The Flip Board

From Web Mogul to Real Estate Millionaire



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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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The real story behind flipping!

27 June, 2008 (19:34) | Discussion, Failures | By: Richard

New investors rarely stop to address the subject of risk tolerance. People who have never done a single real estate deal see others making a lot of money in real estate and want to jump right in. They never stop to understand the true risks of real estate.

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Another tool for Real Estate advertising

6 June, 2008 (00:39) | Successes | By: Richard

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

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Watch our videos!

25 April, 2008 (09:28) | Discussion | By: Richard

Folks -

Don’t forget to check our video wall!  Here, we have free seminars from greats like Donald Trump and even Robert Kiyosaki.  The video wall will even include “amatuer” videos from business owners, investors and companies letting you know exactly what is going on in the world of Real Estate Investing. Just click a video (directly to the right of this post) you want to watch and kick back and enjoy!  No downloads necessary.

Enjoy and Happy Investing!

Where are we today?

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

As promised, I am updating our first deal

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You can make money in this market!

20 February, 2008 (22:05) | Strategies | By: Richard

Read this.

Isn’t it strange that in all of this “doom and gloom” there are many individuals who will make money?

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What do I do next?

6 January, 2008 (17:00) | Strategies | By: Richard

So, now I have consulted with several individuals that have expertise ranging from real estate agents to individual investors. The investors, who do this kind of thing for a living, were all saying pretty much the same thing.

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