by Brandon Reynolds | Feb 12, 2009 | Real Estate Investment How-to Articles
It stuns us how many investors say, “I can’t find any good deals.” Folks, you’re not looking! We think that many new investors (who watch too much late-night TV) are under the impression that if they decide to become investors, the...
by Brandon Reynolds | Feb 12, 2009 | Real Estate Investment How-to Articles
This is my personal favorite. The great thing about wholesaling real estate is that you don’t take ownership of that property. Once you have the property under contract, you assign the contract to another buyer who will close on the property in your place. There...
by Brandon Reynolds | Feb 12, 2009 | Real Estate Investment How-to Articles
Let’s talk for a minute or two about problem properties. In terms of working a playing field that isn’t level, this is a prime example. Making money in real estate is hard work, no matter what your plan of attack. And believe me, in my 20+ years,...
by Brandon Reynolds | Feb 12, 2009 | Real Estate Investment How-to Articles
You know, it’s utter nonsense to submit offers to sellers and just hoping they’ll accept. Sure, I used to do that; and I’d sit there by the mailbox with my fingers crossed, praying the mailman had more than bills and junk mail for me today. And every...
by Brandon Reynolds | Feb 11, 2009 | Real Estate Investment How-to Articles
Are you a newbie attending a real estate investing club? Learn the rules before you attend.Having run a real estate club since 1994 with 650 members [Colorado Association of Real Estate Investors] and having spoken at more than 50 clubs around the country, I have a...
by Brandon Reynolds | Feb 11, 2009 | Real Estate Investment How-to Articles
By definition, a real estate investor puts up some money and “invests” it into deals. As a real estate “entrepreneur,” I prefer to avoid tying up any of my cash in my real estate investments. In fact, I prefer to collect some of my profits on...
by Brandon Reynolds | Feb 11, 2009 | Real Estate Investment How-to Articles
As I travel around the country giving seminars and training classes on Rehab 101, I often am asked if I have a favorite home repair technique. The first thing that comes to mind is Bondo. Yes, the same Bondo body filler that mechanics use to repair dents on wrecked...
by Brandon Reynolds | Feb 11, 2009 | Real Estate Investment How-to Articles
Being a real estate investor means protecting yourself from potential scams. Just because someone holds a professional license of some kind doesn’t mean that he is honest. You can probably order one of these licenses over the Internet. We know that it can be...
by Brandon Reynolds | Feb 11, 2009 | Real Estate Investment How-to Articles
[Editor’s note: The real estate short sale can be a useful and very powerful technique for turning “no equity” deals into big profits. In a short sale, you negotiate with the bank holding the mortgage and get it to accept *less* than what the seller...
by Brandon Reynolds | Feb 11, 2009 | Real Estate Investment How-to Articles
[In IRS Definitions for “Real Estate Investors” (Part One), Diane defined real estate dealer status and real estate professional status and the related tax planning. In Part Two, she’ll discuss real estate developer status and related tax issues.]...
