Part Time REI

One of the most important aspects of how fast a home will sell is how it is staged. Many times the home you are investing in was vacant so you were either left with no furniture or accessories or old junky ones you wouldn’t dream to have in the house.  Studies have shown that buyers […]

If you are reading this blog then either you are a real estate investor or you are thinking of becoming a part-time real estate investor. Maybe you flip 1 house a year and make 15k or maybe you take three smaller homes and make only 5k each. Point is you have some extra money now […]

As we have expressed before when investing in real estate it is important to set goals. The ultimate goal is to have substantial 2nd income. But what are you doing with the extra cash? Maybe you are trying to set up a college fund for your kids, or maybe you are trying to pay off […]

It happens to the best of us. Mistakes are made, time and money are lost. A bad flip. But don’t feel too bad; even pop star Ricky Martin had a failed flip in 2010. Guess he wasn’t Livin’ La Vida Loca that year. But how can you as a part time real estate investor stay […]

Perhaps one of the most important aspects of flipping houses can also be the easiest to mess up– your numbers. Now we know the “Flip This” and “Flip That” TV shows makes it look like the investors score a deal on EVERY property they flip but we thought a dose of reality might come in handy. […]

  “Tell me and I forget, teach me and I may remember, involve me and I learn.” ― Benjamin Franklin   Every one of us out there in life wants to be successful. We want a healthy, happy family, and we want our businesses to thrive. While few in business ever really want to talk […]

Hell hath no fury like a woman scorned deceived. The former occupant of this home was a tenant who was trying to buy the house under some form of owner-financing.  Unfortunately, the owner had some major financial and ethical deficiencies.  Despite accepting the tenant’s down payment and several months of rent, he neglected to forward any of […]

Let’s take a look at how That 70’s House is coming along. I am sure you remember why we named this house aptly so. So yes we are removing everything that is not from this decade. Check out the pictures below of the kitchen and dining rooms.                 […]

    What keeps you up at night? Is it the second mortgage on your home? How you will pay for your kids’ college? Do you think, if only I had a supplemental income, then I could worry less. These are exactly the questions that led us to start blogging about investing in real estate […]

  Instead of tweeting photos of your sandwich, watching Sportscenter, or, heaven-forbid, reading work emails; why not spend your lunch hour doing something to earn money?  We here at Part-Time REI are all about efficiency.  If you are flipping houses as a way to supplement your income, there are many better ways to spend your […]