Real Estate Blog

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! 

If an...

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?

• What Do You Need To Know About Wholesaling in Texas?
• Is Wholesaling Real Estate Legal in Texas?
• Is Co-Wholesaling Real Estate Legal in Texas?
• Is Reverse Wholesaling Real Estate Legal in Texas?
• How Is Wholesaling Real Estate Legal in Texas?
• Do You Need A License To Wholesale Real Estate Legally In Texas?
• What Are The Wholesaling Laws in Texas?
• Is Wholesaling Legal In Houston? Is Wholesaling Legal In Austin?

What Do You Need To Know About Wholesaling 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.

You...

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:

• How probate deals generally work and who the key players are in executing an estate
• How real...

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.

• What Is Wholesaling Real Estate?
• Wholesaling Real Estate Legally (3 Methods)
• Is Co-Wholesaling Real Estate Legal?
• Is Reverse Wholesaling Legal?
• How Is Wholesaling Real Estate Legal?
• Do You Need A License To Wholesale Real Estate Legally?
• What Are The States Where Real Estate Wholesaling Is Legal?
• Final Thoughts On Wholesaling Legally As A Real Estate Investor

...

Building an accurate and robust absentee owner list is a powerful tool for any successful real estate investor to have in his or her toolbox.

With the 2020 housing market continuing to show nationwide inventory shortages, record-high prices, and a robust sellers’ market, real estate investors must get creative and think outside the box to find motivated sellers and potential investment or off-market properties.

An accurate absentee owner list can become a powerful source of future leads for an investor to continuously pull from and leverage to find great deals.

In this article, we’ll break down the mechanics of creating and nurturing an absentee owner list, including:

• Knowing how this list tool can create a continuous income source
• Understanding the tools you will need to create an absentee owner list
• Knowing where to locate absentee owners and how to stand out from the crowd
• Understanding how to work with absentee owners to reach a successful closing

Ready to learn...

Everyone has received mailers in their lifetime, whether it’s postcards, letters, catalogs from companies, or personal letters from friends and family. According to a survey done by Epsilon, “77 percent of consumers sort through their physical mail as soon as they get it.”

A direct mail marketing strategy like sending yellow letters is one of the most effective marketing pieces to grab the attention of property owners and secure consistent real estate opportunities.

Moreso, “98 percent of people check their mail daily,” so the chances of an addressee coming across your mailer are extremely high as long as you have the right mailing address.

By reading this guide, you'll learn exactly how to use yellow letters as part of your overall strategy to land more real estate deals!

Let’s dive straight into Yellow Letters: The Ultimate Guide For Real Estate Investors! Use this menu to jump to your section of...

As today’s climate of record low inventory and record home sale prices continues, real estate investors must understand and implement a wide variety of tactics and strategies to keep their portfolios alive and profitable.

When done correctly, a double closing allows investors to move quickly on acquiring investment properties with minimal capital. Utilizing a double closing is a creative exit strategy for real estate wholesaling.

In this ultimate guide, we’ll break down everything you need to know about using the double closing method. 

After reading this article, you’ll learn the following:

1. You’ll know the difference between assignment and double closing.
2. You’ll know how and when to use an assignment or double closing to your advantage.
3. You’ll have a new exit tactic to add to your real estate investing strategy.

We hope you enjoy Double Closing: The Ultimate Guide! Let’s dive in and learn how to close more deals!

• What Is A Double...

With more time spent at home, you may catch yourself channel surfing more than usual, trying to help the family find something new to watch. Well, what if we told you that you could get a good source of entertainment AND learn something new all by watching one show? Too good to be true? Well, we’ll change that for you. 

There are a wide variety of house flipping shows that give you insight into what the business entails. Some may watch these just to pass some time and others may use this as inspiration to take on their own projects and gain a little profit within the house flipping business. 

House flipping is a great investment opportunity that will provide you with a great profit if it is done correctly. According to ATTOM Data Solutions, the gross profit from house flipping increased to $62,300 within the first quarter of 2020. Although the future may be uncertain, you may still have a great chance of gaining that profit.

Regardless of your intentions,...