Real estate blog entries tagged with flip

Blog entries tagged with "flip":

flip: What are the different ways you can sell your property, pros and cons! - 03/09/08 06:36 PM

There's More Than The Price
There are a lot of ways you can sell your property, let's look at the pros and cons.
Mortgage Sales
Obviously, this is the most favorable way to sell your property because you get your cash out to re-invest immediately. This is also the most … (0 comments)

flip: If you buy investment properties, what do you need to know about hiring contractors? - 03/09/08 06:28 PM

If you buy investment properties, what do you need to know about hiring contractors?
Where do you find contractor? Ask for referrals from other investors. You can also go to Home Depot early in the morning where the contractors are checking-out. Talk to the clerks about who the regulars are … (1 comments)

flip: Independent Contractors or Employees? Using Others To Work On Your Properties - 03/09/08 06:26 PM

There are a few important concerns you should have when hiring anyone to rehab for you. Namely, they might get hurt and sue you; they might file for unemployment after the job is done, or they might claim that you were employing them and are responsible for all of the … (0 comments)

flip: Necessary Repairs as Real Estate Investor - 03/09/08 06:23 PM

There are some repairs that you will have to maker to get your property to sell. Let's discuss them. 1. PAINTING. A fresh coat of paint works wonders for improving the looks of any house. Flat, off-white hides defects the best, especially cracks. Fix them, cover them, and hide them. … (0 comments)

flip: Fixing up Homes as Investor - 03/09/08 06:21 PM

There are a lot of different opinions about fixing up properties, and most of them are correct. What I do to remodel a home may be considerably different than what you may want to do to fix a property. The market or area you are working in can greatly affect … (0 comments)

flip: VA Repossessions - 03/09/08 06:19 PM

When the Veterans Administration guarantees a mortgage and the mortgagor defaults, the VA repossesses the property. To sell these properties, they offer them for sale on land contract to the public. The terms are generally favorable to the purchaser. They will take zero down on a thirty-year term contract.
The … (0 comments)

flip: HUD Repossessions by Mark Maupin - 03/09/08 06:17 PM

Several years ago, HUD changed its guidelines. Only people who intend to occupy the properties as their personal residence for at least one year are allowed to purchase. For the most part, there are no sales to investors. However there is a section of the listings that are available for … (0 comments)

flip: Working With Lenders With Repossessed Property (REO) by Mark Maupin - 03/09/08 06:14 PM

General
Every lender will, at one time or another, take property back due to non-payment. Most banks and mortgage companies refer to these properties as Real Estate Owned or REO’s. In this next section, I would like to discuss purchasing property from the lender after completion of the foreclosure process.
… (1 comments)

flip: Privately Funded Mortgages - 03/09/08 06:09 PM

This is the type of financing I end up using most of the time. There are mortgage companies who will finance the purchase of investment property. Often they will finance all of the purchase depending on the equity in the property. Generally, you cannot obtain this kind of financing if … (0 comments)

flip: All You Need Is Money - 03/09/08 06:02 PM

There are many real estate investor "gurus" that say you can buy property with no money out of pocket and become rich. Well, I've achieved the first part of this, but I'm still working on the second. I would like to look at an overview of the different sources of … (0 comments)

flip: Purchase Agreements- What Are You Going To Offer? - 03/09/08 05:56 PM

When you have found a property, there are a few things to determine before making your offer.
HOW MUCH CAN YOU PAY? This determination is going to be made up from a number of factors, which include True Value (fair market value) of the property after repairs, the cost of … (0 comments)

flip: Working With Your Realtor When Making An Offer as Investor - 03/09/08 05:53 PM

Unless the Realtor you are working with is experienced in buying or making offers on investment property, you will probably have to give them some "specialty training."
You will have to share your purchase parameters with your broker, i.e. price, neighborhood, seller motivation, seller financing, etc.
Then review keywords … (0 comments)

flip: Researching The Property To Find Motivation by Mark Maupin - 03/09/08 05:51 PM

