Don't you wish someone could tell you all the mistakes you need to avoid before you actually make them? I recently sat down with my former coaching student, and now Head Coach of SREC, Kyle Garifo, to reflect on some of the mistakes and challenges that we faced investing in real estate and flipping investment […]
If you’re interested in buying real estate as an investment, you should know the local MLS isn’t your only option. Real estate auctions are growing in popularity, especially for people looking for a bargain. Experienced investors often buy properties this way, but technology has simplified the process and has made it less intimidating to new […]
The Automated Offer Formula When you find a property that you are considering purchasing as an investment property, are you often stuck on what number you should offer the seller? Are you interested in learning a foolproof formula that works EVERY time to give you the price you should offer on a potential property? I […]
I created Strategic Real Estate Coach because I love to teach people how to become successful real estate investors – it’s my passion in life to help others achieve the type of lifestyle they want and deserve. DANIEL WIAFE: $40K FLIPS MEMBER; STAR OF HGTV’s “FLIPPING THE HEARTLAND” A perfect example of this is my […]
Are you getting into your real estate investing career and feeling a little stuck on where to find great properties to invest in? Does it seem like there isn’t really anything available in your market? That isn’t true and you just aren’t looking in the right places or looking at ENOUGH prospects. As my brother […]
Government foreclosures, aka HUD homes, is an important topic for real estate investors to be aware of. You may automatically think the houses need a ton of work or maybe you didn’t even know that you could get hold of these properties. Let me walk you through exactly where these HUD homes come from: Many […]
Hey guys, Josh here. You know I love to be on top of real estate news and trends, so I've decided to start sharing my favorite posts of the week so you can stay in the loop with me. Real Estate in 60 Seconds with Josh Cantwell Check out our latest edition of Real Estate in […]
Does it make sense to use alternative methods of financing for investment properties? It doesn’t matter whether you’ve been in the real estate investment business for decades or you’re just starting to get involved, one of the most important things to consider is the best way to sell your properties. Should you use alternative methods […]
Consider lease options and other alternative methods of selling income properties for a bigger bang for your real estate buck. The best path to creating long-term wealth is by owning high quality, high equity, passive cash-flowing assets, like investment properties. If you’re in the property investment business, you’re going to want to learn about lease […]
Do you know the difference between Equity Partnerships Versus a Hard Money Lender? Let me give you a quick summary: Equity partnerships: Don’t require down payments Don’t require good credit Don’t require money up front to cover fees, points or closing costs Roll everything into the loan SPLIT THE PROFITS Hard money: Requires 20% down […]
Real estate investment lending firm Strategic Freedom Funding has it all – up to 100% financing, project guidance and liberal credit for solid deals. Why should you take a good look at a real estate investment lending firm? Because if you’re like most people involved in real estate investing, you’ve got a huge problem. It’s […]
Find out how Josh flips a bank owned property in the latest episode of the Real Estate Investing Made Easy Podcast. [powerpress] Here are the details on this property: INITIAL EVALUATION REO FROM MLS After repaired value (A.K.A. List Price) $144,900 Sell price (90% of List) $130,000 Net proceeds (90% of Sell Price) $117,000 […]
Here’s my BLACK FRIDAY special discounted wiz bang deal I have for YOU. IT’S CALLED FREE. DO YOU LIKE FREE? HOW’S THAT FOR BLACK FRIDAY. And you didn’t have to wait in line or get up at midnight or leave thanksgiving early. You’ll really enjoy this one. 2 more of my properties FLEW off the […]
There is a myth circling around the real estate markets that rental properties are the last option when a house won’t sell. The idea that a rental property barely pays the bills, is a huge hassle, and will drain your resources is not always true. In fact, the opposite can be true. When you correctly […]
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 […]
I’ve said it before and you’ll hear me say it again - you need money to invest in real estate. But, it doesn’t have to be your own money. Using other people’s money is a foundational strategy for real estate investing. But how can you get to the point where people are calling you, begging […]
Mortgage closing costs can vary widely by state, according to a recent survey by Bankrate.com. The average closing costs on a mortgage fell by 7% to $3,754, with New York being the most expensive with a cost of nearly $5,500. On the other extreme is Missouri at $3,000. Interestingly, Ohio ranks #11 on the list, with […]
While mortgage closing costs are on the decline, actual mortgage rates are on the increase. For the first time in over three months, the rate for a 30-year fixed rate mortgage rose to 3.55%, up from last week’s 3.49%. These are the lowest rates since the 1950’s, when long-term mortgages were first introduced. These historic low […]
The Consumer Financial Protection Bureau this week unveiled its proposed “Know Before You Owe” form. This short, simple 3-page form will summarize the costs and risks of a loan in three pages. It is designed to make it easier to shop for a mortgage and help avoid costly mistakes. If approved, this form would replace […]
Repairs are a wild-card in the rehab process, and you’ve got to be as accurate as you can to give yourself the best chance for maximum profits. For each property, you will need to decide the level of work you want to do on the house. Use the following categories, listed below from least expensive […]
Wholesale clubs truly are becoming one-stop shops for everything you need... giant boxes of cereal, lawn furniture, bulk toiletries, and now… mortgages. After testing for a year, Costco is launching a full-service mortgage lending program on its website, in conjunction with First Choice Bank and 10-other lenders. To date, the lending partners have issued over […]
Let me introduce PETER from P.A. Peter has been going thru the ICI Coaching program and just simply doing the little steps it tells him to do. He's sucking it all up and then just following the steps "ICI" gives him. He's closed his first ICI deal and pocketed $34,500 from his first "ICI" deal […]
Origination fees. Title fees. Appraisals. Title insurance. Survey charges. Even postage. All these fees add up to the total cost of homeownership for the potential buyer. While we know those additional costs are there, did you know they are on the rise? On average, the origination fees (underwriting, processing) from lenders have increased over 10% […]
Mortgage rates are the lowest they’ve been in a long time, and those people who are in a position to be able to capitalize on the market conditions and buy a home are facing another challenge: rising mortgage closing fees. In Illinois alone last year, mortgage closing costs rose by 40%. The national average is […]
If you’re trying to sell a house on the retail market, you’re likely up against a lot of competition. So, what’s it going to take to get the attention of buyers? You need to make your house stand out from any other on the market. We’ve heard the statistics and know what we’re facing – […]
Jerami King is a former team leader for the loss migitation department of a MAJOR bank. Today he helps real estate investors and homeowners successfully navigate the pre-foreclosure process. Few people know more about the ‘ins-and-outs’ of working with leaders on short sale approvals. Tonight, Jerami will share some unnerving trends and changes in lender […]
I have some very important information to share with you TOMORROW night. You may or may not know Jerami King. He was a former team lead for the loss mitigation department of a MAJOR bank. He has a unique perspective on short sales in today’s market, seeing them from both sides of the plate… first […]
Tell me if any of this sounds familiar: 1. You negotiated a great short sale discount. You can buy it for $221,500 and have it sold for $264,000. The “C” buyer is getting a conventional loan. The “C” lender says the seller must be the owner of record and hold the property for 30 days. […]
When speaking to a client trying to negotiate a closing price, sometimes they may have an inflated idea of the value of the home placed there by a Realtor. Do show them all the Market information on the property, but that alone may not be proof enough for them. You must know how to explain […]
By: Josh Cantwell Why is it that negotiating with mortgage companies can cause us to want to pull our hair out, yet when we find a deal that has 2 mortgages, we are ecstatic? Weird, right? On the surface, it seems insane that we would be excited to have to negotiate with 2 mortgage companies […]
