Real Estate Blog

House flipping is becoming a popular trend in the modern real estate industry. The trend is attracting investors in huge numbers. Maybe you are thinking of joining the trade but still unsure on how to start flipping houses. If so, read on to learn everything you want to know about house flipping and how to get started.

What Is Flipping Houses?

There are varied definitions of flipping homes. However, it simply refers to an investment strategy where a real estate investor buys a property at a discount and improves it for sale at a higher price later. Flipping houses is a strategy for making quicker profits as opposed to buying, holding, & renting. Profits can be quite lucrative if the conditions in the real estate market are favorable.

House flippers often prefer buying homes that are old and distressed because such properties are easy to acquire at fairly cheaper prices, such as foreclosures or short sales. Thus, they present higher chances for investors to make a...

Once your wholesale real estate business starts to bring in more deals, doing all the work alone will be increasingly difficult. Since sealing each wholesale deal entails completing many tasks, you’ll have to wear different hats. However, some tasks can be very challenging while others will be more mundane. Once work starts pilling up after sealing a few deals, you will find it important to build a wholesale real estate. Doing so will relieve you some workload while allowing you time to build and grow the wholesale real estate business.

Wholesale Real Estate Team Analogy: Investing and Football

Look at your wholesale real estate business as a football team. While growing your wholesaling company, you have to bring the best players and coaches into the team.

The first season entails playing all positions in the team including the position of the owner, head coach, and the general manager. This will help you to develop more skills and get you more involved. However, you...

Edgar has already completed his first wholesale real estate deal since joining the Pro Wholesaler Membership!

Here's his review & testimonial of the Pro Wholesaler Program:

Dear future Pro Wholesalers, my name's Edgar Espinosa, I am 21 years old, and I live in Atlanta, Georgia. Before I get started, I want to thank Alex for giving me the opportunity to be in his Pro Wholesaler program. It has honestly changed my life completely. Alex has got me farther than I thought I could get to. I would not be where I am right now, if it wasn't for him. He has pushed me to achieve many of my goals, and as well as keeping my head strong.

At the beginning of the course, Alex's goal was to make sure that we knew where we wanted to be at in the future. Basically, to know our why. He provides us with a lot of tools, with a lot of resources, to help us find our why basically, our goal. Every piece of information that he provides us with, it is well said, very clear, for us to understand, and it...

The Commercial Real Estate industry is HARD.  Commercial Real Estate is not for the weak hearted; however this article offers 3 pieces of advice that will help cut down your learning curve and perform FAR above the majority of your competition.

FACT: Per Tom Ferry’s website (one of the top producing real estate brokers in the United States) 87% of all real estate agents FAIL and get out of the industry within the first 5 years of being licensed.  My guess is that in the Commercial Real Estate space, that number a lot higher, likely in the mid 90% range.

So why do the vast majority of new commercial real estate agents fail?  Is there not enough business to go around?  Has every property owner already forged their relationships with existing brokers and thus all clients are already spoken for?  Is it a lack of experience in doing deals?  Lack of network, creativity, hustle, etc?

The brutal truth is: it can be a combination of all...

Real Estate Skills went LIVE recently with Alex Martinez & Stan Gendlin to discuss How To Invest In Real Estate With No Money!  Alex & Stan have bought, wholesaled, and fixed & flipped more than $90M in Real Estate since 2012.

The best real estate investing businesses use “Other People’s Money” & creative financing strategies to grow & scale their businesses which are covered in this discussion. 

In this LIVE discussion, you will learn:

• How to invest in real estate without using your own money and without having any credit (or having bad credit)
• What Hard Money Lenders are and how to find them
• What Private Money Lenders are and how to find them
• What JV Capital Partners & Equity Partners are
• What Seller Financing is
• What a non-recourse loan is and why you want all of your loans to be non-recourse
• How Alex & Stan borrowed capital for their first fix & flip deals so that they could do deals without using...

