flip: Why Are You Buying? - 06/05/09 06:17 PM
A friend of mine recently told me that she spends hours every week, perusing the classifieds and MLS listings, looking for a cheap property. I asked her, "Why?" and she replied that she was looking for a good investment. But is property really a good investment in this economy?
Property is an investment, but not always a good one. For people who bought their homes in 2005 or 2006, they know what a bad investment looks like. So, why would anyone buy a piece of property in this economy, as an "investment"?
1. Buy it and hold it. Eventually, it will … (0 comments)

flip: Time to Flip - 06/05/09 05:57 PM
Now that the real estate market has theoretically bottomed out - or at least we hope - the flippers are back in town. If you missed the last flipping market, here's what it is all about. "Flipping" is a term that means buying a house and selling it for immediate profit.
When the market was going gangbusters, flipping was easy. You could buy a trashed piece of property, hold it for a month, and sell it for a quick 5-figure profit. If you wanted to make more, replace the cabinets, tiles, and carpet and hold out for the extra bucks. The … (0 comments)

flip: My website is beginning to BOOM!!! YEAH!!! - 02/10/09 02:45 PM
hello everyone, my website Fliplocator.com is now beginning to take off!! im getting more and more people clicking it and looking around on it every day!  For the month of febuary I am averaging 10,000 hits  day!  yeah!!!!!     I need it to grow more though!  So i am asking for the community of active rain to give me tips on what would make it better, or what would advertise it better? 
any advice is good advice! 
 
thanks
austin
(10 comments)

flip: My investment situation.... need professional help - 01/31/09 05:50 AM
Ok, believe it or not, I am a realtor.  I am fairly new and was doing it part time, but now am doing it full time.  So am still learning alot.  But anyways, heres my situation as of right now. 
I am 22, my friend is 22.  We are both going to do a rehab together in dallas.  We have about $15k - $25k together depending on things.  So we want to do a rehab that is around $50,000 - $80,000.    
We have income, however it does not reach the 28/36 bracket.  So there goes conventional financing option.  We have found … (6 comments)

flip: Free EBAY ad GIVEAWAY!!! no joke, first 10 people only - 01/28/09 05:10 AM
ok, so I am about to spend $300+ on ebay ads!  And I am looking for 10 properties across the nation that are below 70% ltv.   If you have a property that is below this then please respond to this blog with your phone # and I will get back with you. 
This is basically $300 in free advertising for your investor property!!
 
HURRY only first 10 get it!
(0 comments)

 
austin ellis (David Ellis Real Estate ) Rainmaker large

austin ellis

Dallas, TX

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David Ellis Real Estate

Address: Dallas, Tx, 75243

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I have designed and developed mobilehomesforsale.com into a premium website that is the best in the business. We buy and sell mobile homes from all over the united states. Our company is here to help you succeed in the mobile home industry.


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