In this video, I talk about some of the real estate tools and software programs that I use on a daily basis in my real estate business. I have the links to these tools listed below. As a real estate investor, your goal is to buy houses at a discount. You are going to need to target and market to sellers who are more likely to sell at a discount. We call these people “motivated sellers”. To market to these motivated sellers, you are going to need to create lists of sellers who are most likely to want to sell. Some of these lists include absentee landlords, delinquent taxes, vacant proper ..read more

A Notice of Interest is an important way to protect yourself as a buyer in a real estate transaction. When you sign a purchase contract with a seller, and they agree to sell you their property for a specific price, you want to make sure that they do not decide to sell it to someone else for a higher price. Some investors tell sellers to get an offer in writing and tell the seller that they will beat any written offer. Essentially this allows the seller to “shop” your offer and find a buyer that will pay a few thousand dollars more than what you offered. There is nothing wrong with a seller tr ..read more

HOW TO BUY BANK OWNED PROPERTIES, FORECLOSURES & SHORT SALES (3 Day Live Training Event Feb 23 -Feb 25)   ☑️Bank Owned Homes ☑️Pre-Foreclosures ☑️Foreclosures ☑️Short Sales ☑️Marketing To Motivated Sellers ☑️Bidding on Online Auction Sites ☑️Bank Owned Property Websites ☑️Buying HUD Homes ☑️Bidding on Fannie Mae Homes ☑️Buying Freddie Mac Homes Learn More About This Event By Clicking The Button Below: FORECLOSURES AND BANK OWNED HOMES ARE COMING ARE YOU READY? Now that the foreclosure moratoriums have ended, and interest rates have increased dramatically, we are seeing a substantial ..read more

Using Low Price Anchors When Making Offers On Properties Something I am asked frequently is how you can get a seller to reduce their price. There is a strategy for this called price anchoring. A lot of times investors and wholesalers will anchor too high. They will go to the seller and they’ll say how much would you like for your property and then the seller would say well I’d like $200,000. At that point in time, the sellers put out a number and it’s very hard for you as the buyer to negotiate down from that number. If you go back to them and throw out a really low number they’ve still got t ..read more

  The Biggest Mistake New Wholesalers Make That You Can Avoid The biggest mistake a new wholesaler can make is they sign a contract first. They take a contract, fill it out, and send it over to the seller. After they send the contract they then wait for the seller to contact them back or sign it, and then the seller often will ghost them. Then they have days of going back and forth. What I like to do is send the contract to the seller and say, “My offer is good until 5pm today”, and they need to sign it ASAP. Now once they’ve signed it I get to choose if I’m going to sign it. Otherwise wh ..read more

  Creating Wealth With The Buy, Repair, Rent, And Refinance In this video, I explain the buy, repair, rent, and refinance concept and how it works. Buy, Repair, Rent, Refinance, also known as BRRR is the easiest way to create long term wealth with real estate. It works so well because of the fact that when refinancing a property, the amount the bank will lend is dependent on the appraisal (not the purchase price). We know that with investment properties, the bank requires a 25% down payment. So if you were purchasing a $200,000 rental property, the bank would require you to put down $50,0 ..read more

  Buy Unlimited Amounts Of Real Estate With No Money Down You can buy unlimited amounts of real estate without putting any of your own money down. In fact, for almost every property that I buy, I don’t put any of my own money into them. I have a lot of investors and lenders. Most of the time not only do I borrow the purchase price, but I also borrow the rehab money as well. So I do deals with no money down all the time. I have lots of students that have done deals no money down. Many of my students are now multi-millionaires! If you want to learn how to do this it is NOT difficult! You ju ..read more

The Best Way To Start Out As A New Real Estate Investor The best way for you to start out as a beginner if you’ve never done a deal before or have never bought a piece of property is wholesaling! Even if you’re completely broke and have no money in your checking account the best way to start out is wholesaling. The reason wholesaling is the best place to start is because it allows you to focus on learning how to find deals. Once you learn how to find deals and flip them, you could make 5-10k. This will start to build your confidence. You will start learning more about what you’re doing, and g ..read more

Either Prices Have to Come Down Or Interest Rates Have to Decline On today’s podcast episode, I talk about why I believe that either interest rates need to go down or prices need to go down.  To illustrate this, and to show you the simple math, I use a current example of a market that I have been buying houses in for the past 21 years which is Port St Lucie, Florida. The typical 3 bedroom 2 bathroom house in Port St Lucie sells for $325,000. For a 1,181 SF House, this works out to be around $275 per Square Foot. This house would rent for around $2,100 per month.  Now there are three ..read more

The Difference Between A Wholesaler & A Bird Dog Many people are confused about the difference between a wholesaler and a bird dog. A wholesaler is essentially somebody who: Markets to sellers Finds a house below market value Signs a contract to purchase the home Then flip their contract to someone in the market for a profit Now what does a bird dog do? Well, it is actually quite similar because a bird dog: Markets to sellers Finds a house below market value Signs a contract to purchase the home Then flip their contract but typically only flip it to one specific investor like me If yo ..read more