If you’ve been in the real estate industry for awhile, then you’ve most likely heard of “Real Estate Comps.”  If you you haven’t heard of “Real Estate Comps,” then it’s time to get fully acquainted right now!

What you are about to learn in this article will teach you several different things, like: how to find comps in your area or neighborhood, how to find comps without a realtor, how to look up comps online for free, and the Comp Criteria we use at Real Estate Skills.  The Real Estate Skills Comp Criteria has been responsible for accurately analyzing property & generating millions in real estate investing profits for years.

By the end of this article, you’ll be able to find real estate comps to determine the value any house, and you will fully understand principles that the best real estate investors in the world use to determine house value estimates.

Whether you are a Real Estate Wholesaler, Fix &...

Come see Stan Gendlin & Alex Martinez discuss Wholesaling vs. Flipping Houses!  Alex & Stan will go over the Pros & Cons of Wholesaling vs. Fixing & Flipping Houses so you can begin the year with a head start!

Also discussed in this video:

• The Current State of the Real Estate Market
• Pros & Cons of Wholesaling Houses
• Pros & Cons of Fixing & Flipping Houses
• How Stan was able to go from making a minimum wage to now having a home overlooking Central Park in New York
• The most common obstacles for beginner Real Estate Investors & how to overcome those obstacles
• How to get the most out of any REIA (Real Estate Investing Association) Meeting
• How to find Cash Buyers in your area

In case you like to read, here's a transcription of the video:

Alex: Three, two, one. We should be live now. What's up, guys? It's Alex Martinez with Real Estate Skills and today I got Stan Gendlin. I'm over here in San Diego. Stan's over there on the East...

Abel Thomsen is a Real Estate Professional, Investor & Wholesaler who joined the Pro Wholesaler Membership & Program. 

Abel Thomsen goes into his thoughts & review of the Pro Wholesaler Program & covers:

• What he thinks about the Pro Wholesaler Community
• How the Pro Wholesaler Program System has taught him to be on the “Offense” in real estate investing & wholesaling rather than the “Defense”
• How the Pro Wholesaler Membership & Community has changed his outlook on wholesale real estate investing
• What the Pro Wholesaler System & Membership offers for anyone who joins
• What resonated with him the most from the most from the Pro Wholesaler Program

Here is what Abel Thomsen has to say:

My name is Abel Thompson and being part of the Pro Wholesaler Membership & Community really has changed my life in many more ways than one. This is the first system that I've learned and been a part of that's...

Meet Tyler. Tyler started working with me when he had already spent a year and a half of time, $30,000 in real estate courses, and $12,000+ on marketing trying to get his first wholesale deal. Unfortunately, Tyler was not able to get his first wholesale deal alone in those 18 months.

He attended workshops just like you did and was very skeptical. Tyler knew that if he didn’t make a change in his life that nothing was going to change and he decided to trust me and the process and jump right in.

After a year and a half of spinning his wheels, he started working with me and completed his first wholesale deal WITHIN 3 WEEKS!

Tyler did an amazing job on this wholesale deal and has now completed multiple other wholesale deals, as well!

This video is perfect for you if you’ve ever wondered, “How am I going to get my first wholesale deal?”

In this video you’ll see:

• How Tyler got his first wholesale deal within 3 weeks time
• Where Tyler got his first...

Are you a Real Estate Investor and ever wonder the question of: "Do I Still Make Offers Even If There Are Offers Higher Than Mine?"

From this video, you will quickly LEARN WHY it makes completes sense to submit offers on properties you are looking to wholesale and fix & flip EVEN IF there are higher offers than yours!

This video is a sneak peak of the Q&A Mentor Calls that take place with those in our Pro Wholesaler Program.  The Q&A Mentor Calls take place every other week where all students in the program get to ask questions about the wholesaling process, contracts, specific deal questions, real estate negotiation, and any other questions regarding wholesaling and fixing & flipping real estate.

In case you enjoy reading, here's a transcription of the video:

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Would you make an offer even if there is an offer higher than what you would pay? Would you keep sending offers for what you think it's worth even...