By reviewing the records at the county register of deeds for the property you are chasing you can find information that may be useful in determining the seller’s motivation.
Through research, you can determine what the property was purchased for by its current owner, when it was purchased and how … (0 comments)

flip: Investors Whom Are You Making The Offer? - 03/09/08 05:48 PM

This is part of a book I wrote and a taste of one real estate investing guide DVDs done by me. I will be republishing the majority of my book on my active rain blog. If you are interest in DVD or Seminar I have done on Real Estate Investing … (0 comments)

flip: OFFERS for Investors - 03/09/08 05:46 PM

flip: Determining The Value Of Real Estate - 03/09/08 05:44 PM

flip: Buyer Brokers for Investors - 03/09/08 05:41 PM

flip: REALTORS for Investors - 03/09/08 05:38 PM

flip: The Buying Zone for Investors - 03/09/08 05:35 PM

As a new investor, focus on a geographic area within 30 miles of your house. This is your area to “farm”. Learn the values of property in your farming area and build relationships with contractors, inspectors and ordinance officers. Focusing on the same area will also improve your knowledge of … (0 comments)

flip: Style and design for investment Properties - 03/09/08 05:32 PM

flip: What Kind Of Properties do Investors Look For? - 03/09/08 05:26 PM

flip: Buy or Sell this Foreclosure, earn 2.5% - 03/05/08 05:35 PM

POSITIVE CASH FLOW MULTI-FAMILY 15 MINUTES FROM NEW YORK CITY
As most of you on Active Rain know, helping families out of a foreclosure situation is one of my favorite things to do.In most cases we help them stay in the home, but sometimes they want to walk away from it owing … (3 comments)

flip: Flip this house - Post #12 - 02/29/08 04:07 PM

The punch out list for the house is completely done now. So the house is ready for a new buyer to move into.
The hard part in this market of course is finding that qualified buyer. You have to be flexible on price and terms in order to make a deal happen. We have had … (0 comments)

flip: Remember to pay your bills when you buy, rehab, and flip houses - 02/25/08 07:19 PM

If you're going to buy, rehab, and flip houses, be sure to pay your contractors and the other members of your team.
The star of the first two seasons of Flip This House, Armando Montelongo, is accused of not paying his appraisal bills for the properties he bought to rehab. Here's the story … (12 comments)

flip: My First Rehab - Danielle Johnson-Pierce - 02/18/08 09:36 PM

I had always wanted to “get into” real estate investing. Like everyone else, I had seen the late night infomercials and heard all the “get-rich quick” schemes where everything sounded so easy. I was never truly convinced by any of the so-called gurus, so I bided my time until about … (0 comments)

flip: Flip this house - Post #11 - 02/18/08 05:49 PM

Now we are into the challenging part of this transaction, finding a retail buyer that can qualify and afford this house. I have had another dozen or so calls on this house since last week and yet another buyer who has told me they love the house and they want to buy it. The … (3 comments)

flip: Flip this house – Post #10 - 02/09/08 06:36 PM

There are lots of new and exciting changes to the house this week. Most of the punch out list is done, the kitchen is done, and the house is officially on the market as of this Monday just passed.
So far this is the marketing plan:
We have an ad running in the … (1 comments)

flip: Tempe, AZ Real Estate Investing, Buying Seminar!!!! 2/11/2008 630pm - 02/02/08 09:11 PM

Click here to check outThe Lusso Group Buying/Investing Seminars! … (0 comments)

flip: New Investing - Buying Seminar - Tempe, AZ - 02/02/08 09:07 PM

… (0 comments)

flip: Flip this house – Post # 9 - 02/02/08 10:27 AM

Just in time for the Super Bowl, we are down to the one-yard line with this house. The house officially goes on the market on Monday. We have been doing some preliminary advertising via signs in the yard and a newspaper ad in the Orlando Sentinel and gotten a few calls. … (4 comments)

flip: HURRY UP and WAIT! - 01/29/08 09:37 PM

So today I heard from the Real Estate Commision and they informed me that my broker and brokerage license is ready....but I am not. So I drove down to Trenton to see what can be done, and I could slow it down for a month if I wanted I would just have … (0 comments)

flip: A Picture is worth a Thousand WORDS - 01/29/08 09:29 PM

… (0 comments)

