Part Time REI

The “Waterfall” House   This house was a foreclosure we found on the MLS.  Our intent was to flip this house, so the purpose of the first visit was to fill out the Property Repair Estimate Sheet (our punch list) and the Deal Analyzer to determine our offer.  When investing in real estate it is […]

As a fix and flip investor, you need to be aware of laws and regulations that affect your costs.  The FHA 90 day rule is one such law.  Originally enacted to prevent “flippers” from purchasing properties and artificially inflating the value via collusion with a lender or appraiser, this rule affects how long you must […]

During the average conversation with real estate investors, it takes just under 37 seconds before someone mentions how many more fix and flip deals he would be doing if he could just get a loan.  Much like after a fisherman finishes a tale about the one that got away, the audience nods knowingly.  While some […]

As a part-time real estate investor, your REALTOR is one of the most critical members of your team.  She can help you find deals quickly, make recommendations about the level of finish required for the area, and market the home to sell quickly.  However, bad advice in one or more of these categories and your […]