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Real Estate Blog

Articles For Aspiring & Active Real Estate Investors

Wholesale Real Estate Mentor: (ULTIMATE) Guide

By its very nature, wholesaling real estate puts your assets and resources on the line as a means to generate income and a potential capital gain.

In the field of real estate wholesaling, veteran wholesalers generally agree a professional mentor is a profoundly practical choice and maybe as (or even more) effective than a four-year college degree. Even in the modern 21st-century economy, learning alongside a mentor remains one of the most effective and efficient ways to gain the necessary insight and skills to start earning a living as a wholesaler.

A real estate wholesale mentor offers professional guidance, so, with an expert by your side, you have a better chance of avoiding the missteps often encountered by newbie real estate wholesalers. 

Mentorship is a type of formalized guidance and directional influence. Before organized education became readily available, mentorship (or its sister concept – apprenticeship) was the primary way to learn most trades. The reality is...

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Real Geeks Review (2022 Edition)

Generating new leads is the lifeblood of any real estate investment business. Any process that can automate follow-up and make it easy to maintain a CRM that keeps seller leads organized is a huge plus.

Real Geeks is an easy-to-use real estate sales and marketing platform that promises to be an all-in-one solution for real estate professionals. Real Geeks was created to help investors and agents to increase inbound traffic, generate leads, and then track and convert those leads.

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REI Automator Review (2022 Edition)

With the total value of all U.S. housing stock recently valued at a record-breaking $43.4 trillion according to Zillow, the real estate industry is undoubtedly one of the most lucrative in the country. But while there's no arguing about profitability, real estate investing is a business full of risks, and with over two million active professionals in the same realm, one of the most competitive.

On the bright side, every person has a shot at success with help from tools like REI Automator that level the playing field for both novice and seasoned investors. Learn more about the real estate software in this comprehensive REI Automator review.

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Yellow Letter HQ Review (2022 Edition)

Operating a real estate investment business has a lot of moving parts. While identifying properties and closing deals may be the mainstay, investors can’t close deals without effective marketing.

Whether marketing to prospects or reaching out to leads, an effective marketing program must check all the boxes. That means a multi-pronged approach that utilizes both digital and traditional avenues for reaching potential clients and then keeping them engaged.

Yellow Letter HQ is a full-service direct mail company based in San Diego that specializes in marketing campaigns customized for real estate investors and mortgage brokers.

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FlipperForce Review (2022 Edition)

House flipping is among the most lucrative investment strategies in real estate. If done right, it offers an average profit of $62,000 and has a quick turnaround time as well. And since it involves working with professionals from different industries, flipping also enables REI professionals to expand their network and gain more knowledge of the local market.

But while it has its perks, it’s not all rosy. You need to find the right property, build relationships with lenders and contractors, estimate rehab costs, and find permits, all while scouting for the right buyer.

Luckily, we are in an era of digital solutions like FlipperForce. It is designed to streamline and automate these tasks so you can focus on two of the most important ones; finding leads and closing house flipping deals.

Check out this quick video intro that talks about the basics of FlipperForce!

Learn more about its CRM features, pricing, and all there's to it in this FlipperForce review!

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Deal Automator Review (2022 Edition)

Real estate investing has a lot of moving parts. Not only are there all the responsibilities that go along with operating a business, but there’s the need for generating leads, marketing to prospects, and nurturing deals to close.

It’s no surprise that most real estate investors would rather not deal with multiple software programs just to run their business. 

For real estate investors looking for an all-in-one platform that can streamline the many components of operating a real estate investment business, Deal Automator may be the answer.

From lead generation to communication to contract close, Deal Automator is an all-inclusive software created by real estate investors for real estate investors, providing a way to potentially improve the efficiency of running their business.

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Flipping Houses Salary: How Much Do House Flippers Make?

Flipping houses has been a lucrative business & short-term investment strategy for many years. However, the investment strategy’s potential to generate a lot of money has found renewed popularity in recent years.

A house flip is defined as an investment property that is bought and sold within the same 12-month period. Real estate flippers find distressed properties (or fixer-upper homes), remodel, and sell the property for profit.

According to ATTOM Data Solutions, a national curator of property data, 94,766 single-family homes/condos were flipped in 2021’s third quarter. Those transactions identified as a ‘house flipping deal’ accounted for 5.7% of the total single-family transactions for 2021- Q3.

This translates to one flip for every twenty real estate transactions of single-family homes.

Flipping houses salary real estate market

To provide some context, the median price of the homes that were flipped in 2021-Q3 hit a record high at $281,847. This amounted to a 4.8%+ from the previous quarter...

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REI Reply Review (2022 Edition)

Ask any average real estate agent how they get leads, and they'll probably tell you cold calling. While it's true the strategy works, it's time-consuming, not to mention most prospects find it irritating.

And truthfully, if you’re in the wholesaling business or a general real estate investor looking to attract and increase leads in this digitally progressive era, traditional cold calling won’t cut it.

You need to attract and manage leads through their customer journey, and the best, most effective way to pull it off is by incorporating modern tools into your daily operations.

REI Reply is a good example. It helps you identify, track and organize leads, saving time for other essential tasks. Let's take a look at how this real estate software can help professionals in real estate investing.

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Taxes On Flipping Houses: The (Ultimate) Guide

If you’ve ever seen any shows about fixing and flipping a house on TV, you probably understand it can be a great way to make some significant money.

That said, flipping houses do have some limitations if you don’t know about them. Namely, taxes can cut into your profits if you aren’t prepared.

On the other hand, this guide is for you if you’ve never seen a show but have heard about it and are curious about what flipping houses mean.

In this guide, we’ll examine some common issues with flipping houses, such as;

  • What does flipping houses mean?
  • Are there taxes involved when you flip houses?
  • What is the difference between short-term and long-term capital gains?

House flipping is a business model where a person or group buys a home and often a distressed property or an underwater owner puts in some improvements and sells it for a mark-up to maximize profits.

In general, what does it mean to flip a house is defined as a business that purchases a house...

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Wholesaling HUD Homes: The (Ultimate) Guide

HUD homes are a mostly untapped market for wholesale investors. Few investors look to HUD homes to find deals because of the complexity of the contracts and the government's interference with these properties.

Still, if you have the patience to overcome these obstacles, you could find yourself with a healthy profit when wholesaling HUD Homes.

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