flip: FLIP TO WIN PART 6 OF 6 ...FINANCING THE UNFINANCABLE - 01/28/08 12:51 PM

STEP 6
FINANCING THE UNFINANCABLE
LETS SAY YOU COME ACROSS A WONDERFUL OPPORTUNITY TO PURCHASE A HOME THAT IS IN SUCH A DISTRESSED CONDITION, THAT IT'S NOT MORTGAGABLE.YOUR FINANCES MIGHT NOT ALLOW YOU TO PURCHASE ALL CASH .WELL, THERE ARE OPTIONS,SOME MORE COSTLY THAN OTHERS .THIS DIAMOND WAITING TO SHINE HAS A … (0 comments)

flip: FLIP TO WIN PART 5 OF 6 ...assessing the work - 01/28/08 12:40 PM

STEP 5
ASSESSING THE WORK ON THOSE UGLY HOUSES.
I AM A STRONG BELIEVER IN DELIVERING A QUALITY PRODUCT AT RESALE.ASSESSING THE AMOUNT OF WORK AND MATERIALS TO USE CAN BE TRICKY. START BY LOOKING AT THE NEIGHBORHOOD YOU PURCHASED YOUR FLIP IN. DO THE HOUSES HAVE VINYL SIDING? ARE THEY STONE … (0 comments)

flip: Location, Location, Location - 01/27/08 10:59 PM

In real estate the axiom is Location, location, location so picking where to place your real estate brokerage home and leasing or buying that property is a huge decision. Especialy for a new business. For us it was an easy one that will make sense when explained. EXIT REALTY is a … (1 comments)

flip: Flip this house – Post #8 - 01/26/08 09:42 AM

The house is very close to getting completed. I am estimating 1 more week and we will be completely done. The For Sale signs are out in the front yard and a newspaper ad is running in the Orlando Sentinel for the next 4 weeks. The ad is short and sweet … (2 comments)

flip: FLIP TO WIN PART 4 OF 6 ...RISK VS. REWARD - 01/25/08 01:36 PM

STEP 4
RISK VS. REWARD
SPECULATING(FLIPPING) REAL ESTATE HAS MANY REWARDS.WHEN I FIRST GOT IN THE BUSINESS I HAD VISIONS OF MAKING A MILLION DOLLARS THE FIRST YEAR. I HAD NO IDEA OF THE AMOUNT OF WORK IT TOOK JUST TO SEE ONE HOUSE THROUGH CLOSING. IT IS TRUE THAT THERE IS A … (0 comments)

flip: FLIP TO WIN PART 3 OF 6 ..THE NUMBERS NEVER LIE - 01/24/08 09:52 AM

STEP 3
THE NUMBERS NEVER LIE
WE HAVE ALL SEEN THOSE T.V PROGRAMS THAT GLAMOURIZE FLIPPING.I WISH IT WAS SO EASY THAT EACH AND EVERY HOUSE THAT WAS PURCHASED WITH INTENT TO FLIP YIELDED SUCH A LARGE MARGIN. INVESTING REQUIRES LOTS OF DUE DILIGENCE DON'T BE FOOLED INTO THINKNG ITS FOR EVERYONE.
HERE'S … (0 comments)

flip: FLIP TO WIN PART 2 OF 6 - 01/23/08 09:15 AM

STEP 2
PICKING A DEAL FROM A DUD.
THE SEARCH IS ON LOOKING FOR THAT PERFECT FLIP!!! DECIDE ON A TARGET AREA THAT INTERESTS YOU.DO SOME DRIVING(LOTS OF DRIVING) THROUGH THE NEIGHBORHOOD.ALL THE WHILE LOOKING SIDE TO SIDE FOR HOUSES THAT ARE DISTRESSED,MAYBE AN OVERGROWN LAWN,BOARDED UP WINDOWS(YOU GET THE IDEA).WRITE DOWN THE … (0 comments)

