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Frankly I don’t think the pure salesmen will be able to convert to professionals. There has been such a...
Tag: distressed
A lesson in the dangers of distressed property purchases…
A friend of mine contacted me the other day about a property investment opportunity that her brother-in-law (BIL) was placing in front of her and her husband. The property in question is located in the city and state where the BIL lives - and it’s far from the Seattle area at roughly halfway across [...]
Posted: December 20th, 2007 under General Real Estate.
Tags: attorneys, buyer, distressed, fixer, foreclosure, inspection, insurance, lender, lending, listing-agent, real-estate, real-estate-agent, real-estate-commission, real-estate-photography, real-estate-war-stories, rehab
Comments: 13
Update on ‘Fix and Flip’
Last Thursday night at the monthly REIA meeting, Than Merrill from A&E’s Flip this House presented an informative glance into his working business model. Than does more than 120 flips a year at an average of $27,000 each. Although he just started 3 years ago, Than is making millions using a system that he partially nabbed from other fix and flip [...]
Posted: October 16th, 2007 under General Real Estate.
Tags: 1031, bargain, buyers, distressed, equity, fix-and-flips, foreclosure, investing, investment-clubs, self-directed-retirement, sellers
Comments: 25
