Articles For Achieving Financial Freedom Through Real Estate
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.
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...
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:
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 roll into 2019 with a head start!
Also discussed in this video:
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...
The most important thing as a real estate investor is including an inspection contingency on every contract. This is how you protect yourself and are able to invest with as little risk as possible! Be smart - use the inspection contingency. Check out the video above if you're interested in:
Here is a transcription of the video if you enjoy reading:
Hey, everyone, it's Alex Martinez, and today, we're going over the most important thing as a real estate investor.
When a lot of people look at real estate investing, and look at entrepreneurship, they look at it as something that's a little risky.
What we do, as real estate investors and entrepreneurs is, is mitigate and lower our risk as much as possible, and then, make calculated decisions after that.
The most important thing, as a real estate investor, when...
I was recently interviewed & featured on Authority Magazine to talk about my real estate journey, investing advice, efficiency hacks, & about my most memorable failure to-date! Here is the full article & interview written up by Drew Gurley. Drew's questions are in bold and my answers are below each question. Hope you enjoy!
Alex Martinez has a great story, one that certainly resonates with the concept that you have complete control of your life and your decisions. To go from making sandwiches to breaking 7 figures of profit in 12 months takes confidence in knowing who you are.
I spent some time learning about Alex’s story and was nothing less than motivated to say the least. He’s young, energetic, and passionate about working to sustain what has come to be an amazing lifestyle, all before turning 30!
Here’s more on...
Hey, guys, What's up? It's Alex Martinez, and today's video is How to Talk to Cash Buyers and Find Their Buying Criteria.
First off, cash buyers are the real estate investors that are going to buy your wholesale real estate deals. They are most likely renovators or flippers that want to purchase a property, renovate it and resell it for a profit. You get paid by bringing them this nice deal that you get under contract, and then you sell that contract or assign that contract to them for $10,000 plus. Cash buyers want you, and you need cash buyers to buy your property with all cash.
So, you may be asking, "How do I find cash buyers?" I previously made a video on how to find cash buyers in your area in one minute or less, so definitely check that out, but some other ways are to go to your local real estate investing association, and there you can meet cash buyers. Also, when you see bandit signs on the side of the road, give them a call, because there's most likely cash buyers on the...
Hey guys, Alex Martinez here. I get the question a lot from real estate investment companies and real estate investors of “do I actually do the work myself at the property for a house flip?” The long and short of it is no, I don't!
This is because you want to focus on building the real estate investment business, you want to focus on the marketing and getting other private lenders to lend your company money so you use other people's money for your deals. By no means do you want to be the general contractor at the property, putting up drywall, painting, and doing all of these different tasks all the time.
So, the short answer is “no.” However, here and there I will do a little work. I'll tell you a story. Last property I flipped I had an investor coming to the property. He lent about $500,000 on this particular property flip. The property needed a little cleanup, and the contractors were there at the house, but they were busy working. I didn't want to say one...