flip: FLIP TO WIN ! PART 1 OF 6...A STEP BY STEP APPROACH - 01/22/08 10:05 AM

FLIP TO WIN!A STEP BY STEP APPROACH OF WHAT YOU NEED TO KNOW WHEN BUYING TO FLIP. IN THE PAST 10 YEARS THERE HAS BEEN A FLOOD OF NEW INVESTORS WANTING TO BECOME INVOLVED IN SPECULATING REAL ESTATE. DURING THE COURSE OF THE NEXT WEEK , I WANT TO SHARE SOME … (0 comments)

flip: Flip this house – Post # 7 - 01/19/08 10:36 AM

Hopefully one more week and we will be ready to start running ads and get this house listed. The goal is to have it completely rehabbed by the end of January.
The exterior of the building is completed except for some final touch up painting. Notice the shutters on the window to … (5 comments)

flip: Flip this house – Post # 6 - 01/13/08 10:46 AM

The rehab is getting close to being finished. Hopefully within 2 weeks it will be move-in ready. Our workers have been at it nearly every day including weekends.
The stucco across the front is done and the exterior painting has been pretty much completed.

The interior floor has ceramic … (3 comments)

flip: To Flip the house... or flip the contract..that is the question? - 01/08/08 07:51 AM

Excuse me a minute for a little rant about one of the common questions I get from investors. Should I flip the house myself or wholesale it to another investor?
I think it depends. If the house needs very little work, such as just paint or carpet, it makes sense to call … (6 comments)

flip: Flip this house – Post #5 - 01/06/08 05:13 PM

We have made some progress since the demolition and trash out. I am posting a few photos below to show where we are with things as of Friday. I do want to share how we handled some of the other details of the transaction during this transition period while the house … (5 comments)

flip: Hemet Short Sale Investing - A Wind of Change in 2008 - 12/31/07 11:00 AM

2008 will see a dramatic change in the way short sale investors approach the Hemet real estate market. The old model of beating up the lender to buy low and flipping with an end buyer in place is almost a dinosaur model and will near extinction by the time 2008 unfolds. … (4 comments)

flip: Flip this house – Post # 4 - 12/29/07 03:39 PM

We are well into the rehab now and actually a little ahead of schedule. Our crew has been working nearly every day except for Christmas, so we have gotten a lot done. We had our regular plumber come out and make sure the house was free from leaks (bank REO houses … (3 comments)

flip: Flip this house - Post #3 - 12/22/07 05:21 PM

A few people have emailed me wanting more information about the numbers on this deal. I was meaning to post them yesterday, but the post ran a little long.
I did a quick MLS search for the actives and solds in the last 4 months within 1 mile of this property. Here … (2 comments)

flip: Flip this house - Post # 2 - 12/21/07 11:23 AM

Well we closed on the house yesterday. The house is a 3 bed / 2 bath / 2-car garage block house in the Northwesterly Pine Hills area. (For those not in Orlando, Pine Hills is an infamous area of town often tagged as "Crime Hills" but the area covers nearly 20 square miles - … (4 comments)

flip: Flip This House - 12/21/07 01:19 AM

I received a call from a woman out of town yesterday. She had invested in a con. She was promised with a partnership with an investor on a great deal on a flip. The purchase price was $70,000. They would do the renovation, and then they would sell the home for … (7 comments)

flip: If We Could Just Get Someone To LOOK At These Listings!!! - 12/10/07 01:26 PM

Even in a tough market, the cream of the crop listings should sell if they are priced right, correct? Not so! I am proud to say that some of my listings are the sharpest of the sharp, located in the most sought after neighborhoods and priced FAR below the not even … (4 comments)

flip: Real Estate deals in Redding California....How to make money right now! - 12/07/07 06:25 PM

There are usually two sides to every coin.Heads and tails on money.Right now lends itself to one of the best times in the last 20 years to purchase real estate. Don't believe me? Well here is just one example...A local Broker (name withheld to save him from a stoning) purchased a … (0 comments)

flip: Lifestyles Unlimited - 12/05/07 10:27 PM

Has anyone heard or is anyone apart of the Lifestyles Unlimited group? It is a group for investors and they have a radio show that is actually pretty good and informative.
Just wanting to know the feedback on this group and if it is worth the $740 member fee? I know … (17 comments)

flip: Ah, But One Day The Tables Will Turn! - 12/04/07 02:44 PM

We love the buyer's market for our buyers, right? But there is, as with everything, and ugly side to our well advertised and media-ized market. By now, most of us seasoned Brokers and Agents know that you never let em' smell blood, right? Poker face...play it straight, we all know its … (1 comments)

flip: Any investors, first timers or rehabbers out there?? 2/1 @ $119,000 - 12/03/07 12:10 PM

