Articles For Aspiring & Active Real Estate Investors
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!
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.
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.
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...
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.
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;
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...
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.
If you’re ready to begin finding motivated seller leads for your real estate business, but don’t know where to start, you’ve come to the right place.
In this guide, you’ll learn what motivated seller leads are and how to find them at any price point.
You’ll learn the key points in speaking with sellers, and most importantly, how to close the deal whether you’re wholesaling, flipping houses, or building a rental property portfolio.
Let’s dive in.
Even though we live in a digitally integrated world, cold calling is still a critical component in real estate prospecting. If done right, it enables investors, agents, sales teams, and other real estate professionals to gain new customers and information essential to making human connections with prospects.
So, how can you make cold calling more efficient? By adding an autodialer to your real estate digital marketing stack. Don't know which dialer software to get?
Check out this in-depth review of the Mojo Dialer, one of the most popular in the industry, to determine whether it'll work for you.
Do you need to find Cash Buyers right now for your wholesale deal?
In the video below, I'm going to show you exactly how to find cash buyers online for free the fastest & easiest way possible without having to pay for software, without skip tracing, & without any marketing!
Video Time Stamps:
0:00 - Intro
0:29 - What Is A Cash Buyer?
1:19 - How To Think About Cash Buyers?
2:46 - What Makes A Great Cash Buyer For Wholesaling?
6:16 - Important Things To Take Note Of With Cash Buyers
9:07 - Why Do You Want To Find Cash Buyers First Before Getting A Deal?
9:56 - What Amateur Wholesalers Do (DON’T Do This!)
10:29 - What Pro Wholesalers Do (DO This!)
11:25 - How To Find Cash Buyers Online For Free
12:43 - Why Does Our “Google Ninja Trick” Work So Well?
13:22 - Screen Share Tutorial Walkthrough of Finding Cash Buyers Online For Free
15:51 - Best Practices Using Our “Google Ninja Trick” Strategy
16:14 - How To Download...
Real estate wholesaling is a short-term business strategy that has become quite popular as the underlying strategic goals mesh exceptionally well with the current appreciating real estate market that developed during the pandemic.
Wholesaling is a great tool that can be used for commercial real estate but is mainly employed by wholesalers in the residential real estate market. These potential wholesale deals may include owner-occupied units, investment properties, or rental properties.
Real estate wholesalers act like any other middleman in an economy. However, instead of selling large quantities of goods at reduced prices (like a traditional middleman-wholesaler would), the deal is considered wholesale because the real estate wholesaler is not the end-buyer or final consumer.
The objective of real estate wholesaling is to –