Thread: House flipping.
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Old 10-04-2005, 08:51 AM  
lightswitch
Confirmed User
 
Join Date: Feb 2001
Location: Butte, MT, USA
Posts: 870
THe dude is kind of a ckook, but every week he speels out exactly what to do in his podcast. His shit is step by step, its so layed out any moron can do it. It gets repeatative & there is hours of audio to listen thru

http://Success.org/recast/re.xml

If you think you have to be in an area with a booming real esate market your a compleate moron. I have a specialty area that hasnt seen appreciation in 20 years, & my numbers will whoop any metro area.

Tips;
* I see atleast 100 places a month. (get familar with a set area, you need to be the expert on prices in an area, not someone else that you have to refer to for valuation. Agents have opinions & while valuable, they are still just opions)
* Get an agent that is willing to carpet bomb out rediculious offers. (Ill make 20 offers, and only secure one deal) (I average 3 purchases a month)
* The good shit is not in the MLS! again the good shit is not in the MLS. (Your not the only realesate investor in town, once a place is listed everybody who matters has seen it already) (you need to seek out & convince people to sell their houses to you)
* DO NOT, DO NOT lock yourself in on a single agent. Many agents will want you to sign an agreement, making them your sole agent. FUck that! Get an army of agents working for you. If your a serious buyer, then agents will bring shit to you. THe opurtunities come to you, teh more agents teh more opurtunities.
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