How SREC has Helped People Like You?

Category: 40k Flips

How SREC has Helped People Like You?

Real estate is and will probably always be a hot market for the right types of people. For those who are driven by measured success, real estate can be just the right field for you. With so many scams and con artists trying to sell you on how to buy and sell properties, rehab foreclosed…  Continue Reading

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[Free MP3 Interview] Former Accountant makes $200,000 on ONE DEAL using my system!

[Free MP3 Interview] Former Accountant makes $200,000 on ONE DEAL using my system!

Good Morning, I have a Free Gift for you today. Do you like free stuff? I do…. You can download it here The other day I interviewed and recorded my conversation with a $40k Flips Student. His name is Scott from San Fran CA and he made $200,000 on a deal using my system. Scott’s…  Continue Reading

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4034 Manchester Rd, Akron, OH | Powered by Postlets

4034 Manchester Rd, Akron, OH | Powered by Postlets

4034 Manchester Rd, Akron, OH | Powered by Postlets.

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How to Make $40k a Pop [video]

How to Make $40k a Pop [video]

You know what the #1 problem facing our  community is? It’s this: Most of the “other guys” who teach real estate ONLY made money back when it was hot, and they have no idea how to make money in today’s market. When the market changed a few years ago, I was still making money hand…  Continue Reading

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How To Sell A House In 90 Minutes – Bailey Road Property Launch

How To Sell A House In 90 Minutes – Bailey Road Property Launch

It’s time for a property launch! We just finished rehabbing this house on Bailey Road in Cuyahoga Falls and it’s ready for its new owner. In this video, I walk you through the process that we’re going to use to sell this house overnight – in one day – during a massive property launch. We…  Continue Reading

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Profits Coming In A Month: Melody Lane Rehab Winding Down

Profits Coming In A Month: Melody Lane Rehab Winding Down

We’re just a few weeks from putting this house on Melody Lane on the market. This is another Fannie Mae bank-owned foreclosure that we are rehabbing. We’ve done a lot of work in this house, but when it’s done, it will be move-in ready for the new owners. We completely redid the bathrooms and kitchen,…  Continue Reading

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Countdown To Profits: Property Launch Just A Few Weeks Away

Countdown To Profits: Property Launch Just A Few Weeks Away

I’m back at the house on Bailey Road in Cuyahoga Falls, OH that we purchased for $31,000. It was a Fannie Mae bank-owned foreclosure, and I bought it using none of my own cash or credit. The house needed a lot of work, but much of it just cosmetic. Our rehab budget was $22,000, and…  Continue Reading

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Freddie Mac & Fannie Mae Joining Forces

Freddie Mac and Fannie Mae are teaming up to form a new company that will focus on securitizing home loans. This is part of an effort to reduce the role that the government plays in the overall mortgage market. Together, Freddie and Fannie finance 2/3 of all new home loans in the US. According to…  Continue Reading

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Housing Recovery Moving Along, Thanks To These Factors

Pretty much everyone is in agreement that the housing market is gaining momentum. Not at the ridiculous pace of the pre-bubble days, but a more steady, sustainable growth. However, there are still bumps in the road to recovery, but overall, signs of sustainable growth can be found in the market. According to the Mortgage Banker’s…  Continue Reading

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Have You Checked Out SREC TV Yet?

Have you been to SREC TV yet? If not, go now and visit http://strategicrealestatecoach.tv and tune in to the latest video and podcast episodes for what’s happening in the world of active real estate investing. It’s Real Estate Made Easy! Join Josh Cantwell as he tours houses he has purchased to rehab and sell, listen…  Continue Reading

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Profit Time: Heights Drive Is Sold!

Profit Time: Heights Drive Is Sold!

I’m so excited to show you this property – for the last time! We’re closing on this house for $124,900 – the loan package is at the title company and once we get the inspection certificate, we’ll transfer this house to the new owner, sometime within about 48 hours! Come with me as we go…  Continue Reading

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How To Make BIG Profits: Music To My Ears On Melody Lane

How To Make BIG Profits: Music To My Ears On Melody Lane

Join me for another stop on my tour of my rehabs – Melody Lane. I’m standing in what used to be the kitchen. I’ll share with you what our plans are for this demo project, and give you an idea of what it looks like now, in the raw demo stage. We bought this house…  Continue Reading

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New Coach Joins The Strategic Real Estate Coach Team

Strategic Real Estate Coach (SREC) is proud to announce the addition of a new real estate investing coach to its team, Millen Atwood. Millen Atwood was introduced to real estate in high school, while helping an investor in repairs and updates to his income properties. He started his investment career in 1988 after getting married,…  Continue Reading

