The Flip Board

I had an idea this morning. How do I communicate to those who just don’t “get it”?  Then it dawned on me. Tell a story or equate the concept to something they can relate to. I chose the latter of the two methods.

Most newbie investors have trouble truly visualizing what the Real Estate business is as well as how to make it successful.  Based on the successes we have experienced, the best way to approach Real Estate is to think of yourself as printing money.

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As an investor, especially in this market, people are always asking to be shown the ropes or for some advice. That is the fundamental purpose of TheFlipBoard.com. As most of you know, most amatuer advice is useless and wastes everybody’s time. Below is some real advice from individuals who have done it and are doing it.  Ok, it’s from me and a good friend of mine who believes in Carlton Sheets’ system. But everything else is solely just my opinion.

I stick mostly with single-family homes but most of the techniques below will apply to multi-units as well.

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The New York Times said the administration of President George W. Bush is weighing the possibility of having to place one or both companies (Fannie Mae and Freddie Mac) in a conservatorship to protect them from the snowballing collapse of the US mortgage finance market.

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Rock-bottom home prices have finally begun to bring in the vulture real estate investors into the market. Instead of calling them “vultures”, I will call them smart.

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Hey folks! Want a free tool for advertising your rentals or properties for sale?

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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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After talking with my CPA and one of my lawyers over the weekend, I had an epiphany.

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

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Despite the abundance of negative buzz surrounding the real estate market, Kirk Leipzig decided to pursue foreclosures as investment properties.

He has found that decision to be a very good one.

“I just bought two brand new homes as REO from the bank,” said the Tennessee-based investor in December. “I am buying five more new homes next week from the bank. I am buying $750,000 homes for $450,000.

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As promised, I am updating our first deal. 

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