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Blog entries tagged with "flip":
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Many Realtors are familiar with the CMA - the Comparative Market Analysis. It's standard operating procedure: when a home owner is interviewing a Realtor to potentially list their home for sale, most Realtors will provide a CMA that shows what the Realtor believes the property will sell for, given the condition … (1 comments)
I had an interesting conversation with a colleague from another brokerage. We were discussing recent transactions in a neighbourhood both MLS and non-MLS. For the latter, I referred to transfers reported with the Land Registry Office. On one property -- which I used as a comp -- the other agent dismissed … (1 comments)
Being from the Phoenix area, i have had heard so much talk about the infamous report that can found on MSN.com about US markets. If you have not read it yet, it shows that the Phoenix market as the second most volitile market in the nation with statistcs to back it … (1 comments)
Sure, we can agree that on a flip, there's a maximum on how much should be spent, once you consider the costs of acquisition, renovation, commissions, closings, and carrying, factor in a desired profit margin, and project what the market would bear. After all, making a profit is the goal for … (3 comments)
Many home buyers and real estate investors have been prompted by steadily increasing interest rates to be more aggressive in their hunt for bargain homes. Competition for the best-priced and most attractive homes has only increased in most real estate markets and because of that intensity, foreclosures are drawing more and … (0 comments)
Man, I went to look at some condos with a client one of which was Azul... in Freemont
Determine Your Investing Strategy:
I just did a post on things that look good to fix and flippers in the Colorado Springs market, (and I suppose everywhere), but there are a few things that you can't put a cosmetic bandage on. For this reason, there is a very small sub-community among the seasoned flippers that … (0 comments)
"Flipping" isn't for everyone-Be ahead of the game by knowing what you are buying! Don’t (especially for the first ones you buy) go in thinking you know everything of what to look for. Bring in inspector in as early as you can-so you don't waste your time and money!
When is Flipping Illegal? by John Occhi REALTOR Realtor Consultant to Foreclosure Investors 
So You Have a Short Sale Lined Up - When is Enough Too Much? - Step #7by John Occhi, Hemet - San Jacinto Valley REALTORHemet - San Jacinto CA Real Estate
Tuesday, June 19th is probably going to turn out to be a typical day. We shall see how it compares aftera few more weeks. Here is how it went:
The Austin market is SMOKING HOT right now. With both coasts taking a 40%-60% hit in values, investors are pouring in to Austin. To that end, I thought some general education about our market would be appropriate.
FLIP
I'm sure many of you watch the flipping shows, well I was surprised to find this on another forum.
This home in Timber Ridge, TX is going to go fast... 
Time to start gobbling up investment property! Some people are in trouble with the increase of foreclosures (430,000 in the first quarter of 2007) that have come about, and will continue for quite a while. Others are licking their lips. 
Hey folks, I am just getting into real estate and I spend a great deal of time watching shows on HGTV about flipping houses, there are also a few I watch on TLC.
A Smart Approach to Selling Those ‘Fixer-Uppers'By Frank SchiefelbeinAs many home shoppers learn during showings, the best buy in town is often the "fixer-upper" -- an unattended house on an otherwise nice street, or an older home with lots of charm but an impossibly ancient kitchen. When cash is tight, clients … (1 comments)
FLIP: How to Find, Fix and Sell Houses for Profit has recently earned a spot on the BusinessWeekbest seller list. Written by veteran real estate investors Rick Villani and Clay Davis, the book is the third in the Millionaire Real Estate Series. Both Villani and Davis are senior executives at HomeFixers®, … (6 comments)
Pocket Pack Creative Financing
Ok... So not to step on any toes here or anything, but I'd like to have some opinions here.... I sell foreclosures for a living...not making a killing, but enough in my market that I have had a measure of success at it. I have been doing it for about 7 years … (14 comments)
Flipping a House Fast and Cheap You bought a good, solid home in a decent neighborhood for 80 percent or less of what you know you can sell it for after fixing it up (based on the price of comparable, better maintained properties in the same neighborhood). The house needs no … (11 comments)
My uncle told me a few weeks ago that flipping houses is bogus...but ADDING VALUE to houses, now that's a different story.
I just came across a fixer in Redding today for $875,000. Yes you read it right a fixer. Now granted it does have 6 bedrooms and 5 baths and it is on the river but $875,000. Wow. From the pictures, and there were not many (wonder why) it looks like the … (0 comments)
Flipping Fixers: 
I just finished an initial consultation with a group of prospective investor clients (they've moved from suspect to prospect), who are entertaining the possibility of creating a portfolio of properties in the Charlotte NC area. They currently live and work in New York City, but the cost of housing up there … (2 comments)
Avoid Lease Option Heartache
I love the reality shows. Buy low, sell high, make a bundle. $50,000 profit. Really?
Just finished watching "Flip This House" on A&E and it just reminds me of my own flip earlier this year. 
Are you new to investing? It can be a scary world out here. People that want to take you for a ride. Promise you the world and leave you in deep debt. Well, not here. I take a step by step approach to investing that has had great returns for the … (2 comments)
My wife and I decided to buy the home below us earlier this year. Mostly because it was always rented out and we were sick and tired of the noise from the renters and the fact that the owner/landlord was out of country all the time and therefore the home was … (5 comments)
You will find this information very helpful whether you are a home owner or thinking about buying one! Researchers at Freddie Mac have put together a list for us of life expectancies of various home systems and major appliances and published it on The Old House Web at http://www.oldhouseweb.com/stories/detailed/267.shtml … (0 comments)
Despite huge Federal payments for hurricane relief and the Iraq war, the Federal deficit is actually DEcreasing this year due to higher than expected income tax revenues.