by Brandon Reynolds | Mar 11, 2009 | Real Estate Investor Success Stories
I found a 4-bedroom bank REO (real estate owned), with a full basement, 2 baths, 2-car attached garage, central air, a utility room attached to the garage with outside access and a heated 10 x 10 vestibule. I offered $52,000 in “as is” condition. I paid...
by Brandon Reynolds | Mar 11, 2009 | Real Estate Investor Success Stories
Last April, I purchased a foreclosure at a great price. I spent three months fixing it up looking great. Then I put it on the market. To make a long story short, I FINALLY closed on Dec 12th. I still made money, but I had so many headaches–home inspections...
by Brandon Reynolds | Mar 11, 2009 | Real Estate Investor Success Stories
I’ve found the Detroit real estate market to be a gold mine for smart investors. I purchased a home, 3-bedroom brick, from the bank for $6,500 put in another $2,500 in clean up and repair work. I sold the property on a land contract for $80,000 with minimal...
by Brandon Reynolds | Mar 11, 2009 | Real Estate Investor Success Stories
I live in a small town in middle Tennessee with a population of about 4,000. I’ve been told it is difficult to find enough deals to survive in a town of this size. It’s true that there are not as many deals here as in a larger city, but there is not as...
by Brandon Reynolds | Mar 4, 2009 | Real Estate Investment How-to Articles
You can’t expect to reduce your risk of getting sued to zero, but you can take steps to reduce your risk as much as possible. In any situation where your money is at risk, ask yourself, “Is there a better way?” Know the legal and financial risks of...
by Brandon Reynolds | Feb 23, 2009 | Real Estate Investment How-to Articles
[This article is an excerpt from Bill’s new book, How to Sell a House Fast in a Slow Market.] In today’s market where there are so many foreclosure and bank REO sales, figuring out the real value of a property can be difficult. The comparable sales method...