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Archive for the "Flips" Category

Should you take the REO Bus Tour?

Now is the time to buy area investment properties! Why? Buy low and sell high is how you succeed in real estate. Don't follow the pack that is running away from real estate. The adjustment to area home prices and the continued cooperation of low interest rates makes 2009 the perfect time to buy an investment property. Now you can use a conventional loan, private money or hard money loa... Read more

How was your experience in flipping/real estate?

In the past couple of years, Ive had a lot of interest in the possible flip of a home. I would like to know what your experiences/outcomes have been like during and after a flip. Where would I find homes that are not on MLS listings or are WAY below market pricing? Any help on this would be great, so long as you have actually done it before, not just watched "Flip this House" =P What wer... Read more

How do you get into real estate (flipping houses)?

I've been curious about all this because I think this might be a field I would good at once I learn the ropes etc. I was wondering from anyone who has done this already what they did to get into it? Did they get a degree if so what in...what are some helpful classes to take etc. Thanks in advance :) Flipping is only a good business under the following circumstances: 1) You are willing ... Read more

what areas of the country are good right now for flipping real estate?

am wondering if there are areas of growth now, and where they are. thinking of flipping a residential property in an area that is growing. None. Unfortunately, all the shows on TV have driven up the prices for prospective properties, making your initial investment more than it would have been 4 or 5 years ago. And with the buyer's market that much of the country is in, prices are down and D... Read more

How do you make money in real estate without flipping?

I'm new at this...but it just seems so impossible to make any money in real estate. You have to pay for loan of the down payment, the property tax, insurance and mortgage......renting it out is not enough to cover the entire cost of all these components. The only way I can see making money is by it appreciating in value over time. Will the rent ever exceed these other costs...is it worth hold... Read more