HOLLYWOOD LITTLE RANCHES IS A QUAINT AREA OF HOLLYWOOD THAT IS IN DEMAND. PUT $50K INTO REPAIRS AND UPGRADES AND FLIP OR MOVE IN! CALL TODAY!
BANK FORECLOSURE! TWO BEDROOM HOME WITH FENCED YARD. SOLD IN "AS-IS" CONDITION...REPAIRS REQUIRED, PROOF OF FUNDS / PRE-APPROVAL LETTER REQUIRED WITH ALL OFFERS (USE FAR/BAR CONTRACT … (0 comments)

flip: Go With Your Gut! - 11/27/07 04:27 PM

Let's face it...all listings are not good listings and all buyers are not good buyers. I think many people get side tracked into forgetting that our Listing Agreements and Buyer Agencies are two sided contracts between us and a Buyer or Seller.
Never work with someone that makes you make this face!!!
Sometimes … (0 comments)

flip: You'd THINK People Would Answer Offers Promptly In This Market!!! - 11/27/07 12:47 PM

Ok...Rant, Rant, Rant...THREE of my agents and MYSELF have offers out there. Four of us! We EACH have at least one offer out there. Dianne actually has about three. We deal with a lot of bank repos here in the Colorado Springs market, so we are having to deal with lots … (5 comments)

flip: TV Shows on Flipping Houses - 11/27/07 10:09 AM

As the broker for a large real estate company (VM Group), I get many calls from investors wanting to start flipping houses. After 5 minutes in the phone call they always reference a show they saw on TV such as "Flip That House", Flip This House" or "Flipping Out" or the dozen … (4 comments)

flip: We need Houses! - 11/26/07 11:04 PM

We are looking for houses that we can buy that need to be fixed up.
We can close within 7 days if need be and seek homes all over the valley.
If you have a listing that meets this criteria, please email it to me or call at
24hrs
1 800 … (2 comments)

flip: Make A Copy Of The MLS Part Of The Contract! - 11/26/07 03:43 PM

Recently, I had an ugly scenario happen with one of my junior agents. She was dealing with an unscrupulous Broker who decided to change compensation offered to the Selling Broker AFTER the parties had negotiated back and forth and reached a verbal agreement.
That other agent has egg on her face, now!
My … (9 comments)

flip: Don't Forget To Call On Sparky... - 11/26/07 03:36 PM

This post was inspired by another one that I just answered. I was just thinking about how funny it is when you call another office for showing instructions and they say things like. "Knock, wipe your feet, leave a card and don't forget to call on Sparky the Dog as you … (0 comments)

flip: Busy Is Not Necessarily Productive...But It Will Be! - 11/26/07 03:23 PM

I have been hearing quite a bit from colleagues lately that they are "really busy" and so am I. However, I'd be lying if I didn't say that the busy-ness is not necessarily my normal quota of productivity. I find that I am writing more offers and getting less contracts. That … (1 comments)

flip: The 4 Elements to Consider when Investing in Hemet Real Estate - 11/26/07 12:57 PM

