Fixing and Flipping Houses: A Business or a Job?

by Marty Boardman | August 16, 2012 | on Flipping Houses & Rehabbing | no comments

Here’s an important question for you – is this fixing and flipping houses thing going to be your business or an odd job? In other words, are you going act like a business owner and hire employees to perform the work associated with rehabbing the house, or are you going to hire yourself to do everything?I believe it should be every fix and flippers goal to work on their business, not in their business. My partner and I don’t demo, paint, lay tile, install appliances, light fixtures, cei

How to Make Millions From Flipping Houses! (And Also Some Real Advice…)

by Brandon Turner | August 5, 2012 | on Flipping Houses & Rehabbing | no comments

You might call it obsessive, but I listen to Pandora Radio for at least ten hours a day.In case you are unaware of this amazing piece of technology, Pandora is an online radio program which plays only music that is similar to songs you already love. For example, if I only wanted to listen to songs like “Smells Like Teen Spirit,” I would enter that song in and would be presented with endless hours of music similar to the style, age, tempo, and genre found in that classic Nirvana song. The bes

5 Tips for Installing an HVAC System

by Ken Corsini | July 25, 2012 | on Flipping Houses & Rehabbing | no comments

Hot summers like this remind me why it’s so important to have a good relationship with an HVAC contractor. Once our temperatures start hitting 90 degrees on a consistent basis, our phone starts ringing with A/C issues from our tenants. Luckily, we figured out years ago that having a great relationship with an HVAC contractor was paramount to running a successful real estate business.This topic is fresh on my mind because I just purchased a property from a seller who agreed to have an A/C unit

A Simple Tip for Negotiating with Contractors

by Marty Boardman | July 22, 2012 | on Flipping Houses & Rehabbing | no comments

The overloaded orange hand truck was filled high with ceiling fans, light fixtures, door hardware and faux wood mini blinds. I made my way slowly from the Home Depot pro desk to the parking lot, careful not spill any of the precious cargo.Yes, I could have made two trips to the car with my stuff. But that’s not how I roll. I’m a guy and guys get it done in one trip, not two.I loaded the items into my chariot, a 2004 Chevy Tahoe with the back seats folded down, like a master puzzle solver. Ea

Foundation Issues: Costs & How to Diagnose Exterior Signs of a Problem

by Jason Grote | July 14, 2012 | on Flipping Houses & Rehabbing | no comments

According to Google’s keyword search tool, over 200,000 foundation repair searches are made nationally every month.  Foundation repair is on the mind of many people as they are experiencing issues or having concerns.While many people will live with foundation settling in their home for years, the urgency to address the problem comes when it is time to sell.  The buyer pool for a property with foundation movement can be severely limited for several reasons:Problems Caused By: Foundation Issue

Flippers: You’re the Expert – NOT the Wholesaler!

by Clay Huber | July 7, 2012 | on Flipping Houses & Rehabbing | no comments

The conversation…Wholesaler: “Hey, I have a smokin’ hot deal for you! It will sell for $125,000 and only needs some carpet and paint. Should cost you around $7,500.”Investor: “Really? Wow! That’s great. I want it!”Fast forward 3 months…Investor: “Mr. Wholesaler, I’m in the third month of this rehab and I’m already at $20,000 and still haven’t even gotten to carpet and paint  yet! On top of this, I spoke with a few other peo

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