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2012 Home Sales Best Since 2007

The pace of home sales in December of last year beat the previous year by nearly 13%, according to the National Association of Realtors. That meant sales for the whole of 2012 were up nearly 10% over 2011, the best since 2007. The two factors having the biggest impact on the sales increases are continues…  Continue Reading

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It’s Profit Time Again: 5494 South Main Street Is On The Market

It’s Profit Time Again: 5494 South Main Street Is On The Market

The rehab at 5494 South Main Street is done and ready to go on the market. We’re into this house for $74,000; we bought for $52,000 and our rehab budget was $22,000. The rehab on this one was mostly cosmetic – new windows, new bathroom, paint, carpet, trim, new kitchen (cabinets, countertops, appliances, backsplash). It…  Continue Reading

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How To Make $40,000 – $50,000 + in Real Estate: Manchester Road Rehab Update

How To Make $40,000 – $50,000 + in Real Estate: Manchester Road Rehab Update

In this video, I walk you through the completion of our biggest rehab project to date – on 4034 Manchester Rd. We invested nearly $40,000 in renovation costs in this house, and it’s a gem now! We completely renovated the basement and kitchen, changed the downstairs floor plan, renovated the second floor to make a…  Continue Reading

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My Life In Real Estate – “Good Bones” Real Estate Flip Yields $45,000 profit?

My Life In Real Estate – “Good Bones” Real Estate Flip Yields $45,000 profit?

My offer just got accepted on this house at 1171 Gardner Rd., so come along with me as we go in for our first look. It is a very roomy house with 4 bedrooms, 3 full baths, 2 fireplaces, and a full basement that could be finished. It is a bank-owned property; owned by Bank…  Continue Reading

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My Life In Real Estate – Ballash Road Update

My Life In Real Estate – Ballash Road Update

Come along with me as I update you on one of my rehab projects – Ballash Road. Remember, we paid $52,000, had a $30,000 rehab budget, so we are into it for $82,000. We will list it for $149,900 to liquidate it – the actual listing price should be $159,900. I take you on a quick…  Continue Reading

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Is Another Housing Boom On The Way?

Is Another Housing Boom On The Way?

Mortgage rates are still at rock-bottom levels, and will stay there for the foreseeable future. The total number of foreclosures are down. Home prices and the number of new home sales are up. Is this glimmer of recovery in the housing market a signal of a larger housing boom about to happen? Barclays Capital is…  Continue Reading

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2013 Is Your Year To Be Daring, I’m Going To Help

2013 Is Your Year To Be Daring, I’m Going To Help

The New Year is just around the corner; it’s a time to start fresh and focus on new goals and what you want to change in your life. So I’m setting out a challenge for you:   I DARE YOU to make it the best year yet. I DARE YOU to make more money this…  Continue Reading

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My Life in Real Estate – Ballash Rd Case Study Part 2

My Life in Real Estate – Ballash Rd Case Study Part 2

Come along with me as I take you through the rehab that’s going on at Ballash Road in Medina. We’re about 4 weeks in to the project. Our budget was over $30,000, and I want to show you some of the changes we’ve made so far. About half of our budget was materials and half…  Continue Reading

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Home Ownership Possible After Foreclosure or Short Sale

 There’s a new term in real estate to know – boomerang buyers. This is the term the Wall Street Journal has coined for people who have gone through a foreclosure or a short sale and are ready to be a homeowner again. They have come through the rough patch and are back in the market….  Continue Reading

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A Great Finished Product Leads To A Great Profit Potential

A Great Finished Product Leads To A Great Profit Potential

This is the third video in this series about private lending, and we revisit the house on South Main St. My brother, Mark, walks us through the budget on this rehab and what had to be done to get this house ready for it’s debut. The project took us about 10 weeks and just over…  Continue Reading

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Don’t Let Mold Scare You Away From A Great Profit Potential!

Don’t Let Mold Scare You Away From A Great Profit Potential!

I’m back in another REO I just acquired… and it’s a short one because there’s a lot of mold in this house – we had to get out of there quick! This is an REO, we’re buying and fixing it up, and will relist it. It needs $5,000+ in mold remediation alone! But, it’s in…  Continue Reading

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What Do Mortgage Lenders Look For In A Borrower?

