One of the most common questions I get a lot is “How Do I Know If This Property Is A Good Deal Or Not?” In fact, a gentleman this week asked me this same question… He said, “you are absolutely right when you say that people fail in real estate…its because they are afraid they wont be able to sell the house later… I am one of them. I have come across more than one opportunity to buy houses and I do not take them for that specific reason. Another reason that keeps me from making offers is trying to figure it out if its a good buy or not… how do I know if it’s a good deal? Will I be able to rent it if I decide to hold it?”
I would like to spend some time explaining to those who might be having the same challenges and hopefully shed some light on the situation so anyone can gain more confidence making more offers, because ultimately, that’s the only way you are going to make any money. [Read more…] about How Do I Know If This Property Is A Good Deal Or Not?
I was asked the other day about the pros and cons to landlording, so I thought I would write up a quick post of my experiences. Most of us have heard the horror stories about becoming landlords and owning rental properties. 
Before we dive into the specifics of wholesaling properties, I wanted to quickly give you an overview of what this training will cover. I fully expect that by the time you are finished with this training, you will have at least completed your first deal or gained more knowledge so you can do more deals if you’re already flipping houses. 
There was an article on wholesaling I read the other day that has been keeping me up the last few nights thinking about. I actually agreed with most of what the author was saying, except for one major piece – that beginners should NOT start out wholesaling properties…