Tag: Real Estate Mentor Program

Real Estate Investing Mentor and Educational Entrepreneur, Author, Speaker

Real Estate Mentor

Thinking about getting a Real Estate Mentor? Don’t Until You Do This… As the real estate market has improved and the job market continues to frustrate people, real estate gurus are popping up everywhere and real estate investing along with finding a real estate mentor is looking more appealing to a lot of people. But…
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Assignment of Real Estate Contract

Assignment of Real Estate Contract – Do Your Homework! How to use an Assignment of Real Estate Contract on something you don’t own.  The question that constantly comes up in wholesaling real estate is “How can you sell something you don’t own?” You can’t sell something you don’t own UNLESS you have an equitable interest…
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Driving for Dollars | Real Estate Mentoring

How Has Driving for Dollars Changed Since 1975? When I started investing in real estate in 1975 one of the only ways to find motivated sellers was to drive neighborhoods and look for them (what I call driving for dollars). Obviously they weren’t in their front yards waiving red flags. Instead their yards were overgrown,…
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Real Estate Rehabbers WARNING

Real Estate Rehabbers May Be Facing Huge Losses Because of This Change What may well be the biggest single change in real estate investing in 50 years is fast approaching. It could well be the end of real estate rehabbing as we know it and it has already started in a couple of cities. At…
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Real Estate Mentor Program Student Gets Shocked

Real Estate Mentor Program Student Learns About Exploding Electrical Panels. A real estate mentor program student recently decided to cherry pick a wholesale property he got under contract and do a complete rehab instead of flipping it. The property had what were mostly serious cosmetic issues that he got for a price at 1/5 of…
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Destroying the Land Trust Privacy Shield

Land Trust Privacy Shield In Question. I have been using land trust privacy concept for many years and aside from a few closing agents not understanding them they have been flawless for keeping me anonymous in the public record. In addition, they can limit the beneficiary’s liability to a specific property versus all the assets…
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Real Estate Mentor Student Learns Reverse BPO Appraisal

Real Estate Mentor Student Gets A Lesson on Reverse BPO Values. My real estate mentor student did everything correct when he met with his appraiser. Even after 40 years in real estate investing we are always finding out new things. Recently an FHA appraiser and home inspector did an appraisal for one of our real…
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Private Money Real Estate Lenders

Private Money Real Estate Lenders Are Readily Available If You Know Where To Look. Should you consider using private money real estate lenders as an option for your next real estate deal? No doubt that private money is the least expensive of funding options for real estate transactions. Private money is “safe” money that individuals…
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Real Estate Rehab’s Worst Problems, Learn to Overcome Them

Warning – Real Estate Rehab Mistakes that Can Kill Your Investing Career I was at a meeting of a new REIA.  I was listening to the lamenting about real estate rehab problems due to low appraisals. Ever since the banks have their own pool of appraisers, most of the appraisals have been coming in low. Of the…
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Real Estate Gap – Explaining it is Like Crossing a Piranha Infested River

Real Estate Gap, What is it and What Does it Mean for You? The dreaded real estate gap issue reared its ugly head once again.  I have often said that holding deals together is tougher than finding them.  Following is a sample of “issues” that arose with one real estate gap transaction that could have been a deal killer…
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