In today's Hemet Real Estate market, it is truly an investors dream. Seasoned investors and novices who felt as if they got squeezed out of the last market are all circling the current market and looking for the right opportunities, -which with today's short sales and bank owned REO properties - … (0 comments)

flip: My Cats Hate My New Flip Video Camera - 11/25/07 07:26 AM

I bought my new flip video camera while at the NAR convention. NO, they didn't sell them at the Expo. I actually bought it on Amazon after seeing someone with one. I had to have it. It was in my office by the time I got home. It is small (about the same size … (43 comments)

flip: Foreclosures Repossessions - 11/23/07 06:08 PM

I have contacts to clean up help re-locate, help refinance, bank repossessions. It is does not have to be a scary market. I am here for you every step of the way. If you need help cleaning out, relocating, clarifying why repossession has been addressed in your situation, how repossession can profit … (0 comments)

flip: NEW REALITY T.V. SHOW..."LOW BALLER!" - 11/23/07 03:07 PM

Haven't Seen This Lady At Any Open Houses Lately!!!
They call it "reality tv" when you see these big investors going around and buying property at 50% and selling it at the open house, for full price or more, just a few short weeks after purchase. That's NOT reality. But this is...
I … (12 comments)

flip: The "Back Charge" Philosophy - 11/14/07 04:22 PM

I guess this is my day to vent. Except for one, most of my posts today seem to be about annoying things, so while I'm on the subject, I figured I'd throw this one in for free!
Time to pay the Dr.!!!
We all know that if we miss our doctor … (9 comments)

flip: Do you have a pool? I have some advice for the Winter, and your pool. - 11/02/07 03:11 PM

First of all here is the link to the article I read on REALTOR® Magazine.
http://www.realtor.org/RMODaily.nsf/pages/News2007110206?OpenDocument
It gives you seven tips on how to protect your pool and what to do to maintain it during the winter. If you have a pool and live in a cold climate this could be useful. … (0 comments)

flip: Home Improvement Contest - Get your clients entered! - 10/30/07 05:34 PM

Hey everyone, I just came across a great contest if you have do-it-yourselfers for clients as I do. The contest is sponsored by the Home Depot, Grand Prize is $25,000, WOW! That would make you a very favorite person with some client. Go to www.BHG.com/challenge for all the info. They'll need … (4 comments)

flip: Caught With Your Flip Down? - 10/30/07 04:35 PM

Upside-down on your flip right now? This is what I'm telling my clients to do...
It's a crazy, unpredictable cycle we're in. I saw it coming, so I slowed my flippers into "buy and hold" mode several months back, but some of them are caught in this nasty downturn "mid-flip", so what CAN … (0 comments)

flip: Always A Bridesmaid, (Shopper)...Never A Bride, (Investor) - 10/30/07 02:36 PM

I don't know what to say about this market. I've seen several swings and fluctuations in the past, but this is outdoing them all!
Buyers just can't decide!
It's not uncommon to show our buyers in excess of 20 listings before they make a choice. Some of them are NOT going to … (1 comments)

flip: Looking for foreclosures? Why not pay some internet site for the info? - 10/29/07 03:13 PM

Well, it happened again! I received a call from a buyer looking for a Bargain home. The buyer said she received my name off of a "network" she joined, looking for foreclosures and other Bargain homes. I asked her which property she was wanting information on, and she rattled off … (7 comments)

flip: Before You Buy That Flippin' House - 10/27/07 05:44 PM

The big Twin Cities area foreclosure auction has come and gone. Many homes were sold to would-be investors who want to flip their new purchase. Some of these investors had never been inside the house that they just purchased.
Finding just the right home to fix up and resell can take time. There … (4 comments)

flip: Real estate FLIP class, based on FLIP, How to find, fix and sell house for profit - 10/21/07 08:39 PM

FLIP SEMINAR DECEMBER 6, 2007
PANAMA CITY BEACH, FL

Gene Rivers is a nationally recognized expert in several areas of Real Estate and is a speaker on the local, state, and national REALTOR levels. Some of his many roles on The Rivers Team are serving as the new construction liaison with … (2 comments)

flip: Tips for First Time Investors - 10/18/07 05:03 PM

Tips for First Time Investors
When starting out as a real estate investor, you can choose either the conservative approach of holding a property until it increases in value or the riskier approach of "flipping" - reselling very soon after making some improvements that add value. If you plan on taking … (0 comments)

flip: Don't Believe Everything That You See On TV - A&E's Flip This House Scam - 10/15/07 02:00 PM