There’s been a lot of coverage in the news lately about low interest rates on home loans, and this is causing more and more people to either try and refinance or get approval to move forward with a new home purchase. Even though mortgage rates are low and deals plentiful, it’s still not easy to…  Continue Reading

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New Freddie Mac Short Sale Guidelines Announced

As of Nov. 1, the new short sale guidelines announced by Freddie Mac went into effect. These guidelines now ensure that Freddie Mac and Fannie Mae have the same rules regarding short sales. There are three main things to be aware of in these guidelines that are designed to speed up the traditionally long, slow…  Continue Reading

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Flipping Houses Gaining Popularity

I’ve been telling you for months and months that there is a huge opportunity in the housing market now thanks to a flood of distressed properties on the market. The opportunity lies in buying low, rehabbing the house and selling it for a big profit. That strategy is gaining popularity, as evidenced by the recent…  Continue Reading

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Foreclosures Down in September, Hit 5-Year Low

The latest foreclosure numbers are out, and the month of September showed the lowest rate of foreclosures since July 2007. It was the second month in a row that the numbers were down, following three months of increases. Year-over-year numbers for September showed a 16% drop, with the biggest declines in the states hardest hit…  Continue Reading

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Morality an Issue for Defaulting Boomers

For the aging baby boomer population, the decision to strategically default on their homes is one that is steeped in morality. As baby boomers face retirement, those who are struggling with their mortgages are pondering a difficult decision – whether to walk away from their homes before their financial reserves are completely depleted. According to a…  Continue Reading

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John Cochran Newest Coach at Strategic Real Estate Coach

Twenty-nine year old Cochran lives in Dayton, Ohio. He is a Real Estate Investor who has flipped over 150 real estate deals in his 11-year career. He started his career doing a lot of rehabbing, and then he bought a HUD house for $18.47 and got hooked on wholesaling homes for big profits. Once he…  Continue Reading

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Short Sales On The Rise Again

Short Sales On The Rise Again

Great news for real estate investors who focus on short sales – they are on the rise again. Banks are turning to short sales more and more so they can get around the long process of seizing, maintaining and then trying to sell homes through foreclosure. The pace of new foreclosures has slowed slightly, but…  Continue Reading

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My Life in Real Estate – Ballash Road Case Study

My Life in Real Estate – Ballash Road Case Study

In this video I am taking you to an actual HUD Wholesale home that I am closing on in just 2 days! As we drive to the house, I take you through the numbers and the process that I used to get this house at an incredible discount – 33% below the original listing price….  Continue Reading

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Fairpark Drive Rehab Case Study Part 2

Fairpark Drive Rehab Case Study Part 2

Here another installment of My Life in Real Estate: $88,900 Profit In this video I’m going to take you inside “Fairpark Drive” I bought this house for $45,500, renovated it for $25,500. Its now on the market for $159,900. This thing has $88,900 of Profit in it ($159,900 – $71,000). If you are interested in…  Continue Reading

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Everything You Ever Wanted To Know About Buying & Selling HUD Homes

Buying HUD properties is a simple, fast way to make consistent profits – quickly putting thousands of dollars in your pocket over and over again. Before we find out some of the tips to working with HUD properties, let’s define what a HUD property is. A HUD property is one that used to have an…  Continue Reading

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Foreclosure Errors Cost Banks $125,000… or $15,000… or…

Late last year, banking regulators set out to put a price on foreclosure errors for victimized homeowners. It’s going to cost banks $125,000. Or maybe $15,000. Or perhaps just $500. Pretty clear, huh? How is the actual amount determined? The regulators finally released their “framework” of possible outcomes from 13 different mortgage servicing “errors.” Each of…  Continue Reading

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Main Street Case Study

Main Street Case Study

I’m back again with another “My Life in Real Estate” rehab videos. In this one, we’re at 5494 Main Street and we just closed on it four days ago. This one is a real diamond in the rough. It’s located right across the street from the Portage Lakes near Akron, which is a prime location….  Continue Reading

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Manchester Road Case Study

Manchester Road Case Study

Check out this video – it’s another rehab I have in the pipeline and I want to give you an update on what’s happening with it. This one is at 4034 Manchester Road – right in my rehabbing sweet spot. Come with me as I see the house for the first time. We bought it…  Continue Reading

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My Life in Real Estate: Rehabbing Bank Owned Properties, {Case Study Heights Drive Part 2}

My Life in Real Estate: Rehabbing Bank Owned Properties, {Case Study Heights Drive Part 2}

I’m back with another installment of “My Life in Real Estate”, this time checking in on one of my most recent rehab projects – 193 Heights Drive. This is part 2 of this case study. Part 1 I recorded 2 months ago and we showed you this house when we first started the project. In…  Continue Reading

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Home Prices Up For First Time Since 2007

According to Zillow, single-family home prices are up over 2% from the first quarter of this year, and .2% annually, showing an increase for the first time in five years. Interestingly, the housing recovery seems to be underway despite sluggish job growth, indicating some measure of organic growth. According to Zillow Chief Economist Stan Humphries, the…  Continue Reading

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Where Are Threats to Real Estate Coming From?

