Can you make money flipping houses

Most people when they are getting started or thinking about getting started in real estate investing, their first question is, Can you really make money flipping houses? I know there are a lot of people who think you can, or tell you you can. I am here to show you proof that you can actually get started today and start making. Below are some examples of ways you can make money flipping houses. You can wholesale a house for quick profit, rehab a house for profit and even flip a mobile home quickly for profit. The key to making money flipping houses is to follow a simple proven process. You need to know how to find deals, evaluate the leads, determine what to offer and then what to do. Its that simple. Once you know how to do all of this you can easily flip a house in less than two weeks and make a quick $5,000, $10,000 or more. You do this by Wholesaling houses.

For more information make sure you get my free course at

http://realestateflippingriches.com

can you make money flipping houses The house above was a very quick flip. The only repairs needed was painting the house and mowing the lawn. Guess what? Right now there are thousands of these houses sitting around waiting for you to grab up. You can make money flipping houses in todays real estate market.   esaling Houses?”][/caption] Wholesaling real estate is one of the fastest ways you can start making money flipping houses. right now there are thousands of investors and land lords out there looking for cheap houses. A wholesalers job is to help these land lords find awesome deals. Watch my Youtube Video titled Can You make money Flipping Houses By clicking the link below http://www.youtube.com/watch?v=Im9wpsaqcQk

Why You Should Network With Non-Real Estate Investors

I’ll admit. When I first started out as a real estate investor all I did was go to my local REIA meetings. I happen to live in the Washington, DC area so there are plenty of REIA’s close to me and I hit them all.

I was a networking machine at these meetings and it paid off well. I got plenty of referrals and did plenty of deals from the people I met. However, after a while I didn’t feel as if the REIA’s were “productive” enough for me and I wasn’t getting the necessary return on my time investment.

Another problem was that as real estate investors we’re small business owners and all I was doing was hanging around the same type of business owners and not expanding my business network.

So what did I do?

I started joining various small business associations in my county. In every town and city in the U.S. there are more “clubs” you can join than you’d ever be able to attend, such as BNI and the Chamber of Commerce.

When you attend these types of events you expand your network and you could get deals and business from folks who would have never given you a deal before. But more importantly, you start to think more like a business owner and not just a real estate investor.

For example, what’s the most important part of the real estate investing business? It’s marketing. And when all you do is attend REIA meetings, you see all investors doing pretty much the same type of marketing.

However, when you attend a small business event you might get a marketing idea from the local plumber, or baker or photographer that you can use in your real estate investing business.

In fact, you should be looking for these marketing breakthroughs at every event you attend.

Perhaps the local salon is giving away a free report and you could give away a similar free report in your real estate business.

My point is, try and expand your horizons so you don’t fall trap to real estate investor “incest” and start doing the same thing you see other real estate investors do. Because if you do the same thing they do, how will you differentiate yourself from the competition? You won’t.

But when you get a great idea from a local restaurant owner, and you use a similar postcard the restaurant is using – but make it applicable to your real estate business, then you won’t have any competition at all.

So… if I were you, I would make a list of the associations in your area and join several of them this week. It will pay off in lots of deals and also, lots of great marketing ideas.

View the original article here

5 Secrets of Successful Real Estate Investors

5 Secrets of Successful Real Estate Investors


Can anyone become a successful real estate investor? According to industry experts…the answer is a resounding “Yes”. Average Americans and heavy-hitting investors alike have historically embraced real estate as one of the most reliable methods available to generate real wealth. If anyone can succeed at real estate then it only stands to reason that there must be a series of steps or guidelines to be followed; a “formula” for success….and there is.


Research indicates there are five essential elements involved in becoming a successful real estate investor; steps available to almost anyone. Although they are not easy, they are very “do-able” with a bit of determination.


Learn how to recognize real estate investing opportunities. Sounds simple enough but putting this into practice often requires the ability to think independently and go against the prevailing wisdom of the day. For example, tough economic times like those in the current fiscal crisis lead many to believe that real estate is a bad investment. Others see a major buying opportunity with historically low prices and the lowest interest rates in decades. Which are you?Discover the advantages of using other people’s money.


Contrary to popular opinion, it doesn’t take a lot of money to get started investing in real estate…in some cases it takes nearly nothing. Using other people’s money (OPM) isn’t just a good way to get started, it’s the preferred method of investing in real estate.Utilize buying techniques that reduce your risk. Newbie real estate investors fall prey to schemes and scams that promise fast riches without risk but in reality, do little more than pass along outdated information. When evaluating buying techniques it’s important to get the most up-to-date and reliable information possible about financing, legal issues and other related topics.Position yourself as a real estate insider.


Becoming a real estate insider doesn’t require you to rub elbows with the likes of Donald Trump. Instead, keep it realistic and focus your efforts on becoming an insider within your own local market. Plenty of average people make millions without ever leaving their own hometown. In fact, research on the wealthy conducted by Charles Stanley found the majority of “self-made” millionaires tend to stay close to home, invest in real estate or a small business and form strong local networks.Utilize selling methods to maximize profits. Last but not least, successful real estate investors know how to utilize selling methods to maximize profits. This also entails more than the mere use of leverage; legal considerations, tax implications plus literally dozens of other issues are routinely scrutinized in order to determine the maximum ROI for every transaction.


© 2010 Marco Santarelli


Norada Real Estate Investments


www.NoradaRealEstate.com


View the original article here

I know you have heard about Land Trusts and you know that you should be using them. But I know you and you haven’t gotten around to using them yet. You believe that Land Trusts are too complicated and you just haven’t had time to learn and completely understand them, but you will get around to it one of these days.

Trusts have been around for centuries and there are tools that the rich use regularly to protect their assets. Land Trusts are a very special type of Trust that was created to protect your real estate investments, whether you are a landlord who holds real estate for the long term or a wholesaler flipper who only owns the property for 5 minutes.

There are several reasons why people use Land Trusts, but the most important one to me is the Privacy. No one knows what I currently own or what I have owned in the past and that is comforting to me to know that no one will ever be able to find all my assets if they get the bug to sue me for any frivolous reasons. 

My assets are protected, or shielded from discovery because I have taken the time to set up my business that way. However, Land Trusts only provide you with the asset protection and privacy you want if you set everything up that way in the beginning and continue to use them in the future. Land Trusts cannot help you if you have waited too long and then scramble to hide all your assets using Land Trusts at the first sign of trouble. If you suddenly transfer everything to Land Trusts, any lawyer will be able to find them and then petition a judge to have those transfers reversed and put back into your own name if the lawyer can convince a judge that you placed everything into Land Trusts to try and avoid a law suit.

As our economy and the real estate industry change, it will be more important today to start learning and implementing Land Trusts as part of your own privacy and asset protection program than it has ever been in the past. I urge you to stop procrastinating and start leaning and implementing Land Trusts right now!!!

View the original article here