Posts by this contributor:

    Why Sellers Give You Massive Discounts On Houses

    August 1st, 2012

    One of the toughest problems for new investors is believing that they’ll actually be able to find properties for pennies on the dollar or actually be able to take over someone’s loan via subject-to.

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    Successful Wholesaling And The Proof Of Funds Letter

    July 16th, 2012

    To be a successful wholesaler you need to master the art of finding motivated sellers and getting properties under contract. Then you need to know how to find quality buyers who you can assign these deals to.

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    What To Do If You’re An Accidental Landlord

    July 10th, 2012

    There are many reasons people become landlords and often it’s not because they’re looking to make money as you and I are. We know that people become landlords because they move for a new job and can’t sell their house, or perhaps they’re going through a divorce and need to downsize, but again, they can’t sell their house and are forced to rent it out.

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    How To Get A Deal For Only $45

    June 26th, 2012

    When most of us start out in this business we have no idea what we’re doing. I sure didn’t. I still laugh about how a buddy and I would go around making offers and if someone had a house for $250,000 and we were able to talk them down to $230,000 we thought we were getting the deal of the century.

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    The #1 Way To Find Lease Option Tenants?

    June 12th, 2012

    When I do a lease option deal I try to make it as risk-free as possible. For instance, I’ll put a clause in my contract that says I won’t have to start paying the landlord rent until I find a tenant for the property. However, if the landlord isn’t super motivated then they often won’t go for this clause and they’ll want me to put a time frame.

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    Why You Might Want To Pay Full Price For A Property

    May 15th, 2012

    If I told you that sometimes it’s alright to pay full price for a property, you’d probably think I’d gone crazy, right? After all, if you’re a wholesaler and you picked up a property that was worth $100,000 and tried to sell it for $100,000, you wouldn’t have any takers (let alone, any profit for yourself.)

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    What Type Of Investing Should You Do In Today’s Economy?

    May 11th, 2012

    To be successful in this business you have to constantly stay in touch with what your market is doing. And since all markets are local, that doesn’t mean watching the national news and hearing what some expert says about the U.S. housing market, you need to know exactly what’s going on in your local market right down to the zip code.

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    How To Successfully Drive For Dollars

    May 1st, 2012

    In order to be a successful real estate investor you should start out with a niche. A niche way of investing and a niche area. In other words, when you first begin, try mastering wholesaling then move onto lease options or subject-to. Of course, it doesn’t have to be in that order, but learn one method very well before you decide to learn another.

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    Ready, Fire, Aim (And Forget The LLC)

    April 23rd, 2012

    I try and read one book per week and I’m usually reading multiple books at a time. At the very least I have a daily goal to read 20 pages, which I usually exceed. The latest book I finished is called Ready, Fire, Aim by Michael Masterson.

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    How To Get Emergency Money For Your Business

    April 12th, 2012

    The majority of the deals I do are no-money down. Really. Not the type of no-money down deals that somehow cost $5,000 out of pocket. I’m talking about wholesale deals or subject-to deals where I negotiate for the seller to pay all closing costs and other fees so at the very most the only money coming out of my pocket is $265 for the home inspection.

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