International focus group, Counselors of Real Estate, recently took a global, big-picture look at real estate to determine the top 10 issues facing the real estate industry in the coming decade.   The top 10 issues, as identified by the group, include: An aging population means more focus on group senior living, less office space…  Continue Reading

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63,000 Foreclosures Completed in May

According to the monthly numbers released by CoreLogic, the number of foreclosures completed in May 2012 was 63,000, up from 62,000 in April but down from 77,000 one year ago. Since September 2008, the start of the current financial crisis, 3.6 million foreclosures have happened across the country.   This number represents the number of…  Continue Reading

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Has the End Finally Come?

Has the end to the housing market slump – the longest slide since the Great Depression – finally come? The signs are there. Home prices are on the increase, sales are happening, the market is showing a recovery, and home builders are ramping up again. Now all this doesn’t mean that we’re going to shoot…  Continue Reading

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Fixed Mortgage Rates Still Holding Steady & Low

Mortgage rates held steady once again, sitting at record lows. The 30-year fixed is at 3.66%), with the 15-year at 2.94% (both matching record lows previously set). These rates are helping keep home affordability in reach for many homebuyers or for those wanting to refinance.   Experts don’t expect rates to go up anytime soon,…  Continue Reading

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Demand for Rentals to Remain High, Driven By Younger Generation

The younger generation – heads of households in their 20’s – continues to drive growth and demand in the rental housing market. The overall rental rate in the US is at about 35%, but for those in the 25-29 year old age range, the rate is 65% and gets even higher with the under 24…  Continue Reading

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May Foreclosure Report Results Mixed

According to the May 2012 Foreclosure Report from ForeclosureRadar, the impact on overall foreclosures tends to be impacted by local market conditions rather than overall market trends. The report focused on some of the hardest hit states, including Arizona, California, Oregon, and Nevada. Negative equity, according to ForeclosureRadar CEO Sean O’Toole, is the real problem….  Continue Reading

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Negative Equity Impacts Home Supply Positively

According to CoreLogic, negative home equity is actually driving a drop in REO properties and the overall supply of unsold properties. The result is an increase in home prices. The home supply is at the lowest number in more than five years – sitting at six and a half months. Negative equity makes people more…  Continue Reading

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As Short Sales Increase, So Does Suspicious Activity

At the start of this year, the number of short sales has outpaced the number of REO sales in 12 states. Short sales are increasingly popular with investors as a way to maximize returns from foreclosure sales. Along with the increase in short sales comes an increase in “suspicious mortgage activity reports.” These reports don’t…  Continue Reading

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Housing Recovery Hopes Dimmed By Rising Foreclosure Numbers

Recent information released by RealtyTrac shows a disturbing turn in the number of foreclosures – actually rising by 9% in May over April. This increase can be partly attributed by the release of a backlog of foreclosures by the banks. However, the majority of those homes in foreclosure are just starting the process. While a…  Continue Reading

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Streamlined Short Sales Coming Soon

As of a couple of months ago, short sales accounted for nearly 15% of all home sales in the country. That number continues to grow as homeowners see short sales as a viable alternative to foreclosure. While foreclosures still make up ¼ of all home sales, that figure is down from the previous two years….  Continue Reading

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10% of Homeowners Are 90+ Days Delinquent

10% of Homeowners Are 90+ Days Delinquent

According to Zillow, 10% of all homeowners are 90+ days delinquent on their mortgage payments. That equals out to owing $1.2 TRILLION more than the value of the homes. It’s a staggering number. Over 30% of homeowners owe more than their house is actually worth, making them “underwater.” Zillow’s data covers nearly all mortgaged homes…  Continue Reading

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Pending Expiration Fuels Strategic Defaults

Pending Expiration Fuels Strategic Defaults

The current Mortgage Debt Relief Act of 2007 is set to expire on December 31 of this year. While there is a bill in the House that would extend it to 2015, homeowners are getting twitchy. So much so, in fact, that according to YouWalkAway.com, a foreclosure prevention agency, conducted a survey of borrowers and…  Continue Reading

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