Real estate investing often involves rehabbing (aka remodeling) a property. But how do you estimate rehab costs and decide what repairs need to be done if you’re not a remodeling expert? In this episode, J Scott, the author of The Book on Estimating Rehab Costs and The Book on Flipping Houses shares his process that anyone can learn. You’ll [Continue Reading]
Getting Rich With the Live-In House Flip
This is a guest post about a real estate strategy called the Live-in Flip. The author is my friend Carl (aka Mr. 1500) at the blog 1500days.com. In addition to being one of the funniest and most down-to-earth people I know, Carl also has an equally impressive financial story. He originally set out to retire 1500 [Continue Reading]
How to Quit Your Job & Invest in Real Estate Full Time – the Final Steps
I became a full-time real estate entrepreneur right after graduating from college. I started from scratch with wholesaling, and then a partner and I progressed to flipping, rentals, notes, master leasing and other niches within real estate. Today, our main focus is on regular monthly income (we own and manage 61 units), and we continue [Continue Reading]
How to Quit Your Job & Invest in Real Estate Full Time – Steps 1, 2, & 3
I became a full-time real estate entrepreneur right after graduating from college. I started from scratch with wholesaling, and then a partner and I progressed to flipping, rentals, notes, master leasing and other niches within real estate. Today, our main focus is on regular monthly income (we own and manage 61 units), and we continue [Continue Reading]
My 5-Part Plan to Sell a House Quickly
Background: The Nastiest House We’ve Ever Seen Earlier this year my business partner and I found ourselves with a VERY ugly house. Actually, ugly is an understatement. Our normal clean-out crew wouldn’t touch this house. It was NASTY. The smell of roaches, feces, and dog urine all mixed together with the piles of trash and [Continue Reading]
Live-in House Flips: How to Own Your Home Free & Clear in Only 6 Years
How would you like to own your residence free and clear from any debt in just 6 years? Live-in house flips are a way to make that happen. You’ll learn how in the rest of this article. The Tax Law You Should Love You probably think the tax code is only exciting for IRS agents and accountants [Continue Reading]