Don't believe everything that you see on TV. Watch these videos that expose Sam Leccima of A&E's Flip This House. … (2 comments)

flip: The Tale of the Fix-n-Flip Nightmare!.....Part 2 - 10/13/07 09:20 PM

For anyone not seeing part 1, here's the link......http://activerain.com/blogsview/235955/The-Tale-of-the. Here we go, part 2!!
So Investment Partners show up, help pull out the kitchen cabinets still remaining and a few other things. All of what they removed from the house they left in the front yard!! Why? I don't know, we … (11 comments)

flip: Real Estate Investment Tips - 10/10/07 10:54 AM

One of the best ways to ensure your security for the future, or to build a retirement portfolio, is real estate. The earning potential of a smart investor is extremely high, because unlike nearly every other type of investment, real estate does not typically decrease in value. Over the years I developed … (12 comments)

flip: Attention All Beginning Investors... - 10/08/07 06:20 PM

Colorado Springs is a relatively small city, so we tend to get media-ized quickly in these parts. I am receiving numerous phone calls and e-mails from people in my church, social clubs, and client base who want to break into the investment market here.
The problem is that they have, (unfortunately), … (1 comments)

flip: Deal Number Three! Thanks Active Rain...YOU ROCK! - 10/07/07 10:58 PM

Just a short note to the skeptics...blogging WORKS! I don't know why I don't do it more often because I KNOW it works. I am closing my THIRD Active Rain deal in 9 months due to the fun practice of blogging.
My first one was when my husband signed me up on … (9 comments)

flip: Moving to Colorado Springs Soon? - 10/07/07 04:08 PM

If you are moving to the Colorado Springs area any time soon, you should know that the deals I have been able to find for my clients lately have blown MY MIND. I've been a Realtor in our local market for over 12 years and now I am a Broker/Owner of a … (0 comments)

flip: Busy In ColoradOCTOBER!!! - 10/07/07 03:03 PM

I don't know why, but October is always my best month for sales! Most people say sometime in the summer and some say it's the Spring, but I seem to have my board full in October. Who knows why?
Usually, I work with investors that fix and flip or purchase and sell … (2 comments)

flip: Cheap to Their Own Hurt!!! - 10/07/07 02:55 PM

I know there are ways to make money and many people are better at making and keeping money than I am. I do, however, think there are some who cut their noses to spite their investment faces!
I've recently seen people turn down great cash flowing properties because they were ONLY going … (9 comments)

flip: FLIP the book coming to Panama City,FL - 09/30/07 08:39 PM

FLIP the book is coming to Panama City,FL on December 6,2007. Has anyone attended yet? Gene Rivers, a renowned real estate trainer, will be teaching the class. I have been working with a young investor who has taken the course and has purchased 14 properites since May 2007.
Stay tuned for … (2 comments)

flip: Fixin' and Flippin' 101 - 09/28/07 12:59 AM

Thank you for your comments and interest in the Fix and Flip project that I recently wrote about.
I will be very honest about the fact that this was my first professional project. It came to me as a result of helping a client/friend find a fabulous patio home to scale down to. … (3 comments)

flip: 47586, Whats this Number? - 09/18/07 02:33 AM

This is the amount of Single Family Detached Homes we have for sale in Arizona as of 12:00 A.M. September 18, 2007. I have seen home prices for complete Flips for as low as $14,000, (no Pix to see though) in Coolidge. $35,000 in Casa Grande. NOTE: These are fixer uppers.
As … (0 comments)

flip: The Queen Mary Distracted Me From Flipping Homes - 09/16/07 01:08 PM

Yesterday I promised to share my thoughts on flipping homes. As I was sneaking around the Queen Mary ghost hunting yesterday, the topic on my mind (other than being extremely jumpy) was 'what is THE MOST important thing' I can share with you about flipping homes. I wasn't about to admit … (0 comments)

flip: My Addiction to Real Estate Reality TV - Good or Bad? - 09/15/07 02:01 PM

I received an email yesterday from someone doing a survey on how the general public feels about real estate reality TV. The survey proceeded to list some of my favorites: Flip This House, Flip That House, Sell this House, etc. Do I have an opinion on these shows - YOU BET!The … (4 comments)

flip: How to determine a good investment home? - 09/11/07 02:04 PM

There are several things that you need to look at to determine if the house is the right one for you and your personal strategy. There are several strategies as well. Flip. Buy and Hold. Equity. Ladder. If you need to find out what your strategy should be, just ask! … (0 comments)

flip: Should We Still Fix and Flip in the Colorado Springs Market? - 09/07/07 04:38 PM

