Good Debt vs Bad Debt…ever heard of it? Sure, if you’re like me then you probably learned the now sacred cow “good debt vs bad debt” philosophy in Rich Dad, Poor Dad at some point.  And it seems to make good sense, doesn’t it? Good debt vs bad debt 101 tells us… Bad debt is debt [...]

Well this may be the strangest blog post I’ve ever written.  I’m typing this from the 8th floor of Palmetto Richland Hospital in Columbia, SC. More on that in a sec.  But first, looking back I can hardly believe it’s actually it’s been over 2 months since I last posted here — WOWZERS! So where have I [...]

So I’ve mentioned before how lucky I am to be part of this really phenomenal mastermind group called the Flip VIPs. Besides our in-person meetings thrice yearly, another big, fat benefit I enjoy from this posse is the ongoing collaboration and free flow of information we share privately via email. So just this week my [...]

So I got something tasty for you today, folks. We’ve never done this before, but it’s high time. Here’s the deal: On a recent Saturday, we broadcast our first-ever live MLS market research webcast.  Maybe you recall hearing about it? It was a very raw, real workshop in the truest sense of the word… Imagine Bob Norton [...]

If you like good news and happiness, check this out… So back in January 2010 we reported (and rejoiced) that the FHA had decided to suspend the 90-day anti-flipping rule for 1 year. The now-infamous rule was originally intended to prevent shady speculators from defrauding the government, but it also stifled the purchase and renovation [...]

So my Flip VIP buddy Mike Ferris just sent me this awesome list of 25 time-tested, proven ways to find/get great real estate deals (see below).  He prepared for discussion at this month’s meeting for the REIA group he runs in Delaware. Now Mike and his wife Christina have done hundreds of deals since they [...]

So it all started with an alluring email… “Ok, help me out here guys. Looking for your input…. Auction.com just called me to confirm that I got the accepted offer.  However, they are different from REDC.com where the bid is the bid and you win. With auction.com the seller has the right to say yes [...]

Meet Brian… Brian’s a short-sale rehabber from Milwaukee.  As a “fix and flip” guy, Brian gets giddy at the chance to turn a diamond in the rough junker into a bright, shiny showpiece. He does it over and over again, and it turns out he’s gotten pretty darn good at it over the years. And [...]

Yay, it’s reader mail time! Today we’re taking on a nagging question I actually hear a lot of noobs ask about the possibility of flipping houses that other investors already have under contract… From: JACQUELINE BROWN To: ** REI Tips ** Subject: I have a Question Hi, Thanks so much for your very informative website, [...]

So I discovered this terrific tip today in my inbox.  It came in an email from my buddy and fellow Flip VIP Brian Meidam. Fact: You know that tasty new house you’ve got for sale?  Well anybody on the planet who’s interested will probably look it up on Zillow at some point.  That’s just the [...]