Is Flipping Houses Real Estate Investing?

There are some who would say flipping is not investing. They never give a reason or explain their thinking but those who preach this gospel tend to hint around that investing is only long term and not short term. They say short term is trading and not investing. The dictionary defines investing this way – To commit (money or capital) in order to gain a financial return. It does not say anything about time frame. I would recommends that the theys of the world do a little research before assuming everyone listening has no idea what they are being told. In my book anytime you put money time or energy (resources) towards a return regardless of
the time frame of that return you are investing and investing is money in the bank.

Once you have reached a certain level and are ready to take on some new ventures and challenges I would recommend holding on to some types of property more long term but only if you have achieved a certain amount of success by flipping houses first and you absolutely must choose the right properties or you will go bankrupt fast.

Having an experienced mentor in your corner will definitely keep you on the right track and out of the soup line. Make sure you choose a mentor who is a successful real estate investor himself and makes his money primarily from investing and not from selling useless home study courses.

How to Wholesale Houses – Real Estate Investing

Success in real estate sales requires three things: First, A viable product that addresses a need, second is Credibility and last but not the least is Timing which entails being in front of the right buyer at the right time. When you try to do wholesaling, it is very important that you have everything properly laid out. That means that you have all what you need and you know what needs to be done.

You can start off by choosing a certain place that you want to do the wholesaling. Once you’ve picked a place, you should expect to be going there every now and then, so also make sure that the place you choose is accessible on your part. Another question that you should be concerned with is knowing what to investment in. You should know which deals can bring in profit and which ones don’t.

Aside from choosing what to buy, you should also have your own set of buyer’s list. It could also help if you already know the buying pattern of the buyers that you have in your buyer’s list so that when you try to buy a property, you already know to whom it would be most likely of interest. In order to have proper wholesaling training, you need to develop a wholesaler’s mind in determining a good deal, appropriate value and the right people to buy from and sell to. The best part in wholesaling is that the more you do it, the better you become and the more money you get.

How to Start a Business Flipping Houses – Real Estate Power Investor

There has probably been no better time in our generation to learn how to start a business flipping houses. Unfortunately for a lot of homeowners and flippers, we have had to witness one of the biggest housing market bubbles in history. Watching the prices rise to the top created a lot of excitement but when things began to crash there was a lot of talk about doom and gloom. There is something that the mainstream media hasn’t told you, it is one of the biggest secrets of the big investors and it is about to make a lot of people very rich.

Here is the truth of the matter, you should start a business buying and flipping houses right this very moment. If you follow the advice of the very rich, the best time to buy is when everyone is trying to get out from under their properties. Well, that is precisely what is happening. With so many homes being foreclosed on every day, the banks and lending institutions are finding themselves with a stockpile of homes. Trust me when I say that they don’t want them. They need free flowing cash to make money.

The result is that you can find deals that are so cheap, you can probably even pay for them with your extra spending cash. The idea here is to get in as cheap as possible and sell it quickly for a little bit closer to actual market value. Not everyone knows they can buy from a bank. You shouldn’t have a difficult time find people who are looking for a bargain price so they can move their family in.

The prices for houses have begun to stabilize and once they have they will only go up from there. A lot of people will retire from flipping houses and doing practically no work on them. A good majority of these homes are in very good condition. This is not a case of buying abandoned property, these are homes that people just can’t afford anymore due to things like adjustable rate mortgages. Now is definitely the right time to learn how to start a business flipping houses.