Is Zombie House Flipping Fake?

zombie house flips

Zombie house flipping is a television show on A&E, and it is also a term for houses that have been vacant for years. I was sucked into the show the other day even though I get really frustrated watching house-flipping shows. I have flipped over 155 houses and have 16 flips going right now. I get … Read more

Should you Get a Real Estate License Online or in a Classroom?

young investor

One of the hardest parts of getting your real estate license is completing the education needed for the licensing requirements. In most states, you can take online real estate classes or classes in a classroom with a real teacher. There are many pros and cons to both options, and the better option will depend on … Read more

How Does a 1031 Exchange Work with Rental Properties?

1031 exchange

Rental properties have many great benefits including favorable tax benefits with the IRS. Not only can you depreciate rental properties to save on taxes, but a 1031 exchange allows you to sell a rental property and defer the taxes on any profit you make or recaptured depreciation. A 1031 exchange has many rules and regulations … Read more

What is the Average Profit on a House Flip?

house flip profit

I have seen many video ads and Facebook ads about the average profit on a flip being $66,000. I flip a lot of houses, and that number seemed very high to me. I did a little research to figure out what the actual average profit on fix-and-flips is. I can tell you that $66,000 is … Read more

How to Find Off Market Properties

off market houses

Most of the United States is in a very hot real estate market. With housing prices increasing, it is getting tougher and tougher for real estate investors to find great deals. Buying off-market properties is one way to get great deals and avoid the intense competition on the MLS. Most MLS properties are priced too high … Read more

Update on My Real Estate Goals for 2018

1981 aston martin v8 volante

2018 is more than halfway done, and I thought it would be a great time to update everyone on what has gone on in my real estate world. I set goals every year, and one of my challenges is making sure I am reviewing and paying attention to those goals. It is easy to get … Read more

Online Real Estate School Review: Real Estate Express

real estate express

Real Estate Express is a real estate school that provides online classes in many states. Three agents on my team have taken online classes from Real Estate Express and have some great feedback on the program. I also took my real estate classes online back in 2001, but I did not use Real Estate Express. I … Read more

What Is Escrow Disbursement?

In real estate, an escrow disbursement is a process of dispensing the amount held in escrow to pay for homeowners insurance, property taxes, and other property expenses. Lenders usually require borrowers to put money on an escrow account during or after the closing of a property purchase or when property expenses are due. When the … Read more

What is Driving for Dollars?

drive for dollars

Driving for dollars is a term that real estate investors use to describe a technique for finding great deals on houses. You drive around until you find a house that looks vacant or distressed and then attempt to buy that home from the owners. Driving around looking for houses is simple, but the process of … Read more

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