Case Studies and Real-World Examples
Case Study Part 2: Saving a Home from Foreclosure, and Dealing with the Aftermath
So it was now the morning of the foreclosure sale, and the first bit of news we had received wasn’t good. An IRS lien rarely is. Meanwhile, my investor friend’s plan for that morning was to meet up with the Owner and sign the purchase contract. Securing that contract...
Case Study Part 1: Next-day Foreclosure Sale Showcases Creative Deal Structure, IRS Liens, Trespassers, and More!
Once in a while, a deal comes along that provides the ultimate challenge of your real estate acumen, fortitude, patience, and your assessment of risk versus reward. In sharing this particular opportunity with you, I will describe the ins and outs of a complex deal...
Making Big Profits on a 4-Plex Flip
Lots of real estate Fix/Flip investors (and HGTV reality TV shows) focus on the basic house flip, i.e., rehabbing and selling a single family residence (SFR). But a talented investor can use a similar process to flip a duplex, triplex, or 4-plex, while typically...
Introduction to the BRRRR Method of Investing in Rental Properties (with Video)
BRRRR means “Buy, Rehab, Rent, Refinance, Repeat,” and is a step-by-step method used by investors who wish to build passive income over time. Each one of the steps in the BRRRR method is implemented in order. This BRRRR method of real estate investing lends itself to...
Which Real Estate Investment Strategy Fits You Best?
Let's face it, when it comes to houses, one size (or shape, or style) certainly doesn't fit all! The same goes for your investment strategy. Depending on your circumstances, some real estate strategies might be better for you than others. For instance, let's invent a...
Crucial Advice for Real Estate Investing
"Luck is what happens when Preparation Meets Opportunity" This quote by Seneca, a Roman philosopher from the mid-1st century AD, has been one of my favorites for years. It's a great saying because it reminds us that we create our own 'luck' based on the things we do...