion | By: Richard

Folks -   This one will be very short and sweet. 

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Home Prices are down. Great!

28 May, 2008 (19:39) | Deals, Discussion | By: Richard

Just because there is a huge inventory of homes on the market does not mean that as investors we can’t make a dollar! (Or a few thousand) As the housing market slumps, apartment complexes and duplexes typically swing into high gear.

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An update on our last deal

31 March, 2008 (08:33) | Deals | By: Richard

A couple of weeks ago, I told you all about a 3BR/1BA Colonial-style house that sat next to golf course.

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It’s time for another deal!

16 March, 2008 (16:03) | Deals | By: Richard

Ok Ladies & Gentlemen!  It is time to pull the trigger on another venture.  The details are as follows…

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Not even the Rich & Famous are immune to foreclosure.

12 March, 2008 (20:50) | Deals, Strategies | By: Richard

For the second time in less than a month, the real estate bubble has burst on a rich and famous homeowner’s palatial estate. Following closely on the heels of another trophy property recently sold on the auction block, Michael Jackson’s Neverland Ranch

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For serious investors only…

28 February, 2008 (10:36) | Deals, Strategies | By: Richard

Here is a little-known website that captures just about all major bits of information you can think of when it comes to the Housing Market. From housing manufacturer stocks to median asking prices of homes in all major cities, this website does an excellent job at covering it.  Check it out!  Housing Watch

Where are we today?

23 February, 2008 (21:03) | Deals | By: Richard

As promised, I am updating our first deal

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