From the category archives:

Real Estate Basics

Rules for Managing Contractors

June 8, 2009

Managing contractors can be the most difficult part of this business. If you’ve had problems with contractors in the past, or just want to avoid them in the future, take a look at our newest article:
6 Rules For Managing Your Contractors
Have any other great rules for managing your contractors that I didn’t capture here? [...]

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Rules for Contingencies

June 4, 2009

In an earlier post, I linked to my article on “What Are Contract Contingencies” and mentioned that I’d be posting Part 2 of that article shortly…
Well, here is it: 4 Rules For Using Contingencies
Let me know if you have any feedback or anything else to add on the subject!

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Contract Contingencies

June 2, 2009

In the past year (including last night), I’ve received a number of questions about what contingencies I use in my purchase contracts and how they affect the likelihood of my offers being accepted.
I’ve just posted Part 1 of a two-part article on Contract Contingencies in the Education section of the site.
I’ll post Part [...]

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Rehab Estimation Workshop

May 21, 2009

Just a note for any of my readers who live in the Atlanta area and are looking to get started in real estate investing…
I will be holding Rehab Estimation Workshops at one of our actual flip houses the first two weekends of June. For more information, check out:

Rehab Estimation Workshop

Feel free to email me [...]

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Flipping in 2009 (Part 2)

January 15, 2009

In yesterday’s post, I started listing my rules for successful flipping in today’s volatile real estate market…
Today, I wanted to continue that list:

Location, Location, Location: While this has always been a key maxim in real estate investing, the difference between then and now is that today, you need properties that will get a lot [...]

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Flipping in 2009 (Part 1)

January 14, 2009

I’ve been thinking a lot recently about what it takes to be a successful flipper in today’s market. It’s certainly different than it was a couple years ago (even a year ago!), but I’m convinced that if you’re diligent, analytical, and careful, it’s still possible to make a lot of money flipping properties in [...]

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Too Much Paperwork!

November 20, 2008

As I mentioned yesterday, we got an offer on The Yellow Stain House that we accepted. This was the first written offer that my wife has ever gotten as a real estate agent, and when it came in, we were both a bit confused about next steps.
Certainly we wanted to counter-offer, but we [...]

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Pro or No?

September 2, 2008

One of the decisions I need to make this year is whether or not I plan to file taxes as a “Real Estate Professional.” For those not familiar, let me take a minute to explain the advantages of claiming professional status:
If you invest in real estate part time (not a professional), you may be [...]

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To All Contractors

August 4, 2008

I don’t know if I have any contractors reading my blog, but now that I’ve started getting General Contractor (GC) bids on my first house, I have some recommendations to all the contractors out there who want to step up their game when it comes to doing a walk-through and bidding on a project. [...]

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Rich or Wealthy?

June 19, 2008

Do you make a distinction between being rich and being wealthy? Most people probably don’t, but if you’re going to invest in real estate (or anything for that matter), I think it’s important that you consider the differences and decide which is your goal.
That said, how do I define the difference between being “rich” [...]

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