Articles For Aspiring & Active Real Estate Investors
Every property owner in the United States, regardless of the property size or if the mortgage is paid in full, will pay taxes on the land itself. In fact, property tax collection revenue accounts for 72% of all local tax revenue collected annually.
Real estate tax revenue is a foundational source of revenue for local counties to keep running. But what happens when property owners are unable to pay their property taxes?
Tax delinquent properties can become a burden to the collecting county or state. However, savvy real estate investors understand that tax lien investing or wholesaling tax delinquent properties can provide a great solution to these motivated sellers while creating an optimal investment opportunity.
Often, investors who are willing to tackle wholesaling tax delinquent properties will also have experience working with distressed sellers on foreclosure or pre-foreclosure deals.
Interested to learn more about this untapped and profitable real estate investing...
Meet Roxy Chamochumbi from Utah - she's an amazing member of the Pro Wholesaler Program. She faced extreme adversity during the quarantine, but she didn't make any excuses... instead, she's making wholesale deals happen!
Roxy needed a way to wholesale houses consistently during the quarantine without having to leave her home, so she became a Pro Wholesaler.
Within 3 months of enrolling into the Pro Wholesaler Program, she has already completed 8+ deals & $45,000+ in wholesale profits!
Recently, I sat down to chat with Roxy to talk about her exponential ROI since joining. She has an amazing story that moved me, and I'm sure will move you!
In this video, Roxy and I will discuss:
If you’re seeking a rewarding career in real estate investing, you might want to consider the flexibility and creativity of starting a Louisiana wholesaling business.
There are several things to know, starting with the most basic of all questions.
Is wholesaling real estate in Louisiana even legal?
Here are some answers for you.
The key to wholesaling houses in Louisiana is that there are statutes and rules you must follow to comply with the law as set forth by the Louisiana Real Estate Commission...
Micro flipping is a phrase that’s been gaining steam in the real estate industry recently and is a new market sector that everyone should know about. Done right, this is simpler and less risky than conventional house flipping and can also be very lucrative. Done wrong, it could land you with some serious financial headaches.
Technological advancements are made with each generation, but it’s fair to say that technology is evolving faster now than it has in the past. With all these developments, the way we do business has changed dramatically.
Many organizations, including Real Estate Skills, function completely online. Remote selling of stocks and shares is possible too, which has opened trading possibilities to the general public that used to be available to professional brokers only.
Micro flipping is a clear example of a business model that really only works in this day and age, where internet resources allow you to access large, complete sets of data. Analyzing...
As of August 2020, one in every 13,791 housing units has a foreclosure filing against it. While national foreclosures and short sale numbers are down over last year, the numbers are steadily increasing over last month. The top three states in the US to have foreclosure filings are South Carolina, Florida and Iowa.
So, what does this mean for the overall real estate market? Given the pandemic and subsequent economic fallout, increasing foreclosures may become more prevalent as job losses continue and unemployment rates remain high.
The foreclosure process is both emotionally and logistically painful for the affected homeowner. The homeowner will face not only the loss of a home, but severe damage to his or her credit.
A real estate investor’s primary job is to find problems and identify creative, win-win solutions for all of the involved parties. Foreclosure investing is a perfect way to make these solutions. When a solution is found, then money is made!
One of the great things about working in real estate in Texas is that there are many ways to make money.
Many people become agents or brokers. But there are other alternatives, such as wholesaling properties.
However, before you consider wholesaling as an option, there is one basic question you need to have answered.
Is wholesaling real estate legal in Texas?
The most important thing to know about wholesaling is that you can get into a lot of trouble if you don’t know what you’re doing.
It sounds almost too good to be true: investing in real estate remotely, making thousands or hundreds of thousands per year, all from the comfort of your own home? How is this possible?!
Remote work options are increasing for Americans in all industries! Pre-COVID, the United States saw approximately 4.7 million Americans working remotely at least half of the workweek.
However, in the ever-changing climate of 2020, experts expect this number to skyrocket as more companies move to a semi-permanent or permanent work-from-home structure, and as employees prove that productivity can happen outside the traditional cubicle.
Experts predict that approximately 40% of the US workforce is now working from home during the pandemic.
Self-employed professionals, such as 1099 contractors and real estate investors, are no different. With the right systems, teams, and work ethic in place, these professionals can leverage modern technology and run their real estate investing businesses virtually....
Needing a work break? Stuck at home with nothing to watch? With all the uncertainty we face today, you may be looking for more ways to be entertained, well Flip or Flop might be your next must-see series!
Flip or Flop is not just another show you'll catch while flipping channels, it's one that you may want to stick to. Although it may seem like just another home network show, you'll be able to gain a lot of insight into the house flipping business and how it may benefit you in one way or another.
In a recent article by fool.com, house flipping has been gaining popularity over the last few years. House flipping shows, Flip or Flop specifically mentioned, have been seen to impact this gain in popularity. During the first quarter of 2020, 7.5% of home sales were flipped, a jump from 2017 when it was just 5.7%.
With a growing audience, these shows have provided a perspective for them to gain knowledge on the house flipping business....
The United States is at the beginning stages of an incredible economic turning point dubbed the “Great Wealth Transfer.” As the financially successful Baby Boomer generation ages and passes over the next 20 years, it is estimated that over $30 billion in assets will be transferred from them to the Millennial generation.
Unfortunately, much of this wealth may pass without proper wills and instructions in place. Without proper estate planning, the left-behind assets, including inherited property, can create enormous legal headaches in the probate process. When a person dies without a will, the process of selling off and dividing the remaining estate can become a complicated issue.
Providing a win-win solution to tough probate deals with probate wholesaling can be an incredible strategy for savvy real estate investors to implement.
In this article, you will learn:
If it’s done the proper way, wholesaling real estate can be a rewarding and lucrative endeavor. But to get your wholesaling business off the ground, you need to know what’s legal and what will land you in hot water.
Even if you stay on the right side of the law, you want to be as efficient as possible, saving you time, money, and most of all, frustration. Wholesaling real estate is legal in all 50 states, but there are specific laws and regulations you must follow to ensure you’re in full compliance.
Here’s what you need to know if you’re considering the launch of a wholesaling business.