People are fixing. People are flipping. People are investing and outvesting and trying thier best to make money in this strange and wonderful market cycle. Some choose to take my advice and "buy low/sell high", (fix and hold), but there are those few daredevil die-hards who can't resist a good deal … (1 comments)

flip: How to be a flipper not a flopper - 09/07/07 08:40 AM

Be a Flipper, not a Flopper
How to make money (and avoid losing money) when flipping real estate
"I want to get into real estate and flip houses! How do I do that?" This declaration and the question that invariably follows are addressed to me again and again during the course of every … (10 comments)

flip: Just Reduced ~ 4 BR Pool, Spa, Sauna Home ~ La Sierra ~ Fixer - 09/02/07 08:14 AM

Attention Contractors, Investors, Anyone Handy with Tools! Riverside Fix and Flip Opportunity!Location: Riverside, CaBring your tools and save! Large single story 4 bedroom, 2 bath home on a quiet, tree lined street in an established neighborhood. Features include formal dining room, a big kitchen, 2 fireplaces, sparkling pool, bubbling spa, covered … (0 comments)

flip: What is a Truly Undervalued Property? - 08/27/07 11:32 PM

A big part of our business is locating distressed homes for our investors. How do we find these? Well, we are not about to disclose that, but a large amount of people we come across, want to buy homes that they can literally turn around and sell for retail/appraisal the very … (1 comments)

flip: Fixing and Holding, Investment in the Colorado Springs Market - 08/26/07 08:13 PM

Hi! It's me, the Flip Lady again. I am so sick of a the "bad real estate news" again this week.
If it's so bad, how come business is so good? While I don't think this is the ideal time to "flip", it's an excellent time to fix and hold property. … (3 comments)

flip: whats new in the Calgary Market my first blog. - 08/21/07 02:36 PM

This is my first time 'blogging' and I must admit I am a terrible writer (thank goodness my wife has the gift).
I will express a few opinions here and would love comments or conversation. So here we go.
Well Summer is almost over and the news in the paper continues to rave about the … (0 comments)

flip: whats new in the Calgary Market my first blog. - 08/21/07 02:35 PM

flip: #40 Hybrid Offer - Cash Flow System - 08/19/07 12:28 AM

40 Hybrid Offer
When your intention is to "Control and Roll" (flip, resell, recast, wholesale, recycle, etc.) and the seller is stuck on a higher price than you are willing to pay, make a hybrid offer. Offer a lower sale price, plus a portion of your profit upon resale within 90 days. … (0 comments)

flip: Is this a good time to FLIP Homes?? - 08/11/07 02:56 PM

Oh my god YES! I'm sure many of you out there will think I have taken leave of my senses, so first, some background is in order:
In a changing market, such as the one we are in now, many buyers will sit on the sidelines waiting for the better deal. This … (2 comments)

flip: Make This Market Work For You...Fix And HOLD In Colorado Springs - 08/10/07 02:11 PM

Seeing a sign like this makes you say, "DUH", right? Well...just like you can be sure there's water on the road when it's raining, you can be sure that you can find a great deal in real estate when the market is leveling or declining! You could imagine another sign that says, … (2 comments)

flip: It's not too late to flip that house! - 08/10/07 12:01 PM

House Flipping Tips The House:
With all the information available to us via the internet, today's buyers are more savvy than ever! That being said, you need to be informed and educated before investing in real estate. If you expect to get full retail value for your flipped real estate property, it … (1 comments)

flip: Renovation Disaster - 08/09/07 12:18 AM

One of my clients repeatedly uses a particular general contractor because this GC knows his stuff, has a crew, and strikes an acceptable balance between cost and quality. This GC is always busy.
On one project, the GC managed to secure a second reno job on a nearby street. (Darn nosy neighbours.) … (2 comments)

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