A Beginners Guide to Buying Your First Home

first time home buyer

Most people have the dream of buying their first house. It is a huge accomplishment! However, many people do not have any idea of what they are doing when they buy their first house. They rely on their real estate agent, their lender or bank, and the title company or attorney to do everything for … Read more

How To Purchase Property Below Fair Market Value

I bought more than 30 properties last year, and I bought all of them below market value. I bought houses to flip and properties to hold as rentals. One of the greatest advantages of real estate is that you can buy it for less than it is worth. Every piece of property is different. Real … Read more

How to Find and Buy Deals on the MLS

houseflip_9 from the MLS

While many people say you can’t do it, it is definitely possible to find a great deal on the MLS (Multiple Listing Service), but it takes patience and work. I sold 26 house flips last year in Colorado, and I bought most of those deals from the MLS. Many markets are seeing rising prices and … Read more

How to Find and Buy Non-Performing Notes

Buying non-performing loans or notes is a great way to invest in real estate. Non-performing loans are loans that the borrower is behind on or has stopped making payments. In the past, banks would foreclosure on these loans and sell the property attached to the loan, but now banks are selling these notes without foreclosing. Since the notes … Read more

Where to Find Investment Properties

One of the most important parts of real estate investing is finding deals. Finding deals is also one of the hardest parts of the business. The house flipping shows make finding the deal easy, but it is far from it! There are not 100s of banks just waiting to sell their foreclosure for pennies on … 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

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

How to Buy & Finance a House that Needs Repairs

taxes on flips

Houses that need repairs often can be bought below market value. I base my investing strategy on buying houses below market value and financing those properties, which is not always easy. When you buy a home that needs repairs, many lenders will not lend on that house if the repairs affect the livability of the … Read more

Should You Buy a House Located on a Busy Street?

flip on busy street

As an investor, I have bought a few houses that were located on busy streets. I have bought houses that backed up to a busy street and houses that fronted a busy street. Often, houses on busy streets are much cheaper than similar houses on quiet streets. There is a reason those houses are cheaper: … Read more

How to Win Highest and Best When Multiple Offers Are Submitted

multiple offers

I have been involved in many multiple offer situations as a buyer, seller and listing agent. I just made an offer on a short sale late last week where they received multiple offers and they have asked for highest and best. There are many different strategies you can use when trying to win a highest … Read more

Should I Get a Home Inspection?

home inspection

When buying a house, buyers are given a certain amount of time to complete a home inspection. Most people complete some type of inspection when purchasing a home, but is a home inspection always necessary? I have been a Realtor since 2001 and I am also a real estate investor. In my opinion 95 percent of house … Read more

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